Morgan Stanley Cuts Trade Desk (NASDAQ:TTD) Price Target to $42.00

Trade Desk (NASDAQ:TTD) had its target price lowered by Morgan Stanley from $50.00 to $42.00 in a report issued on Tuesday morning,Benzinga reports. The brokerage currently has an equal weight rating on the technology company’s stock.

TTD has been the topic of a number of other reports. Weiss Ratings restated a “hold (c-)” rating on shares of Trade Desk in a research report on Monday, December 29th. Royal Bank Of Canada set a $80.00 price target on shares of Trade Desk and gave the company an “outperform” rating in a report on Friday, November 7th. Moffett Nathanson upgraded shares of Trade Desk from a “sell” rating to a “neutral” rating and set a $39.00 price objective for the company in a research note on Monday. Zacks Research raised Trade Desk from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 11th. Finally, JMP Securities set a $60.00 price objective on Trade Desk and gave the company a “market outperform” rating in a research note on Tuesday, September 30th. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, fifteen have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $67.62.

Trade Desk Stock Performance

NASDAQ:TTD opened at $36.23 on Tuesday. The firm’s 50-day moving average is $38.95 and its 200-day moving average is $52.72. The company has a market cap of $17.52 billion, a price-to-earnings ratio of 41.64, a PEG ratio of 1.46 and a beta of 1.11. Trade Desk has a 52-week low of $35.65 and a 52-week high of $126.20.

Trade Desk (NASDAQ:TTD) last released its earnings results on Thursday, November 6th. The technology company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.01. Trade Desk had a net margin of 15.72% and a return on equity of 16.00%. The business had revenue of $739.43 million during the quarter, compared to analysts’ expectations of $719.11 million. During the same quarter last year, the company earned $0.41 earnings per share. The firm’s revenue was up 17.7% on a year-over-year basis. Equities analysts predict that Trade Desk will post 1.06 EPS for the current year.

Trade Desk announced that its board has approved a stock buyback plan on Thursday, November 6th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the technology company to repurchase up to 2.1% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board of directors believes its shares are undervalued.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Brighton Jones LLC boosted its holdings in Trade Desk by 3.8% in the fourth quarter. Brighton Jones LLC now owns 4,586 shares of the technology company’s stock valued at $539,000 after acquiring an additional 169 shares during the last quarter. Bison Wealth LLC boosted its stake in Trade Desk by 24.3% in the 4th quarter. Bison Wealth LLC now owns 2,480 shares of the technology company’s stock worth $291,000 after purchasing an additional 485 shares during the period. Woodline Partners LP increased its holdings in Trade Desk by 75.5% during the 1st quarter. Woodline Partners LP now owns 5,275 shares of the technology company’s stock worth $289,000 after purchasing an additional 2,269 shares in the last quarter. Parallel Advisors LLC increased its holdings in Trade Desk by 13.3% during the 2nd quarter. Parallel Advisors LLC now owns 6,777 shares of the technology company’s stock worth $488,000 after purchasing an additional 794 shares in the last quarter. Finally, E. Ohman J or Asset Management AB acquired a new stake in shares of Trade Desk in the 2nd quarter valued at about $1,015,000. 67.77% of the stock is currently owned by institutional investors.

More Trade Desk News

Here are the key news stories impacting Trade Desk this week:

• Positive Sentiment: Stifel reaffirmed The Trade Desk as a sector favorite, a supportive institutional view that could buoy demand if volatility rises. Stifel Reaffirms The Trade Desk as Sector Favorite
• Positive Sentiment: Cannonball Research upgraded TTD to a “strong?buy,” signaling at least some buy?side conviction and potential support under current levels. Cannonball Research Upgrade
• Neutral Sentiment: Previews from Yahoo Finance and Barchart flag Q4 2025 as the key near?term catalyst, with analysts expecting single?digit earnings growth — the report could swing the stock either way. What to Expect From Q4 2025
• Neutral Sentiment: BNP Paribas Exane started coverage with a “neutral” rating and a $40 target, implying modest upside but no strong conviction — a stabilizing but not bullish signal.
• Negative Sentiment: Zacks noted the stock closed down ~2.4% in the latest session, reflecting short?term selling pressure despite overall market gains. TTD Stock Drops Despite Market Gains
• Negative Sentiment: Morgan Stanley lowered its expectations for TTD, a bearish institutional signal that can pressure the shares if other firms follow. Morgan Stanley Lowers Expectations
• Negative Sentiment: Analyst moves include Wells Fargo trimming its price target (reported in coverage summaries), which contributes to the weaker tone among some investors. Analyst Notes and Price Target Cuts

About Trade Desk

The Trade Desk, Inc (NASDAQ: TTD) is a technology company that provides a demand-side platform (DSP) for programmatic digital advertising. Its platform enables advertisers, agencies and other buyers to plan, purchase and measure ad inventory across digital channels, including display, video, mobile, audio, native and connected TV. By centralizing real?time bidding, audience targeting and inventory access, the company aims to help clients optimize media spend and reach audiences at scale across publishers and ad exchanges.

Founded in 2009 by Jeff Green and Dave Pickles, The Trade Desk grew from a focus on programmatic display into a global ad?tech provider.