Trade Desk’s (TTD) “Underperform” Rating Reaffirmed at Wedbush

Wedbush reissued their underperform rating on shares of Trade Desk (NASDAQ:TTD) in a research note published on Friday, Marketbeat Ratings reports. Wedbush currently has a $23.00 target price on the technology company’s stock.

A number of other equities research analysts also recently commented on the company. Evercore reissued an “outperform” rating on shares of Trade Desk in a report on Monday, February 23rd. New Street Research downgraded shares of Trade Desk from a “neutral” rating to a “sell” rating and set a $17.00 price target for the company. in a report on Thursday, February 26th. Jefferies Financial Group set a $40.00 price objective on shares of Trade Desk and gave the company a “hold” rating in a research note on Thursday, December 11th. Benchmark reissued a “buy” rating and set a $40.00 price objective (down from $65.00) on shares of Trade Desk in a report on Monday, February 23rd. Finally, Piper Sandler restated a “neutral” rating and set a $28.00 target price (down from $50.00) on shares of Trade Desk in a research report on Monday, March 2nd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, fifteen have issued a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $43.45.

Trade Desk Trading Down 1.7%

NASDAQ TTD opened at $29.28 on Friday. The stock has a market capitalization of $14.16 billion, a price-to-earnings ratio of 32.53, a PEG ratio of 1.18 and a beta of 1.13. The business’s 50 day moving average is $31.16 and its two-hundred day moving average is $40.97. Trade Desk has a 12-month low of $21.08 and a 12-month high of $91.45.

Trade Desk (NASDAQ:TTD) last posted its quarterly earnings results on Wednesday, February 25th. The technology company reported $0.59 EPS for the quarter, meeting the consensus estimate of $0.59. Trade Desk had a return on equity of 16.89% and a net margin of 15.31%.The business had revenue of $846.79 million during the quarter, compared to analysts’ expectations of $840.56 million. During the same period last year, the firm earned $0.59 EPS. The company’s quarterly revenue was up 14.3% compared to the same quarter last year. Equities analysts forecast that Trade Desk will post 1.06 earnings per share for the current fiscal year.

Trade Desk announced that its Board of Directors has approved a share buyback plan on Wednesday, February 25th that allows the company to repurchase $350.00 million in outstanding shares. This repurchase authorization allows the technology company to repurchase up to 2.9% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s management believes its shares are undervalued.

Institutional Trading of Trade Desk

Several institutional investors and hedge funds have recently modified their holdings of TTD. Family Legacy Financial Solutions LLC raised its position in shares of Trade Desk by 163.2% during the 3rd quarter. Family Legacy Financial Solutions LLC now owns 500 shares of the technology company’s stock worth $25,000 after purchasing an additional 310 shares during the last quarter. Versant Capital Management Inc grew its holdings in Trade Desk by 175.8% during the 3rd quarter. Versant Capital Management Inc now owns 524 shares of the technology company’s stock valued at $26,000 after buying an additional 334 shares during the last quarter. Root Financial Partners LLC purchased a new position in Trade Desk during the third quarter worth $26,000. Elevation Wealth Partners LLC increased its position in Trade Desk by 2,382.8% during the fourth quarter. Elevation Wealth Partners LLC now owns 720 shares of the technology company’s stock worth $27,000 after buying an additional 691 shares in the last quarter. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in shares of Trade Desk in the second quarter worth $28,000. Hedge funds and other institutional investors own 67.77% of the company’s stock.

Trending Headlines about Trade Desk

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

• Positive Sentiment: OpenAI partnership reports pushed strong upside expectations for TTD, triggering an 18% rally as investors price in access to ChatGPT ad inventory and new AI-driven demand channels. The Trade Desk (TTD) Soars 18% on OpenAI Deal Buzz
• Positive Sentiment: CEO Jeff Green made a large insider purchase (~6M shares, reported ~$148M), which traders view as a confidence signal and helped amplify the rally. Trade Desk (TTD) Soars 20% after CEO’s Huge $148M Insider Purchase
• Positive Sentiment: The company launched the Ventura Ecosystem to unify CTV platforms and OS partners — a strategic move that could improve CTV monetization long term if adoption follows. The Trade Desk (TTD) Introduces Ventura Ecosystem for Connected TV Advertising
• Positive Sentiment: Some analysts remain constructive (Evercore reiterated Buy with a $35 target), arguing the OpenAI angle + insider buying and stretched sell-off leave upside. The Trade Desk: Buy Rated on OpenAI Ad Partnership Upside…
• Neutral Sentiment: Industry / sector rebound articles highlight TTD among software stocks that look attractive after the correction — supportive context but not an immediate catalyst. The Software Recovery Already Started: 5 Stocks to Buy Now
• Neutral Sentiment: Company presentation/transcript from the Morgan Stanley TMT conference is available; useful for modeling but no new financial guidance released in these materials. The Trade Desk, Inc. (TTD) Presents at Morgan Stanley…
• Negative Sentiment: Wedbush downgraded TTD to Underperform, saying the stock has rallied too far on OpenAI hype and that the partnership’s impact may be overstated; they set a $23 price target — a direct catalyst for selling pressure. Wedbush downgrades The Trade Desk, says OpenAI deal impact overestimated
• Negative Sentiment: Underlying fundamentals remain a concern: recent guidance misses and slowing revenue growth have forced a reset in growth/valuation expectations, which leaves the rally vulnerable to profit-taking and skeptical sell-side views. The Trade Desk Stock Dropped 5% on a Guidance Miss

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.