Cantor Fitzgerald Has Lowered Expectations for Trade Desk (NASDAQ:TTD) Stock Price

Trade Desk (NASDAQ:TTD) had its price objective dropped by research analysts at Cantor Fitzgerald from $20.00 to $14.00 in a research note issued to investors on Friday,Benzinga reports. The firm presently has a “neutral” rating on the technology company’s stock. Cantor Fitzgerald’s price objective indicates a potential downside of 20.77% from the company’s previous close.

Other research analysts have also issued reports about the stock. Scotiabank set a $20.00 price objective on shares of Trade Desk in a research note on Monday, May 11th. Rothschild & Co Redburn assumed coverage on shares of Trade Desk in a research note on Thursday, May 28th. They set a “sell” rating and a $11.00 price target for the company. Morgan Stanley set a $26.00 price objective on shares of Trade Desk in a research report on Friday, May 8th. Citigroup restated a “neutral” rating on shares of Trade Desk in a research report on Friday, May 8th. Finally, KeyCorp lowered Trade Desk from an “overweight” rating to a “sector weight” rating in a research note on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, twenty-four have given a Hold rating and six have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $28.46.

Trade Desk Price Performance

Shares of TTD stock opened at $17.67 on Friday. The company has a market cap of $8.31 billion, a PE ratio of 20.08, a price-to-earnings-growth ratio of 0.92 and a beta of 1.04. Trade Desk has a 1 year low of $16.70 and a 1 year high of $91.45. The stock’s 50 day simple moving average is $18.97 and its two-hundred day simple moving average is $22.85.

Trade Desk (NASDAQ:TTD) last announced its earnings results on Thursday, August 6th. The technology company reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.16. The firm had revenue of $715.06 million during the quarter, compared to analysts’ expectations of $752.59 million. Trade Desk had a return on equity of 16.91% and a net margin of 14.57%.The company’s quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.41 EPS. Equities research analysts expect that Trade Desk will post 1.17 EPS for the current year.

Insider Transactions at Trade Desk

In related news, Director Samantha Jacobson sold 53,681 shares of the business’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 value of $1,134,816.34. Following the completion of the transaction, the director owned 13,099 shares of the company’s stock, valued at $276,912.86. The trade was a 80.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 11.41% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in TTD. Brighton Jones LLC lifted its holdings in Trade Desk by 3.8% in the fourth quarter. Brighton Jones LLC now owns 4,586 shares of the technology company’s stock worth $539,000 after acquiring an additional 169 shares during the last quarter. Howard Capital Management Inc. raised its position in shares of Trade Desk by 2.3% during the 4th quarter. Howard Capital Management Inc. now owns 12,150 shares of the technology company’s stock worth $461,000 after purchasing an additional 275 shares during the period. Visionary Wealth Advisors lifted its holdings in shares of Trade Desk by 3.3% in the 2nd quarter. Visionary Wealth Advisors now owns 10,119 shares of the technology company’s stock worth $728,000 after purchasing an additional 327 shares during the last quarter. Kensington Investment Counsel LLC boosted its position in Trade Desk by 1.0% during the 2nd quarter. Kensington Investment Counsel LLC now owns 36,427 shares of the technology company’s stock valued at $2,622,000 after purchasing an additional 362 shares during the period. Finally, New Mexico Educational Retirement Board grew its stake in Trade Desk by 2.0% during the 4th quarter. New Mexico Educational Retirement Board now owns 20,600 shares of the technology company’s stock worth $782,000 after buying an additional 400 shares during the last quarter. 67.77% of the stock is currently owned by hedge funds and other institutional investors.

Trade Desk News Summary

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

Trade Desk Company Profile

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.