Trade Desk (NASDAQ:TTD) Given New $12.00 Price Target at Rosenblatt Securities

Trade Desk (NASDAQ:TTD) had its target price trimmed by Rosenblatt Securities from $24.00 to $12.00 in a research report released on Friday,Benzinga reports. The firm currently has a neutral rating on the technology company’s stock.

Other equities analysts also recently issued reports about the company. UBS Group reaffirmed a “buy” rating and set a $16.00 price target (down from $28.00) on shares of Trade Desk in a research report on Monday. Arete Research set a $11.60 target price on Trade Desk and gave the stock a “sell” rating in a research note on Tuesday, June 30th. Stifel Nicolaus set a $21.00 price target on Trade Desk in a research note on Friday, May 8th. Robert W. Baird set a $9.00 price target on Trade Desk and gave the stock a “neutral” rating in a research note on Friday. Finally, Morgan Stanley set a $26.00 price objective on shares of Trade Desk in a report on Friday, May 8th. Five research analysts have rated the stock with a Buy rating, twenty-seven have given a Hold rating and seven have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $20.85.

Trade Desk Price Performance

Shares of TTD stock opened at $13.80 on Friday. The stock’s 50-day moving average is $18.82 and its 200 day moving average is $22.79. Trade Desk has a 1-year low of $12.83 and a 1-year high of $57.00. The company has a market cap of $6.49 billion, a P/E ratio of 16.43, a PEG ratio of 0.85 and a beta of 1.04.

Trade Desk (NASDAQ:TTD) last announced its earnings results on Thursday, May 7th. The technology company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.24). Trade Desk had a return on equity of 16.19% and a net margin of 13.61%.The firm had revenue of $688.86 million during the quarter, compared to the consensus estimate of $678.87 million. During the same quarter in the prior year, the firm posted $0.33 earnings per share. The business’s revenue for the quarter was up 11.8% compared to the same quarter last year. On average, analysts anticipate that Trade Desk will post 1.17 EPS for the current year.

Insiders Place Their Bets

In other news, Director Samantha Jacobson sold 53,681 shares of the stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $21.14, for a total value of $1,134,816.34. Following the transaction, the director directly owned 13,099 shares of the company’s stock, valued at approximately $276,912.86. This represents a 80.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 11.41% of the company’s stock.

Hedge Funds Weigh In On Trade Desk

Institutional investors have recently bought and sold shares of the business. Brighton Jones LLC grew its holdings 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 buying an additional 169 shares during the last quarter. Howard Capital Management Inc. raised its holdings 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 acquiring an additional 275 shares during the last quarter. Visionary Wealth Advisors raised its holdings 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 acquiring an additional 327 shares during the last quarter. Kensington Investment Counsel LLC lifted its position 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 valued at $2,622,000 after acquiring an additional 362 shares in the last quarter. Finally, New Mexico Educational Retirement Board lifted its position 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 valued at $782,000 after acquiring 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 Summary

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

• Positive Sentiment: Customer retention remained strong, and management highlighted ongoing product improvements and major advertising partnerships. CEO Jeff Green has also reportedly purchased shares, potentially signaling confidence in the long-term opportunity. TTD Stock Sinks Over 26% On Earnings Miss, Weak Outlook
• Neutral Sentiment: Analysts substantially reduced price targets and ratings following the release. Needham retained a Buy rating with a $19 target, while other targets ranged from $12 to $15, reflecting significant disagreement over whether the selloff creates value or signals a prolonged downturn. The Trade Desk downgraded by Susquehanna
• Negative Sentiment: Second-quarter revenue rose only 3% year over year to approximately $715 million, below the roughly $753 million consensus estimate. Adjusted EPS was 34 cents; although estimates vary, several reports characterized profit as below expectations and noted that EPS declined from 41 cents a year earlier. Trade Desk Stock Slumps After Revenue Misses Forecasts
• Negative Sentiment: Third-quarter revenue guidance of about $650 million was well below Wall Street expectations and implies a potential year-over-year revenue decline—the first such decline forecast since the company’s IPO. The outlook suggests that weak consumer spending, tariffs, oil prices and cautious spending by large brands are affecting advertising budgets. Trade Desk shares plunge on weak revenue, guidance miss
• Negative Sentiment: Management acknowledged execution gaps and a changing customer environment, while profitability also weakened: adjusted EBITDA fell to approximately $241 million and margins contracted. The rapid restructuring of the C-suite added to investor uncertainty about execution and leadership stability. TTD Q2 Earnings Call Flags Execution Gaps and Cautious Q3 Guide

About Trade Desk

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.