Loop Capital Downgrades Trade Desk (NASDAQ:TTD) to Hold

Trade Desk (NASDAQ:TTD) was downgraded by equities research analysts at Loop Capital from a “buy” rating to a “hold” rating in a research report issued on Thursday, Marketbeat.com reports. They currently have a $25.00 price objective on the technology company’s stock, down from their prior price objective of $75.00. Loop Capital’s price objective indicates a potential upside of 4.95% from the company’s previous close.

A number of other equities research analysts have also weighed in on TTD. Truist Financial set a $60.00 price target on shares of Trade Desk and gave the company a “buy” rating in a report on Monday, January 26th. DA Davidson decreased their price objective on shares of Trade Desk from $80.00 to $54.00 and set a “buy” rating for the company in a research report on Monday, November 10th. BNP Paribas Exane began coverage on Trade Desk in a research note on Wednesday, January 14th. They set a “neutral” rating and a $40.00 target price for the company. Benchmark reaffirmed a “buy” rating and set a $40.00 target price (down from $65.00) on shares of Trade Desk in a research report on Monday. Finally, UBS Group reissued a “buy” rating and issued a $50.00 price target (down from $82.00) on shares of Trade Desk in a report on Tuesday, January 20th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, sixteen have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $44.70.

Trade Desk Stock Performance

Shares of NASDAQ:TTD opened at $23.82 on Thursday. The business’s 50-day simple moving average is $32.27 and its 200 day simple moving average is $41.89. The company has a market cap of $11.52 billion, a P/E ratio of 26.47, a PEG ratio of 0.94 and a beta of 1.10. Trade Desk has a one year low of $21.08 and a one year high of $91.45.

Trade Desk (NASDAQ:TTD) last issued its quarterly earnings data on Wednesday, February 25th. The technology company reported $0.59 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.59. The company had revenue of $846.79 million during the quarter, compared to the consensus estimate of $840.56 million. Trade Desk had a net margin of 15.31% and a return on equity of 16.60%. Trade Desk’s revenue for the quarter was up 14.3% on a year-over-year basis. During the same quarter last year, the company earned $0.59 earnings per share. Analysts predict that Trade Desk will post 1.06 earnings per share for the current year.

Trade Desk declared that its board has approved a share buyback program on Thursday, November 6th that permits the company to repurchase $500.00 million in 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 typically a sign that the company’s board believes its shares are undervalued.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. STF Management LP raised its position in shares of Trade Desk by 2.1% during the 2nd quarter. STF Management LP now owns 6,627 shares of the technology company’s stock valued at $477,000 after acquiring an additional 136 shares in the last quarter. Brighton Jones LLC increased its stake in Trade Desk by 3.8% during the fourth quarter. Brighton Jones LLC now owns 4,586 shares of the technology company’s stock valued at $539,000 after purchasing an additional 169 shares during the last quarter. M&T Bank Corp raised its holdings in shares of Trade Desk by 0.7% during the second quarter. M&T Bank Corp now owns 27,607 shares of the technology company’s stock worth $1,987,000 after purchasing an additional 194 shares during the period. Parkside Financial Bank & Trust lifted its position in shares of Trade Desk by 52.2% in the 2nd quarter. Parkside Financial Bank & Trust now owns 586 shares of the technology company’s stock worth $42,000 after buying an additional 201 shares during the last quarter. Finally, AE Wealth Management LLC boosted its holdings in shares of Trade Desk by 5.4% in the 2nd quarter. AE Wealth Management LLC now owns 4,553 shares of the technology company’s stock valued at $328,000 after buying an additional 235 shares during the period. Institutional investors own 67.77% of the company’s stock.

Key Headlines Impacting Trade Desk

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

• Positive Sentiment: Board authorized a $350 million share repurchase (about 2.9% of shares), signaling management thinks the stock is undervalued. MarketBeat Buyback Report
• Positive Sentiment: Q4 beat: revenue of ~$847M and EPS in line with consensus; core ad businesses (CTV/video) remain large and audio is cited as an emerging growth driver. Proactive Investors Q4 Coverage
• Positive Sentiment: Product roadmap/Kokai platform rollout noted as a potential catalyst that could restore growth and justify valuation after the pullback. Yahoo Valuation/Kokai Article
• Neutral Sentiment: Unusually large options volume — indicates elevated trading/speculation and hedging activity around the stock but not directional confirmation. American Banking News Options Note
• Negative Sentiment: Softer Q1 guidance: management guided Q1 revenue growth below Street expectations (roughly +10% vs. ~12% consensus) and flagged a ~500bps year‑over‑year margin headwind, which spooked investors. Yahoo: Jefferies Reaction & Guidance Note
• Negative Sentiment: Profitability outlook hit: management’s adjusted EBITDA guidance implies a material near‑term cut (one article notes adjusted EBITDA could be halved), increasing short‑term earnings uncertainty. Fool: EBITDA/Guidance Coverage
• Negative Sentiment: Broad analyst repricing: multiple firms cut price targets and ratings after the guidance (examples include Jefferies, Loop, New Street and others), reflecting increased skepticism about near‑term growth and competitive pressure. TipRanks: Analyst Reactions
• Negative Sentiment: Market share and secular worries: coverage highlights slowing growth, competition (notably Amazon), and investor reassessment of the “independent objective ad‑tech” thesis, pressuring multiples. Fool: Competitive/Thesis Coverage

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.