Trade Desk (NASDAQ:TTD) Receives Hold Rating from Cfra

Cfra reiterated their hold rating on shares of Trade Desk (NASDAQ:TTD) in a research report sent to investors on Tuesday morning,Benzinga reports. The firm currently has a $40.00 price objective on the technology company’s stock.

Several other research analysts also recently commented on TTD. Evercore ISI reduced their price target on shares of Trade Desk from $80.00 to $70.00 and set an “outperform” rating on the stock in a research note on Friday, November 7th. UBS Group reiterated a “buy” rating and issued a $50.00 price target (down from $82.00) on shares of Trade Desk in a report on Tuesday, January 20th. Wedbush cut their price objective on shares of Trade Desk from $50.00 to $40.00 and set a “neutral” rating on the stock in a research report on Monday, December 8th. Stifel Nicolaus set a $74.00 target price on Trade Desk and gave the stock a “buy” rating in a research note on Friday. Finally, Citigroup cut their price target on shares of Trade Desk from $50.00 to $38.00 and set a “neutral” rating on the stock in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, eighteen have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Trade Desk presently has an average rating of “Hold” and a consensus price target of $65.53.

Trade Desk Price Performance

NASDAQ:TTD opened at $32.19 on Tuesday. The business has a fifty day moving average price of $37.75 and a 200-day moving average price of $50.20. 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. Trade Desk has a one year low of $31.83 and a one year high of $125.80.

Trade Desk (NASDAQ:TTD) last announced its quarterly earnings data on Thursday, November 6th. The technology company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.44 by $0.01. Trade Desk had a return on equity of 16.00% and a net margin of 15.72%.The business had revenue of $739.43 million for the quarter, compared to the consensus estimate of $719.11 million. During the same period in the previous year, the business earned $0.41 earnings per share. The business’s revenue was up 17.7% on a year-over-year basis. On average, equities research analysts expect 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 share buyback program on Thursday, November 6th that authorizes the company to buyback $500.00 million in outstanding 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 typically an indication that the company’s board believes its stock is undervalued.

Hedge Funds Weigh In On Trade Desk

Several institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of Trade Desk by 0.7% during the 2nd quarter. Vanguard Group Inc. now owns 44,554,852 shares of the technology company’s stock worth $3,207,504,000 after buying an additional 317,107 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its holdings in Trade Desk by 327.3% in the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 1,121,436 shares of the technology company’s stock valued at $80,732,000 after acquiring an additional 858,978 shares during the period. Panagora Asset Management Inc. lifted its position in Trade Desk by 22.9% during the second quarter. Panagora Asset Management Inc. now owns 996,787 shares of the technology company’s stock worth $71,759,000 after acquiring an additional 185,552 shares during the last quarter. Schroder Investment Management Group boosted its holdings in shares of Trade Desk by 56.8% during the second quarter. Schroder Investment Management Group now owns 895,150 shares of the technology company’s stock worth $64,442,000 after acquiring an additional 324,173 shares during the period. Finally, Pointe Capital Management LLC acquired a new position in shares of Trade Desk in the second quarter valued at approximately $8,246,000. 67.77% of the stock is currently owned by institutional investors and hedge funds.

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

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.