Where Trade Desk Stands With Analysts

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27 analysts have expressed a variety of opinions on Trade Desk TTD over the past quarter, offering a diverse set of opinions from bullish to bearish.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 7 18 0 0 2
Last 30D 0 1 0 0 0
1M Ago 1 5 0 0 0
2M Ago 0 5 0 0 0
3M Ago 6 7 0 0 2

Analysts have recently evaluated Trade Desk and provided 12-month price targets. The average target is $136.56, accompanied by a high estimate of $155.00 and a low estimate of $57.00. This upward trend is apparent, with the current average reflecting a 10.84% increase from the previous average price target of $123.20.

price target chart

Analyzing Analyst Ratings: A Detailed Breakdown

The perception of Trade Desk by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Alec Brondolo Wells Fargo Raises Overweight $142.00 $141.00
Aleksey Yefremov Keybanc Raises Overweight $140.00 $130.00
Scott Devitt Wedbush Raises Outperform $145.00 $135.00
Matthew Swanson RBC Capital Raises Outperform $140.00 $136.00
Shweta Khajuria Wolfe Research Raises Outperform $155.00 $140.00
Scott Devitt Wedbush Maintains Outperform $135.00 $135.00
Youssef Squali Truist Securities Raises Buy $155.00 $135.00
Scott Devitt Wedbush Maintains Outperform $135.00 $135.00
Nat Schindler Scotiabank Announces Sector Outperform $133.00 -
Tim Nollen Macquarie Raises Outperform $150.00 $133.00
Shweta Khajuria Evercore ISI Group Raises Outperform $135.00 $110.00
Shyam Patil Susquehanna Maintains Positive $150.00 $150.00
Rob Sanderson Loop Capital Raises Buy $145.00 $120.00
Tom White DA Davidson Raises Buy $134.00 $108.00
Tim Nollen Macquarie Raises Outperform $133.00 $130.00
Chris Kuntarich UBS Raises Buy $150.00 $140.00
Jason Helfstein Oppenheimer Raises Outperform $135.00 $120.00
Scott Devitt Wedbush Raises Outperform $135.00 $115.00
Shyam Patil Susquehanna Raises Positive $150.00 $135.00
Youssef Squali Truist Securities Raises Buy $135.00 $120.00
Mark Zgutowicz Benchmark Maintains Sell $57.00 $57.00
Matt Farrell Piper Sandler Raises Overweight $140.00 $110.00
Vikram Kesavabhotla Baird Raises Outperform $140.00 $130.00
Clark Lampen BTIG Raises Buy $142.00 $114.00
Dan Salmon New Street Research Maintains Sell $86.00 $86.00
Alec Brondolo Wells Fargo Announces Overweight $150.00 -
Ygal Arounian Citigroup Raises Buy $140.00 $115.00

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Trade Desk. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Trade Desk compared to the broader market.
  • Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Trade Desk's stock. This examination reveals shifts in analysts' expectations over time.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Trade Desk's market position. Stay informed and make well-informed decisions with our Ratings Table.

Stay up to date on Trade Desk analyst ratings.

About Trade Desk

The Trade Desk provides a self-service platform that helps advertisers and ad agencies programmatically find and purchase digital ad inventory (display, video, audio, and social) on different devices like computers, smartphones, and connected TVs. It utilizes data to optimize the performance of ad impressions purchased. The firm's platform is referred to as a demand-side platform in the digital ad industry. The firm generates its revenue from fees based on a percentage of what its clients spend on advertising.

Trade Desk's Economic Impact: An Analysis

Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.

Revenue Growth: Trade Desk displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 27.32%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Communication Services sector.

Net Margin: Trade Desk's net margin is impressive, surpassing industry averages. With a net margin of 14.99%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): Trade Desk's ROE stands out, surpassing industry averages. With an impressive ROE of 3.74%, the company demonstrates effective use of equity capital and strong financial performance.

Return on Assets (ROA): Trade Desk's ROA stands out, surpassing industry averages. With an impressive ROA of 1.77%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: Trade Desk's debt-to-equity ratio is below the industry average. With a ratio of 0.11, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

The Basics of Analyst Ratings

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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