Rosenblatt Securities Has Lowered Expectations for Trade Desk (NASDAQ:TTD) Stock Price

Trade Desk (NASDAQ:TTD) had its target price decreased by equities researchers at Rosenblatt Securities from $64.00 to $53.00 in a research report issued on Tuesday, Marketbeat.com reports. The brokerage currently has a “buy” rating on the technology company’s stock. Rosenblatt Securities’ price objective would indicate a potential upside of 66.30% from the company’s previous close.

A number of other research firms also recently weighed in on TTD. Jefferies Financial Group set a $40.00 target price on Trade Desk and gave the stock a “hold” rating in a research report on Thursday, December 11th. Wall Street Zen upgraded Trade Desk from a “sell” rating to a “hold” rating in a report on Saturday, November 1st. Evercore ISI decreased their target price on Trade Desk from $80.00 to $70.00 and set an “outperform” rating for the company in a research note on Friday, November 7th. Bank of America dropped their price target on shares of Trade Desk from $49.00 to $40.00 and set an “underperform” rating on the stock in a research report on Tuesday, January 20th. Finally, Exane BNP Paribas raised shares of Trade Desk to a “hold” rating in a report on Wednesday, January 14th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, eighteen have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $65.53.

Trade Desk Stock Down 1.0%

TTD stock opened at $31.87 on Tuesday. The company has a 50-day simple moving average of $37.58 and a 200 day simple moving average of $50.07. The company has a market capitalization of $15.41 billion, a P/E ratio of 36.63, a PEG ratio of 1.26 and a beta of 1.11. Trade Desk has a fifty-two week low of $31.83 and a fifty-two week high of $125.80.

Trade Desk (NASDAQ:TTD) last released its quarterly earnings results on Thursday, November 6th. The technology company reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.01. The company had revenue of $739.43 million for the quarter, compared to the consensus estimate of $719.11 million. Trade Desk had a net margin of 15.72% and a return on equity of 16.00%. Trade Desk’s revenue was up 17.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.41 EPS. Equities analysts anticipate that Trade Desk will post 1.06 EPS for the current year.

Trade Desk announced that its board has initiated a share buyback plan on Thursday, November 6th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the technology company to reacquire up to 2.1% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s board of directors believes its shares are undervalued.

Hedge Funds Weigh In On Trade Desk

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in shares of Trade Desk by 27.7% in the third quarter. Vanguard Group Inc. now owns 56,875,852 shares of the technology company’s stock worth $2,787,486,000 after buying an additional 12,321,000 shares during the period. State Street Corp lifted its stake in Trade Desk by 271.1% in the 3rd quarter. State Street Corp now owns 36,354,274 shares of the technology company’s stock worth $1,781,723,000 after acquiring an additional 26,559,005 shares in the last quarter. Jennison Associates LLC boosted its position in Trade Desk by 17.9% during the 2nd quarter. Jennison Associates LLC now owns 14,267,457 shares of the technology company’s stock worth $1,027,114,000 after acquiring an additional 2,169,252 shares during the period. Geode Capital Management LLC boosted its position in Trade Desk by 52.1% during the 2nd quarter. Geode Capital Management LLC now owns 12,314,817 shares of the technology company’s stock worth $884,860,000 after acquiring an additional 4,218,975 shares during the period. Finally, Brown Advisory Inc. grew its stake in Trade Desk by 2.7% during the 2nd quarter. Brown Advisory Inc. now owns 8,323,522 shares of the technology company’s stock valued at $599,212,000 after acquiring an additional 221,228 shares in the last quarter. 67.77% of the stock is currently owned by hedge funds and other institutional investors.

Trade Desk News Roundup

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.