Trade Desk (NASDAQ:TTD) Downgraded by Loop Capital to “Hold”

Loop Capital downgraded shares of Trade Desk (NASDAQ:TTD) from a buy rating to a hold rating in a research report sent to investors on Thursday morning, Marketbeat.com reports. Loop Capital currently has $25.00 price objective on the technology company’s stock, down from their previous price objective of $75.00.

A number of other analysts have also issued reports on the company. DA Davidson lowered their price target on Trade Desk from $80.00 to $54.00 and set a “buy” rating for the company in a report on Monday, November 10th. UBS Group reaffirmed 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. Citigroup dropped their price target on Trade Desk from $50.00 to $38.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 27th. Weiss Ratings lowered Trade Desk from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, January 27th. Finally, Guggenheim reaffirmed a “buy” rating and issued a $50.00 price objective (down from $55.00) on shares of Trade Desk in a research note on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, sixteen have given a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, Trade Desk presently has an average rating of “Hold” and a consensus target price of $44.70.

Trade Desk Trading Down 4.8%

Shares of TTD opened at $23.95 on Thursday. The firm has a fifty day moving average price of $32.54 and a 200-day moving average price of $42.09. The firm has a market capitalization of $11.58 billion, a P/E ratio of 26.61, a P/E/G ratio of 0.99 and a beta of 1.10. Trade Desk has a 12-month low of $21.08 and a 12-month high of $91.45.

Trade Desk (NASDAQ:TTD) last announced its quarterly earnings data on Wednesday, February 25th. The technology company reported $0.59 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.59. The company had revenue of $846.79 million during the quarter, compared to analyst estimates of $840.56 million. Trade Desk had a net margin of 15.31% and a return on equity of 16.60%. The firm’s revenue for the quarter was up 14.3% on a year-over-year basis. During the same quarter last year, the business posted $0.59 EPS. Analysts predict that Trade Desk will post 1.06 earnings per share for the current year.

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

Institutional Trading of Trade Desk

Hedge funds have recently modified their holdings of the company. Tempo Wealth LLC purchased a new position in shares of Trade Desk in the 4th quarter worth approximately $237,000. Pacer Advisors Inc. boosted its stake in Trade Desk by 3.5% in the fourth quarter. Pacer Advisors Inc. now owns 258,803 shares of the technology company’s stock valued at $9,824,000 after acquiring an additional 8,833 shares in the last quarter. Walser Wealth Management Company A Ltd Liability Co acquired a new stake in Trade Desk in the fourth quarter valued at approximately $212,000. Virtu Financial LLC purchased a new position in Trade Desk in the fourth quarter worth $3,152,000. Finally, Sunbelt Securities Inc. increased its position in shares of Trade Desk by 16.4% during the fourth quarter. Sunbelt Securities Inc. now owns 23,993 shares of the technology company’s stock worth $911,000 after purchasing an additional 3,374 shares in the last quarter. 67.77% of the stock is owned by hedge funds and other institutional investors.

More 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

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.