Trade Desk (NASDAQ:TTD) Price Target Cut to $19.00 by Analysts at Needham & Company LLC

Posted by Brian Himes on Aug 8th, 2026

Trade Desk (NASDAQ:TTD – Free Report) had its price objective cut by Needham & Company LLC from $25.00 to $19.00 in a report issued on Friday,Benzinga reports. They currently have a buy rating on the technology company’s stock.

TTD has been the subject of several other research reports. Arete Research set a $11.60 price objective on shares of Trade Desk and gave the company a “sell” rating in a research note on Tuesday, June 30th. Piper Sandler reissued a “neutral” rating and set a $24.00 target price on shares of Trade Desk in a research report on Friday, May 8th. William Blair lowered Trade Desk from an “outperform” rating to a “market perform” rating in a report on Friday, May 8th. Stifel Nicolaus set a $21.00 price target on Trade Desk in a research report on Friday, May 8th. Finally, Susquehanna downgraded Trade Desk from a “positive” rating to a “neutral” rating and decreased their price target for the stock from $34.00 to $14.00 in a research note on Friday. Five equities research analysts have rated the stock with a Buy rating, twenty-seven have assigned a Hold rating and seven have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus target price of $20.85.

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Trade Desk Stock Performance

Shares of TTD opened at $13.80 on Friday. The firm has a market cap of $6.49 billion, a PE ratio of 16.43, a PEG ratio of 0.85 and a beta of 1.04. The firm’s 50 day moving average price is $18.82 and its 200 day moving average price is $22.79. Trade Desk has a twelve month low of $12.83 and a twelve month high of $57.00.

Trade Desk (NASDAQ:TTD – Get Free Report) last posted its earnings results on Thursday, May 7th. The technology company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.24). Trade Desk had a return on equity of 16.19% and a net margin of 13.61%.The business had revenue of $688.86 million during the quarter, compared to the consensus estimate of $678.87 million. During the same period in the prior year, the firm earned $0.33 earnings per share. The business’s revenue was up 11.8% on a year-over-year basis. On average, sell-side analysts anticipate that Trade Desk will post 1.17 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Trade Desk news, Director Samantha Jacobson sold 53,681 shares of the business’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 transaction, the director owned 13,099 shares of the company’s stock, valued at $276,912.86. The trade was a 80.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 11.41% of the stock is owned by company insiders.

Hedge Funds Weigh In On Trade Desk

Institutional investors have recently made changes to their positions in the business. Trust Co. of Vermont bought a new position in shares of Trade Desk in the second quarter worth about $111,000. Bank of New York Mellon Corp bought a new stake in Trade Desk during the 2nd quarter valued at approximately $39,750,000. Trust Asset Management LLC acquired a new stake in Trade Desk in the 2nd quarter valued at approximately $88,000. Tema ETFs LLC increased its position in Trade Desk by 9.5% in the 2nd quarter. Tema ETFs LLC now owns 8,360 shares of the technology company’s stock worth $151,000 after buying an additional 725 shares during the period. Finally, LVM Capital Management Ltd. MI bought a new position in Trade Desk in the 2nd quarter worth approximately $578,000. 67.77% of the stock is currently owned by institutional investors.

Trending Headlines about Trade Desk

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

Positive Sentiment: Customer retention remained strong, and management highlighted ongoing product improvements and major advertising partnerships. CEO Jeff Green has also reportedly purchased shares, potentially signaling confidence in the long-term opportunity. TTD Stock Sinks Over 26% On Earnings Miss, Weak Outlook
Neutral Sentiment: Analysts substantially reduced price targets and ratings following the release. Needham retained a Buy rating with a $19 target, while other targets ranged from $12 to $15, reflecting significant disagreement over whether the selloff creates value or signals a prolonged downturn. The Trade Desk downgraded by Susquehanna
Negative Sentiment: Second-quarter revenue rose only 3% year over year to approximately $715 million, below the roughly $753 million consensus estimate. Adjusted EPS was 34 cents; although estimates vary, several reports characterized profit as below expectations and noted that EPS declined from 41 cents a year earlier. Trade Desk Stock Slumps After Revenue Misses Forecasts
Negative Sentiment: Third-quarter revenue guidance of about $650 million was well below Wall Street expectations and implies a potential year-over-year revenue decline—the first such decline forecast since the company’s IPO. The outlook suggests that weak consumer spending, tariffs, oil prices and cautious spending by large brands are affecting advertising budgets. Trade Desk shares plunge on weak revenue, guidance miss
Negative Sentiment: Management acknowledged execution gaps and a changing customer environment, while profitability also weakened: adjusted EBITDA fell to approximately $241 million and margins contracted. The rapid restructuring of the C-suite added to investor uncertainty about execution and leadership stability. TTD Q2 Earnings Call Flags Execution Gaps and Cautious Q3 Guide

About Trade Desk

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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.