Trade Desk (NASDAQ:TTD) Given New $12.00 Price Target at Rosenblatt Securities

Key Points

• Rosenblatt Securities cut Trade Desk’s price target to $12 from $24 and maintained a “neutral” rating, implying roughly 32% downside from the stock’s reported $17.67 price.
• Analyst sentiment has weakened, with several firms downgrading the shares; Trade Desk has an overall “Hold” consensus rating and an average price target of $28.46.
• The stock was trading near its 12-month low after falling 6.8%. Although quarterly EPS of $0.34 exceeded the $0.18 consensus estimate, revenue of $715.1 million grew just 3% year over year and missed expectations of about $752.6 million.

Trade Desk (NASDAQ:TTD - Get Free Report) had its price target cut by investment analysts at Rosenblatt Securities from $24.00 to $12.00 in a research report issued on Friday,Benzinga reports. The brokerage presently has a "neutral" rating on the technology company's stock. Rosenblatt Securities' price target would suggest a potential downside of 32.09% from the stock's current price.

Several other equities analysts have also weighed in on TTD. William Blair lowered shares of Trade Desk from an "outperform" rating to a "market perform" rating in a research report on Friday, May 8th. Wells Fargo & Company set a $20.00 price objective on shares of Trade Desk and gave the stock an "equal weight" rating in a research report on Friday, May 8th. Susquehanna lowered Trade Desk from a "positive" rating to a "neutral" rating in a research note on Friday. Raymond James Financial lowered Trade Desk from a "market perform" rating to an "underperform" rating in a report on Friday. Finally, Citigroup restated a "neutral" rating on shares of Trade Desk in a research note on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, twenty-four have assigned a Hold rating and six have given a Sell rating to the stock. According to MarketBeat, Trade Desk currently has an average rating of "Hold" and a consensus target price of $28.46.

Trade Desk Trading Down 6.8%

Shares of NASDAQ TTD opened at $17.67 on Friday. Trade Desk has a 12 month low of $16.70 and a 12 month high of $91.45. The stock has a 50 day moving average of $18.97 and a 200-day moving average of $22.85. The company has a market capitalization of $8.31 billion, a P/E ratio of 20.08, a P/E/G ratio of 0.92 and a beta of 1.04.

Trade Desk (NASDAQ:TTD - Get Free Report) last posted its earnings results on Thursday, August 6th. The technology company reported $0.34 earnings per share for the quarter, topping analysts' consensus estimates of $0.18 by $0.16. Trade Desk had a return on equity of 16.91% and a net margin of 14.57%.The business had revenue of $715.06 million for the quarter, compared to analyst estimates of $752.59 million. During the same period in the previous year, the firm earned $0.41 EPS. The firm's revenue was up 3.0% compared to the same quarter last year. Analysts predict that Trade Desk will post 1.17 EPS for the current fiscal year.

Insider Activity at Trade Desk

In related news, Director Samantha Jacobson sold 53,681 shares of the company's stock in a transaction that occurred 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 directly owned 13,099 shares in the company, valued at $276,912.86. This represents a 80.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 11.41% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in TTD. State Street Corp increased its stake in shares of Trade Desk by 271.1% in the third quarter. State Street Corp now owns 36,354,274 shares of the technology company's stock valued at $1,781,723,000 after buying an additional 26,559,005 shares during the period. Invesco Ltd. boosted its position in Trade Desk by 101.0% during the third quarter. Invesco Ltd. now owns 6,807,971 shares of the technology company's stock valued at $333,659,000 after acquiring an additional 3,421,074 shares during the last quarter. Renaissance Technologies LLC grew its stake in Trade Desk by 59.0% during the first quarter. Renaissance Technologies LLC now owns 5,440,541 shares of the technology company's stock worth $123,446,000 after purchasing an additional 2,018,525 shares during the period. Norges Bank bought a new stake in shares of Trade Desk in the 4th quarter valued at $197,550,000. Finally, Federated Hermes Inc. raised its holdings in shares of Trade Desk by 1,041.1% during the fourth quarter. Federated Hermes Inc. now owns 4,710,847 shares of the technology company's stock valued at $178,824,000 after purchasing an additional 4,298,009 shares during the period. Institutional investors and hedge funds own 67.77% of the company's stock.

Key Headlines Impacting Trade Desk

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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