Trade Desk (NASDAQ:TTD) Receives Sector Perform Rating from Royal Bank Of Canada

Trade Desk (NASDAQ:TTD)‘s stock had its “sector perform” rating restated by stock analysts at Royal Bank Of Canada in a research note issued on Wednesday, Benzinga reports. They presently have a $15.00 price target on the technology company’s stock. Royal Bank Of Canada’s price objective points to a potential upside of 8.19% from the stock’s previous close.

TTD has been the subject of a number of other research reports. Zacks Research cut shares of Trade Desk from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 11th. Scotiabank set a $12.00 price target on shares of Trade Desk and gave the stock a “sector perform” rating in a report on Friday, August 7th. Benchmark reaffirmed a “buy” rating and set a $20.00 price target (down from $30.00) on shares of Trade Desk in a research report on Monday, August 3rd. Guggenheim lowered Trade Desk from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $25.00 to $12.00 in a report on Friday, August 7th. Finally, Citigroup cut Trade Desk from a “neutral” rating to a “sell” rating and lowered their price objective for the stock from $21.00 to $11.00 in a research report on Friday, August 7th. Four research analysts have rated the stock with a Buy rating, twenty-five have assigned a Hold rating and ten have given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Reduce” and a consensus target price of $19.36.

Trade Desk Stock Performance

Shares of Trade Desk stock opened at $13.87 on Wednesday. The company has a market capitalization of $6.51 billion, a PE ratio of 16.51, a P/E/G ratio of 1.61 and a beta of 1.01. The company has a 50-day simple moving average of $16.43 and a two-hundred day simple moving average of $20.25. Trade Desk has a one year low of $12.83 and a one year high of $56.39.

Trade Desk (NASDAQ:TTD) last released its quarterly earnings results on Thursday, August 6th. The technology company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.06). Trade Desk had a net margin of 13.61% and a return on equity of 16.09%. The firm had revenue of $715.06 million for the quarter, compared to analysts’ expectations of $752.41 million. During the same period in the previous year, the company posted $0.41 earnings per share. The business’s quarterly revenue was up 3.0% compared to the same quarter last year. On average, equities analysts predict that Trade Desk will post 0.51 earnings per share for the current fiscal year.

Institutional Trading of Trade Desk

Several institutional investors and hedge funds have recently bought and sold shares of TTD. Binnacle Investments Inc purchased a new stake in shares of Trade Desk in the 3rd quarter valued at $37,000. Quarry LP purchased a new position in shares of Trade Desk during the fourth quarter worth $37,000. MCF Advisors LLC lifted its position in Trade Desk by 318.0% during the fourth quarter. MCF Advisors LLC now owns 1,024 shares of the technology company’s stock valued at $39,000 after purchasing an additional 779 shares during the period. BNP Paribas lifted its position in Trade Desk by 336.5% during the fourth quarter. BNP Paribas now owns 1,052 shares of the technology company’s stock valued at $40,000 after purchasing an additional 811 shares during the period. Finally, AG Campbell Advisory LLC purchased a new stake in Trade Desk in the fourth quarter valued at $42,000. 67.77% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Trade Desk

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

• Positive Sentiment: A valuation-focused analysis argues that The Trade Desk generates substantial cash relative to the broader market and may be trading at a significant discount. That could support the stock if management’s restructuring improves growth and profitability. The Unusual Cash Offer Sitting In TTD Stock
• Neutral Sentiment: Investor attention remains elevated, with Zacks highlighting The Trade Desk as one of its most-watched stocks. The article does not identify a new fundamental catalyst but suggests investors are evaluating the company’s outlook following its recent selloff. The Trade Desk Is Attracting Investor Attention
• Negative Sentiment: The Trade Desk announced a restructuring that will eliminate approximately 15% of its global workforce. While the cuts could reduce costs, they also signal management is responding to weaker operating momentum and raise concerns about execution, employee morale and future growth. The Trade Desk Cuts 15% of Workforce The Trade Desk Workforce Restructuring
• Negative Sentiment: Bloom Energy’s addition to the S&P 500 is replacing The Trade Desk, creating potential passive-fund selling and reducing the stock’s index visibility. Bloom Energy Replaces The Trade Desk in the S&P 500
• Negative Sentiment: Brokerages assigned The Trade Desk an average “Reduce” rating, reinforcing cautious views after the stock’s steep decline. Separate coverage also points to layoffs, executive departures and insider-trading-related concerns as contributors to the company’s negative sentiment. The Trade Desk Receives Average Reduce Rating
• Negative Sentiment: Clinch’s expansion in London and reported onboarding of major global advertisers highlights increasing competition in omnichannel advertising, potentially adding pressure to The Trade Desk’s growth outlook. Clinch Expands London Presence

About Trade Desk

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.