Rosenblatt Securities Cuts Trade Desk (NASDAQ:TTD) Price Target to $53.00

Trade Desk (NASDAQ:TTD) had its price objective trimmed by Rosenblatt Securities from $64.00 to $53.00 in a research note released on Tuesday, Marketbeat Ratings reports. The brokerage currently has a buy rating on the technology company’s stock.

A number of other research firms have also recently issued reports on TTD. Citizens Jmp cut shares of Trade Desk from an “outperform” rating to a “market perform” rating in a research note on Friday, January 23rd. Exane BNP Paribas upgraded shares of Trade Desk to a “hold” rating in a research note on Wednesday, January 14th. Truist Financial set a $60.00 price objective on shares of Trade Desk and gave the company a “buy” rating in a research note on Monday. Wedbush decreased their price objective on shares of Trade Desk from $50.00 to $40.00 and set a “neutral” rating for the company in a report on Monday, December 8th. Finally, Jefferies Financial Group set a $40.00 target price on Trade Desk and gave the company a “hold” rating in a report on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, eighteen have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Trade Desk currently has a consensus rating of “Hold” and a consensus target price of $65.53.

Trade Desk Trading Down 1.9%

TTD opened at $31.25 on Tuesday. The stock has a fifty day moving average price of $37.44 and a 200 day moving average price of $49.94. Trade Desk has a 1 year low of $30.82 and a 1 year high of $125.80. The stock has a market cap of $15.11 billion, a price-to-earnings ratio of 35.92, a PEG ratio of 1.25 and a beta of 1.11.

Trade Desk (NASDAQ:TTD) last issued its earnings results on Thursday, November 6th. The technology company reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.01. The company had revenue of $739.43 million for the quarter, compared to analyst estimates of $719.11 million. Trade Desk had a return on equity of 16.00% and a net margin of 15.72%.The business’s revenue was up 17.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.41 EPS. As a group, sell-side analysts forecast 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 stock buyback plan on Thursday, November 6th that allows the company to repurchase $500.00 million in outstanding shares. This repurchase authorization allows the technology company to purchase up to 2.1% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board believes its stock is undervalued.

Institutional Trading of Trade Desk

Several hedge funds have recently added to or reduced their stakes in TTD. Brighton Jones LLC increased its position in Trade Desk by 3.8% in the 4th quarter. Brighton Jones LLC now owns 4,586 shares of the technology company’s stock worth $539,000 after buying an additional 169 shares during the period. Bison Wealth LLC grew its stake in shares of Trade Desk by 24.3% in the fourth quarter. Bison Wealth LLC now owns 2,480 shares of the technology company’s stock worth $291,000 after acquiring an additional 485 shares during the last quarter. Woodline Partners LP increased its position in Trade Desk by 75.5% during the first quarter. Woodline Partners LP now owns 5,275 shares of the technology company’s stock worth $289,000 after acquiring an additional 2,269 shares during the period. Farther Finance Advisors LLC raised its stake in Trade Desk by 15.8% during the 2nd quarter. Farther Finance Advisors LLC now owns 4,536 shares of the technology company’s stock valued at $327,000 after purchasing an additional 620 shares during the last quarter. Finally, GAMMA Investing LLC boosted its holdings in Trade Desk by 42.0% in the 2nd quarter. GAMMA Investing LLC now owns 2,387 shares of the technology company’s stock valued at $172,000 after purchasing an additional 706 shares during the period. Institutional investors own 67.77% of the company’s stock.

Key Stories Impacting Trade Desk

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

• Positive Sentiment: Xumo announced that advertisers can now access its premium streaming inventory directly via The Trade Desk’s OpenPath, which strengthens TTD’s supply relationships and programmatic streaming positioning. Xumo Expands Direct Access to Premium Streaming Inventory via The Trade Desk’s OpenPath
• Neutral Sentiment: Stifel’s Mark Kelley kept a Buy rating but cut his price target (from $90 to $74), signaling confidence in TTD’s long-term opportunity while tempering near-term upside. Optimism for Trade Desk (TTD) Following Solid Results Preview
• Neutral Sentiment: Scotiabank assigned a Hold to TTD, which signals caution but is not an active sell signal for investors weighing exposure. Trade Desk (TTD) Receives a Hold from Scotiabank
• Negative Sentiment: Citi issued a pessimistic forecast for TTD’s stock, contributing to bearish analyst momentum and downward pressure on the share price. Citigroup Issues Pessimistic Forecast for Trade Desk (NASDAQ:TTD) Stock Price
• Negative Sentiment: Rosenblatt cut its expectations for Trade Desk, adding to the string of lowered analyst outlooks. Rosenblatt Securities Has Lowered Expectations for Trade Desk (NASDAQ:TTD) Stock Price
• Negative Sentiment: CFRA moved from a “moderate buy” to a “hold” (and later reaffirmed the hold), reflecting reduced conviction from a previously more bullish analyst and signaling less near-term support. Cfra Reaffirms “Hold” Rating for Trade Desk (NASDAQ:TTD)
• Negative Sentiment: Coverage roundups and market stories note TTD hit a one-year low after the analyst downgrades, amplifying selling pressure and headline-driven volatility. Trade Desk (NASDAQ:TTD) Hits New 1-Year Low on Analyst Downgrade
• Negative Sentiment: Market commentary (e.g., Yahoo Finance) ties today’s share weakness to the cluster of downgrades and target cuts, which has pressured sentiment despite recent solid quarterly results. Why The Trade Desk Stock Is Plummeting Today

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.