Wells Fargo & Company Lowers Trade Desk (NASDAQ:TTD) Price Target to $25.00

Trade Desk (NASDAQ:TTD) had its target price cut by stock analysts at Wells Fargo & Company from $42.00 to $25.00 in a research note issued to investors on Thursday,Benzinga reports. The firm presently has an “equal weight” rating on the technology company’s stock. Wells Fargo & Company‘s price objective points to a potential upside of 4.95% from the company’s previous close.

A number of other research firms also recently weighed in on TTD. Citizens Jmp downgraded Trade Desk from an “outperform” rating to a “market perform” rating in a report on Friday, January 23rd. DA Davidson reduced their price target on Trade Desk from $80.00 to $54.00 and set a “buy” rating on the stock in a research report on Monday, November 10th. Stifel Nicolaus lowered their price objective on Trade Desk from $74.00 to $48.00 and set a “buy” rating for the company in a research report on Thursday. Cfra reaffirmed a “hold” rating and issued a $40.00 price objective on shares of Trade Desk in a research note on Tuesday, January 27th. Finally, Rosenblatt Securities reduced their target price on Trade Desk from $53.00 to $36.00 and set a “buy” rating on the stock in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, sixteen have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, Trade Desk currently has a consensus rating of “Hold” and a consensus price target of $44.70.

Trade Desk Price Performance

Shares of NASDAQ TTD opened at $23.82 on Thursday. The company has a 50 day simple moving average of $32.27 and a 200 day simple moving average of $41.89. The firm has a market cap of $11.52 billion, a PE ratio of 26.47, a price-to-earnings-growth ratio of 0.94 and a beta of 1.10. Trade Desk has a 1 year low of $21.08 and a 1 year high of $91.45.

Trade Desk (NASDAQ:TTD) last posted its earnings results on Wednesday, February 25th. The technology company reported $0.59 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.59. The firm had revenue of $846.79 million for the quarter, compared to analyst estimates of $840.56 million. Trade Desk had a net margin of 15.31% and a return on equity of 16.60%. The company’s revenue for the quarter was up 14.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.59 EPS. As a group, research analysts anticipate that Trade Desk will post 1.06 earnings per share for the current fiscal year.

Trade Desk announced that its Board of Directors has approved a stock repurchase plan on Thursday, November 6th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the technology company to reacquire up to 2.1% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s board of directors believes its shares are undervalued.

Hedge Funds Weigh In On Trade Desk

Institutional investors have recently added to or reduced their stakes in the business. STF Management LP grew its position in shares of Trade Desk by 2.1% during the 2nd quarter. STF Management LP now owns 6,627 shares of the technology company’s stock worth $477,000 after buying an additional 136 shares during the period. Brighton Jones LLC boosted its stake in Trade Desk by 3.8% during the fourth quarter. Brighton Jones LLC now owns 4,586 shares of the technology company’s stock worth $539,000 after acquiring an additional 169 shares in the last quarter. M&T Bank Corp grew its holdings in Trade Desk by 0.7% in the second quarter. M&T Bank Corp now owns 27,607 shares of the technology company’s stock worth $1,987,000 after purchasing an additional 194 shares during the period. Parkside Financial Bank & Trust increased its stake in Trade Desk by 52.2% in the second quarter. Parkside Financial Bank & Trust now owns 586 shares of the technology company’s stock valued at $42,000 after purchasing an additional 201 shares in the last quarter. Finally, AE Wealth Management LLC increased its stake in Trade Desk by 5.4% in the second quarter. AE Wealth Management LLC now owns 4,553 shares of the technology company’s stock valued at $328,000 after purchasing an additional 235 shares in the last quarter. 67.77% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Trade Desk

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

• Positive Sentiment: Board authorized a $350 million share repurchase (about 2.9% of shares), signaling management thinks the stock is undervalued. MarketBeat Buyback Report
• Positive Sentiment: Q4 beat: revenue of ~$847M and EPS in line with consensus; core ad businesses (CTV/video) remain large and audio is cited as an emerging growth driver. Proactive Investors Q4 Coverage
• Positive Sentiment: Product roadmap/Kokai platform rollout noted as a potential catalyst that could restore growth and justify valuation after the pullback. Yahoo Valuation/Kokai Article
• Neutral Sentiment: Unusually large options volume — indicates elevated trading/speculation and hedging activity around the stock but not directional confirmation. American Banking News Options Note
• Negative Sentiment: Softer Q1 guidance: management guided Q1 revenue growth below Street expectations (roughly +10% vs. ~12% consensus) and flagged a ~500bps year‑over‑year margin headwind, which spooked investors. Yahoo: Jefferies Reaction & Guidance Note
• Negative Sentiment: Profitability outlook hit: management’s adjusted EBITDA guidance implies a material near‑term cut (one article notes adjusted EBITDA could be halved), increasing short‑term earnings uncertainty. Fool: EBITDA/Guidance Coverage
• Negative Sentiment: Broad analyst repricing: multiple firms cut price targets and ratings after the guidance (examples include Jefferies, Loop, New Street and others), reflecting increased skepticism about near‑term growth and competitive pressure. TipRanks: Analyst Reactions
• Negative Sentiment: Market share and secular worries: coverage highlights slowing growth, competition (notably Amazon), and investor reassessment of the “independent objective ad‑tech” thesis, pressuring multiples. Fool: Competitive/Thesis Coverage

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.