Trade Desk’s (TTD) “Buy” Rating Reiterated at Needham & Company LLC

Posted by Stanley Muller on Nov 13th, 2026

Needham & Company LLC reissued their buy rating on shares of Trade Desk (NASDAQ:TTD – Free Report) in a research report sent to investors on Tuesday,Benzinga reports. The brokerage currently has a $19.00 price target on the technology company’s stock.

A number of other research firms have also recently commented on TTD. UBS Group set a $15.00 target price on Trade Desk and gave the stock a “buy” rating in a research note on Wednesday, October 14th. Moffett Nathanson set a $6.00 price target on shares of Trade Desk in a research report on Friday, August 7th. Rosenblatt Securities raised their price objective on shares of Trade Desk from $12.00 to $15.00 and gave the stock a “neutral” rating in a report on Tuesday. Truist Financial set a $17.00 price objective on shares of Trade Desk and gave the stock a “hold” rating in a research report on Tuesday. Finally, Cantor Fitzgerald dropped their target price on shares of Trade Desk from $20.00 to $14.00 and set a “neutral” rating on the stock in a research note on Friday, August 7th. Four investment analysts have rated the stock with a Buy rating, twenty-six have assigned a Hold rating and nine have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Trade Desk presently has an average rating of “Reduce” and a consensus price target of $18.52.

Get Our Latest Stock Report on TTD

Trade Desk Trading Down 3.2%

Shares of TTD opened at $15.47 on Tuesday. The company has a market capitalization of $7.27 billion, a price-to-earnings ratio of 22.42, a PEG ratio of 1.74 and a beta of 0.98. The stock has a 50 day moving average of $13.19 and a 200 day moving average of $19.21. Trade Desk has a 12 month low of $11.62 and a 12 month high of $43.86.

Trade Desk (NASDAQ:TTD – Get Free Report) last posted its quarterly earnings data on Monday, November 9th. The technology company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.29. The business had revenue of $735.97 million for the quarter, compared to analysts’ expectations of $650.93 million. Trade Desk had a return on equity of 14.36% and a net margin of 11.03%. The business’s revenue was down .5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.45 earnings per share. As a group, equities research analysts predict that Trade Desk will post 0.52 earnings per share for the current year.

Institutional Investors Weigh In On Trade Desk

Several large investors have recently added to or reduced their stakes in TTD. NBH Bank purchased a new stake in Trade Desk during the second quarter valued at about $30,000. Ascentis Independent Advisors bought a new stake in shares of Trade Desk in the first quarter valued at approximately $36,000. EverSource Wealth Advisors LLC raised its position in shares of Trade Desk by 159.1% in the first quarter. EverSource Wealth Advisors LLC now owns 2,031 shares of the technology company’s stock valued at $46,000 after purchasing an additional 1,247 shares during the period. Salomon & Ludwin LLC bought a new stake in shares of Trade Desk in the third quarter valued at approximately $51,000. Finally, South Dakota Investment Council purchased a new stake in shares of Trade Desk during the 1st quarter valued at approximately $54,000. Hedge funds and other institutional investors own 67.77% of the company’s stock.

Key Stories Impacting Trade Desk

These are some of the TTD stories that stood out recently:

Positive Sentiment: TTD generated $153 million in Q3 free cash flow, supported by strong liquidity and cost-cutting efforts—evidence of cash generation even as sales growth slows. Trade Desk’s $153M Q3 Free Cash Flow: Can the Momentum Continue?
Neutral Sentiment: Ratings remain mixed: Piper Sandler maintained a Hold/neutral stance, while other firms reiterated positive ratings or raised targets. This suggests optimism about potential recovery but not broad agreement on near-term upside. Piper Sandler Keeps Their Hold Rating on Trade Desk
Negative Sentiment: Revenue fell 0.5% year over year, a sharp slowdown from the prior-year growth rate. Reports also flagged profit and margin compression, a restructuring charge and questions about revenue composition. The Trade Desk Beats on Revenue, But the Fine Print Matters

About Trade Desk

(Get Free Report)

The Trade Desk, Inc. provides a technology platform that helps advertisers and advertising agencies plan, buy, and measure digital advertising. Its self-service platform uses automated, data-driven tools to help clients purchase advertising inventory across channels such as connected TV, mobile, audio, and display. The company also offers tools for campaign management, audience targeting, measurement, and access to data and advertising inventory. Its platform is designed to help clients manage campaigns across multiple media channels and publishers.