Trade Desk (NASDAQ:TTD) Given New $14.00 Price Target at Cantor Fitzgerald

Key Points

• Cantor Fitzgerald cut Trade Desk’s price target from $20 to $14 and maintained a neutral rating, implying roughly 20.8% downside from the prior close. The broader analyst consensus is also “Hold,” with an average target of $28.46.
• Trade Desk shares fell 6.8% and remain near their 52-week low, trading below both the 50-day and 200-day moving averages.
• The company beat quarterly EPS expectations at $0.34 versus $0.18, but revenue of $715.1 million missed the $752.6 million estimate and rose just 3% year over year, raising concerns about slowing growth and profitability.

Trade Desk (NASDAQ:TTD - Get Free Report) had its target price reduced by analysts at Cantor Fitzgerald from $20.00 to $14.00 in a report released on Friday,Benzinga reports. The brokerage currently has a "neutral" rating on the technology company's stock. Cantor Fitzgerald's price target would suggest a potential downside of 20.77% from the stock's previous close.

Several other research firms have also issued reports on TTD. Guggenheim lowered Trade Desk from a "buy" rating to a "neutral" rating in a report on Friday. Citigroup reaffirmed a "neutral" rating on shares of Trade Desk in a research report on Friday, May 8th. Susquehanna downgraded Trade Desk from a "positive" rating to a "neutral" rating in a research note on Friday. Wolfe Research reissued an "outperform" rating and issued a $16.00 target price on shares of Trade Desk in a report on Friday. Finally, Oppenheimer downgraded shares of Trade Desk from an "outperform" rating to a "market perform" rating in a report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, twenty-four have given a Hold rating and six have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $28.46.

Trade Desk Trading Down 6.8%

TTD opened at $17.67 on Friday. Trade Desk has a 1-year low of $16.70 and a 1-year high of $91.45. The company has a market capitalization of $8.31 billion, a PE ratio of 20.08, a PEG ratio of 0.92 and a beta of 1.04. The firm's 50 day simple moving average is $18.97 and its two-hundred day simple moving average is $22.85.

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

Insiders Place Their Bets

In other Trade Desk news, Director Samantha Jacobson sold 53,681 shares of the 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 sale, the director directly owned 13,099 shares of the company's stock, valued at $276,912.86. This trade represents a 80.38% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 11.41% of the stock is owned by insiders.

Hedge Funds Weigh In On Trade Desk

Several institutional investors have recently bought and sold shares of TTD. Bank of New York Mellon Corp bought a new stake in Trade Desk in the 2nd quarter valued at $39,750,000. Trust Asset Management LLC bought a new stake in shares of Trade Desk in the second quarter worth about $88,000. Tema ETFs LLC lifted its position in shares of Trade Desk by 9.5% in the second quarter. Tema ETFs LLC now owns 8,360 shares of the technology company's stock worth $151,000 after buying an additional 725 shares in the last quarter. LVM Capital Management Ltd. MI bought a new position in Trade Desk during the second quarter valued at approximately $578,000. Finally, Deane Retirement Strategies Inc. purchased a new position in Trade Desk during the 2nd quarter valued at approximately $2,101,000. 67.77% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about 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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