The Trade Desk (NASDAQ:TTD) Receives $67.76 Consensus Price Target from Brokerages

Shares of The Trade Desk (NASDAQ:TTD) have earned a consensus recommendation of “Hold” from the forty-one research firms that are covering the company, MarketBeat reports. Three research analysts have rated the stock with a sell recommendation, eighteen have assigned a hold recommendation, nineteen have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $65.5294.

TTD has been the topic of several recent research reports. Citigroup dropped their target price on Trade Desk from $50.00 to $38.00 and set a “neutral” rating on the stock in a research report on Tuesday. Stifel Nicolaus set a $74.00 target price on Trade Desk and gave the stock a “buy” rating in a research note on Friday, January 23rd. Wedbush reduced their target price on Trade Desk from $50.00 to $40.00 and set a “neutral” rating for the company in a report on Monday, December 8th. Cantor Fitzgerald set a $43.00 price target on shares of Trade Desk and gave the stock a “neutral” rating in a report on Thursday, January 8th. Finally, 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 report on Monday, January 12th.

Trade Desk News Roundup

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

• Positive Sentiment: Rosenblatt cut its price target to $53 but kept a “buy” rating, signaling that at least some sell-side analysts still see meaningful upside despite short-term fallout. Rosenblatt PT Lowered to $53
• Positive Sentiment: Stifel Nicolaus maintained a “buy” rating for TTD while lowering its target from $90 to $74, indicating confidence in the company’s longer-term growth story even after trimming expectations. Optimism for Trade Desk
• Neutral Sentiment: Citigroup lowered its price target to $38 and set a “neutral” rating—this reduces analyst headroom but is not a sell call, so it could cap near-term upside without forcing further downside. Citigroup PT Lowered to $38
• Neutral Sentiment: CFRA earlier reaffirmed a “hold” with a $40 target (which implies upside from current levels), but a subsequent CFRA note on 1/28 is more cautious—mixed messaging that leaves the stock sensitivity elevated. CFRA Hold / PT $40
• Negative Sentiment: The sudden resignation of CFO Alex Kayyal triggered the initial selloff and multiple downgrades; management turnover raises execution and continuity concerns that investors often punish quickly. Why The Trade Desk Fell Yet Again Today
• Negative Sentiment: Market coverage and headlines note TTD hit a new 52-week / one-year low after the news, amplifying downward momentum as stop-losses and momentum traders accelerate selling pressure. TTD Hits New 52-Week Low
• Negative Sentiment: Several outlets summarize the move as sentiment-driven rather than fundamental deterioration, but in the short term the mix of management uncertainty and downward target revisions is weighing on the share price. Why TTD Stock Is Plummeting

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. State Street Corp boosted its stake in Trade Desk by 271.1% during the third quarter. State Street Corp now owns 36,354,274 shares of the technology company’s stock valued at $1,781,723,000 after buying an additional 26,559,005 shares during the period. Vanguard Group Inc. boosted its position in shares of Trade Desk by 27.7% during the 3rd quarter. Vanguard Group Inc. now owns 56,875,852 shares of the technology company’s stock valued at $2,787,486,000 after acquiring an additional 12,321,000 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Trade Desk by 52.1% during the second quarter. Geode Capital Management LLC now owns 12,314,817 shares of the technology company’s stock worth $884,860,000 after purchasing an additional 4,218,975 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Trade Desk by 101.0% during the third quarter. Invesco Ltd. now owns 6,807,971 shares of the technology company’s stock worth $333,659,000 after purchasing an additional 3,421,074 shares in the last quarter. Finally, Norges Bank bought a new position in shares of Trade Desk in the second quarter worth approximately $197,362,000. Institutional investors own 67.77% of the company’s stock.

Trade Desk Stock Down 1.0%

NASDAQ TTD opened at $31.87 on Monday. The company has a market cap of $15.41 billion, a PE ratio of 36.63, a price-to-earnings-growth ratio of 1.26 and a beta of 1.11. Trade Desk has a 52 week low of $31.83 and a 52 week high of $125.80. The firm’s 50-day simple moving average is $37.58 and its two-hundred day simple moving average is $50.07.

Trade Desk (NASDAQ:TTD) last posted its quarterly earnings results on Thursday, November 6th. The technology company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.01. The company had revenue of $739.43 million for the quarter, compared to analyst estimates of $719.11 million. Trade Desk had a net margin of 15.72% and a return on equity of 16.00%. The company’s quarterly revenue was up 17.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.41 earnings per share. As a group, equities research analysts anticipate that Trade Desk will post 1.06 EPS for the current year.

Trade Desk announced that its board has initiated a stock buyback program on Thursday, November 6th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the technology company to repurchase up to 2.1% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

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.