Trade Desk (NASDAQ:TTD) Cut to Sell at New Street Research

New Street Research lowered shares of Trade Desk (NASDAQ:TTD) from a neutral rating to a sell rating in a research report sent to investors on Thursday morning, MarketBeat reports. The brokerage currently has $17.00 price objective on the technology company’s stock.

Several other equities research analysts have also recently issued reports on TTD. DA Davidson cut their price objective on shares of Trade Desk from $80.00 to $54.00 and set a “buy” rating for the company in a research report on Monday, November 10th. Zacks Research raised shares of Trade Desk from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 11th. Wolfe Research restated an “outperform” rating and set a $45.00 price target (down from $60.00) on shares of Trade Desk in a report on Monday, January 5th. Moffett Nathanson reiterated a “neutral” rating and issued a $32.00 price objective on shares of Trade Desk in a report on Thursday. Finally, Citizens Jmp lowered Trade Desk from an “outperform” rating to a “market perform” rating in a research report on Friday, January 23rd. One research 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, Trade Desk presently has an average rating of “Hold” and an average price target of $44.70.

Trade Desk Trading Down 0.5%

TTD opened at $23.82 on Thursday. The firm has a market capitalization of $11.52 billion, a PE ratio of 26.47, a PEG ratio of 0.93 and a beta of 1.10. Trade Desk has a twelve month low of $21.08 and a twelve month high of $91.45. The firm’s 50-day moving average price is $32.27 and its 200 day moving average price is $41.81.

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

Trade Desk announced that its Board of Directors has initiated a share buyback program on Thursday, November 6th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the technology company to repurchase up to 2.1% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Hedge Funds Weigh In On Trade Desk

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

Trade Desk News Roundup

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

• Positive Sentiment: Board authorized a $350 million share repurchase (about 2.9% of shares), signaling management thinks the stock is undervalued. MarketBeat Buyback Report
• Positive Sentiment: Q4 beat: revenue of ~$847M and EPS in line with consensus; core ad businesses (CTV/video) remain large and audio is cited as an emerging growth driver. Proactive Investors Q4 Coverage
• Positive Sentiment: Product roadmap/Kokai platform rollout noted as a potential catalyst that could restore growth and justify valuation after the pullback. Yahoo Valuation/Kokai Article
• Neutral Sentiment: Unusually large options volume — indicates elevated trading/speculation and hedging activity around the stock but not directional confirmation. American Banking News Options Note
• Negative Sentiment: Softer Q1 guidance: management guided Q1 revenue growth below Street expectations (roughly +10% vs. ~12% consensus) and flagged a ~500bps year‑over‑year margin headwind, which spooked investors. Yahoo: Jefferies Reaction & Guidance Note
• Negative Sentiment: Profitability outlook hit: management’s adjusted EBITDA guidance implies a material near‑term cut (one article notes adjusted EBITDA could be halved), increasing short‑term earnings uncertainty. Fool: EBITDA/Guidance Coverage
• Negative Sentiment: Broad analyst repricing: multiple firms cut price targets and ratings after the guidance (examples include Jefferies, Loop, New Street and others), reflecting increased skepticism about near‑term growth and competitive pressure. TipRanks: Analyst Reactions
• Negative Sentiment: Market share and secular worries: coverage highlights slowing growth, competition (notably Amazon), and investor reassessment of the “independent objective ad‑tech” thesis, pressuring multiples. Fool: Competitive/Thesis 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.