Trade Desk’s (TTD) Neutral Rating Reiterated at DA Davidson

DA Davidson reaffirmed their neutral rating on shares of Trade Desk (NASDAQ:TTD) in a report issued on Monday morning, MarketBeat Ratings reports. DA Davidson currently has a $16.00 target price on the technology company’s stock, down from their prior target price of $29.00.

Other research analysts have also issued research reports about the company. HSBC lowered Trade Desk from a “hold” rating to a “reduce” rating and set a $10.00 target price for the company. in a report on Monday. Oppenheimer downgraded shares of Trade Desk from an “outperform” rating to a “market perform” rating in a report on Friday, May 8th. Raymond James Financial lowered shares of Trade Desk from a “market perform” rating to an “underperform” rating in a research report on Friday, August 7th. Wolfe Research reaffirmed an “outperform” rating and set a $16.00 price objective on shares of Trade Desk in a research note on Friday, August 7th. Finally, Truist Financial set a $16.00 target price on shares of Trade Desk and gave the stock a “hold” rating in a report on Friday, August 7th. Four equities research analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and nine have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus target price of $19.33.

Trade Desk Stock Performance

Shares of NASDAQ TTD opened at $13.49 on Monday. Trade Desk has a fifty-two week low of $12.83 and a fifty-two week high of $56.39. The stock has a market cap of $6.34 billion, a PE ratio of 16.06, a price-to-earnings-growth ratio of 0.69 and a beta of 1.04. The stock has a fifty day moving average of $18.33 and a 200-day moving average of $22.23.

Insider Buying and Selling at Trade Desk

In related news, Director Samantha Jacobson sold 53,681 shares of the company’s stock in a transaction that occurred 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 transaction, the director directly owned 13,099 shares in the company, valued at approximately $276,912.86. This represents a 80.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 11.41% of the company’s stock.

Hedge Funds Weigh In On Trade Desk

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Trust Co. of Vermont purchased a new stake in shares of Trade Desk during the 2nd quarter valued at $111,000. Bank of New York Mellon Corp purchased a new position in Trade Desk in the second quarter worth $39,750,000. Trust Asset Management LLC purchased a new position in Trade Desk in the second quarter worth $88,000. Tema ETFs LLC increased its stake in Trade Desk by 9.5% in the second quarter. Tema ETFs LLC now owns 8,360 shares of the technology company’s stock valued at $151,000 after acquiring an additional 725 shares during the last quarter. Finally, LVM Capital Management Ltd. MI bought a new position in Trade Desk in the second quarter valued at $578,000. Hedge funds and other institutional investors own 67.77% of the company’s stock.

More Trade Desk News

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

• Positive Sentiment: TTD’s valuation has fallen to roughly five-year lows, which could attract investors if management can stabilize growth. Longer-term opportunities in connected TV and retail media remain potential catalysts. Is TTD Worth Buying as Cheap Valuation Clashes With Execution Risk?
• Neutral Sentiment: Unusually large options activity indicates elevated investor interest and potentially higher volatility, but it does not establish a clear directional signal. Trade Desk Target of Unusually Large Options Trading
• Neutral Sentiment: DA Davidson maintained a “Neutral” rating, while Morgan Stanley issued a “Hold,” suggesting analysts see limited near-term upside pending evidence of an operating recovery. DA Davidson Reaffirms Neutral Rating Trade Desk Receives a Hold from Morgan Stanley
• Negative Sentiment: Second-quarter revenue rose only 3% year over year to $715.1 million and missed Wall Street expectations. Adjusted earnings of $0.34 per share were also 15.1% below consensus. TTD Q2 Deep Dive: Macro Headwinds and Execution Shortfalls Shape Outlook
• Negative Sentiment: Third-quarter revenue guidance of $650 million was approximately 19% below analysts’ estimates, intensifying concerns about advertiser demand, macroeconomic pressure, weaker margins and execution gaps. Why The Trade Desk Shares Are Plunging Today
• Negative Sentiment: BNP Paribas Exane downgraded TTD to “Underperform,” adding to the negative analyst backdrop and contributing to the recent sell-off. Trade Desk Rating Lowered to Underperform
• Negative Sentiment: Commentary increasingly characterizes TTD as a turnaround story rather than a predictable high-growth company. Competition from AWS-backed advertising technology partnerships, including AWS and Warner Bros. Discovery, could add further strategic pressure. Can The Trade Desk Fend Off A New Digital Media Push?

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.