Trade Desk (NASDAQ:TTD) Stock Moved Up to "Hold" by Wall Street Zen

Key Points

• Wall Street Zen upgraded Trade Desk from “sell” to “hold.” Analyst sentiment remains cautious overall: MarketBeat reports 26 Hold and nine Sell ratings, with an average rating of “Reduce” and a consensus price target of $18.52.
• Trade Desk reported quarterly EPS of $0.33, beating the $0.04 consensus estimate, and revenue of about $736 million, above the $651 million estimate. Revenue was nevertheless down 0.5% year over year.
• The stock opened at $15.68, well below its 52-week high of $42.69. Director Samantha Jacobson also sold 6,042 shares, reducing her stake by 46.13%.

Trade Desk (NASDAQ:TTD - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a research report issued on Saturday, Wall Street Zen reports.

Several other research firms also recently commented on TTD. Cannonball Research downgraded Trade Desk from a "strong-buy" rating to a "neutral" rating and set a $15.00 price objective on the stock. in a report on Friday, August 7th. Piper Sandler increased their target price on Trade Desk from $14.00 to $16.00 and gave the company a "neutral" rating in a report on Wednesday. Zacks Research upgraded Trade Desk from a "strong sell" rating to a "hold" rating in a research report on Friday, October 9th. Cantor Fitzgerald raised their price target on Trade Desk from $14.00 to $15.00 and gave the stock a "neutral" rating in a research report on Wednesday. Finally, Robert W. Baird set a $9.00 price target on Trade Desk and gave the stock a "neutral" rating in a research note on Friday, August 7th. Four equities research analysts have rated the stock with a Buy rating, twenty-six have assigned a Hold rating and nine have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Reduce" and a consensus target price of $18.52.

Trade Desk Stock Performance

TTD stock opened at $15.68 on Friday. The firm has a market cap of $7.37 billion, a P/E ratio of 22.72, a P/E/G ratio of 2.13 and a beta of 0.98. The firm's fifty day moving average is $13.20 and its 200 day moving average is $19.13. Trade Desk has a 52 week low of $11.62 and a 52 week high of $42.69.

Trade Desk (NASDAQ:TTD - Get Free Report) last posted its quarterly earnings results 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. Trade Desk had a net margin of 11.03% and a return on equity of 14.36%. The business had revenue of $735.97 million during the quarter, compared to the consensus estimate of $650.93 million. During the same period in the previous year, the firm posted $0.45 earnings per share. The firm's revenue for the quarter was down .5% on a year-over-year basis. As a group, analysts forecast that Trade Desk will post 0.41 EPS for the current year.

Insider Activity

In other Trade Desk news, Director Samantha Jacobson sold 6,042 shares of the business's stock in a transaction dated Wednesday, November 11th. The shares were sold at an average price of $15.99, for a total value of $96,611.58. Following the transaction, the director owned 7,057 shares in the company, valued at approximately $112,841.43. The trade was a 46.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 11.72% of the company's stock.

Institutional Trading of Trade Desk

A number of institutional investors have recently modified their holdings of the company. Renaissance Technologies LLC increased its holdings in Trade Desk by 59.0% during the 1st quarter. Renaissance Technologies LLC now owns 5,440,541 shares of the technology company's stock valued at $123,446,000 after purchasing an additional 2,018,525 shares during the period. Bank of America Corp DE raised its position in Trade Desk by 33.5% during the 1st quarter. Bank of America Corp DE now owns 4,548,894 shares of the technology company's stock valued at $103,214,000 after purchasing an additional 1,141,704 shares during the last quarter. Amundi raised its position in Trade Desk by 0.6% during the 1st quarter. Amundi now owns 3,056,305 shares of the technology company's stock valued at $69,348,000 after purchasing an additional 17,097 shares during the last quarter. Bank of New York Mellon Corp purchased a new stake in Trade Desk in the 2nd quarter worth approximately $39,750,000. Finally, First Trust Advisors LP lifted its holdings in Trade Desk by 71.6% in the 3rd quarter. First Trust Advisors LP now owns 1,720,036 shares of the technology company's stock worth $20,933,000 after buying an additional 717,493 shares during the period. 67.77% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Trade Desk

Here are a few of the latest headlines about TTD:

• Positive Sentiment: TTD reported about $736 million in Q3 revenue, above guidance, a 36% adjusted EBITDA margin and $153 million in free cash flow. It forecast at least $755 million in Q4 revenue; cost reductions and strong liquidity may help support profitability. Q3 2026 Earnings Call Highlights Trade Desk's Q3 Free Cash Flow
• Neutral Sentiment: A Seeking Alpha opinion piece frames TTD as a possible short-squeeze candidate, which could add volatility, but the headline alone does not establish that a squeeze is underway. The Trade Desk: A Short Squeeze In The Making
• Negative Sentiment: Growth remains a key risk: coverage described revenue as flat or sluggish, and the company is cutting 15% of its workforce amid a turnaround. Analysts also cite competition and revenue quality as concerns. Q3 2026 Earnings Call Highlights Fair Value Bump After Q3 Beat And Cost Cuts

About Trade Desk

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.

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