DA Davidson Cuts Trade Desk (NASDAQ:TTD) Price Target to $32.00

Trade Desk (NASDAQ:TTD) had its price target lowered by equities research analysts at DA Davidson from $54.00 to $32.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm currently has a “buy” rating on the technology company’s stock. DA Davidson’s target price suggests a potential upside of 33.61% from the company’s current price.

Other analysts also recently issued research reports about the stock. Citigroup reduced their target price on shares of Trade Desk from $50.00 to $38.00 and set a “neutral” rating for the company in a report on Tuesday, January 27th. Zacks Research upgraded Trade Desk from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 11th. Weiss Ratings lowered Trade Desk from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, January 27th. BNP Paribas Exane began coverage on Trade Desk in a report on Wednesday, January 14th. They set a “neutral” rating and a $40.00 price target for the company. Finally, Susquehanna reduced their price target on Trade Desk from $135.00 to $85.00 and set a “positive” rating for the company in a research note on Friday, November 7th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, sixteen have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, Trade Desk has an average rating of “Hold” and an average price target of $44.70.

Trade Desk Price Performance

TTD stock traded down $1.21 during midday trading on Thursday, hitting $23.95. The company’s stock had a trading volume of 52,917,693 shares, compared to its average volume of 15,232,788. Trade Desk has a twelve month low of $21.08 and a twelve month high of $91.45. The company’s fifty day moving average price is $32.81 and its 200 day moving average price is $42.22. The stock has a market capitalization of $11.58 billion, a P/E ratio of 27.53, a PEG ratio of 0.98 and a beta of 1.10.

Trade Desk (NASDAQ:TTD) last released its quarterly earnings data on Wednesday, February 25th. The technology company reported $0.59 EPS for the quarter, meeting the consensus estimate of $0.59. Trade Desk had a return on equity of 16.00% and a net margin of 15.72%.The company had revenue of $846.79 million during the quarter, compared to the consensus estimate of $840.56 million. During the same quarter in the prior year, the firm posted $0.59 EPS. The firm’s revenue for the quarter was up 14.3% compared to the same quarter last year. Equities analysts expect that Trade Desk will post 1.06 EPS for the current fiscal year.

Trade Desk declared that its Board of Directors has approved a stock buyback program on Thursday, November 6th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the technology company to reacquire up to 2.1% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s management believes its shares are undervalued.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Family Legacy Financial Solutions LLC increased its position in Trade Desk by 163.2% in the third quarter. Family Legacy Financial Solutions LLC now owns 500 shares of the technology company’s stock worth $25,000 after buying an additional 310 shares during the last quarter. Versant Capital Management Inc grew its stake in shares of Trade Desk by 175.8% during the 3rd 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 period. Root Financial Partners LLC bought a new position in shares of Trade Desk during the 3rd quarter worth $26,000. Elevation Wealth Partners LLC increased its holdings in Trade Desk by 2,382.8% in the 4th quarter. Elevation Wealth Partners LLC now owns 720 shares of the technology company’s stock worth $27,000 after acquiring an additional 691 shares during the last quarter. Finally, Twin Peaks Wealth Advisors LLC bought a new stake in Trade Desk in the 2nd quarter valued at about $28,000. 67.77% of the stock is owned by institutional investors and hedge funds.

Key Trade Desk News

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

• Positive Sentiment: Board authorized a $350M share‑repurchase program (up to ~2.9% of shares), which signals management thinks the stock is undervalued and provides buyback support. RTT News: Stock Buybacks
• Positive Sentiment: The company expanded its Ventura CTV ecosystem—an industry collaboration meant to boost connected‑TV monetization and transparency, which could help long‑term CPMs and client retention. Trade Desk Unveils Ventura Ecosystem
• Neutral Sentiment: Q4 results: revenue $846.8M (+14% y/y) slightly beat consensus and EPS matched estimates—shows underlying business still growing but not accelerating. Q4 Results Press Release
• Neutral Sentiment: Emerging growth areas such as audio were highlighted by analysts as potential upside drivers, but impact will be gradual. Zacks: Audio Momentum
• Negative Sentiment: Management guided Q1 revenue and profitability below Street expectations (management said adjusted‑EBITDA could be cut roughly in half), which is the main driver of the selloff. Proactive Investors: Beats Q4 but Softer Q1
• Negative Sentiment: Multiple firms slashed price targets and some downgraded the stock (examples: Loop, New Street sell; widespread PT cuts from BMO, RBC, Oppenheimer, UBS, Morgan Stanley, etc.), amplifying negative momentum. TipRanks: Analysts Cut Price Targets
• Negative Sentiment: Industry/customer pressure: auto and CPG clients remain soft, and several analyst notes flag that those vertical headwinds could keep growth below prior expectations. 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.