Rosenblatt Securities Cuts Trade Desk (NASDAQ:TTD) Price Target to $12.00

Trade Desk (NASDAQ:TTD) had its target price cut by analysts at Rosenblatt Securities from $24.00 to $12.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has a “neutral” rating on the technology company’s stock. Rosenblatt Securities’ price objective indicates a potential downside of 32.09% from the company’s current price.

A number of other research firms have also recently commented on TTD. Susquehanna cut Trade Desk from a “positive” rating to a “neutral” rating in a research note on Friday. Arete Research set a $11.60 target price on shares of Trade Desk and gave the company a “sell” rating in a research report on Tuesday, June 30th. Wedbush set a $21.00 price target on shares of Trade Desk and gave the stock a “neutral” rating in a report on Friday, May 8th. Stifel Nicolaus set a $21.00 price objective on Trade Desk in a report on Friday, May 8th. Finally, UBS Group restated a “buy” rating on shares of Trade Desk in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, twenty-four have assigned a Hold rating and six have assigned a Sell rating to the company. Based on data from MarketBeat.com, Trade Desk currently has an average rating of “Hold” and a consensus price target of $28.46.

Trade Desk Stock Performance

TTD stock opened at $17.67 on Friday. The company has a market capitalization of $8.31 billion, a P/E ratio of 20.08, a price-to-earnings-growth ratio of 0.92 and a beta of 1.04. Trade Desk has a 52-week low of $16.70 and a 52-week high of $91.45. The business has a 50-day simple moving average of $18.97 and a two-hundred day simple moving average of $22.85.

Trade Desk (NASDAQ:TTD) last issued its quarterly earnings data on Thursday, August 6th. The technology company reported $0.34 earnings per share for the quarter, beating the consensus estimate 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 analysts’ expectations of $752.59 million. During the same period last year, the business earned $0.41 EPS. The business’s revenue was up 3.0% on a year-over-year basis. As a group, sell-side analysts forecast that Trade Desk will post 1.17 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Trade Desk news, Director Samantha Jacobson sold 53,681 shares of the business’s stock in a transaction 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 sale, the director directly 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 transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 11.41% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Brighton Jones LLC increased its position in shares of Trade Desk by 3.8% in the fourth quarter. Brighton Jones LLC now owns 4,586 shares of the technology company’s stock valued at $539,000 after acquiring an additional 169 shares during the period. Howard Capital Management Inc. boosted its holdings in shares of Trade Desk by 2.3% during the fourth 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 boosted its holdings in shares of Trade Desk by 3.3% during the second 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 period. Kensington Investment Counsel LLC grew its stake in shares of Trade Desk by 1.0% in the second quarter. Kensington Investment Counsel LLC now owns 36,427 shares of the technology company’s stock worth $2,622,000 after purchasing an additional 362 shares during the last quarter. Finally, New Mexico Educational Retirement Board grew its stake in shares of Trade Desk by 2.0% in the fourth quarter. New Mexico Educational Retirement Board now owns 20,600 shares of the technology company’s stock worth $782,000 after purchasing an additional 400 shares during the last quarter. Hedge funds and other institutional investors own 67.77% of the company’s stock.

More Trade Desk News

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.