Bank of America Issues Pessimistic Forecast for Trade Desk (NASDAQ:TTD) Stock Price

Trade Desk (NASDAQ:TTD) had its price target reduced by Bank of America from $49.00 to $40.00 in a research note issued to investors on Tuesday,Benzinga reports. The firm presently has an “underperform” rating on the technology company’s stock. Bank of America‘s price target would suggest a potential upside of 13.22% from the stock’s previous close.

A number of other equities research analysts also recently commented on the company. Needham & Company LLC reduced their target price on Trade Desk from $84.00 to $60.00 and set a “buy” rating for the company in a report on Friday, November 7th. Wedbush reduced their price objective on shares of Trade Desk from $50.00 to $40.00 and set a “neutral” rating for the company in a research note on Monday, December 8th. Morgan Stanley decreased their price objective on shares of Trade Desk from $50.00 to $42.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 13th. UBS Group reaffirmed a “buy” rating and issued a $50.00 target price (down from $82.00) on shares of Trade Desk in a report on Tuesday. Finally, JMP Securities set a $60.00 price target on shares of Trade Desk and gave the company a “market outperform” rating in a research report on Tuesday, September 30th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, fifteen have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $68.24.

Trade Desk Stock Up 3.5%

Shares of NASDAQ:TTD opened at $35.33 on Tuesday. The company has a market cap of $17.09 billion, a P/E ratio of 40.61, a PEG ratio of 1.34 and a beta of 1.11. Trade Desk has a 52 week low of $34.00 and a 52 week high of $126.20. The company has a 50-day moving average price of $38.27 and a 200 day moving average price of $51.50.

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

Trade Desk announced that its board has initiated a share repurchase plan on Thursday, November 6th that authorizes the company to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the technology company to reacquire up to 2.1% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board believes its shares are undervalued.

Hedge Funds Weigh In On Trade Desk

A number of institutional investors have recently made changes to their positions in the stock. Oak Thistle LLC acquired a new stake in shares of Trade Desk during the fourth quarter valued at $365,000. Capital Advisors Ltd. LLC lifted its holdings in Trade Desk by 1,678.6% in the 4th quarter. Capital Advisors Ltd. LLC now owns 996 shares of the technology company’s stock valued at $38,000 after purchasing an additional 940 shares in the last quarter. Daytona Street Capital LLC purchased a new position in Trade Desk in the 4th quarter valued at about $133,000. Albion Financial Group UT acquired a new stake in shares of Trade Desk during the 4th quarter worth about $30,000. Finally, Aaron Wealth Advisors LLC grew its holdings in shares of Trade Desk by 11.8% during the fourth quarter. Aaron Wealth Advisors LLC now owns 11,219 shares of the technology company’s stock worth $426,000 after buying an additional 1,182 shares in the last quarter. 67.77% of the stock is owned by institutional investors and hedge funds.

More Trade Desk News

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

• Positive Sentiment: Strong Kokai adoption (85% default) is cited as materially improving CPA, reach and CTR and could boost both revenue growth and margins — a clear operational positive for monetization and gross margin outlook. Strong Kokai Adoption Fuels TTD’s Revenue Pipeline & Growth Prospects
• Positive Sentiment: Bullish research argues recent growth slowing is largely macro-driven and temporary; investor crowding out creates an attractive risk/reward if management can reaccelerate growth in 2026. The Trade Desk: The Death Of Its Growth Is Exaggerated
• Neutral Sentiment: TTD is a trending ticker with heightened retail/institutional attention; that can amplify moves in either direction until a clear catalyst emerges. The Trade Desk (TTD) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Analysts are divided on communication services names including TTD, signaling no consensus on near‑term prospects — expect continued analyst chatter and revisions. Analysts Have Conflicting Sentiments on These Communication Services Companies
• Neutral Sentiment: Coverage pieces note valuation and Kokai transition concerns after recent downgrades — useful context for investors assessing multiple upside/downside scenarios. A Look At Trade Desk (TTD) Valuation After Analyst Downgrades And Kokai Transition Concerns
• Negative Sentiment: Bank of America cut TTD’s price target to $40 from $49 and moved to an “underperform” view, applying fresh downward analyst pressure and making the stock more vulnerable to multiple contraction. Trade Desk price target lowered to $40 from $49 at BofA
• Negative Sentiment: Macro/tariff headlines spurred selloffs in growth tech, driving TTD to a new 52‑week low recently — a reminder that geopolitical and policy risks can trigger sectorwide pressure. The Trade Desk (TTD) Stock Hits New 52-Week Low As Tariff Fears Rattle Growth Tech

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.