Critical Insights From Trade Desk Analyst Ratings: What You Need To Know

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In the latest quarter, 13 analysts provided ratings for Trade Desk TTD, showcasing a mix of bullish and bearish perspectives.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

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

Analysts have set 12-month price targets for Trade Desk, revealing an average target of $97.23, a high estimate of $110.00, and a low estimate of $42.00. Marking an increase of 23.23%, the current average surpasses the previous average price target of $78.90.

Interpreting Analyst Ratings: A Closer Look

The standing of Trade Desk among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
James Heaney Jefferies Raises Buy $105.00 $95.00
Laura Martin Needham Maintains Buy $100.00 -
Laura Martin Needham Maintains Buy $100.00 -
Mark Zgutowicz Benchmark Raises Sell $42.00 $32.00
Nicholas Zangler Stephens & Co. Maintains Overweight $85.00 -
Matthew Hedberg RBC Capital Raises Outperform $105.00 $90.00
Brian Pitz BMO Capital Raises Outperform $107.00 $88.00
Justin Patterson Keybanc Raises Overweight $100.00 $84.00
Matt Farrell Piper Sandler Raises Overweight $105.00 $80.00
Mark Kelley Stifel Raises Buy $100.00 $80.00
Jason Helfstein Oppenheimer Raises Outperform $105.00 $85.00
Youssef Squali Truist Securities Raises Buy $100.00 $80.00
Shyam Patil Susquehanna Raises Positive $110.00 $75.00

Key Insights:

  • Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Trade Desk. This information offers a snapshot of how analysts perceive 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 gauge the dynamics of price targets, providing estimates for the future value of Trade Desk's stock. This comparison reveals trends in analysts' expectations over time.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Trade Desk's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on Trade Desk analyst ratings.

All You Need to Know 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: Financial Performance Dissected

Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.

Positive Revenue Trend: Examining Trade Desk's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 23.45% as of 31 December, 2023, showcasing a substantial increase in top-line earnings. When compared to others in the Communication Services sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 16.07%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): Trade Desk's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 4.51%, the company showcases efficient use of equity capital and strong financial health.

Return on Assets (ROA): Trade Desk's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.07% ROA, the company effectively utilizes its assets for optimal returns.

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.

Analyst Ratings: What Are They?

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

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.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.

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

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