Truist Financial Issues Pessimistic Forecast for Trade Desk (NASDAQ:TTD) Stock Price

Trade Desk (NASDAQ:TTD) had its price target lowered by research analysts at Truist Financial from $60.00 to $50.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the technology company’s stock. Truist Financial’s price target indicates a potential upside of 109.91% from the stock’s previous close.

Several other research firms also recently commented on TTD. Loop Capital downgraded Trade Desk from a “buy” rating to a “hold” rating and reduced their price objective for the company from $75.00 to $25.00 in a research note on Thursday. Wall Street Zen raised shares of Trade Desk from a “sell” rating to a “hold” rating in a report on Saturday, November 1st. KeyCorp reiterated an “overweight” rating and issued a $40.00 target price (down from $88.00) on shares of Trade Desk in a research report on Tuesday, February 3rd. Cannonball Research upgraded shares of Trade Desk to a “strong-buy” rating in a research report on Monday, January 12th. Finally, Guggenheim reaffirmed a “buy” rating and set 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 assigned a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $44.70.

Trade Desk Trading Down 0.5%

Shares of Trade Desk stock opened at $23.82 on Thursday. Trade Desk has a twelve month low of $21.08 and a twelve month high of $91.45. The firm has a market capitalization of $11.52 billion, a PE ratio of 26.47, a P/E/G ratio of 0.94 and a beta of 1.10. The firm’s 50-day moving average price is $32.27 and its 200 day moving average price is $41.89.

Trade Desk (NASDAQ:TTD) last posted its quarterly earnings data on Wednesday, February 25th. The technology company reported $0.59 EPS for the quarter, hitting the consensus estimate 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 return on equity of 16.60% and a net margin of 15.31%.Trade Desk’s quarterly revenue was up 14.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.59 EPS. On average, sell-side analysts predict that Trade Desk will post 1.06 EPS for the current fiscal year.

Trade Desk announced that its Board of Directors has initiated a share buyback plan on Thursday, November 6th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the technology company to buy up to 2.1% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its stock is undervalued.

Hedge Funds Weigh In On Trade Desk

Institutional investors have recently bought and sold shares of the company. Transce3nd LLC purchased a new stake in shares of Trade Desk in the 2nd quarter valued at approximately $28,000. Twin Peaks Wealth Advisors LLC acquired a new position in Trade Desk in the second quarter valued at approximately $28,000. Estabrook Capital Management purchased a new position in Trade Desk in the second quarter worth approximately $36,000. Family Legacy Financial Solutions LLC increased its stake in Trade Desk by 163.2% during the third quarter. Family Legacy Financial Solutions LLC now owns 500 shares of the technology company’s stock worth $25,000 after acquiring an additional 310 shares during the last quarter. Finally, Versant Capital Management Inc increased its stake in Trade Desk by 175.8% during the third quarter. Versant Capital Management Inc now owns 524 shares of the technology company’s stock worth $26,000 after acquiring an additional 334 shares during the last quarter. 67.77% of the stock is owned by hedge funds and other institutional investors.

Key Trade Desk News

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.