Trade Desk (NASDAQ:TTD) Downgraded to “Hold” Rating by Robert W. Baird

Robert W. Baird cut shares of Trade Desk (NASDAQ:TTD) from a strong-buy rating to a hold rating in a research report released on Friday,Zacks.com reports.

Other analysts have also issued research reports about the stock. Cantor Fitzgerald cut their price objective on shares of Trade Desk from $20.00 to $14.00 and set a “neutral” rating on the stock in a research report on Friday. William Blair lowered shares of Trade Desk from an “outperform” rating to a “market perform” rating in a research note on Friday, May 8th. Evercore cut shares of Trade Desk from an “outperform” rating to an “in-line” rating and set a $13.00 price target on the stock. in a research report on Friday. Oppenheimer cut Trade Desk from an “outperform” rating to a “market perform” rating in a report on Friday, May 8th. Finally, Arete Research set a $11.60 target price on Trade Desk and gave the company a “sell” rating in a research report on Tuesday, June 30th. Five 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 an average rating of “Reduce” and a consensus target price of $20.85.

Trade Desk Stock Performance

Shares of Trade Desk stock opened at $13.80 on Friday. The firm has a market cap of $6.49 billion, a PE ratio of 16.43, a P/E/G ratio of 0.85 and a beta of 1.04. The business’s 50 day simple moving average is $18.82 and its 200 day simple moving average is $22.79. Trade Desk has a 52-week low of $12.83 and a 52-week high of $57.00.

Trade Desk (NASDAQ:TTD) last released its quarterly earnings results on Thursday, May 7th. The technology company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.24). The firm had revenue of $688.86 million for the quarter, compared to analyst estimates of $678.87 million. Trade Desk had a return on equity of 16.19% and a net margin of 13.61%.The company’s revenue was up 11.8% compared to the same quarter last year. During the same period last year, the company earned $0.33 EPS. As a group, equities research analysts predict that Trade Desk will post 1.17 EPS for the current year.

Insider Transactions at Trade Desk

In other Trade Desk news, Director Samantha Jacobson sold 53,681 shares of the stock in a transaction on Thursday, May 28th. The shares were 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 owned 13,099 shares in the company, valued at $276,912.86. This trade represents a 80.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 11.41% of the company’s stock.

Institutional Investors Weigh In On Trade Desk

A number of institutional investors and hedge funds have recently modified their holdings of TTD. Nicholas Company Inc. increased its holdings in shares of Trade Desk by 14.3% during the fourth quarter. Nicholas Company Inc. now owns 1,016,743 shares of the technology company’s stock worth $38,596,000 after purchasing an additional 127,049 shares during the period. Ashton Thomas Private Wealth LLC boosted its stake in shares of Trade Desk by 272.9% in the fourth quarter. Ashton Thomas Private Wealth LLC now owns 68,607 shares of the technology company’s stock valued at $2,604,000 after buying an additional 50,209 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Trade Desk by 235.4% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 588,250 shares of the technology company’s stock worth $22,330,000 after buying an additional 412,842 shares in the last quarter. PFA Pension Forsikringsaktieselskab acquired a new stake in Trade Desk during the fourth quarter worth approximately $13,042,000. Finally, KBC Group NV increased its stake in Trade Desk by 20.3% during the 4th quarter. KBC Group NV now owns 609,285 shares of the technology company’s stock worth $23,128,000 after acquiring an additional 102,677 shares during the period. 67.77% of the stock is owned by institutional investors.

Key Trade Desk News

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.