Trade Desk (NASDAQ:TTD) Earns “Neutral” Rating from Wedbush

Trade Desk (NASDAQ:TTD)‘s stock had its “neutral” rating reaffirmed by Wedbush in a research report issued to clients and investors on Friday,RTT News reports. They presently have a $50.00 price objective on the technology company’s stock. Wedbush’s price target would suggest a potential upside of 16.28% from the company’s current price. Wedbush also issued estimates for Trade Desk’s Q3 2025 earnings at $0.25 EPS, Q4 2025 earnings at $0.40 EPS, FY2025 earnings at $1.01 EPS, Q1 2026 earnings at $0.38 EPS, Q2 2026 earnings at $0.46 EPS, Q3 2026 earnings at $0.51 EPS, Q4 2026 earnings at $0.72 EPS, FY2026 earnings at $1.22 EPS and FY2027 earnings at $2.31 EPS.

Several other brokerages have also recently issued reports on TTD. Piper Sandler dropped their target price on Trade Desk from $65.00 to $64.00 and set a “neutral” rating for the company in a report on Friday, August 8th. JMP Securities set a $60.00 price objective on shares of Trade Desk and gave the company a “market outperform” rating in a report on Tuesday, September 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Trade Desk in a research note on Wednesday, October 8th. KeyCorp boosted their target price on shares of Trade Desk from $80.00 to $95.00 and gave the company an “overweight” rating in a report on Thursday, July 17th. Finally, Bank of America restated an “underperform” rating and set a $55.00 price target (down previously from $130.00) on shares of Trade Desk in a report on Friday, August 8th. Twenty-one research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, Trade Desk presently has an average rating of “Hold” and a consensus target price of $79.48.

Trade Desk Stock Performance

Shares of NASDAQ:TTD traded down $2.90 during midday trading on Friday, hitting $43.00. The company’s stock had a trading volume of 34,219,422 shares, compared to its average volume of 10,097,466. The company has a market cap of $21.02 billion, a P/E ratio of 49.43, a price-to-earnings-growth ratio of 2.49 and a beta of 1.43. Trade Desk has a 12-month low of $41.77 and a 12-month high of $141.53. The business’s 50 day simple moving average is $49.80 and its 200 day simple moving average is $62.63.

Trade Desk (NASDAQ:TTD) last released its quarterly earnings data on Thursday, November 6th. The technology company reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.44 by $0.01. The company had revenue of $739.43 million during the quarter, compared to the consensus estimate of $719.11 million. Trade Desk had a net margin of 15.72% and a return on equity of 15.73%. Trade Desk’s quarterly revenue was up 17.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.41 EPS. Trade Desk has set its Q4 2025 guidance at EPS. On average, sell-side 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 repurchase plan on Thursday, November 6th that permits the company to repurchase $500.00 million in outstanding 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 typically an indication that the company’s leadership believes its shares are undervalued.

Insider Activity at Trade Desk

In other news, Director Andrea Lee Cunningham sold 1,403 shares of Trade Desk stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $48.20, for a total value of $67,624.60. Following the completion of the sale, the director directly owned 5,035 shares of the company’s stock, valued at approximately $242,687. The trade was a 21.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 10.00% of the stock is currently owned by corporate insiders.

Institutional Trading of Trade Desk

A number of institutional investors and hedge funds have recently bought and sold shares of TTD. LaFleur & Godfrey LLC acquired a new position in shares of Trade Desk in the 2nd quarter valued at about $5,029,000. Congress Park Capital LLC raised its holdings in Trade Desk by 13.2% in the second quarter. Congress Park Capital LLC now owns 53,781 shares of the technology company’s stock valued at $3,872,000 after buying an additional 6,257 shares during the period. Swedbank AB raised its holdings in Trade Desk by 32.2% in the second quarter. Swedbank AB now owns 552,260 shares of the technology company’s stock valued at $39,757,000 after buying an additional 134,620 shares during the period. First Bank & Trust lifted its position in Trade Desk by 137.6% during the second quarter. First Bank & Trust now owns 23,166 shares of the technology company’s stock valued at $1,668,000 after buying an additional 13,418 shares in the last quarter. Finally, Pointe Capital Management LLC purchased a new stake in Trade Desk during the second quarter worth approximately $8,246,000. 67.77% of the stock is currently owned by hedge funds and other institutional investors.

About Trade Desk

The Trade Desk, Inc operates as a technology company in the United States and internationally. The company offers a self-service cloud-based platform that allows buyers to plan, manage, optimize, and measure data-driven digital advertising campaigns across various ad formats and channels, including video, display, audio, digital-out-of-home, native, and social on various devices, such as computers, mobile devices, televisions, and streaming devices.