Trade Desk (NASDAQ:TTD) Lowered to Market Perform Rating by BMO Capital Markets

Trade Desk (NASDAQ:TTD) was downgraded by stock analysts at BMO Capital Markets from an “outperform” rating to a “market perform” rating in a research note issued to investors on Friday, MarketBeat.com reports. They presently have a $15.00 price target on the technology company’s stock. BMO Capital Markets’ price objective would suggest a potential downside of 15.11% from the stock’s previous close.

Several other equities research analysts also recently commented on TTD. Stifel Nicolaus set a $21.00 price objective on Trade Desk in a report on Friday, May 8th. Evercore downgraded shares of Trade Desk from an “outperform” rating to an “in-line” rating and set a $13.00 price target for the company. in a research report on Friday. Weiss Ratings lowered shares of Trade Desk from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, June 16th. Rosenblatt Securities lowered their price objective on shares of Trade Desk from $24.00 to $12.00 and set a “neutral” rating on the stock in a report on Friday. Finally, HSBC upgraded shares of Trade Desk from a “reduce” rating to a “hold” rating and set a $20.00 price objective for the company in a report on Wednesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, twenty-seven have given a Hold rating and seven have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $24.02.

Trade Desk Trading Down 6.8%

Shares of NASDAQ TTD opened at $17.67 on Friday. The firm’s 50-day moving average price is $18.97 and its 200-day moving average price is $22.85. Trade Desk has a 1-year low of $16.70 and a 1-year high of $91.45. The firm has a market capitalization of $8.31 billion, a P/E ratio of 20.08, a P/E/G ratio of 0.92 and a beta of 1.04.

Trade Desk (NASDAQ:TTD) last issued its earnings results on Thursday, August 6th. The technology company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.18 by $0.16. Trade Desk had a return on equity of 16.91% and a net margin of 14.57%.The company had revenue of $715.06 million during the quarter, compared to the consensus estimate of $752.59 million. During the same period last year, the business posted $0.41 EPS. The firm’s revenue for the quarter was up 3.0% compared to the same quarter last year. Equities research analysts forecast that Trade Desk will post 1.17 EPS for the current year.

Insider Buying and Selling

In related news, Director Samantha Jacobson sold 53,681 shares of the stock in a transaction on 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 completion of the sale, 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 position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 11.41% of the company’s stock.

Institutional Trading of Trade Desk

Several institutional investors have recently made changes to their positions in TTD. Root Financial Partners LLC lifted its position in shares of Trade Desk by 219.4% during the first quarter. Root Financial Partners LLC now owns 1,319 shares of the technology company’s stock valued at $30,000 after purchasing an additional 906 shares in the last quarter. Bayforest Capital Ltd purchased a new position in Trade Desk during the fourth quarter worth about $35,000. Ascentis Independent Advisors bought a new stake in Trade Desk in the 1st quarter worth about $36,000. Binnacle Investments Inc bought a new stake in Trade Desk in the 3rd quarter worth about $37,000. Finally, Quarry LP purchased a new stake in Trade Desk in the 4th quarter valued at about $37,000. Institutional investors own 67.77% of the company’s stock.

Trade Desk News Roundup

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

• Positive Sentiment: Adjusted earnings were $0.34 per share, exceeding the $0.18 consensus estimate cited by several outlets. The company also highlighted strong customer retention and continuing relationships with major advertising partners. Trade Desk Stock Slumps After Revenue Misses Forecasts
• Neutral Sentiment: CEO Jeff Green said customers are operating in a “different environment,” citing macroeconomic pressure and execution issues. The comments suggest advertising budgets and the company’s ability to convert demand may remain uneven. TTD Stock Crashes Overnight
• Negative Sentiment: Second-quarter revenue rose only 3% year over year to $715.1 million, missing analyst expectations of approximately $752.6 million. Adjusted earnings were below the $0.41 estimate tracked by Zacks and declined from $0.41 a year earlier, adding to concerns about decelerating profitability. The Trade Desk Misses Q2 Earnings and Revenue Estimates
• Negative Sentiment: Third-quarter revenue guidance of $650 million was reportedly about 19% below consensus expectations. Investors viewed the forecast as a possible indication that The Trade Desk could post its first annual revenue decline since its IPO. The Trade Desk Stock Plunges on Disappointing Earnings
• Negative Sentiment: Profitability also weakened: adjusted EBITDA fell to roughly $241 million, while margin pressure and continued growth concerns overshadowed customer retention and strategic partnerships. The selloff leaves TTD near its 1-year low and below both its 50-day and 200-day moving averages. Trade Desk Sinks on Revenue Miss and Margin Pressure

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.