Citigroup Issues Pessimistic Forecast for Trade Desk (NASDAQ:TTD) Stock Price

Trade Desk (NASDAQ:TTD) had its price target decreased by equities research analysts at Citigroup from $50.00 to $38.00 in a research note issued on Tuesday,Benzinga reports. The brokerage presently has a “neutral” rating on the technology company’s stock. Citigroup’s price objective points to a potential upside of 19.23% from the stock’s current price.

TTD has been the topic of a number of other reports. Wells Fargo & Company set a $42.00 price objective on Trade Desk and gave the company an “equal weight” rating in a research note on Monday, January 12th. DA Davidson decreased their price target on Trade Desk from $80.00 to $54.00 and set a “buy” rating on the stock in a research report on Monday, November 10th. Weiss Ratings reissued a “hold (c-)” rating on shares of Trade Desk in a report on Monday, December 29th. Evercore ISI reduced their price objective on shares of Trade Desk from $80.00 to $70.00 and set an “outperform” rating for the company in a research note on Friday, November 7th. Finally, Needham & Company LLC lowered their target price on shares of Trade Desk from $84.00 to $60.00 and set a “buy” rating on the stock in a research note on Friday, November 7th. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, eighteen have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, Trade Desk currently has a consensus rating of “Hold” and an average price target of $65.53.

Trade Desk Stock Down 1.0%

NASDAQ TTD opened at $31.87 on Tuesday. 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 of Directors has initiated a stock repurchase plan on Thursday, November 6th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the technology company to repurchase up to 2.1% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s board of directors believes its stock is undervalued.

Institutional Trading of Trade Desk

Several institutional investors and hedge funds have recently made changes to their positions in the stock. OVERSEA CHINESE BANKING Corp Ltd purchased a new position in Trade Desk in the fourth quarter worth $278,000. GraniteShares Advisors LLC boosted its holdings in shares of Trade Desk by 27.0% in the 4th quarter. GraniteShares Advisors LLC now owns 13,121 shares of the technology company’s stock worth $498,000 after purchasing an additional 2,786 shares in the last quarter. Warm Springs Advisors Inc. increased its position in shares of Trade Desk by 23.4% during the 4th quarter. Warm Springs Advisors Inc. now owns 52,800 shares of the technology company’s stock valued at $2,004,000 after purchasing an additional 10,000 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Trade Desk by 235.4% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 588,250 shares of the technology company’s stock valued at $22,330,000 after buying an additional 412,842 shares in the last quarter. Finally, Bayforest Capital Ltd purchased a new position in shares of Trade Desk during the 4th quarter valued at about $35,000. Hedge funds and other institutional investors own 67.77% of the company’s stock.

Key Stories Impacting Trade Desk

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

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.