Trade Desk (NASDAQ:TTD) Price Target Raised to $145.00

Trade Desk (NASDAQ:TTDFree Report) had its price objective raised by Wedbush from $135.00 to $145.00 in a research note issued to investors on Monday,Benzinga reports. They currently have an outperform rating on the technology company’s stock. Wedbush also issued estimates for Trade Desk’s FY2026 earnings at $2.05 EPS.

A number of other equities analysts have also recently commented on TTD. Piper Sandler reiterated an “overweight” rating and set a $140.00 price target (up previously from $110.00) on shares of Trade Desk in a report on Friday, November 8th. Susquehanna reiterated a “positive” rating and set a $150.00 target price on shares of Trade Desk in a research note on Thursday, November 21st. Robert W. Baird boosted their target price on Trade Desk from $130.00 to $140.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. New Street Research raised Trade Desk from a “sell” rating to a “neutral” rating and raised their price target for the company from $85.00 to $115.00 in a report on Monday, November 25th. Finally, KeyCorp upped their price objective on shares of Trade Desk from $115.00 to $130.00 and gave the company an “overweight” rating in a report on Wednesday, October 9th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and twenty-four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Trade Desk presently has an average rating of “Moderate Buy” and an average target price of $129.48.

Check Out Our Latest Research Report on TTD

Trade Desk Price Performance

Shares of TTD stock opened at $121.52 on Monday. The company has a fifty day moving average price of $126.70 and a two-hundred day moving average price of $111.70. Trade Desk has a one year low of $61.47 and a one year high of $141.53. The stock has a market cap of $59.98 billion, a P/E ratio of 199.21, a P/E/G ratio of 6.00 and a beta of 1.45.

Insider Transactions at Trade Desk

In related news, insider Jay R. Grant sold 18,524 shares of the firm’s stock in a transaction on Monday, December 30th. The stock was sold at an average price of $119.35, for a total transaction of $2,210,839.40. Following the sale, the insider now owns 169,464 shares of the company’s stock, valued at $20,225,528.40. This trade represents a 9.85 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Gokul Rajaram sold 1,355 shares of the company’s stock in a transaction dated Monday, October 21st. The stock was sold at an average price of $117.89, for a total value of $159,740.95. Following the completion of the transaction, the director now directly owns 28,636 shares of the company’s stock, valued at approximately $3,375,898.04. The trade was a 4.52 % decrease in their position. The disclosure for this sale can be found here. 9.72% of the stock is owned by insiders.

Institutional Investors Weigh In On Trade Desk

Several hedge funds have recently added to or reduced their stakes in the business. First Hawaiian Bank raised its stake in shares of Trade Desk by 43.1% during the fourth quarter. First Hawaiian Bank now owns 33,955 shares of the technology company’s stock valued at $3,991,000 after acquiring an additional 10,225 shares during the last quarter. Fulton Bank N.A. increased its holdings in Trade Desk by 0.8% in the fourth quarter. Fulton Bank N.A. now owns 18,986 shares of the technology company’s stock valued at $2,231,000 after purchasing an additional 145 shares during the period. Westwind Capital acquired a new stake in Trade Desk in the fourth quarter valued at $15,642,000. Nordea Investment Management AB raised its position in Trade Desk by 36.2% during the 4th quarter. Nordea Investment Management AB now owns 1,347,318 shares of the technology company’s stock worth $159,132,000 after purchasing an additional 358,350 shares during the last quarter. Finally, Everence Capital Management Inc. acquired a new position in Trade Desk during the 4th quarter worth about $1,328,000. 67.77% of the stock is currently owned by institutional investors and hedge funds.

Trade Desk Company Profile

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The Trade Desk, Inc operates as a technology company in the United States and internationally. The company offers a self-service cloud-based platform that allows buyers to plan, manage, optimize, and measure data-driven digital advertising campaigns across various ad formats and channels, including video, display, audio, digital-out-of-home, native, and social on various devices, such as computers, mobile devices, televisions, and streaming devices.

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Analyst Recommendations for Trade Desk (NASDAQ:TTD)

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