Trade Desk (NASDAQ:TTD) Price Target Lowered to $53.00 at Rosenblatt Securities

Trade Desk (NASDAQ:TTD) had its target price decreased by Rosenblatt Securities from $64.00 to $53.00 in a research report sent to investors on Tuesday, MarketBeat Ratings reports. Rosenblatt Securities currently has a buy rating on the technology company’s stock.

Other equities analysts also recently issued research reports about the company. Evercore ISI dropped their target price on Trade Desk from $80.00 to $70.00 and set an “outperform” rating on the stock in a report on Friday, November 7th. UBS Group reissued a “buy” rating and set a $50.00 target price (down from $82.00) on shares of Trade Desk in a research report on Tuesday, January 20th. BNP Paribas Exane assumed coverage on Trade Desk in a report on Wednesday, January 14th. They set a “neutral” rating and a $40.00 price target on the stock. Citigroup downgraded Trade Desk from an “outperform” rating to a “market perform” rating in a research report on Friday. Finally, Guggenheim reissued a “buy” rating and issued a $50.00 price objective (down from $55.00) on shares of Trade Desk in a research report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, eighteen have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $65.53.

Trade Desk Stock Down 4.8%

NASDAQ:TTD opened at $32.19 on Tuesday. Trade Desk has a 1-year low of $31.83 and a 1-year high of $125.80. The firm has a market capitalization of $15.57 billion, a price-to-earnings ratio of 37.00, a price-to-earnings-growth ratio of 1.33 and a beta of 1.11. The stock has a fifty day simple moving average of $37.75 and a 200 day simple moving average of $50.20.

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

Trade Desk declared that its board has approved a stock buyback program on Thursday, November 6th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the technology company to reacquire up to 2.1% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board of directors believes its shares are undervalued.

Institutional Investors Weigh In On Trade Desk

A number of hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in shares of Trade Desk by 27.7% during the third quarter. Vanguard Group Inc. now owns 56,875,852 shares of the technology company’s stock worth $2,787,486,000 after buying an additional 12,321,000 shares in the last quarter. State Street Corp increased its stake in shares of Trade Desk by 271.1% in the 3rd quarter. State Street Corp now owns 36,354,274 shares of the technology company’s stock valued at $1,781,723,000 after buying an additional 26,559,005 shares during the period. Jennison Associates LLC increased its position in Trade Desk by 17.9% in the second quarter. Jennison Associates LLC now owns 14,267,457 shares of the technology company’s stock worth $1,027,114,000 after purchasing an additional 2,169,252 shares during the period. Geode Capital Management LLC grew its position in shares of Trade Desk by 52.1% during the 2nd quarter. Geode Capital Management LLC now owns 12,314,817 shares of the technology company’s stock worth $884,860,000 after buying an additional 4,218,975 shares during the period. Finally, Brown Advisory Inc. grew its holdings in Trade Desk by 2.7% during the 2nd quarter. Brown Advisory Inc. now owns 8,323,522 shares of the technology company’s stock worth $599,212,000 after acquiring an additional 221,228 shares during the period. Institutional investors and hedge funds 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: Rosenblatt kept a “buy” rating despite cutting its price target (from $64 to $53), signaling some analysts still see material upside. Rosenblatt PT cut
• Positive Sentiment: CFRA reaffirmed a “hold” and set a $40 price target, implying upside from current levels and suggesting some analysts see the pullback as an opportunity. CFRA rating
• Neutral Sentiment: The company named longtime Chief Accounting Officer Tahnil Davis as interim CFO, which provides continuity because she’s been at The Trade Desk nearly 11 years. This should limit disruption but doesn’t remove uncertainty about a permanent hire. Interim CFO announcement
• Neutral Sentiment: The company updated Q4 FY2025 guidance with revenue roughly in line with consensus (~$840M vs ~$841.4M), implying no major near-term fundamental shock from operations. (Company update)
• Negative Sentiment: Sudden resignation of CFO Alex Kayyal triggered analyst downgrades and selling pressure; coverage notes this is the second CFO transition in under six months and heightened governance/leadership concerns. Fool: CFO exit
• Negative Sentiment: Citigroup cut its price target from $50 to $38 and moved to “neutral,” joining other firms that trimmed targets/ratings — analyst cuts amplify downside in the short term. Citigroup PT cut
• Negative Sentiment: Market reaction: shares hit a new 52-week low on heightened volume as sentiment-driven selling overwhelmed fundamentals on the news. 52-week low

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.