The Trade Desk (NASDAQ:TTD) Given Average Rating of "Moderate Buy" by Analysts

Key Points

• The Trade Desk (NASDAQ:TTD) has received a consensus rating of "Moderate Buy" from 35 analysts, with 21 recommending a buy, 11 a hold, and 3 a sell.
• The average 12-month price target for Trade Desk shares is $88.58, with varying estimates from different research firms; Macquarie recently boosted their target to $92.00.
• Despite a quarterly earnings miss with an EPS of $0.18, Trade Desk reported revenue of $694.04 million, exceeding analysts' expectations of $686.00 million.

Shares of The Trade Desk (NASDAQ:TTD - Get Free Report) have earned a consensus rating of "Moderate Buy" from the thirty-five analysts that are presently covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, eleven have given a hold recommendation and twenty-one have given a buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $88.5758.

Several research firms have weighed in on TTD. Macquarie boosted their target price on shares of Trade Desk from $90.00 to $92.00 and gave the stock an "outperform" rating in a research report on Monday, May 19th. Wall Street Zen raised Trade Desk from a "sell" rating to a "hold" rating in a research report on Sunday, August 24th. Needham & Company LLC reiterated a "buy" rating and set a $84.00 price target on shares of Trade Desk in a research note on Monday, August 11th. Guggenheim reduced their price objective on Trade Desk from $110.00 to $90.00 and set a "buy" rating for the company in a research note on Friday, May 9th. Finally, Wells Fargo & Company downgraded Trade Desk from an "overweight" rating to an "equal weight" rating and decreased their target price for the stock from $74.00 to $68.00 in a report on Thursday, June 26th.

Insider Buying and Selling

In other news, insider Jay R. Grant sold 51,290 shares of the company's stock in a transaction on Thursday, August 7th. The shares were sold at an average price of $91.18, for a total value of $4,676,622.20. Following the sale, the insider directly owned 218,246 shares of the company's stock, valued at $19,899,670.28. This represents a 19.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 10.00% of the company's stock.

Hedge Funds Weigh In On Trade Desk

Several large investors have recently made changes to their positions in the company. Investment Management Corp VA ADV acquired a new position in shares of Trade Desk in the fourth quarter worth about $25,000. Sound Income Strategies LLC increased its stake in shares of Trade Desk by 317.6% in the 2nd quarter. Sound Income Strategies LLC now owns 355 shares of the technology company's stock valued at $26,000 after purchasing an additional 270 shares in the last quarter. Transce3nd LLC acquired a new position in Trade Desk in the 2nd quarter worth about $28,000. Twin Peaks Wealth Advisors LLC acquired a new position in Trade Desk in the 2nd quarter worth about $28,000. Finally, Park Square Financial Group LLC purchased a new position in Trade Desk during the fourth quarter worth approximately $47,000. 67.77% of the stock is currently owned by institutional investors and hedge funds.

Trade Desk Stock Performance

Shares of Trade Desk stock opened at $55.36 on Friday. The company has a market capitalization of $27.07 billion, a PE ratio of 66.70, a P/E/G ratio of 2.70 and a beta of 1.37. The company has a 50-day simple moving average of $71.19 and a two-hundred day simple moving average of $67.02. Trade Desk has a one year low of $42.96 and a one year high of $141.53.

Trade Desk (NASDAQ:TTD - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The technology company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.24). Trade Desk had a net margin of 15.57% and a return on equity of 15.19%. The business had revenue of $694.04 million for the quarter, compared to analysts' expectations of $686.00 million. During the same quarter in the prior year, the company posted $0.39 EPS. The business's revenue for the quarter was up 18.7% on a year-over-year basis. Trade Desk has set its Q3 2025 guidance at EPS. On average, equities analysts predict that Trade Desk will post 1.06 earnings per share for the current fiscal year.

About Trade Desk

The Trade Desk, Inc operates as a technology company in the United States and internationally. The company offers a self-service cloud-based platform that allows buyers to plan, manage, optimize, and measure data-driven digital advertising campaigns across various ad formats and channels, including video, display, audio, digital-out-of-home, native, and social on various devices, such as computers, mobile devices, televisions, and streaming devices.

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