Oppenheimer Issues Pessimistic Forecast for Trade Desk (NASDAQ:TTD) Stock Price

Trade Desk (NASDAQ:TTD) had its price objective dropped by Oppenheimer from $70.00 to $35.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage presently has an “outperform” rating on the technology company’s stock. Oppenheimer’s target price would suggest a potential upside of 48.32% from the stock’s previous close.

TTD has been the topic of a number of other reports. Loop Capital cut shares of Trade Desk from a “buy” rating to a “hold” rating and reduced their price objective for the company from $75.00 to $25.00 in a research note on Thursday. Moffett Nathanson reiterated a “neutral” rating and issued a $32.00 price objective on shares of Trade Desk in a report on Thursday. Scotiabank restated a “sector perform” rating and set a $32.00 target price on shares of Trade Desk in a research report on Thursday. Truist Financial cut their price target on shares of Trade Desk from $60.00 to $50.00 and set a “buy” rating on the stock in a research report on Thursday. Finally, Evercore reissued an “outperform” rating on shares of Trade Desk in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, sixteen have assigned a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $47.21.

Trade Desk Price Performance

NASDAQ:TTD traded down $1.56 during trading hours on Thursday, reaching $23.60. The company’s stock had a trading volume of 36,286,565 shares, compared to its average volume of 14,755,853. The company has a market cap of $11.41 billion, a price-to-earnings ratio of 27.23, a price-to-earnings-growth ratio of 0.98 and a beta of 1.10. The business’s 50-day moving average is $32.81 and its 200-day moving average is $42.22. Trade Desk has a one year low of $21.08 and a one year high of $91.45.

Trade Desk (NASDAQ:TTD) last issued its quarterly earnings results on Wednesday, February 25th. The technology company reported $0.59 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.59. The company had revenue of $846.79 million for the quarter, compared to the consensus estimate of $840.56 million. Trade Desk had a return on equity of 16.00% and a net margin of 15.72%.The firm’s revenue was up 14.3% compared to the same quarter last year. During the same period last year, the business posted $0.59 earnings per share. On average, sell-side analysts predict that Trade Desk will post 1.06 EPS for the current fiscal year.

Trade Desk announced that its Board of Directors has initiated a stock repurchase plan on Thursday, November 6th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the technology company to buy up to 2.1% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s board of directors believes its stock is undervalued.

Hedge Funds Weigh In On Trade Desk

Several institutional investors and hedge funds have recently made changes to their positions in TTD. Family Legacy Financial Solutions LLC raised its position in Trade Desk by 163.2% during the third quarter. Family Legacy Financial Solutions LLC now owns 500 shares of the technology company’s stock valued at $25,000 after purchasing an additional 310 shares in the last quarter. Versant Capital Management Inc boosted its stake in shares of Trade Desk by 175.8% during the third quarter. Versant Capital Management Inc now owns 524 shares of the technology company’s stock valued at $26,000 after purchasing an additional 334 shares in the last quarter. Root Financial Partners LLC bought a new stake in shares of Trade Desk during the third quarter worth about $26,000. Elevation Wealth Partners LLC increased its stake in shares of Trade Desk by 2,382.8% in the fourth quarter. Elevation Wealth Partners LLC now owns 720 shares of the technology company’s stock valued at $27,000 after buying an additional 691 shares during the period. Finally, Twin Peaks Wealth Advisors LLC bought a new position in Trade Desk in the 2nd quarter valued at approximately $28,000. Institutional investors and hedge funds own 67.77% of the company’s stock.

Key Trade Desk News

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

• Positive Sentiment: The board approved a $350 million share‑repurchase program (≈2.9% of shares outstanding), which signals management thinks the stock is undervalued and can support buyback-driven EPS support. RTT News – Buyback
• Positive Sentiment: Product/market progress: The company rolled out the Ventura Ecosystem (aimed at boosting CTV transparency and CPMs), and audio continues to show momentum as an emerging growth driver — positive for longer-term monetization of CTV/audio inventory. Yahoo Finance – Ventura Ecosystem
• Neutral Sentiment: Q4 results: Revenue rose ~14% to $846.8M (slightly above consensus) and EPS of $0.59 met estimates — a near-term beat but not enough to offset the weaker forward view. Company Press Release / Q4 Slides
• Negative Sentiment: Weak Q1 guidance: TTD guided Q1 revenue below Street expectations (revenue guidance ~$678M vs. consensus ~$687M) and warned of continued pressure from categories like automotive and packaged goods — the soft outlook is the primary reason shares fell today. Proactive – Beats Q4, warns on Q1
• Negative Sentiment: Profitability guidance hit: Management said adjusted EBITDA will be significantly lower (reports say roughly a 50% cut to adjusted EBITDA guidance), which amplified downside because it implies margin pressure even as revenues grow. The Motley Fool – EBITDA Guidance
• Negative Sentiment: Analysts revising views: Multiple firms cut price targets and/or ratings after the print (examples include downgrades/target cuts reported via Benzinga, TipRanks and others), increasing sell‑side uncertainty and pressure on the stock. Benzinga – Analyst Moves
• Negative Sentiment: Market reaction: Heavy premarket/options selling and reports of double‑digit premarket declines reflect short‑term positioning and investor concern about whether Trade Desk can sustain high‑teens revenue growth; this magnifies volatility after the guidance miss. TipRanks – PreMarket Reaction

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.