TechTarget Q3 revenue slightly beats estimates

Techtarget

10/11/2025 21:33

Overview

TechTarget Q3 revenue slightly beats analyst expectations, growing 1% year-on-year

Company reports Q3 net loss of $76.8 mln, impacted by non-cash impairment

Adjusted EBITDA for Q3 grows 9% year-on-year, reflecting operational progress

Outlook

Company reaffirms 2025 full-year guidance for flat revenues and Adjusted EBITDA of $85 mln

Company expects operating momentum to continue into Q4 with sequential growth

Company targets cost synergies of at least $10 mln in 2025

Result Drivers

REVENUE GROWTH - Driven by robust performance in Intelligence & Advisory and improving momentum in Brand to Demand

COST REDUCTION - Reorganization plan reduced costs and simplified team structures

PRODUCT INNOVATION - Launch of Informa TechTarget Portal leveraging combined Audience dataset

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Slight Beat*
$122 mln
$121.27 mln (3 Analysts)
Q3 EPS
-$1.07
Q3 Net Income
-$76.80 mln
Q3 Adjusted EBITDA
$22.60 mln
Q3 Adjusted EBITDA Margin
18.50%


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the online services peer group is "buy"

Wall Street's median 12-month price target for TechTarget Inc is $12.00, about 60.3% above its November 7 closing price of $4.77

Press Release: ID:nBw1BL3fGa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)