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Trade Desk's (TTD) "Hold (C)" Rating Reiterated at Weiss Ratings

Trade Desk logo with Computer and Technology background

Key Points

  • Trade Desk's stock is maintained with a "hold (C)" rating by Weiss Ratings, while other analysts have mixed opinions, with BTIG Research downgrading it to "neutral" and Moffett Nathanson rating it as "sell."
  • The company's latest earnings report showed a miss in EPS expectations, posting $0.18 against a consensus of $0.42, despite revenue rising 18.7% year-over-year.
  • Trade Desk is currently trading at $54.07 with a market cap of $26.44 billion and has a consensus rating of "Moderate Buy" with a price target of $84.48.
  • Five stocks to consider instead of Trade Desk.

Trade Desk (NASDAQ:TTD - Get Free Report)'s stock had its "hold (c)" rating reiterated by investment analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

A number of other equities research analysts have also issued reports on TTD. BTIG Research lowered shares of Trade Desk from a "buy" rating to a "neutral" rating in a report on Friday, August 8th. UBS Group cut their price target on shares of Trade Desk from $105.00 to $80.00 and set a "buy" rating on the stock in a research note on Friday, August 15th. Guggenheim set a $55.00 price objective on shares of Trade Desk and gave the stock a "buy" rating in a research report on Monday, September 29th. Moffett Nathanson downgraded shares of Trade Desk from a "neutral" rating to a "sell" rating and set a $45.00 target price on the stock. in a report on Friday, August 8th. Finally, Hsbc Global Res downgraded shares of Trade Desk from a "strong-buy" rating to a "hold" rating in a report on Monday, August 11th. Twenty-one analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, Trade Desk currently has a consensus rating of "Moderate Buy" and an average price target of $84.48.

Read Our Latest Stock Analysis on TTD

Trade Desk Stock Performance

NASDAQ TTD traded up $0.58 on Wednesday, reaching $54.07. 10,837,415 shares of the company's stock traded hands, compared to its average volume of 21,398,828. The firm has a market cap of $26.44 billion, a price-to-earnings ratio of 65.15, a P/E/G ratio of 2.86 and a beta of 1.38. The stock has a 50 day moving average price of $55.11 and a 200-day moving average price of $62.76. Trade Desk has a fifty-two week low of $42.96 and a fifty-two week high of $141.53.

Trade Desk (NASDAQ:TTD - Get Free Report) last released its earnings results on Thursday, August 7th. The technology company reported $0.18 EPS for the quarter, missing analysts' consensus estimates of $0.42 by ($0.24). Trade Desk had a return on equity of 15.19% and a net margin of 15.57%.The company had revenue of $694.04 million for the quarter, compared to analysts' expectations of $686.00 million. During the same period in the prior year, the firm earned $0.39 EPS. The firm'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. As a group, equities research analysts anticipate that Trade Desk will post 1.06 EPS for the current fiscal year.

Insider Activity

In other news, Director Andrea Lee Cunningham sold 1,403 shares of the business's stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $48.20, for a total transaction of $67,624.60. Following the completion of the transaction, the director directly owned 5,035 shares in the company, valued at approximately $242,687. The trade was a 21.79% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jay R. Grant sold 51,290 shares of the company's stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $91.18, for a total value of $4,676,622.20. Following the transaction, the insider directly owned 218,246 shares of the company's stock, valued at approximately $19,899,670.28. This trade represents a 19.03% decrease in their position. The disclosure for this sale can be found here. Insiders own 10.00% of the company's stock.

Institutional Investors Weigh In On Trade Desk

Institutional investors have recently bought and sold shares of the stock. LaFleur & Godfrey LLC purchased a new stake in Trade Desk during the 2nd quarter worth about $5,029,000. Congress Park Capital LLC lifted its stake in shares of Trade Desk by 13.2% in the 2nd quarter. Congress Park Capital LLC now owns 53,781 shares of the technology company's stock valued at $3,872,000 after purchasing an additional 6,257 shares during the period. Swedbank AB lifted its stake in shares of Trade Desk by 32.2% in the 2nd quarter. Swedbank AB now owns 552,260 shares of the technology company's stock valued at $39,757,000 after purchasing an additional 134,620 shares during the period. First Bank & Trust increased its position in Trade Desk by 137.6% during the 2nd quarter. First Bank & Trust now owns 23,166 shares of the technology company's stock valued at $1,668,000 after buying an additional 13,418 shares in the last quarter. Finally, Financiere des Professionnels Fonds d investissement inc. bought a new stake in shares of Trade Desk in the 2nd quarter worth $845,000. Institutional investors own 67.77% of the company's stock.

Trade Desk Company Profile

(Get Free Report)

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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Analyst Recommendations for Trade Desk (NASDAQ:TTD)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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