The Trade Desk (NASDAQ:TTD) Receives $33.91 Consensus Target Price from Analysts

Shares of The Trade Desk (NASDAQ:TTD) have earned an average recommendation of “Hold” from the thirty-eight research firms that are presently covering the firm, Marketbeat reports. Six equities research analysts have rated the stock with a sell recommendation, twenty have assigned a hold recommendation, eleven have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $33.5176.

TTD has been the topic of a number of research reports. KeyCorp cut Trade Desk from an “overweight” rating to a “sector weight” rating in a research note on Friday, May 8th. Guggenheim dropped their price objective on Trade Desk from $28.00 to $25.00 and set a “buy” rating for the company in a research note on Friday, May 8th. Morgan Stanley set a $26.00 price objective on Trade Desk in a report on Friday, May 8th. Jefferies Financial Group reissued a “hold” rating on shares of Trade Desk in a research note on Tuesday, March 17th. Finally, UBS Group set a $31.00 target price on Trade Desk and gave the company a “buy” rating in a report on Tuesday, April 21st.

Insider Activity at Trade Desk

In related news, Director Samantha Jacobson sold 53,681 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $21.14, for a total transaction of $1,134,816.34. Following the sale, the director directly owned 13,099 shares of the company’s stock, valued at $276,912.86. This represents a 80.38% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 11.41% of the company’s stock.

Hedge Funds Weigh In On Trade Desk

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Nicholas Company Inc. boosted its stake in shares of Trade Desk by 14.3% in the 4th quarter. Nicholas Company Inc. now owns 1,016,743 shares of the technology company’s stock valued at $38,596,000 after buying an additional 127,049 shares during the period. Jacobson & Schmitt Advisors LLC grew its position in shares of Trade Desk by 19.6% during the third quarter. Jacobson & Schmitt Advisors LLC now owns 289,574 shares of the technology company’s stock worth $14,192,000 after buying an additional 47,539 shares in the last quarter. Ashton Thomas Private Wealth LLC increased its stake in shares of Trade Desk by 272.9% during the fourth quarter. Ashton Thomas Private Wealth LLC now owns 68,607 shares of the technology company’s stock worth $2,604,000 after buying an additional 50,209 shares during the period. Jericho Capital Asset Management L.P. increased its stake in shares of Trade Desk by 86.3% during the third quarter. Jericho Capital Asset Management L.P. now owns 4,067,000 shares of the technology company’s stock worth $199,324,000 after buying an additional 1,884,000 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Trade Desk by 235.4% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 588,250 shares of the technology company’s stock valued at $22,330,000 after acquiring an additional 412,842 shares in the last quarter. Hedge funds and other institutional investors own 67.77% of the company’s stock.

More Trade Desk News

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

• Positive Sentiment: Trade Desk continues to build out commerce and travel media integrations, and it was recently added to multiple Russell value and growth benchmarks, which could support longer-term investor interest. Does Arete’s Downgrade on Competitive Pressures Change The Bull Case For Trade Desk (TTD)?
• Neutral Sentiment: Recent commentary from analysts on Trade Desk and Iridium did not include a major new company-specific catalyst, but it kept TTD in focus among communication services stocks. Analysts Offer Insights on Communication Services Companies: Trade Desk (TTD) and Iridium Communications (IRDM)
• Neutral Sentiment: The stock also drew attention after a recent selloff despite broader market gains, reflecting ongoing volatility rather than a fresh operating update. The Trade Desk (TTD) Stock Drops Despite Market Gains: Important Facts to Note
• Negative Sentiment: Arete Research downgraded The Trade Desk (TTD) from “hold” to “strong sell” and set a $11.60 price target, implying substantial downside and citing concerns about competition, market share loss, and a more capital-intensive business model. The Fly
• Negative Sentiment: Multiple reports highlighted that Trade Desk shares fell after the Arete downgrade, reinforcing the market’s concern that the analyst sees meaningful downside ahead. Trade Desk shares decline after Arete cuts rating to Sell (TTD)

Trade Desk Price Performance

NASDAQ TTD opened at $19.15 on Thursday. The stock has a market capitalization of $9.00 billion, a P/E ratio of 21.76, a PEG ratio of 0.88 and a beta of 1.05. The firm’s 50-day moving average is $20.93 and its two-hundred day moving average is $26.31. Trade Desk has a 12 month low of $16.98 and a 12 month high of $91.45.

Trade Desk (NASDAQ:TTD) last announced its quarterly earnings results on Thursday, May 7th. The technology company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.24). The company had revenue of $688.86 million for the quarter, compared to analyst estimates of $678.87 million. Trade Desk had a net margin of 14.57% and a return on equity of 16.91%. Trade Desk’s revenue was up 11.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.33 earnings per share. As a group, analysts anticipate that Trade Desk will post 1.17 EPS for the current year.

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.