Rosenblatt Securities Cuts Trade Desk (NASDAQ:TTD) Price Target to $36.00

Trade Desk (NASDAQ:TTD) had its target price cut by Rosenblatt Securities from $53.00 to $36.00 in a research report report published on Thursday,Benzinga reports. They currently have a buy rating on the technology company’s stock.

TTD has been the subject of a number of other reports. KeyCorp reissued an “overweight” rating and issued a $40.00 price target (down from $88.00) on shares of Trade Desk in a research report on Tuesday, February 3rd. Evercore reiterated an “outperform” rating on shares of Trade Desk in a research report on Monday, February 23rd. Wedbush reissued a “neutral” rating and issued a $23.00 target price (down from $40.00) on shares of Trade Desk in a report on Tuesday. Wells Fargo & Company set a $42.00 price target on Trade Desk and gave the stock an “equal weight” rating in a research note on Monday, January 12th. Finally, BNP Paribas Exane began coverage on Trade Desk in a research report on Wednesday, January 14th. They set a “neutral” rating and a $40.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, sixteen have issued a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $44.70.

Trade Desk Stock Down 0.5%

Shares of Trade Desk stock opened at $23.82 on Thursday. Trade Desk has a 52 week low of $21.08 and a 52 week high of $91.45. The firm’s 50 day moving average is $32.27 and its two-hundred day moving average is $41.81. The firm has a market capitalization of $11.52 billion, a P/E ratio of 26.47, a P/E/G ratio of 0.93 and a beta of 1.10.

Trade Desk (NASDAQ:TTD) last issued its quarterly earnings data on Wednesday, February 25th. The technology company reported $0.59 earnings per share for the quarter, hitting the consensus estimate of $0.59. The business 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%. The company’s revenue was up 14.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.59 EPS. As a group, research analysts expect that Trade Desk will post 1.06 earnings per share for the current fiscal year.

Trade Desk declared that its board has initiated a share buyback program on Thursday, November 6th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the technology company to buy up to 2.1% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

Institutional Trading of Trade Desk

A number of hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its holdings in shares of Trade Desk by 0.7% during the 2nd quarter. Vanguard Group Inc. now owns 44,554,852 shares of the technology company’s stock worth $3,207,504,000 after purchasing an additional 317,107 shares during the period. Nomura Asset Management Co. Ltd. lifted its position in Trade Desk by 327.3% during the second quarter. Nomura Asset Management Co. Ltd. now owns 1,121,436 shares of the technology company’s stock valued at $80,732,000 after buying an additional 858,978 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in Trade Desk by 62.3% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 173,743 shares of the technology company’s stock worth $8,515,000 after buying an additional 66,672 shares during the period. Jacobson & Schmitt Advisors LLC increased its position in shares of Trade Desk by 19.6% in the third quarter. Jacobson & Schmitt Advisors LLC now owns 289,574 shares of the technology company’s stock worth $14,192,000 after acquiring an additional 47,539 shares in the last quarter. Finally, Panagora Asset Management Inc. raised its stake in shares of Trade Desk by 22.9% in the 2nd quarter. Panagora Asset Management Inc. now owns 996,787 shares of the technology company’s stock valued at $71,759,000 after acquiring an additional 185,552 shares during the period. 67.77% of the stock is owned by institutional investors and hedge funds.

Key Stories 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

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.