Trade Desk (NASDAQ:TTD) Given New $19.00 Price Target at Needham & Company LLC

Trade Desk (NASDAQ:TTD) had its target price reduced by analysts at Needham & Company LLC from $25.00 to $19.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the technology company’s stock. Needham & Company LLC’s price objective would suggest a potential upside of 44.86% from the company’s current price.

A number of other equities analysts also recently commented on the stock. William Blair downgraded shares of Trade Desk from an “outperform” rating to a “market perform” rating in a research note on Friday, May 8th. UBS Group reaffirmed a “buy” rating on shares of Trade Desk in a research note on Monday. Stifel Nicolaus set a $21.00 price target on Trade Desk in a report on Friday, May 8th. BMO Capital Markets downgraded Trade Desk from an “outperform” rating to a “market perform” rating and set a $15.00 price objective on the stock. in a report on Friday. Finally, Evercore lowered Trade Desk from an “outperform” rating to an “in-line” rating and set a $13.00 target price for the company. in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, twenty-seven have issued a Hold rating and seven have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $23.84.

Trade Desk Stock Performance

TTD stock opened at $13.12 on Friday. The company has a market capitalization of $6.17 billion, a PE ratio of 14.90, a price-to-earnings-growth ratio of 0.92 and a beta of 1.04. The company’s fifty day moving average price is $18.97 and its 200-day moving average price is $22.85. Trade Desk has a one year low of $12.55 and a one year high of $57.00.

Trade Desk (NASDAQ:TTD) last posted its earnings results on Thursday, August 6th. The technology company reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.16. The firm had revenue of $715.06 million during the quarter, compared to analyst estimates of $752.59 million. Trade Desk had a net margin of 14.57% and a return on equity of 16.91%. Trade Desk’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same period last year, the firm posted $0.41 earnings per share. On average, research analysts predict that Trade Desk will post 1.17 EPS for the current fiscal year.

Insider Activity at Trade Desk

In related news, Director Samantha Jacobson sold 53,681 shares of the stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $21.14, for a total value of $1,134,816.34. Following the completion of the transaction, the director directly owned 13,099 shares of the company’s stock, valued at $276,912.86. This trade represents a 80.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 11.41% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Root Financial Partners LLC lifted its stake in shares of Trade Desk by 219.4% during the first quarter. Root Financial Partners LLC now owns 1,319 shares of the technology company’s stock worth $30,000 after buying an additional 906 shares during the period. Bayforest Capital Ltd acquired a new position in shares of Trade Desk in the 4th quarter valued at $35,000. Ascentis Independent Advisors purchased a new position in Trade Desk in the 1st quarter worth $36,000. Binnacle Investments Inc purchased a new position in Trade Desk in the 3rd quarter worth $37,000. Finally, Quarry LP acquired a new stake in Trade Desk during the 4th quarter worth about $37,000. Institutional investors and hedge funds own 67.77% of the company’s stock.

Trade Desk News Roundup

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

• Positive Sentiment: Trade Desk reported adjusted earnings of $0.34 per share, above the $0.18 consensus estimate cited by several reports. Customer retention and major partnerships also remained areas of strength. Trade Desk Stock Slumps After Revenue Misses Forecasts
• Neutral Sentiment: Management attributed the slowdown to weak consumer spending, tariffs, oil prices and a more difficult operating environment for customers, while also acknowledging execution issues. CEO Jeff Green said advertisers are operating in a materially different environment. Trade Desk Blames Weak Consumer Spending, Tariffs and Oil Prices for Slowing Growth
• Negative Sentiment: Second-quarter revenue rose only 3% year over year to approximately $715 million, well below analysts’ estimates near $753 million. Profitability also weakened, with adjusted EBITDA declining to about $241 million and margins contracting. Trade Desk sinks on revenue miss, margin pressure
• Negative Sentiment: Third-quarter revenue guidance of approximately $650 million significantly missed expectations—reported as roughly 19% below consensus—and fueled fears of a potential post-IPO annual revenue decline. The weaker outlook overshadowed the earnings beat. The Trade Desk Reports Sales Below Analyst Estimates
• Negative Sentiment: Analysts responded with multiple downgrades: Evercore moved to “in-line” with a $13 target, while BMO and RBC shifted to market- or sector-perform ratings with $15 targets. Cantor cut its target to $14, and Rosenblatt reduced its target to $12, reinforcing concerns about slowing growth and valuation.

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.