Truist Financial Cuts Trade Desk (NASDAQ:TTD) Price Target to $50.00

Trade Desk (NASDAQ:TTD) had its target price cut by Truist Financial from $60.00 to $50.00 in a report published on Thursday morning,Benzinga reports. They currently have a buy rating on the technology company’s stock.

Other analysts have also recently issued research reports about the company. New Street Research cut Trade Desk from a “neutral” rating to a “sell” rating and set a $17.00 target price on the stock. in a report on Thursday. Wall Street Zen raised shares of Trade Desk from a “sell” rating to a “hold” rating in a report on Saturday, November 1st. Citizens Jmp downgraded shares of Trade Desk from an “outperform” rating to a “market perform” rating in a research note on Friday, January 23rd. Weiss Ratings cut shares of Trade Desk from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, January 27th. Finally, Wells Fargo & Company set a $42.00 price target on shares of Trade Desk and gave the company an “equal weight” rating in a report on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued 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, Trade Desk presently has a consensus rating of “Hold” and an average price target of $44.70.

Trade Desk Trading Down 0.5%

NASDAQ TTD opened at $23.82 on Thursday. Trade Desk has a 1-year low of $21.08 and a 1-year high of $91.45. The company has a 50 day moving average of $32.27 and a 200-day moving average of $41.81. The firm has a market cap of $11.52 billion, a price-to-earnings ratio of 26.47, a PEG ratio of 0.93 and a beta of 1.10.

Trade Desk (NASDAQ:TTD) last announced its earnings results on Wednesday, February 25th. The technology company reported $0.59 EPS for the quarter, hitting the consensus estimate of $0.59. Trade Desk had a return on equity of 16.60% and a net margin of 15.31%.The business had revenue of $846.79 million for the quarter, compared to the consensus estimate of $840.56 million. During the same period in the previous year, the business earned $0.59 EPS. Trade Desk’s revenue was up 14.3% compared to the same quarter last year. On average, analysts forecast that Trade Desk will post 1.06 earnings per share for the current year.

Trade Desk announced that its board has authorized a share buyback program on Thursday, November 6th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the technology company to purchase up to 2.1% of its shares through open market purchases. Shares buyback programs are usually 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 TTD. STF Management LP boosted its position in shares of Trade Desk by 2.1% in the 2nd quarter. STF Management LP now owns 6,627 shares of the technology company’s stock worth $477,000 after purchasing an additional 136 shares during the last quarter. Brighton Jones LLC increased its holdings in Trade Desk by 3.8% in 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 lifted its stake in Trade Desk by 0.7% in the second quarter. M&T Bank Corp now owns 27,607 shares of the technology company’s stock valued at $1,987,000 after buying an additional 194 shares during the period. Parkside Financial Bank & Trust boosted its holdings in Trade Desk by 52.2% during the second 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 grew its position in shares of Trade Desk by 5.4% during the 2nd quarter. AE Wealth Management LLC now owns 4,553 shares of the technology company’s stock worth $328,000 after buying an additional 235 shares during the period. 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: 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.