The Trade Desk Upgrade by Susquehanna: A Positive Outlook

Citi raised its price target on The Trade Desk (NASDAQ:TTD) to $90 from $82 while maintaining a Buy rating, highlighting the company’s strong market position and potential near-term upside. As a result, the company’s shares rose around 3% intra-day today.

The firm’s recent media buyer survey reinforced TTD’s clear leadership in the demand-side platform (DSP) space, with respondents ranking it highest across key attributes like inventory quality and data capabilities. Notably, take rates ranked low on advertisers’ priority list, suggesting TTD can sustain its pricing power as long as it maintains performance leadership.

While Amazon’s DSP is gaining share for off-Amazon ad spend, Citi noted TTD is largely not the source of that share shift, with both platforms poised to benefit from expanding programmatic budgets. The analysts came away from the Cannes Lions advertising conference more positive on the macro backdrop, seeing improved ad spending trends in Q2 compared to earlier expectations when TTD issued guidance.

Citi also sees strong connected TV (CTV) momentum and limited direct risk from Amazon DSP, underscoring confidence in TTD’s ability to continue capturing budget share. The firm has opened a 90-day positive catalyst watch on TTD shares heading into the Q2 print, expecting potential guidance and consensus estimate beats fueled by healthier spending trends.

• Analysts have lowered the average price target for The Trade Desk, Inc. (NASDAQ:TTD) from $118.57 to $100, indicating a more conservative outlook on the company's future performance.
• Upcoming earnings report for TTD is expected to show a decline in Q1 earnings, influencing analysts' conservative price targets.
• Despite the anticipated earnings decline, some analysts, like RBC Capital's Matthew Swanson, have a positive outlook with a price target of $105, suggesting potential for upward movement.

The Trade Desk, Inc. (NASDAQ:TTD) is a prominent player in the digital advertising industry, providing a platform for advertisers to purchase digital ad space. The company competes with other digital advertising giants like Google and Facebook. Over the past year, analysts have adjusted their price targets for TTD, reflecting a more conservative outlook.

Last year, the average price target for TTD was $118.57, but it has since decreased to $100, both last month and last quarter. This shift suggests that analysts are cautious about the company's future performance. Factors such as market conditions and changes in the digital advertising landscape may have influenced this adjustment.

Earnings reports play a crucial role in shaping analysts' price targets. As highlighted by Scott Bauer from Prosper Trading Academy, TTD's upcoming earnings report is anticipated to show a decline in Q1 earnings. This expectation may have contributed to the more conservative price targets. However, Bauer also suggests that TTD may have reached its bottom, indicating potential for upward movement.

Industry trends, such as shifts in consumer behavior and regulatory developments, can also impact TTD's stock price targets. Analysts frequently update their targets based on these changes. RBC Capital's analyst, Matthew Swanson, has set a price target of $105 for TTD, reflecting a positive outlook despite the anticipated earnings decline.

Investors should stay informed about TTD's performance and industry developments. Monitoring analyst updates and earnings reports can provide valuable insights into the company's future prospects. As the earnings report approaches, investors are advised to prepare for key expectations surrounding TTD's financial performance.

• Analysts have lowered the average price target for The Trade Desk, Inc. (NASDAQ:TTD) from $118.57 to $100, indicating a more conservative outlook on the company's future performance.
• Upcoming earnings report for TTD is expected to show a decline in Q1 earnings, influencing analysts' conservative price targets.
• Despite the anticipated earnings decline, some analysts, like RBC Capital's Matthew Swanson, have a positive outlook with a price target of $105, suggesting potential for upward movement.

The Trade Desk, Inc. (NASDAQ:TTD) is a prominent player in the digital advertising industry, providing a platform for advertisers to purchase digital ad space. The company competes with other digital advertising giants like Google and Facebook. Over the past year, analysts have adjusted their price targets for TTD, reflecting a more conservative outlook.

Last year, the average price target for TTD was $118.57, but it has since decreased to $100, both last month and last quarter. This shift suggests that analysts are cautious about the company's future performance. Factors such as market conditions and changes in the digital advertising landscape may have influenced this adjustment.

Earnings reports play a crucial role in shaping analysts' price targets. As highlighted by Scott Bauer from Prosper Trading Academy, TTD's upcoming earnings report is anticipated to show a decline in Q1 earnings. This expectation may have contributed to the more conservative price targets. However, Bauer also suggests that TTD may have reached its bottom, indicating potential for upward movement.

Industry trends, such as shifts in consumer behavior and regulatory developments, can also impact TTD's stock price targets. Analysts frequently update their targets based on these changes. RBC Capital's analyst, Matthew Swanson, has set a price target of $105 for TTD, reflecting a positive outlook despite the anticipated earnings decline.

Investors should stay informed about TTD's performance and industry developments. Monitoring analyst updates and earnings reports can provide valuable insights into the company's future prospects. As the earnings report approaches, investors are advised to prepare for key expectations surrounding TTD's financial performance.

• Omar Nokta from Jefferies sets a bullish price target of $125 for Trade Desk Inc. (NASDAQ:TTD), indicating a potential upside of approximately 70.22%.
• As of April 23, 2025, TTD's stock price has seen a modest increase, with a 0.93% rise, reaching $54.74.
• The company's market capitalization stands at approximately $27.15 billion, with a trading volume of 1,854,308 shares, highlighting active investor interest and its significant market presence.

Trade Desk Inc. (NASDAQ:TTD) is a prominent player in the digital advertising industry, providing a platform for advertisers to purchase digital ad space. The company competes with other major players like Google and Facebook in the programmatic advertising space. On April 29, 2025, Omar Nokta from Jefferies set a bullish price target of $125 for TTD, suggesting a significant potential upside from its current trading price of $54.40.

As of April 23, 2025, TTD's stock price had increased by 0.93%, reaching $54.74. This reflects a modest price increase of approximately 0.62% or $0.34. The stock has shown some volatility, with intraday fluctuations between $54.23 and $55.17. Despite this, the potential upside of approximately 70.22% from the current price, as highlighted by Jefferies, remains an attractive prospect for investors.

The Trade Desk's market capitalization is approximately $27.15 billion, indicating its substantial presence in the market. The stock's trading volume stands at 1,854,308 shares, reflecting active investor interest. Over the past year, TTD has experienced a high of $141.53 and a low of $42.96, showcasing its potential for significant price movements.

Investors are eagerly anticipating the company's quarterly financial results, set to be released in early May. This report could have significant implications for shareholders, as it may provide insights into the company's performance and future prospects. The upcoming financial results are a key factor for investors to consider when assessing the potential impact on their investments.

• Omar Nokta from Jefferies sets a bullish price target of $125 for Trade Desk Inc. (NASDAQ:TTD), indicating a potential upside of approximately 70.22%.
• As of April 23, 2025, TTD's stock price has seen a modest increase, with a 0.93% rise, reaching $54.74.
• The company's market capitalization stands at approximately $27.15 billion, with a trading volume of 1,854,308 shares, highlighting active investor interest and its significant market presence.

Trade Desk Inc. (NASDAQ:TTD) is a prominent player in the digital advertising industry, providing a platform for advertisers to purchase digital ad space. The company competes with other major players like Google and Facebook in the programmatic advertising space. On April 29, 2025, Omar Nokta from Jefferies set a bullish price target of $125 for TTD, suggesting a significant potential upside from its current trading price of $54.40.

As of April 23, 2025, TTD's stock price had increased by 0.93%, reaching $54.74. This reflects a modest price increase of approximately 0.62% or $0.34. The stock has shown some volatility, with intraday fluctuations between $54.23 and $55.17. Despite this, the potential upside of approximately 70.22% from the current price, as highlighted by Jefferies, remains an attractive prospect for investors.

The Trade Desk's market capitalization is approximately $27.15 billion, indicating its substantial presence in the market. The stock's trading volume stands at 1,854,308 shares, reflecting active investor interest. Over the past year, TTD has experienced a high of $141.53 and a low of $42.96, showcasing its potential for significant price movements.

Investors are eagerly anticipating the company's quarterly financial results, set to be released in early May. This report could have significant implications for shareholders, as it may provide insights into the company's performance and future prospects. The upcoming financial results are a key factor for investors to consider when assessing the potential impact on their investments.

The Trade Desk, Inc. (NASDAQ:TTD) is a prominent player in the digital advertising industry, providing a platform for advertisers to purchase digital ad space. The company is known for its innovative approach to programmatic advertising, which automates the buying and selling of ad inventory. However, recent financial developments have put the company under scrutiny.

Levi & Korsinsky has launched an investigation into TTD for potential violations of federal securities laws. This comes after TTD reported fourth-quarter revenue of $741 million, falling short of its guidance of at least $756 million. This revenue miss led to a significant drop in TTD's stock price, with shares plummeting by over 30%.

Despite the revenue shortfall, TTD reported earnings per share of $0.59, exceeding the estimated $0.57. However, the revenue of $741 million was below the estimated $759 million, as highlighted by the company's financial report on February 12, 2025. This discrepancy has raised concerns among investors and prompted the investigation by Levi & Korsinsky.

Currently, TTD is trading at $80.16 on the NASDAQ, reflecting a decrease of 2.15% with a price drop of $1.76. The stock has experienced fluctuations, with a low of $80.10 and a high of $83.60 in today's trading. Over the past year, TTD's stock has seen a high of $141.53 and a low of $76.12, indicating significant volatility.

The company's market capitalization is approximately $39.56 billion, with a trading volume of 19.34 million shares. As Levi & Korsinsky continues its investigation, investors are closely monitoring TTD's financial performance and stock movements. The outcome of this investigation could have significant implications for the company's future and its shareholders.

The Trade Desk, Inc. (NASDAQ:TTD) is a prominent player in the digital advertising industry, providing a platform for advertisers to purchase digital ad space. The company is known for its innovative approach to programmatic advertising, which automates the buying and selling of ad inventory. However, recent financial developments have put the company under scrutiny.

Levi & Korsinsky has launched an investigation into TTD for potential violations of federal securities laws. This comes after TTD reported fourth-quarter revenue of $741 million, falling short of its guidance of at least $756 million. This revenue miss led to a significant drop in TTD's stock price, with shares plummeting by over 30%.

Despite the revenue shortfall, TTD reported earnings per share of $0.59, exceeding the estimated $0.57. However, the revenue of $741 million was below the estimated $759 million, as highlighted by the company's financial report on February 12, 2025. This discrepancy has raised concerns among investors and prompted the investigation by Levi & Korsinsky.

Currently, TTD is trading at $80.16 on the NASDAQ, reflecting a decrease of 2.15% with a price drop of $1.76. The stock has experienced fluctuations, with a low of $80.10 and a high of $83.60 in today's trading. Over the past year, TTD's stock has seen a high of $141.53 and a low of $76.12, indicating significant volatility.

The company's market capitalization is approximately $39.56 billion, with a trading volume of 19.34 million shares. As Levi & Korsinsky continues its investigation, investors are closely monitoring TTD's financial performance and stock movements. The outcome of this investigation could have significant implications for the company's future and its shareholders.