Trade Desk (NASDAQ:TTD) Given New $44.00 Price Target at UBS Group

Trade Desk (NASDAQ:TTD) had its target price reduced by UBS Group from $50.00 to $44.00 in a research note issued to investors on Thursday morning,Benzinga reports. They currently have a buy rating on the technology company’s stock.

Several other research firms have also commented on TTD. Scotiabank reiterated a “sector perform” rating and set a $32.00 price objective (down from $60.00) on shares of Trade Desk in a research report on Thursday. Rosenblatt Securities lowered their price target on shares of Trade Desk from $53.00 to $36.00 and set a “buy” rating for the company in a report on Thursday. Cantor Fitzgerald reiterated a “neutral” rating and issued a $22.00 price target on shares of Trade Desk in a research report on Thursday. Wall Street Zen upgraded Trade Desk from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. Finally, Wells Fargo & Company lowered their price objective on Trade Desk from $42.00 to $25.00 and set an “equal weight” rating for the company in a research note on Thursday. One 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 given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $44.70.

Trade Desk Trading Down 4.8%

Shares of Trade Desk stock opened at $23.95 on Thursday. The firm has a market cap of $11.58 billion, a PE ratio of 26.61, a PEG ratio of 0.99 and a beta of 1.10. The stock has a 50 day moving average of $32.54 and a 200 day moving average of $42.09. Trade Desk has a 12 month low of $21.08 and a 12 month high of $91.45.

Trade Desk (NASDAQ:TTD) last issued its quarterly earnings data on Wednesday, February 25th. The technology company reported $0.59 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.59. The business had revenue of $846.79 million for the quarter, compared to analysts’ expectations of $840.56 million. Trade Desk had a return on equity of 16.60% and a net margin of 15.31%.The company’s revenue for the quarter was up 14.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.59 EPS. As a group, equities research analysts forecast that Trade Desk will post 1.06 earnings per share for the current fiscal year.

Trade Desk declared that its Board of Directors has approved a stock buyback plan on Thursday, November 6th that allows the company to repurchase $500.00 million in outstanding shares. This repurchase authorization allows the technology company to buy up to 2.1% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s leadership believes its stock is undervalued.

Institutional Trading of Trade Desk

A number of large investors have recently made changes to their positions in TTD. Vanguard Group Inc. boosted its stake in Trade Desk by 0.7% in the 2nd quarter. Vanguard Group Inc. now owns 44,554,852 shares of the technology company’s stock worth $3,207,504,000 after purchasing an additional 317,107 shares in the last quarter. Nomura Asset Management Co. Ltd. raised its holdings in shares of Trade Desk by 327.3% in the second quarter. Nomura Asset Management Co. Ltd. now owns 1,121,436 shares of the technology company’s stock worth $80,732,000 after buying an additional 858,978 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Trade Desk by 62.3% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 173,743 shares of the technology company’s stock worth $8,515,000 after buying an additional 66,672 shares during the period. Jacobson & Schmitt Advisors LLC grew its holdings 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 valued at $14,192,000 after buying an additional 47,539 shares during the last quarter. Finally, Panagora Asset Management Inc. grew its holdings in shares of Trade Desk by 22.9% during the second quarter. Panagora Asset Management Inc. now owns 996,787 shares of the technology company’s stock valued at $71,759,000 after buying an additional 185,552 shares during the last quarter. 67.77% of the stock is owned by hedge funds and other institutional investors.

Trade Desk News Summary

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

• Positive Sentiment: Board approved a $350 million share repurchase program (up to ~2.9% of shares), signaling management thinks shares are undervalued. RTT News
• Positive Sentiment: Q4 results: revenue of ~$847M (up ~14% YoY) and EPS roughly in line with consensus; audio and CTV remain growth vectors cited by management. Q4 Press Release
• Neutral Sentiment: Product/market development — Trade Desk rolled out the “Ventura Ecosystem” to bolster CTV transparency and monetization, which is strategically positive but will take time to materially move top-line results. Ventura Ecosystem
• Neutral Sentiment: Unusually large options activity: a spike in call option volume indicates elevated trader/speculator interest that can increase intraday volatility but doesn’t change fundamentals.
• Negative Sentiment: Softer Q1 guidance and trimmed profitability expectations (management warned adjusted EBITDA could be materially lower), which investors interpreted as a sign of near‑term slowing — this is the primary driver of the sharp share decline. Fool: Stock Drop Proactive: Soft Q1
• Negative Sentiment: Broad analyst re-rating today: multiple firms sharply lowered price targets and several downgraded the stock (examples: New Street to Sell $17, Loop to Hold $25; multiple banks cut PTs—BMO $55, Oppenheimer $35, Morgan Stanley $30, DA Davidson $32, etc.). The collective cuts amplify selling pressure. TipRanks: Analyst Cuts
• Negative Sentiment: Demand headwinds: commentary and coverage note pressure from automotive and consumer-packaged‑goods advertisers — these verticals are important ad spend buckets and weakness there weighs on near-term growth outlook. Seeking Alpha: CPG & Auto Headwinds

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.