Techtarget, Inc. (TTGT) Stock — Forensic Analysis, Red Flags & Rating | Stockonomy · Stockonomy
Forensic Analysis · Communication Services / Telecom · as of Aug 12, 2026
Techtarget, Inc. (TTGT)
A forensic read on Techtarget, Inc. built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
F · Poor — capital at risk
Forensic grade
Distress
Financial health
-10.1
Distress distance
Clean
Earnings quality
4
Forensic signals
-1.5
P / E (ttm)
-169.6%
ROE
$271M
Market cap
0.00%
Dividend yield
70.9%
Revenue growth
This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (red flags, auditor quality, say on pay, board independence). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.
Techtarget, Inc. earns an F (Poor — capital at risk) forensic quality grade, and its balance-sheet distress test reads -10.1, placing it in the Distress zone. 4 forensic signals were flagged in its latest SEC filings, led by return on invested capital.
What the filings flag
-105.2%
FY2025
Return on invested capital.Return on invested capital is -105.2% in the latest fiscal year and slipping from -6% — well below its ~8% cost of capital, so reinvested dollars may be destroying value, not building it.
+62.8%/yr
FY2024–FY2025
Share-count dilution.Diluted share count changed +63% over the last 1 year to FY2025 (+62.8%/yr). The count is growing: more stock was issued than repurchased over this window, so aggregate results grew faster than their per-share equivalents. That's ~62.8% shaved off per-share growth every year — total profit has to grow that much just to keep earnings-per-share flat, and a stake held since FY2024 has been diluted ~39%.
4% of rev
FY2025
Stock-based comp load.Stock-based compensation ran 4% of revenue and 120% of free cash flow in FY2025 — about $0.27 per diluted share. The cost of it is not in the cash flow — no cash left the business — it is in the count, and there it has run at about 62.8% a year, small enough that totals and per-share results tell the same story.
$998M
FY2024–FY2025
Goodwill impairments.Took $998M of goodwill writedowns across 2 years (FY2024 ($66M), FY2025 ($932M)). Writedowns mean past acquisitions underperformed what was paid for them.
Key fundamentals
Latest Revenue$486.8M
Revenue Growth YoY+70.9%
Net Margin-207.1%
Free Cash Flow$15.9M
Return on Equity-169.6%
Debt / Equity0.70x
The forensic grade and screens above are free — no account needed. Want the AI investment read on top — the 0–100 rating, thesis, bull-vs-bear, red flags and the 12-month scenario, written from Techtarget, Inc.'s actual 10-K/10-Q/8-K filings?