Trade Desk (TTD) Stock Forecast & Price Target

$109.27

-0.38 (-0.35%)

(As of 02:49 PM ET)

Trade Desk - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 29 Analyst Ratings

Sell
1

Hold
4

Buy
24

Based on 29 Wall Street analysts who have issued ratings for Trade Desk in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 29 analysts, 1 has given a sell rating, 4 have given a hold rating, 23 have given a buy rating, and 1 has given a strong buy rating for TTD.

Consensus Price Target

$109.43
0.15% Upside

According to the 29 analysts' twelve-month price targets for Trade Desk, the average price target is $109.43. The highest price target for TTD is $135.00, while the lowest price target for TTD is $57.00. The average price target represents a forecasted upside of 0.15% from the current price of $109.27.

Get the Latest News and Ratings for TTD and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Trade Desk and its competitors.

TTD Analyst Ratings Over Time

Type	Current Forecast 10/2/23 to 10/1/24	1 Month Ago 9/2/23 to 9/1/24	3 Months Ago 7/4/23 to 7/3/24	1 Year Ago 10/2/22 to 10/2/23
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	23 Buy rating(s)	24 Buy rating(s)	23 Buy rating(s)	21 Buy rating(s)
Hold	4 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)	1 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	2 Sell rating(s)	3 Sell rating(s)
Consensus Price Target	$109.43	$107.72	$93.69	$87.04
Forecasted Upside	0.15% Upside	3.05% Upside	-5.81% Downside	11.15% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

$20 = Ounce of Gold? (Ad)

I've discovered a way to get exposure to MORE than an ounce of gold... for under $20. It's not bullion. It's not ETFs. And it's certainly not crypto.

Click here to find out why this is my favorite gold stock.

TTD Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

TTD Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Trade Desk Stock vs. The Competition

Type	Trade Desk	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.83	2.65	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Hold
Predicted Upside	-0.55% Downside	1,685.10% Upside	6.15% Upside
News Sentiment Rating	Neutral News See Recent TTD News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/1/2024	Needham & Company LLC 2 of 5 stars		Boost Target	Buy ➝ Buy	$115.00 ➝ $125.00	+14.00%
9/30/2024	Cantor Fitzgerald 3 of 5 stars	D. Mathivanan Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral ➝ Neutral	$110.00 ➝ $110.00	+0.63%
9/23/2024	Moffett Nathanson 2 of 5 stars	M. Nathanson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral	$100.00	-8.68%
9/12/2024	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Devitt Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Outperform	$110.00 ➝ $115.00	+10.05%
9/4/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$135.00	+33.70%
8/26/2024	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$109.00 ➝ $120.00	+14.24%
Get the Latest News and Ratings for TTD and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Trade Desk and its competitors with MarketBeat's FREE daily newsletter.
8/12/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$110.00 ➝ $130.00	+30.92%
8/9/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$112.00 ➝ $115.00	+15.81%
8/9/2024	Macquarie Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$115.00 ➝ $115.00	+15.81%
8/9/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$110.00 ➝ $120.00	+21.41%
8/9/2024	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$110.00 ➝ $114.00	+17.63%
8/9/2024	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sell ➝ Sell	$49.00 ➝ $57.00	-40.85%
8/9/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$105.00 ➝ $108.00	+13.05%
8/9/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$105.00 ➝ $111.00	+25.75%
8/9/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$105.00 ➝ $115.00	+30.28%
8/9/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Positive ➝ Positive	$110.00 ➝ $135.00	+52.94%
8/6/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Mahaney Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
7/23/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$100.00 ➝ $110.00	+8.55%
7/16/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Khajuria Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$115.00	+14.90%
7/15/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$105.00 ➝ $120.00	+20.63%
6/11/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Overweight ➝ Overweight	$110.00 ➝ $110.00	+18.11%
5/9/2024	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$95.00 ➝ $104.00	+17.29%
5/9/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$107.00 ➝ $108.00	+22.30%
5/2/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$95.00 ➝ $105.00	+22.94%
2/16/2024	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Overweight ➝ Overweight	$85.00	-5.79%
2/12/2024	Seaport Res Ptn Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Kessler Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral
1/17/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight	$73.00 ➝ $80.00	+25.47%
12/18/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$83.20	+11.10%
11/2/2023	New Street Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Sell ➝ Neutral
9/28/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$100.00	+32.57%
9/6/2023	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Schackart Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform
7/18/2023	Redburn Partners Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Sell	$34.00	-62.51%
5/3/2023	Vertical Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Positive
3/27/2023	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$75.00 ➝ $70.00	+14.89%
2/16/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$74.00 ➝ $76.00	+26.04%
11/10/2022	Susquehanna Bancshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$95.00 ➝ $90.00	+87.62%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 03:17 PM ET.

Should I Buy Trade Desk Stock? TTD Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, September 10, 2024. Please send any questions or comments about these Trade Desk pros and cons to contact@marketbeat.com.

Trade Desk
Bull Case

Here are some ways that investors could benefit from investing in The Trade Desk, Inc.:

The Trade Desk, Inc. has shown consistent growth in institutional ownership, with large investors increasing their stakes in the company over recent quarters. This indicates confidence from major players in the market.
Recent insider trading activities show that company insiders have been selling shares, which could be seen as a positive sign as insiders typically sell for various reasons, including profit-taking or diversification, rather than lack of confidence in the company.
The current stock price of The Trade Desk, Inc. is at an attractive level, making it potentially a good entry point for investors looking to capitalize on future growth prospects.
The company operates as a technology firm, a sector known for innovation and high growth potential, which could lead to substantial returns for investors over the long term.
The Trade Desk, Inc. has a strong market presence both in the United States and internationally, providing diversification benefits to investors seeking exposure to different geographic regions.

Trade Desk
Bear Case

Investors should be bearish about investing in The Trade Desk, Inc. for these reasons:

While insider selling can sometimes be viewed positively, the significant amount of insider sales in recent months could raise concerns about potential internal outlook or future performance of the company.
Despite the growth in institutional ownership, a high percentage of the company's stock is still owned by insiders, which may lead to governance issues or conflicts of interest that could impact shareholder value.
The technology sector, where The Trade Desk, Inc. operates, is highly competitive and subject to rapid changes, posing risks of disruption or obsolescence for companies in this industry.
Investing in individual stocks like The Trade Desk, Inc. carries inherent risks compared to diversified investments, as the performance of the company can be more volatile and susceptible to market fluctuations.
While the current stock price may seem attractive, investors should carefully consider the company's valuation metrics and growth prospects to ensure they are not overpaying for the stock.

TTD Forecast - Frequently Asked Questions

: According to the research reports of 29 Wall Street equities research analysts, the average twelve-month stock price forecast for Trade Desk is $109.43, with a high forecast of $135.00 and a low forecast of $57.00.
: 29 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trade Desk in the last twelve months. There is currently 1 sell rating, 4 hold ratings, 23 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" TTD shares.
: According to analysts, Trade Desk's stock has a predicted upside of 0.15% based on their 12-month stock forecasts.
: Over the previous 90 days, Trade Desk's stock had 1 upgrade by analysts.
: Trade Desk has been rated by research analysts at Bank of America, Benchmark, BTIG Research, Cantor Fitzgerald, Citigroup, Evercore ISI, KeyCorp, Loop Capital, Macquarie, Moffett Nathanson, Morgan Stanley, Needham & Company LLC, Oppenheimer, Robert W. Baird, Royal Bank of Canada, Stifel Nicolaus, Susquehanna, Truist Financial, Wedbush, and Wolfe Research in the past 90 days.
: Analysts like Trade Desk more than other "computer and technology" companies. The consensus rating score for Trade Desk is 2.83 while the average consensus rating score for "computer and technology" companies is 2.65. Learn more on how TTD compares to other companies.

Stock Forecasts and Research Tools

Related Companies:

Today's Ratings:

Top Rated Stocks:

More Ratings Tools:

My grim warning about AI stocks (Ad)

Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.

So go here now to read my new report The Big AI Die-Up… while you still can.

This page (NASDAQ:TTD) was last updated on 10/1/2024 by MarketBeat.com Staff

From Our Partners