Cfra Reaffirms Hold Rating for Trade Desk (NASDAQ:TTD)

Trade Desk (NASDAQ:TTD)‘s stock had its “hold” rating reiterated by equities researchers at Cfra in a note issued to investors on Tuesday,Benzinga reports. They currently have a $40.00 target price on the technology company’s stock. Cfra’s price target would suggest a potential upside of 24.45% from the stock’s current price.

Several other research firms have also commented on TTD. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Trade Desk in a research report on Monday, December 29th. Citigroup decreased their target price on Trade Desk from $50.00 to $38.00 and set a “neutral” rating for the company in a research report on Tuesday. Exane BNP Paribas raised shares of Trade Desk to a “hold” rating in a report on Wednesday, January 14th. Citizens Jmp downgraded shares of Trade Desk from an “outperform” rating to a “market perform” rating in a research report on Friday. Finally, Wedbush lowered their price target on Trade Desk from $50.00 to $40.00 and set a “neutral” rating for the company in a report on Monday, December 8th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, eighteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $65.53.

Trade Desk Stock Down 4.9%

NASDAQ:TTD traded down $1.67 during trading hours on Tuesday, hitting $32.14. 10,081,242 shares of the company’s stock traded hands, compared to its average volume of 11,510,650. Trade Desk has a 52 week low of $31.93 and a 52 week high of $125.80. The firm has a market cap of $15.54 billion, a P/E ratio of 36.94, a P/E/G ratio of 1.43 and a beta of 1.11. The business’s fifty day simple moving average is $37.91 and its two-hundred day simple moving average is $50.51.

Trade Desk (NASDAQ:TTD) last announced its quarterly earnings data on Thursday, November 6th. The technology company reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.01. Trade Desk had a net margin of 15.72% and a return on equity of 16.00%. The firm had revenue of $739.43 million during the quarter, compared to analyst estimates of $719.11 million. During the same period in the previous year, the business posted $0.41 EPS. The business’s quarterly revenue was up 17.7% on a year-over-year basis. On average, analysts expect that Trade Desk will post 1.06 EPS for the current 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 generally an indication that the company’s leadership believes its stock is undervalued.

Institutional Investors Weigh In On Trade Desk

Institutional investors have recently modified their holdings of the company. Brighton Jones LLC increased its holdings in Trade Desk by 3.8% during the 4th quarter. Brighton Jones LLC now owns 4,586 shares of the technology company’s stock worth $539,000 after purchasing an additional 169 shares during the period. Bison Wealth LLC increased its stake in shares of Trade Desk by 24.3% during the fourth quarter. Bison Wealth LLC now owns 2,480 shares of the technology company’s stock worth $291,000 after buying an additional 485 shares during the period. 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 valued at $289,000 after acquiring an additional 2,269 shares in the last quarter. Farther Finance Advisors LLC lifted its stake in Trade Desk by 15.8% in the second quarter. Farther Finance Advisors LLC now owns 4,536 shares of the technology company’s stock worth $327,000 after acquiring an additional 620 shares during the last quarter. Finally, GAMMA Investing LLC grew its holdings in Trade Desk by 42.0% during the 2nd quarter. GAMMA Investing LLC now owns 2,387 shares of the technology company’s stock worth $172,000 after acquiring an additional 706 shares in the last quarter. 67.77% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Trade Desk

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

• Positive Sentiment: Rosenblatt cut its price target from $64 to $53 but kept a “buy” rating, signaling some analysts still see substantial upside from current levels. Rosenblatt PT cut / buy rating
• Neutral Sentiment: The company named longtime finance executive Tahnil Davis as interim CFO (internal appointment with ~11 years at the firm), which limits disruption versus an external hire but leaves a permanent replacement search unresolved. Interim CFO appointment
• Negative Sentiment: Chief Financial Officer Alex Kayyal resigned, triggering a sharp selloff and raising questions about exec turnover at the finance function — a key driver of today’s negative sentiment. CFO resignation / 52-week low
• Negative Sentiment: Analysts have trimmed targets and ratings: Citigroup lowered its target from $50 to $38 and moved to a “neutral” rating — another signal of reduced near‑term conviction. Citigroup PT cut
• Negative Sentiment: Management issued Q4/FY guidance that implied revenue of ~$840M versus consensus around $841.4M — a small miss but enough to amplify concerns when paired with leadership turnover and already compressed sentiment. (Guidance reported in company update and market coverage.)

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.