Trade Desk (NASDAQ:TTD) Rating Lowered to “Hold” at Cfra Research

Trade Desk (NASDAQ:TTD) was downgraded by analysts at Cfra Research from a “moderate buy” rating to a “hold” rating in a report issued on Tuesday,Zacks.com reports.

TTD has been the subject of several other reports. Truist Financial set a $60.00 price objective on Trade Desk and gave the stock a “buy” rating in a report on Monday. Cannonball Research upgraded shares of Trade Desk to a “strong-buy” rating in a research report on Monday, January 12th. Bank of America lowered their price target on shares of Trade Desk from $49.00 to $40.00 and set an “underperform” rating on the stock in a research report on Tuesday, January 20th. JMP Securities set a $60.00 price objective on Trade Desk and gave the stock a “market outperform” rating in a research report on Tuesday, September 30th. Finally, Wolfe Research reiterated an “outperform” rating and set a $45.00 target price (down previously from $60.00) on shares of Trade Desk in a report on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, nineteen have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $65.53.

Trade Desk Stock Performance

Trade Desk stock opened at $32.19 on Tuesday. The stock has a 50-day simple moving average of $37.75 and a 200-day simple moving average of $50.20. The company has a market capitalization of $15.57 billion, a P/E ratio of 37.00, a PEG ratio of 1.33 and a beta of 1.11. Trade Desk has a fifty-two week low of $31.83 and a fifty-two week high of $125.80.

Trade Desk (NASDAQ:TTD) last announced its earnings results on Thursday, November 6th. The technology company reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.44 by $0.01. Trade Desk had a net margin of 15.72% and a return on equity of 16.00%. The business had revenue of $739.43 million during the quarter, compared to analysts’ expectations of $719.11 million. During the same period in the prior year, the company earned $0.41 earnings per share. The business’s revenue was up 17.7% compared to the same quarter last year. As a group, analysts forecast that Trade Desk will post 1.06 earnings per share for the current year.

Trade Desk announced that its board has approved a share buyback program on Thursday, November 6th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the technology company to reacquire up to 2.1% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s board believes its shares are undervalued.

Institutional Trading of Trade Desk

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Cornerstone Wealth Group LLC lifted its position in shares of Trade Desk by 2.8% during the 2nd quarter. Cornerstone Wealth Group LLC now owns 4,457 shares of the technology company’s stock valued at $321,000 after acquiring an additional 122 shares during the last quarter. STF Management LP lifted its holdings in shares of Trade Desk by 2.1% during the second quarter. STF Management LP now owns 6,627 shares of the technology company’s stock valued at $477,000 after purchasing an additional 136 shares during the last quarter. Mutual Advisors LLC boosted its position in shares of Trade Desk by 3.5% in the 2nd quarter. Mutual Advisors LLC now owns 4,239 shares of the technology company’s stock valued at $305,000 after purchasing an additional 142 shares during the period. HighMark Wealth Management LLC increased its stake in Trade Desk by 46.2% in the 2nd quarter. HighMark Wealth Management LLC now owns 478 shares of the technology company’s stock worth $34,000 after purchasing an additional 151 shares in the last quarter. Finally, Brighton Jones LLC raised 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 worth $539,000 after buying an additional 169 shares during the period. 67.77% of the stock is currently owned by institutional investors.

Key Headlines Impacting Trade Desk

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

• Positive Sentiment: Tahnil Davis named interim CFO (long-tenured finance executive, continuity in accounting/finance while company searches for a permanent CFO). This may limit operational disruption and reassure some investors. The Trade Desk Announces Tahnil Davis as Interim Chief Financial Officer
• Positive Sentiment: Rosenblatt cut its price target but retained a “buy” rating (PT lowered from $64 to $53), signaling some analysts still view longer-term upside despite near-term shocks. PT Lowered to $53 at Rosenblatt
• Neutral Sentiment: CFRA reaffirmed a “hold” rating with a $40 price target — a mid-point view that suggests some analysts see recovery potential but lack conviction for an outright buy today. CFRA hold rating reaffirmed
• Negative Sentiment: Surprise CFO resignation (Alex Kayyal) and the company’s second CFO transition in under six months spurred investor concern about leadership stability and execution risk. Multiple outlets note the departure as the primary catalyst for the sell-off. Why The Trade Desk Stock Is Plummeting Today
• Negative Sentiment: Several firms cut price targets or downgraded the stock after the CFO exit, accelerating the decline and pushing TTD to a 52-week low. Analyst downgrades increase near-term selling pressure. Trade Desk Hits New 1-Year Low on Analyst Downgrade
• Negative Sentiment: Q4 revenue guidance was issued at roughly $840M versus a consensus ~ $841.4M — a small miss that, combined with the leadership shake-up, reinforced growth/visibility concerns. TTD Stock Falls Amid Market Uptick

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.