TechTarget, Inc.(TTGT) provides marketing and sales services that deliver business impact for enterprise technology companies in North America and internationally.
It also provides purchase-intent marketing and sales services for enterprise technology vendors; and customized marketing programs that integrate demand generation and brand advertising techniques.
The company offers online services, including IT Deal Alert, including priority engine, qualified sales opportunities, deal data services; demand solutions, such as white papers, webcasts, podcasts, videocasts, virtual trade shows, and content sponsorships; brand solutions comprise on-network, off-network, and microsites and related formats branding; and custom content creation.
It also operates an integrated content platform that consists of a network of approximately 140 websites that focus on a specific IT sector, such as storage, security, networking, or business applications.
In addition, the company enables registered members to conduct their pre-purchase research by accessing vendor supplied content through a websites network.
Shares have formed a bullish "cup and handle" ahead of its earnings release on November 3rd. On August 4th, the company reported 2nd Quarter June 2021 earnings of $0.56 per share on revenue of $63.7 million. The consensus earnings estimate was $0.49 per share on revenue of $60.0 million.
Higher share prices are expected.
Entry Point: $94.00
Trading Range: $43.31 - $101.12
Stop Loss: $89.00
Target Price: $103.40