Trade Desk (NASDAQ:TTD) Downgraded to Hold Rating by Cfra Research

Cfra Research cut shares of Trade Desk (NASDAQ:TTD) from a moderate buy rating to a hold rating in a research note released on Tuesday morning,Zacks.com reports.

A number of other research firms have also recently weighed in on TTD. Benchmark raised shares of Trade Desk from a “hold” rating to a “buy” rating and set a $65.00 target price on the stock in a research note on Friday, November 7th. Wolfe Research reiterated an “outperform” rating and issued a $45.00 price objective (down from $60.00) on shares of Trade Desk in a research note on Monday, January 5th. Truist Financial set a $60.00 target price on Trade Desk and gave the stock a “buy” rating in a report on Monday. Susquehanna decreased their price target on Trade Desk from $135.00 to $85.00 and set a “positive” rating on the stock in a research note on Friday, November 7th. Finally, Cantor Fitzgerald set a $43.00 price objective on Trade Desk and gave the stock a “neutral” rating in a research note on Thursday, January 8th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, nineteen have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Trade Desk presently has an average rating of “Hold” and an average target price of $65.53.

Trade Desk Stock Up 0.2%

Shares of TTD stock traded up $0.07 during mid-day trading on Tuesday, reaching $32.26. The stock had a trading volume of 3,076,890 shares, compared to its average volume of 11,527,878. Trade Desk has a one year low of $31.83 and a one year high of $125.80. The firm has a market cap of $15.60 billion, a PE ratio of 37.14, a P/E/G ratio of 1.33 and a beta of 1.11. The firm’s 50 day simple moving average is $37.75 and its 200 day simple moving average is $50.20.

Trade Desk (NASDAQ:TTD) last issued its earnings results on Thursday, November 6th. The technology company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.44 by $0.01. The firm had revenue of $739.43 million during the quarter, compared to analysts’ expectations of $719.11 million. Trade Desk had a return on equity of 16.00% and a net margin of 15.72%.Trade Desk’s quarterly revenue was up 17.7% compared to the same quarter last year. During the same period last year, the business earned $0.41 earnings per share. Sell-side analysts forecast that Trade Desk will post 1.06 earnings per share for the current fiscal year.

Trade Desk announced that its board has approved a share repurchase program on Thursday, November 6th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the technology company to reacquire up to 2.1% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board believes its shares are undervalued.

Hedge Funds Weigh In On Trade Desk

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Cornerstone Wealth Group LLC lifted its holdings in shares of Trade Desk by 2.8% during the second quarter. Cornerstone Wealth Group LLC now owns 4,457 shares of the technology company’s stock valued at $321,000 after purchasing an additional 122 shares during the last quarter. STF Management LP increased its position in 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 buying an additional 136 shares in the last quarter. Mutual Advisors LLC increased its position in Trade Desk by 3.5% during the 2nd quarter. Mutual Advisors LLC now owns 4,239 shares of the technology company’s stock valued at $305,000 after buying an additional 142 shares in the last quarter. HighMark Wealth Management LLC raised its stake in Trade Desk by 46.2% during the second quarter. HighMark Wealth Management LLC now owns 478 shares of the technology company’s stock valued at $34,000 after buying an additional 151 shares during the last quarter. Finally, Brighton Jones LLC boosted 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 worth $539,000 after acquiring an additional 169 shares in the last quarter. 67.77% of the stock is owned by institutional investors.

Trade Desk News Roundup

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

• Positive Sentiment: Rosenblatt maintained a buy rating and lowered its price target to $53, signaling continued confidence that the stock can recover despite recent turmoil. The Trade Desk PT Lowered to $53 at Rosenblatt
• Positive Sentiment: Stifel (Mark Kelley) kept a Buy rating on TTD while trimming its target from $90 to $74, indicating upside potential remains from a longer-term growth view. Optimism for Trade Desk Following Solid Results Preview
• Neutral Sentiment: Trade Desk named longtime finance executive Tahnil Davis as interim CFO to stabilize the finance function; this reduces operational uncertainty but leaves the leadership question open. Trade Desk appoints Tahnil Davis as interim CFO
• Neutral Sentiment: The company issued Q4 revenue guidance of ~$840M vs. consensus ~$841.4M — a small miss that likely reinforced short-term caution but is not a large fundamental deviation. The Trade Desk Stock Falls Amid Market Uptick
• Negative Sentiment: A sudden resignation of CFO Alex Kayyal triggered sharp selling and sent shares to a 52-week low, amplifying investor concern about management stability. Trade Desk Stock Hits a New 52-Week Low after CFO Resigns
• Negative Sentiment: Multiple banks cut ratings or trimmed targets (CFRA moved TTD from Moderate Buy to Hold; Citi cut its target to $38 and labeled it Neutral), increasing selling pressure and signaling more guarded analyst sentiment. CFRA Downgrade Coverage
• Negative Sentiment: Coverage pieces and market commentary highlight the management shake-up as the proximate cause of the stock plunge, pressuring sentiment for high-multiple ad-tech names. Why The Trade Desk Stock Is Plummeting Today

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.