Trade Desk (NASDAQ:TTD) Research Coverage Started at BNP Paribas Exane

BNP Paribas Exane initiated coverage on shares of Trade Desk (NASDAQ:TTD) in a research note issued to investors on Wednesday, Marketbeat.com reports. The brokerage issued a neutral rating and a $40.00 price objective on the technology company’s stock.

Several other research firms have also recently commented on TTD. Morgan Stanley cut their price target on Trade Desk from $50.00 to $42.00 and set an “equal weight” rating for the company in a report on Tuesday. Cantor Fitzgerald set a $43.00 price objective on Trade Desk and gave the company a “neutral” rating in a research report on Thursday, January 8th. JMP Securities set a $60.00 target price on Trade Desk and gave the company a “market outperform” rating in a research note on Tuesday, September 30th. Benchmark upgraded shares of Trade Desk from a “hold” rating to a “buy” rating and set a $65.00 price target on the stock in a research note on Friday, November 7th. Finally, Moffett Nathanson raised shares of Trade Desk from a “sell” rating to a “neutral” rating and set a $39.00 price target on the stock in a report on Monday. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, fifteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $67.62.

Trade Desk Price Performance

NASDAQ:TTD opened at $35.48 on Wednesday. Trade Desk has a one year low of $35.23 and a one year high of $126.20. The company has a fifty day moving average price of $38.80 and a 200 day moving average price of $52.47. The stock has a market cap of $17.16 billion, a P/E ratio of 40.78, a PEG ratio of 1.42 and a beta of 1.11.

Trade Desk (NASDAQ:TTD) last posted its quarterly earnings data on Thursday, November 6th. The technology company reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.01. The company had revenue of $739.43 million for the quarter, compared to the consensus estimate of $719.11 million. Trade Desk had a net margin of 15.72% and a return on equity of 16.00%. The business’s revenue was up 17.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.41 EPS. As a group, equities research analysts anticipate that Trade Desk will post 1.06 EPS for the current year.

Trade Desk declared that its Board of Directors has initiated a share buyback plan on Thursday, November 6th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the technology company to repurchase up to 2.1% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s board believes its shares are undervalued.

Institutional Investors Weigh In On Trade Desk

Hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in Trade Desk by 27.7% in the third quarter. Vanguard Group Inc. now owns 56,875,852 shares of the technology company’s stock valued at $2,787,486,000 after buying an additional 12,321,000 shares in the last quarter. State Street Corp raised its stake in shares of Trade Desk by 271.1% in the third quarter. State Street Corp now owns 36,354,274 shares of the technology company’s stock valued at $1,781,723,000 after acquiring an additional 26,559,005 shares during the last quarter. Jennison Associates LLC boosted its holdings in shares of Trade Desk by 17.9% in the 2nd quarter. Jennison Associates LLC now owns 14,267,457 shares of the technology company’s stock worth $1,027,114,000 after acquiring an additional 2,169,252 shares in the last quarter. Geode Capital Management LLC grew its position in Trade Desk by 52.1% during the 2nd quarter. Geode Capital Management LLC now owns 12,314,817 shares of the technology company’s stock worth $884,860,000 after acquiring an additional 4,218,975 shares during the last quarter. Finally, Brown Advisory Inc. increased its holdings in Trade Desk by 2.7% during the 2nd quarter. Brown Advisory Inc. now owns 8,323,522 shares of the technology company’s stock valued at $599,212,000 after purchasing an additional 221,228 shares in the last quarter. Institutional investors and hedge funds own 67.77% of the company’s stock.

Key Stories Impacting Trade Desk

Here are the key news stories impacting Trade Desk this week:

• Positive Sentiment: Stifel reaffirmed The Trade Desk as a sector favorite, which supports the view that some brokers still see TTD as relatively well-positioned in ad tech and could limit downside if ad demand stabilizes. Stifel Reaffirms The Trade Desk, Inc. (TTD) as Sector Favorite Amid Market Volatility
• Positive Sentiment: BNP Paribas moved the stock to a “hold” (reported as an upgrade to hold), signaling some stabilization in broker views versus earlier weaker stances. That can reduce selling pressure compared with outright downgrades. Zacks / Tickerreport coverage noting BNP upgrade
• Neutral Sentiment: Citi reiterated its hold rating on TTD — a neutral stance that maintains analyst coverage but is unlikely to drive positive momentum on its own. Citi Reaffirms Their Hold Rating on Trade Desk (TTD)
• Neutral Sentiment: BNP Paribas Exane initiated coverage on TTD (coverage starts add visibility and model updates; impact depends on the firm’s targets/commentary). Trade Desk (NASDAQ:TTD) Coverage Initiated at BNP Paribas Exane
• Negative Sentiment: Shares hit a fresh 52-week low, a clear technical negative that can trigger momentum selling and reduce investor confidence until clearer signs of ad-spend recovery emerge. The Trade Desk stock hits 52-week low at $35.65
• Negative Sentiment: Morgan Stanley lowered expectations for TTD’s stock price, which can weigh on sentiment and prompt re-rating if other brokers follow. Morgan Stanley Has Lowered Expectations for Trade Desk (NASDAQ:TTD) Stock Price
• Negative Sentiment: Coverage highlighting recent session drops and momentum weakness underscores near-term selling pressure even though the company recently beat revenue and EPS estimates; investors remain focused on guidance and ad-market signals. The Trade Desk (TTD) Stock Drops Despite Market Gains: Important Facts to Note

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.