Trade Desk (NASDAQ:TTD) Coverage Initiated at BNP Paribas Exane

Stock analysts at BNP Paribas Exane began coverage on shares of Trade Desk (NASDAQ:TTD) in a research note issued on Wednesday, MarketBeat Ratings reports. The firm set a “neutral” rating and a $40.00 price target on the technology company’s stock. BNP Paribas Exane’s price target would suggest a potential upside of 10.41% from the company’s current price.

Other analysts also recently issued reports about the company. Evercore ISI dropped their price objective on Trade Desk from $80.00 to $70.00 and set an “outperform” rating for the company in a research report on Friday, November 7th. BNP Paribas started coverage on Trade Desk in a research note on Wednesday. They set a “neutral” rating and a $40.00 target price for the company. Benchmark upgraded shares of Trade Desk from a “hold” rating to a “buy” rating and set a $65.00 price target on the stock in a research note on Friday, November 7th. Wall Street Zen upgraded shares of Trade Desk from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. Finally, Zacks Research raised shares of Trade Desk from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 11th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, fifteen have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $67.62.

Trade Desk Trading Down 2.4%

NASDAQ TTD opened at $36.23 on Wednesday. The firm’s 50 day simple moving average is $38.95 and its 200 day simple moving average is $52.72. The firm has a market capitalization of $17.52 billion, a price-to-earnings ratio of 41.64, a P/E/G ratio of 1.46 and a beta of 1.11. Trade Desk has a 1 year low of $35.65 and a 1 year high of $126.20.

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

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

Hedge Funds Weigh In On Trade Desk

Large investors have recently modified their holdings of the business. Family Legacy Financial Solutions LLC grew its stake in shares of Trade Desk by 163.2% in the third quarter. Family Legacy Financial Solutions LLC now owns 500 shares of the technology company’s stock worth $25,000 after purchasing an additional 310 shares during the last quarter. Sound Income Strategies LLC raised its position in Trade Desk by 317.6% during the 2nd quarter. Sound Income Strategies LLC now owns 355 shares of the technology company’s stock worth $26,000 after purchasing an additional 270 shares during the last quarter. Versant Capital Management Inc lifted its holdings in Trade Desk by 175.8% during the 3rd quarter. Versant Capital Management Inc now owns 524 shares of the technology company’s stock worth $26,000 after buying an additional 334 shares during the period. Root Financial Partners LLC bought a new stake in shares of Trade Desk in the 3rd quarter valued at about $26,000. Finally, Elevation Wealth Partners LLC increased its stake in shares of Trade Desk by 2,382.8% in the fourth quarter. Elevation Wealth Partners LLC now owns 720 shares of the technology company’s stock valued at $27,000 after buying an additional 691 shares during the period. Institutional investors own 67.77% of the company’s stock.

Key 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

Trade Desk Company Profile

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.