Trade Desk (NASDAQ:TTD) Given “Neutral” Rating at Wedbush

Trade Desk (NASDAQ:TTD)‘s stock had its “neutral” rating reiterated by stock analysts at Wedbush in a research note issued on Friday,RTT News reports. They currently have a $50.00 price objective on the technology company’s stock. Wedbush’s price objective suggests a potential upside of 16.28% from the stock’s current price. Wedbush also issued estimates for Trade Desk’s Q3 2025 earnings at $0.25 EPS, Q4 2025 earnings at $0.40 EPS, FY2025 earnings at $1.01 EPS, Q1 2026 earnings at $0.38 EPS, Q2 2026 earnings at $0.46 EPS, Q3 2026 earnings at $0.51 EPS, Q4 2026 earnings at $0.72 EPS, FY2026 earnings at $1.22 EPS and FY2027 earnings at $2.31 EPS.

TTD has been the topic of a number of other research reports. Truist Financial cut their price objective on shares of Trade Desk from $100.00 to $85.00 and set a “buy” rating on the stock in a research report on Friday. Needham & Company LLC reduced their price objective on shares of Trade Desk from $84.00 to $60.00 and set a “buy” rating on the stock in a research report on Friday. Benchmark raised shares of Trade Desk from a “hold” rating to a “buy” rating and set a $65.00 price objective for the company in a research note on Friday. Jefferies Financial Group lowered Trade Desk from a “buy” rating to a “hold” rating and dropped their target price for the company from $100.00 to $50.00 in a research report on Monday, August 11th. Finally, HSBC reissued a “hold” rating and set a $56.00 price target on shares of Trade Desk in a research note on Monday, August 11th. Twenty-one investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $79.48.

Trade Desk Trading Down 6.3%

Trade Desk stock traded down $2.90 during trading on Friday, reaching $43.00. The company had a trading volume of 34,219,422 shares, compared to its average volume of 10,097,466. The firm has a market capitalization of $21.02 billion, a price-to-earnings ratio of 49.43, a price-to-earnings-growth ratio of 2.49 and a beta of 1.43. The firm’s 50-day simple moving average is $49.80 and its 200 day simple moving average is $62.63. Trade Desk has a 52 week low of $41.77 and a 52 week high of $141.53.

Trade Desk (NASDAQ:TTD) last announced its quarterly earnings data on Thursday, November 6th. The technology company reported $0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.44 by $0.01. The firm had revenue of $739.43 million during the quarter, compared to analysts’ expectations of $719.11 million. Trade Desk had a net margin of 15.72% and a return on equity of 15.73%. The company’s revenue for the quarter was up 17.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.41 earnings per share. Trade Desk has set its Q4 2025 guidance at EPS. On average, analysts predict that Trade Desk will post 1.06 earnings per share for the current year.

Trade Desk declared that its Board of Directors has approved a share repurchase program on Thursday, November 6th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the technology company to reacquire up to 2.1% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s leadership believes its stock is undervalued.

Insider Activity

In other news, Director Andrea Lee Cunningham sold 1,403 shares of the firm’s stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $48.20, for a total value of $67,624.60. Following the sale, the director directly owned 5,035 shares in the company, valued at approximately $242,687. This trade represents a 21.79% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 10.00% of the company’s stock.

Institutional Investors Weigh In On Trade Desk

Large investors have recently made changes to their positions in the stock. Sound Income Strategies LLC grew its stake in shares of Trade Desk by 317.6% during the 2nd quarter. Sound Income Strategies LLC now owns 355 shares of the technology company’s stock worth $26,000 after purchasing an additional 270 shares during the period. Transce3nd LLC acquired a new stake in Trade Desk during the second quarter valued at $28,000. Twin Peaks Wealth Advisors LLC purchased a new position in Trade Desk in the second quarter valued at $28,000. West Oak Capital LLC boosted its stake in shares of Trade Desk by 466.7% during the 2nd quarter. West Oak Capital LLC now owns 425 shares of the technology company’s stock worth $31,000 after acquiring an additional 350 shares in the last quarter. Finally, Banque Cantonale Vaudoise acquired a new stake in shares of Trade Desk during the 1st quarter valued at about $26,000. 67.77% of the stock is owned by hedge funds and other institutional investors.

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.