Needham & Company LLC Issues Pessimistic Forecast for Trade Desk (NASDAQ:TTD) Stock Price

Trade Desk (NASDAQ:TTD) had its price objective decreased by Needham & Company LLC from $60.00 to $32.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the technology company’s stock. Needham & Company LLC’s target price points to a potential upside of 27.19% from the company’s previous close.

A number of other equities research analysts have also recently issued reports on the stock. New Street Research cut shares of Trade Desk from a “neutral” rating to a “sell” rating and set a $17.00 target price on the stock. in a report on Thursday. KeyCorp reiterated an “overweight” rating and set a $40.00 price objective (down from $88.00) on shares of Trade Desk in a research note on Tuesday, February 3rd. Citigroup reduced their target price on Trade Desk from $50.00 to $38.00 and set a “neutral” rating for the company in a report on Tuesday, January 27th. Cantor Fitzgerald set a $43.00 price target on shares of Trade Desk and gave the stock a “neutral” rating in a report on Thursday, January 8th. Finally, Guggenheim reaffirmed a “buy” rating and set a $50.00 price objective (down from $55.00) on shares of Trade Desk in a research note on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, sixteen have issued a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $53.79.

Trade Desk Stock Up 0.9%

NASDAQ TTD opened at $25.16 on Thursday. The company has a market cap of $12.17 billion, a PE ratio of 28.92, a price-to-earnings-growth ratio of 0.98 and a beta of 1.10. Trade Desk has a 52 week low of $23.78 and a 52 week high of $91.45. The firm’s 50-day simple moving average is $32.81 and its two-hundred day simple moving average is $42.22.

Trade Desk (NASDAQ:TTD) last posted its earnings results on Wednesday, February 25th. The technology company reported $0.59 earnings per share for the quarter, hitting the consensus estimate of $0.59. The firm had revenue of $846.79 million during the quarter, compared to the consensus estimate of $840.56 million. Trade Desk had a net margin of 15.72% and a return on equity of 16.00%. The company’s revenue was up 14.3% on a year-over-year basis. During the same quarter last year, the company earned $0.59 earnings per share. As a group, equities research analysts anticipate that Trade Desk will post 1.06 EPS for the current year.

Trade Desk announced that its Board of Directors has authorized a share repurchase plan on Thursday, November 6th that authorizes the company to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the technology company to repurchase up to 2.1% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

Institutional Trading of Trade Desk

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Transce3nd LLC purchased a new position in Trade Desk in the second quarter worth $28,000. Twin Peaks Wealth Advisors LLC bought a new stake in Trade Desk during the second quarter worth about $28,000. Estabrook Capital Management purchased a new position in shares of Trade Desk in the 2nd quarter worth about $36,000. Family Legacy Financial Solutions LLC boosted its holdings in shares of Trade Desk by 163.2% in 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 in the last quarter. Finally, Versant Capital Management Inc increased its position in shares of 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 purchasing an additional 334 shares during the last quarter. Hedge funds and other institutional investors own 67.77% of the company’s stock.

Trade Desk News Summary

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

• Positive Sentiment: Board authorizes $350 million share repurchase program — management approved buybacks representing ~2.9% of shares, which can support the stock and signal management thinks shares are undervalued. RTT News: Stock Buybacks
• Positive Sentiment: Launched Ventura Ecosystem to deepen CTV partnerships — the initiative aims to improve transparency and CPMs for programmatic streaming, supporting longer-term CTV monetization growth. The Trade Desk Introduces the Ventura Ecosystem (Yahoo Finance)
• Neutral Sentiment: Q4 results: revenue slightly beat, EPS in line — revenue was $846.8M (up 14.3% YoY), beating Street estimates; non‑GAAP EPS matched consensus at $0.59, so the quarter itself was not a shock. The Trade Desk Reports Fourth Quarter and Fiscal Year 2025 Financial Results
• Neutral Sentiment: Call materials and transcript available for detail — investors can review management’s commentary and slide deck for color on client trends and margin guidance. Q4 Results — Earnings Call Presentation (Seeking Alpha)
• Negative Sentiment: Soft Q1 guidance spooked investors — management guided Q1 revenue to about $678M, below consensus (~$687M), raising worries that the high‑teen growth trajectory isn’t being sustained. That miss is the main reason shares moved downward. The Trade Desk Tops Q4 Estimates but Tumbles as Weak Q1 Guidance Spooks Investors (24/7 Wall St.)
• Negative Sentiment: Growth concerns and client pressure — analysts and press flagged slowing spend among automotive and packaged‑goods clients and intensified competition from closed ecosystems; some firms have trimmed targets or maintained neutral ratings as a result. Trade Desk’s stock slides as growth slowdown unnerves Wall Street (MarketWatch) The Trade Desk Faces Rising Competition (Proactive Investors)

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.