Trade Desk (NASDAQ:TTD – Get Free Report) was downgraded by stock analysts at Royal Bank Of Canada from an “outperform” rating to a “sector perform” rating in a research report issued on Friday, MarketBeat Ratings reports. They currently have a $15.00 price objective on the technology company’s stock. Royal Bank Of Canada’s price objective points to a potential downside of 15.11% from the company’s current price.
TTD has been the subject of several other research reports. Cantor Fitzgerald lowered their price target on Trade Desk from $20.00 to $14.00 and set a “neutral” rating for the company in a research note on Friday. Scotiabank set a $20.00 price objective on shares of Trade Desk in a research report on Monday, May 11th. Raymond James Financial cut shares of Trade Desk from a “market perform” rating to an “underperform” rating in a research note on Friday. Citigroup reissued a “neutral” rating on shares of Trade Desk in a research report on Friday, May 8th. Finally, Arete Research set a $11.60 price target on shares of Trade Desk and gave the stock a “sell” rating in a research note on Tuesday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, twenty-seven have given a Hold rating and seven have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $24.02.
Check Out Our Latest Stock Report on TTD
Trade Desk Trading Down 6.8%
Trade Desk (NASDAQ:TTD – Get Free Report) last issued its earnings results on Thursday, August 6th. The technology company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.16. Trade Desk had a return on equity of 16.91% and a net margin of 14.57%.The company had revenue of $715.06 million for the quarter, compared to analyst estimates of $752.59 million. During the same period in the prior year, the firm posted $0.41 EPS. The business’s revenue was up 3.0% compared to the same quarter last year. As a group, sell-side analysts forecast that Trade Desk will post 1.17 earnings per share for the current fiscal year.
Insider Buying and Selling at Trade Desk
In related news, Director Samantha Jacobson sold 53,681 shares of the company’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $21.14, for a total transaction of $1,134,816.34. Following the completion of the sale, the director directly owned 13,099 shares of the company’s stock, valued at approximately $276,912.86. This represents a 80.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 11.41% of the company’s stock.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of TTD. Binnacle Investments Inc bought a new stake in Trade Desk during the third quarter valued at about $37,000. Bayforest Capital Ltd bought a new position in shares of Trade Desk in the fourth quarter worth about $35,000. Quarry LP bought a new position in shares of Trade Desk in the fourth quarter worth about $37,000. MCF Advisors LLC lifted its position in shares of Trade Desk by 318.0% during the 4th quarter. MCF Advisors LLC now owns 1,024 shares of the technology company’s stock worth $39,000 after purchasing an additional 779 shares during the last quarter. Finally, BNP Paribas lifted its position in shares of Trade Desk by 336.5% during the 4th quarter. BNP Paribas now owns 1,052 shares of the technology company’s stock worth $40,000 after purchasing an additional 811 shares during the last quarter. Institutional investors and hedge funds own 67.77% of the company’s stock.
More Trade Desk News
Here are the key news stories impacting Trade Desk this week:
- Positive Sentiment: Adjusted earnings were $0.34 per share, exceeding the $0.18 consensus estimate cited by several outlets. The company also highlighted strong customer retention and continuing relationships with major advertising partners. Trade Desk Stock Slumps After Revenue Misses Forecasts
- Neutral Sentiment: CEO Jeff Green said customers are operating in a “different environment,” citing macroeconomic pressure and execution issues. The comments suggest advertising budgets and the company’s ability to convert demand may remain uneven. TTD Stock Crashes Overnight
- Negative Sentiment: Second-quarter revenue rose only 3% year over year to $715.1 million, missing analyst expectations of approximately $752.6 million. Adjusted earnings were below the $0.41 estimate tracked by Zacks and declined from $0.41 a year earlier, adding to concerns about decelerating profitability. The Trade Desk Misses Q2 Earnings and Revenue Estimates
- Negative Sentiment: Third-quarter revenue guidance of $650 million was reportedly about 19% below consensus expectations. Investors viewed the forecast as a possible indication that The Trade Desk could post its first annual revenue decline since its IPO. The Trade Desk Stock Plunges on Disappointing Earnings
- Negative Sentiment: Profitability also weakened: adjusted EBITDA fell to roughly $241 million, while margin pressure and continued growth concerns overshadowed customer retention and strategic partnerships. The selloff leaves TTD near its 1-year low and below both its 50-day and 200-day moving averages. Trade Desk Sinks on Revenue Miss and Margin Pressure
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.
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