Trade Desk (NASDAQ:TTD) Price Target Lowered to $36.00 at Rosenblatt Securities

Trade Desk (NASDAQ:TTD) had its price objective decreased by Rosenblatt Securities from $53.00 to $36.00 in a research note released on Thursday,Benzinga reports. Rosenblatt Securities currently has a buy rating on the technology company’s stock.

A number of other equities analysts have also recently issued reports on the stock. Needham & Company LLC decreased their price objective on shares of Trade Desk from $60.00 to $32.00 and set a “buy” rating on the stock in a research report on Thursday. Guggenheim reissued a “buy” rating and issued a $50.00 target price (down from $55.00) on shares of Trade Desk in a research note on Monday, January 5th. Cantor Fitzgerald set a $43.00 price target on Trade Desk and gave the company a “neutral” rating in a research report on Thursday, January 8th. Wolfe Research reiterated an “outperform” rating and issued a $45.00 price objective (down from $60.00) on shares of Trade Desk in a report on Monday, January 5th. Finally, Loop Capital lowered Trade Desk from a “buy” rating to a “hold” rating and cut their price objective for the stock from $75.00 to $25.00 in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, sixteen have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $44.70.

Trade Desk Stock Performance

Shares of TTD stock opened at $23.95 on Thursday. The company has a market capitalization of $11.58 billion, a P/E ratio of 26.61, a PEG ratio of 0.99 and a beta of 1.10. Trade Desk has a fifty-two week low of $21.08 and a fifty-two week high of $91.45. The stock has a 50 day moving average price of $32.54 and a two-hundred day moving average price of $42.09.

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

Trade Desk declared that its Board of Directors has initiated a share repurchase plan on Thursday, November 6th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the technology company to repurchase up to 2.1% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Hedge Funds Weigh In On Trade Desk

Institutional investors and hedge funds have recently made changes to their positions in the business. Brighton Jones LLC increased its position in Trade Desk by 3.8% during the 4th quarter. Brighton Jones LLC now owns 4,586 shares of the technology company’s stock valued at $539,000 after buying an additional 169 shares in the last quarter. Bison Wealth LLC increased its stake in Trade Desk by 24.3% during the 4th quarter. Bison Wealth LLC now owns 2,480 shares of the technology company’s stock valued at $291,000 after purchasing an additional 485 shares in the last quarter. Woodline Partners LP raised its holdings in Trade Desk by 75.5% in the first quarter. Woodline Partners LP now owns 5,275 shares of the technology company’s stock worth $289,000 after buying an additional 2,269 shares during the last quarter. Ethic Inc. lifted its stake in shares of Trade Desk by 59.9% in the second quarter. Ethic Inc. now owns 5,657 shares of the technology company’s stock worth $392,000 after buying an additional 2,119 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC lifted its stake in shares of Trade Desk by 11.9% in the second quarter. Ashton Thomas Private Wealth LLC now owns 18,218 shares of the technology company’s stock worth $1,312,000 after buying an additional 1,936 shares in the last quarter. 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 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.