Trade Desk (NASDAQ:TTD) Price Target Lowered to $25.00 at Wells Fargo & Company

Trade Desk (NASDAQ:TTD) had its price objective decreased by Wells Fargo & Company from $42.00 to $25.00 in a research note released on Thursday,Benzinga reports. Wells Fargo & Company currently has an equal weight rating on the technology company’s stock.

TTD has been the topic of several other research reports. Scotiabank reiterated a “sector perform” rating and set a $32.00 price objective (down from $60.00) on shares of Trade Desk in a report on Thursday. Morgan Stanley cut their price target on shares of Trade Desk from $50.00 to $42.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 13th. Truist Financial lowered their price objective on shares of Trade Desk from $60.00 to $50.00 and set a “buy” rating for the company in a research report on Thursday. New Street Research lowered shares of Trade Desk from a “neutral” rating to a “sell” rating and set a $17.00 price objective on the stock. in a report on Thursday. Finally, Jefferies Financial Group set a $40.00 price objective on shares of Trade Desk and gave the company a “hold” rating in a research report on Thursday, December 11th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, sixteen have issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $44.70.

Trade Desk Stock Performance

Shares of Trade Desk stock opened at $23.95 on Thursday. Trade Desk has a 52 week low of $21.08 and a 52 week high of $91.45. The firm has a fifty day moving average of $32.54 and a two-hundred day moving average of $42.09. The stock has a market capitalization of $11.58 billion, a price-to-earnings ratio of 26.61, a PEG ratio of 0.99 and a beta of 1.10.

Trade Desk (NASDAQ:TTD) last posted 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 return on equity of 16.60% and a net margin of 15.31%.The company had revenue of $846.79 million during the quarter, compared to analyst estimates of $840.56 million. During the same period in the previous year, the company earned $0.59 EPS. The company’s revenue for the quarter was up 14.3% compared to the same quarter last year. As a group, research analysts forecast that Trade Desk will post 1.06 EPS for the current fiscal year.

Trade Desk declared that its board has authorized a share buyback plan on Thursday, November 6th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the technology company to purchase up to 2.1% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

Institutional Investors Weigh In On Trade Desk

Large investors have recently made changes to their positions in the stock. Family Legacy Financial Solutions LLC grew its stake in shares of Trade Desk by 163.2% in the third quarter. Family Legacy Financial Solutions LLC now owns 500 shares of the technology company’s stock valued at $25,000 after buying an additional 310 shares in the last quarter. Versant Capital Management Inc lifted its stake in Trade Desk by 175.8% in the third quarter. Versant Capital Management Inc now owns 524 shares of the technology company’s stock valued at $26,000 after acquiring an additional 334 shares during the last quarter. Root Financial Partners LLC acquired a new stake in Trade Desk in the third quarter valued at $26,000. Elevation Wealth Partners LLC grew its position in shares of Trade Desk by 2,382.8% in the 4th quarter. Elevation Wealth Partners LLC now owns 720 shares of the technology company’s stock valued at $27,000 after acquiring an additional 691 shares during the period. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in shares of Trade Desk during the 2nd quarter worth about $28,000. Institutional investors and hedge funds own 67.77% of the company’s stock.

Key Trade Desk News

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.