Trade Desk (NASDAQ:TTD) Lowered to Sector Perform Rating by Royal Bank Of Canada

Trade Desk (NASDAQ:TTD) was downgraded by research analysts at Royal Bank Of Canada from an “outperform” rating to a “sector perform” rating in a report released on Friday, MarketBeat.com reports. They presently have a $15.00 price objective on the technology company’s stock. Royal Bank Of Canada’s price objective suggests a potential downside of 15.11% from the company’s previous close.

Other analysts have also recently issued reports about the stock. UBS Group reissued a “buy” rating on shares of Trade Desk in a research note on Monday. Susquehanna cut shares of Trade Desk from a “positive” rating to a “neutral” rating and set a $14.00 target price on the stock. in a research note on Friday. Citigroup reaffirmed a “neutral” rating on shares of Trade Desk in a report on Friday, May 8th. Needham & Company LLC cut their price target on Trade Desk from $32.00 to $25.00 and set a “buy” rating for the company in a research note on Friday, May 8th. Finally, Guggenheim cut Trade Desk from a “buy” rating to a “neutral” rating in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, twenty-seven have issued a Hold rating and seven have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $24.02.

Trade Desk Trading Down 6.8%

Shares of NASDAQ:TTD opened at $17.67 on Friday. The stock has a 50 day moving average of $18.97 and a 200 day moving average of $22.85. 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 12-month low of $16.70 and a 12-month high of $91.45.

Trade Desk (NASDAQ:TTD) last released its earnings results on Thursday, August 6th. The technology company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.16. Trade Desk had a net margin of 14.57% and a return on equity of 16.91%. The company had revenue of $715.06 million during the quarter, compared to analyst estimates of $752.59 million. During the same period in the prior year, the firm posted $0.41 EPS. The firm’s quarterly revenue was up 3.0% compared to the same quarter last year. Equities research analysts predict 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 Trade Desk 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 sale, the director directly owned 13,099 shares in the company, valued at approximately $276,912.86. The trade was a 80.38% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 11.41% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Brighton Jones LLC grew its stake in Trade Desk by 3.8% during the 4th 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 in the last quarter. Howard Capital Management Inc. lifted its position in shares of Trade Desk by 2.3% in 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 in the last quarter. Visionary Wealth Advisors lifted its position in shares of Trade Desk by 3.3% in 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 in the last quarter. Kensington Investment Counsel LLC boosted its holdings in shares of Trade Desk by 1.0% during 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 period. Finally, New Mexico Educational Retirement Board grew its position in Trade Desk by 2.0% during the fourth quarter. New Mexico Educational Retirement Board now owns 20,600 shares of the technology company’s stock valued at $782,000 after purchasing an additional 400 shares in the last quarter. 67.77% of the stock is owned by hedge funds and other institutional investors.

Trade Desk News Roundup

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.