The Trade Desk (NASDAQ:TTD) Given Average Rating of “Hold” by Brokerages

Shares of The Trade Desk (NASDAQ:TTD) have earned a consensus rating of “Hold” from the thirty-eight research firms that are presently covering the company, Marketbeat.com reports. Five analysts have rated the stock with a sell rating, twenty-one have assigned a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $33.9118.

Several research firms have recently issued reports on TTD. Oppenheimer downgraded Trade Desk from an “outperform” rating to a “market perform” rating in a research note on Friday, May 8th. DA Davidson set a $29.00 target price on shares of Trade Desk and gave the company a “buy” rating in a report on Monday, May 11th. Piper Sandler restated a “neutral” rating and set a $24.00 target price on shares of Trade Desk in a report on Friday, May 8th. Stifel Nicolaus set a $21.00 target price on shares of Trade Desk in a report on Friday, May 8th. Finally, Weiss Ratings downgraded shares of Trade Desk from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, May 8th.

Key Trade Desk News

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

• Negative Sentiment: Rothschild & Co Redburn initiated coverage on The Trade Desk with a sell rating and an $11 price target, implying significant downside from recent trading levels. Benzinga
• Negative Sentiment: Multiple articles highlighted The Trade Desk’s decline from being a $69 billion digital-ad leader, reinforcing investor concerns that growth is slowing and the market is resetting expectations. The Trade Desk’s Fall From $69 Billion Digital-Ad Darling
• Negative Sentiment: A separate report said TTD faces a “new reality” and cited an analyst warning of as much as 50% downside risk, adding to bearish sentiment around the stock. TTD stock faces ‘new reality’ as analyst warns of 50% downside risk
• Neutral Sentiment: The company also announced board compensation changes for new non-employee director Samanth, but this appears to be a routine governance update with limited immediate impact on the stock. Trade Desk Aligns Compensation for New Non-Employee Director

Insider Activity

In related news, Director Kathryn E. Falberg sold 102,828 shares of Trade Desk stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $30.45, for a total transaction of $3,131,112.60. Following the completion of the transaction, the director directly owned 1,946 shares in the company, valued at $59,255.70. The trade was a 98.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 11.41% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Brighton Jones LLC raised its position in shares of Trade Desk by 3.8% during the 4th quarter. Brighton Jones LLC now owns 4,586 shares of the technology company’s stock worth $539,000 after purchasing an additional 169 shares during the last quarter. Howard Capital Management Inc. raised its position in shares of Trade Desk by 2.3% during the 4th quarter. Howard Capital Management Inc. now owns 12,150 shares of the technology company’s stock worth $461,000 after purchasing an additional 275 shares during the last quarter. Insigneo Advisory Services LLC raised its position in shares of Trade Desk by 3.6% during the 3rd quarter. Insigneo Advisory Services LLC now owns 8,632 shares of the technology company’s stock worth $423,000 after purchasing an additional 298 shares during the last quarter. Tema Etfs LLC raised its position in shares of Trade Desk by 4.1% during the 4th quarter. Tema Etfs LLC now owns 7,600 shares of the technology company’s stock worth $288,000 after purchasing an additional 302 shares during the last quarter. Finally, Visionary Wealth Advisors raised its position in shares of Trade Desk by 3.3% during the 2nd quarter. Visionary Wealth Advisors now owns 10,119 shares of the technology company’s stock worth $728,000 after purchasing an additional 327 shares during the last quarter. 67.77% of the stock is currently owned by institutional investors and hedge funds.

Trade Desk Price Performance

NASDAQ TTD opened at $21.56 on Friday. The business has a 50 day moving average price of $22.25 and a 200 day moving average price of $29.77. The company has a market capitalization of $10.14 billion, a P/E ratio of 24.50, a PEG ratio of 1.04 and a beta of 1.10. Trade Desk has a 1-year low of $19.74 and a 1-year high of $91.45.

Trade Desk (NASDAQ:TTD) last posted its earnings results on Thursday, May 7th. The technology company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.24). The firm had revenue of $688.86 million for the quarter, compared to analysts’ expectations of $678.87 million. Trade Desk had a return on equity of 16.91% and a net margin of 14.57%.The firm’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.33 earnings per share. On average, research analysts expect that Trade Desk will post 1.17 earnings per share for the current fiscal year.

Trade Desk declared that its Board of Directors has initiated a stock buyback program on Wednesday, February 25th that authorizes the company to buyback $350.00 million in shares. This buyback authorization authorizes the technology company to purchase up to 2.9% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board of directors believes its stock is undervalued.

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.