Trade Desk (NASDAQ:TTD) Given New $14.00 Price Target at Cantor Fitzgerald

Trade Desk (NASDAQ:TTD) had its price objective cut by Cantor Fitzgerald from $20.00 to $14.00 in a research note issued to investors on Friday, MarketBeat Ratings reports. They currently have a neutral rating on the technology company’s stock.

Other research analysts also recently issued research reports about the stock. Morgan Stanley set a $26.00 price target on shares of Trade Desk in a research report on Friday, May 8th. Truist Financial set a $16.00 target price on shares of Trade Desk and gave the stock a “hold” rating in a research note on Friday. Wedbush set a $21.00 target price on shares of Trade Desk and gave the stock a “neutral” rating in a research report on Friday, May 8th. UBS Group reissued a “buy” rating and set a $16.00 price target (down from $28.00) on shares of Trade Desk in a research note on Monday. Finally, Guggenheim lowered shares of Trade Desk from a “buy” rating to a “neutral” rating and lowered their price target for the company from $25.00 to $12.00 in a report on Friday. Five equities research analysts have rated the stock with a Buy rating, twenty-seven have given a Hold rating and seven have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of $20.85.

Trade Desk Price Performance

TTD stock opened at $13.80 on Friday. The business has a fifty day moving average price of $18.82 and a 200 day moving average price of $22.79. Trade Desk has a fifty-two week low of $12.83 and a fifty-two week high of $57.00. The stock has a market capitalization of $6.49 billion, a price-to-earnings ratio of 16.43, a P/E/G ratio of 0.85 and a beta of 1.04.

Trade Desk (NASDAQ:TTD) last posted its quarterly earnings data on Thursday, May 7th. The technology company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.24). Trade Desk had a return on equity of 16.19% and a net margin of 13.61%.The business had revenue of $688.86 million during the quarter, compared to analyst estimates of $678.87 million. During the same period in the prior year, the firm posted $0.33 EPS. Trade Desk’s revenue for the quarter was up 11.8% compared to the same quarter last year. On average, equities analysts expect that Trade Desk will post 1.17 earnings per share for the current fiscal year.

Insider Activity at Trade Desk

In other news, Director Samantha Jacobson sold 53,681 shares of the stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $21.14, for a total value of $1,134,816.34. Following the transaction, the director owned 13,099 shares of the company’s stock, valued at $276,912.86. This represents a 80.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 11.41% of the company’s stock.

Hedge Funds Weigh In On Trade Desk

Hedge funds have recently added to or reduced their stakes in the stock. Trust Co. of Vermont bought a new position in Trade Desk during the second quarter worth about $111,000. Bank of New York Mellon Corp acquired a new stake in shares of Trade Desk in the 2nd quarter valued at approximately $39,750,000. Trust Asset Management LLC acquired a new stake in shares of Trade Desk in the 2nd quarter valued at approximately $88,000. Tema ETFs LLC boosted its stake in Trade Desk by 9.5% during the 2nd quarter. Tema ETFs LLC now owns 8,360 shares of the technology company’s stock worth $151,000 after acquiring an additional 725 shares during the last quarter. Finally, LVM Capital Management Ltd. MI bought a new position in Trade Desk during the 2nd quarter worth approximately $578,000. Institutional investors and hedge funds own 67.77% of the company’s stock.

Key Trade Desk News

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

• Positive Sentiment: Customer retention remained strong, and management highlighted ongoing product improvements and major advertising partnerships. CEO Jeff Green has also reportedly purchased shares, potentially signaling confidence in the long-term opportunity. TTD Stock Sinks Over 26% On Earnings Miss, Weak Outlook
• Neutral Sentiment: Analysts substantially reduced price targets and ratings following the release. Needham retained a Buy rating with a $19 target, while other targets ranged from $12 to $15, reflecting significant disagreement over whether the selloff creates value or signals a prolonged downturn. The Trade Desk downgraded by Susquehanna
• Negative Sentiment: Second-quarter revenue rose only 3% year over year to approximately $715 million, below the roughly $753 million consensus estimate. Adjusted EPS was 34 cents; although estimates vary, several reports characterized profit as below expectations and noted that EPS declined from 41 cents a year earlier. Trade Desk Stock Slumps After Revenue Misses Forecasts
• Negative Sentiment: Third-quarter revenue guidance of about $650 million was well below Wall Street expectations and implies a potential year-over-year revenue decline—the first such decline forecast since the company’s IPO. The outlook suggests that weak consumer spending, tariffs, oil prices and cautious spending by large brands are affecting advertising budgets. Trade Desk shares plunge on weak revenue, guidance miss
• Negative Sentiment: Management acknowledged execution gaps and a changing customer environment, while profitability also weakened: adjusted EBITDA fell to approximately $241 million and margins contracted. The rapid restructuring of the C-suite added to investor uncertainty about execution and leadership stability. TTD Q2 Earnings Call Flags Execution Gaps and Cautious Q3 Guide

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.