Trade Desk (TTD) Stock Forecast, Price Target & Predictions


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TTD Stock Forecast


Trade Desk stock forecast is as follows: an average price target of $107.18 (represents a 6.85% upside from TTD’s last price of $100.31) and a rating consensus of 'Buy', based on 34 wall street analysts offering a 1-year stock forecast.

TTD Price Target


The average price target for Trade Desk (TTD) is $107.18 based on 1-year price targets from 34 Wall Street analysts in the past 3 months, with a price target range of $135.00 to $60.00. This represents a potential 6.85% upside from TTD's last price of $100.31.

TTD Analyst Ratings


Buy

According to 34 Wall Street analysts, Trade Desk's rating consensus is 'Buy'. The analyst rating breakdown for TTD stock is 0 'Strong Buy' (0.00%), 26 'Buy' (76.47%), 7 'Hold' (20.59%), 1 'Sell' (2.94%), and 0 'Strong Sell' (0.00%).

Trade Desk Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 05, 2024Vikram KesavabhotlaRobert W. Baird$130.00$103.3325.80%29.60%
Sep 04, 2024Jessica Reif EhrlichBank of America Securities$135.00$102.4231.81%34.58%
Aug 26, 2024Rob SandersonLoop Capital Markets$120.00$104.6614.66%19.63%
Aug 09, 2024Angelo ZinoCFRA$110.00$99.3010.78%9.66%
Aug 09, 2024Ygal ArounianCitigroup$115.00$88.2730.28%14.64%
Aug 09, 2024Justin PattersonKeyBanc$115.00$88.2730.28%14.64%
Jul 29, 2024Justin PattersonKeyBanc$105.00$92.4313.60%4.68%
Jul 23, 2024Clark LampenBTIG$110.00$100.449.52%9.66%
Jul 23, 2024Matthew CostMorgan Stanley$110.00$100.449.52%9.66%
Jul 22, 2024Youssef SqualiTruist Financial$105.00$96.019.36%4.68%
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The latest Trade Desk stock forecast, released on Sep 05, 2024 by Vikram Kesavabhotla from Robert W. Baird, set a price target of $130.00, which represents a 25.80% increase from the stock price at the time of the forecast ($103.33), and a 29.60% increase from TTD last price ($100.31).

Trade Desk Price Target by Period


1M3M12M
# Anlaysts61219
Avg Price Target$120.83$115.00$112.74
Last Closing Price$100.31$100.31$100.31
Upside/Downside20.46%14.64%12.39%

In the current month, the average price target of Trade Desk stock is $120.83, according to 6 Wall Street analysts offering twelve months forecast. The average price target represents a 20.46% increase as opposed to Trade Desk's last price of $100.31. This month's average price target is up 5.07% compared to last quarter, and up 7.18% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 04, 2024Cantor Fitzgerald-NeutralInitialise
Sep 04, 2024Bank of America Securities-BuyInitialise
Sep 03, 2024CitigroupBuyBuyHold
Aug 30, 2024Piper SandlerOverweightOverweightHold
Aug 26, 2024SusquehannaUnderperformUnderperformHold
Aug 26, 2024WedbushBuyBuyHold
Aug 26, 2024Loop Capital MarketsBuyBuyHold
Aug 09, 2024B. Riley SecuritiesNeutralNeutralHold
Aug 09, 2024StephensOverweightOverweightHold
Aug 09, 2024Craig-HallumBuyBuyHold
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Trade Desk's last stock rating was published by Cantor Fitzgerald on Sep 04, 2024. The company Initialise its TTD rating from "null" to "Neutral".

Trade Desk Financial Forecast


Trade Desk Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$605.80M$493.27M-$382.80M$490.74M$394.77M-$315.32M$395.60M$301.09M$279.97M$219.81M$319.90M$216.11M$139.35M$160.66M$215.94M$164.20M
Avg Forecast$1.10B$897.44M$831.74M$700.41M$902.71M$743.37M$697.33M$572.59M$749.34M$619.31M$578.03M$480.14M$582.07M$486.91M$454.82M$363.92M$490.47M$386.19M$364.89M$304.67M$389.26M$283.52M$261.57M$216.90M$292.36M$180.83M$135.43M$155.90M$213.53M$163.74M
High Forecast$1.11B$905.72M$839.41M$706.87M$911.03M$750.22M$703.76M$577.87M$756.25M$621.71M$583.36M$484.56M$585.28M$495.82M$459.01M$367.27M$494.99M$389.75M$364.89M$311.91M$398.51M$290.25M$267.79M$222.05M$299.30M$185.13M$138.65M$159.60M$218.61M$167.63M
Low Forecast$1.10B$893.51M$828.10M$697.35M$898.76M$740.11M$694.28M$570.08M$746.06M$617.73M$575.50M$478.03M$579.93M$484.75M$452.83M$362.32M$488.32M$384.50M$364.89M$297.48M$380.08M$276.83M$255.40M$211.78M$285.46M$176.56M$132.23M$152.22M$208.49M$159.88M
# Analysts8812812771391784922111116101167774474435
Surprise %------------1.04%1.01%-1.05%1.00%1.02%-1.03%1.02%1.06%1.07%1.01%1.09%1.20%1.03%1.03%1.01%1.00%

Trade Desk's average Quarter revenue forecast for Mar 24 based on 4 analysts is $480.14M, with a low forecast of $478.03M, and a high forecast of $484.56M. TTD's average Quarter revenue forecast represents a -20.74% decrease compared to the company's last Quarter revenue of $605.80M (Dec 23).

Trade Desk EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts8812812771391784922111116101167774474435
EBITDA------------$167.68M$37.68M-$-4.01M$100.16M$41.80M-$-4.70M$-14.33M$87.93M$72.56M$18.10M$114.82M$50.08M$-9.18M$15.73M$60.11M$29.79M
Avg Forecast$176.66M$143.63M$133.11M$112.10M$144.47M$118.97M$111.60M$91.64M$119.93M$99.12M$92.51M$-6.80M$93.16M$77.93M$72.79M$-6.18M$78.50M$77.38M$58.40M$-4.88M$-22.93M$70.34M$45.61M$16.95M$76.50M$47.75M$-28.20M$11.69M$43.67M$26.23M
High Forecast$178.29M$144.95M$134.34M$113.13M$145.80M$120.07M$112.63M$92.48M$121.03M$99.50M$93.36M$-5.44M$93.67M$79.35M$73.46M$-4.94M$79.22M$92.85M$58.40M$-3.91M$-18.34M$84.41M$54.73M$20.34M$91.80M$57.30M$-22.56M$14.03M$52.40M$31.48M
Low Forecast$175.89M$143.00M$132.53M$111.61M$143.84M$118.45M$111.11M$91.24M$119.40M$98.86M$92.10M$-8.16M$92.81M$77.58M$72.47M$-7.42M$78.15M$61.90M$58.40M$-5.86M$-27.52M$56.27M$36.49M$13.56M$61.20M$38.20M$-33.84M$9.35M$34.94M$20.98M
Surprise %------------1.80%0.48%-0.65%1.28%0.54%-0.96%0.63%1.25%1.59%1.07%1.50%1.05%0.33%1.35%1.38%1.14%

4 analysts predict TTD's average Quarter EBITDA for Mar 24 to be $-6.80M, with a high of $-5.44M and a low of $-8.16M. This is -104.05% lower than Trade Desk's previous annual EBITDA (Dec 23) of $167.68M.

Trade Desk Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts8812812771391784922111116101167774474435
Net Income------------$97.32M$39.35M-$9.33M$71.19M$15.87M-$-14.60M$8.04M$59.38M$47.70M$22.64M$151.90M$41.25M$25.11M$24.06M$50.95M$19.42M
Avg Forecast$411.04M$298.16M$244.58M$162.21M$332.31M$235.69M$218.66M$149.93M$275.92M$195.83M$178.52M$-25.39M$205.23M$145.31M$129.57M$-23.08M$177.38M$52.26M$101.00M$-18.25M$12.86M$47.51M$29.98M$21.20M$101.21M$39.33M$77.11M$17.87M$37.01M$17.10M
High Forecast$415.96M$301.74M$247.51M$164.16M$336.29M$238.52M$221.28M$151.72M$279.22M$220.30M$180.66M$-20.31M$224.78M$165.35M$131.12M$-18.47M$179.51M$62.71M$101.00M$-14.60M$15.43M$57.01M$35.98M$25.44M$121.45M$47.19M$92.53M$21.45M$44.41M$20.52M
Low Forecast$408.70M$296.47M$243.19M$161.29M$330.42M$234.35M$217.42M$149.07M$274.35M$176.24M$177.51M$-30.47M$195.46M$120.26M$128.83M$-27.70M$176.37M$41.81M$101.00M$-21.90M$10.29M$38.01M$23.98M$16.96M$80.97M$31.46M$61.68M$14.30M$29.61M$13.68M
Surprise %------------0.47%0.27%--0.40%0.40%0.30%-0.80%0.63%1.25%1.59%1.07%1.50%1.05%0.33%1.35%1.38%1.14%

Trade Desk's average Quarter net income forecast for Mar 24 is $-25.39M, with a range of $-30.47M to $-20.31M. TTD's average Quarter net income forecast represents a -126.09% decrease compared to the company's last Quarter net income of $97.32M (Dec 23).

Trade Desk SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts8812812771391784922111116101167774474435
SG&A------------$258.66M$244.44M-$227.53M$226.48M$215.93M-$196.49M$291.28M$111.40M$113.67M$107.61M$113.11M$87.43M$72.94M$72.89M$83.22M$73.16M
Avg Forecast$529.36M$430.37M$398.87M$335.89M$432.90M$356.49M$334.41M$274.59M$359.35M$297.00M$277.20M$341.76M$279.14M$233.50M$218.11M$310.70M$235.21M$98.03M$174.98M$245.61M$186.67M$89.12M$71.45M$100.76M$75.36M$83.36M$64.95M$54.16M$60.46M$64.42M
High Forecast$534.24M$434.34M$402.54M$338.98M$436.89M$359.77M$337.49M$277.12M$362.66M$298.15M$279.75M$410.12M$280.68M$237.77M$220.12M$372.83M$237.38M$117.64M$174.98M$294.73M$191.11M$106.94M$85.74M$120.91M$90.43M$100.03M$66.49M$64.99M$72.55M$77.31M
Low Forecast$527.05M$428.49M$397.12M$334.42M$431.01M$354.93M$332.95M$273.39M$357.78M$296.24M$275.98M$273.41M$278.11M$232.46M$217.16M$248.56M$234.18M$78.42M$174.98M$196.49M$182.27M$71.29M$57.16M$80.61M$60.29M$66.69M$63.41M$43.33M$48.37M$51.54M
Surprise %------------0.93%1.05%-0.73%0.96%2.20%-0.80%1.56%1.25%1.59%1.07%1.50%1.05%1.12%1.35%1.38%1.14%

Trade Desk's average Quarter SG&A projection for Mar 24 is $341.76M, based on 4 Wall Street analysts, with a range of $273.41M to $410.12M. The forecast indicates a 32.13% rise compared to TTD last annual SG&A of $258.66M (Dec 23).

Trade Desk EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts8812812771391784922111116101167774474435
EPS------------$0.20$0.08-$0.02$0.15$0.03-$-0.03$0.02$0.12$0.10$0.05$0.32$0.09$0.05$0.05$0.11$0.04
Avg Forecast$0.82$0.60$0.49$0.32$0.66$0.47$0.44$0.30$0.55$0.39$0.36$0.22$0.41$0.29$0.26$0.13$0.35$0.23$0.20$0.15$0.27$0.15$0.13$0.08$0.19$0.05$0.02$0.04$0.12$0.07
High Forecast$0.83$0.60$0.49$0.33$0.67$0.48$0.44$0.30$0.56$0.44$0.36$0.22$0.45$0.33$0.26$0.13$0.36$0.23$0.20$0.15$0.28$0.15$0.13$0.08$0.19$0.05$0.02$0.04$0.12$0.07
Low Forecast$0.82$0.59$0.49$0.32$0.66$0.47$0.43$0.30$0.55$0.35$0.35$0.22$0.39$0.24$0.26$0.12$0.35$0.22$0.20$0.14$0.26$0.15$0.12$0.08$0.18$0.04$0.02$0.04$0.12$0.07
Surprise %------------0.49%0.28%-0.15%0.42%0.13%--0.20%0.06%0.80%0.78%0.60%1.72%1.97%2.93%1.40%0.95%0.64%

According to 4 Wall Street analysts, Trade Desk's projected average Quarter EPS for Mar 24 is $0.22, with a low estimate of $0.22 and a high estimate of $0.22. This represents a 8.76% increase compared to TTD previous annual EPS of $0.20 (Dec 23).

Trade Desk Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
UUnity Software$15.86$64.97309.65%Hold
AIC3.ai$21.30$70.50230.99%Buy
SNOWSnowflake$108.56$206.8390.52%Buy
ZMZoom Video Communications$67.18$111.7766.37%Hold
TEAMAtlassian$161.31$237.6747.34%Buy
DDOGDatadog$107.20$138.4929.19%Buy
SHOPShopify$67.01$85.7227.92%Buy
INTUIntuit$615.12$689.0012.01%Buy
TTDTrade Desk$100.31$107.186.85%Buy
CRMSalesforce$243.97$257.515.55%Buy
WDAYWorkday$254.60$264.633.94%Buy
NOWServiceNow$825.04$728.75-11.67%Buy

TTD Forecast FAQ


Yes, according to 34 Wall Street analysts, Trade Desk (TTD) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 26 'Buy' recommendations, accounting for 76.47% of TTD's total ratings.

Trade Desk (TTD) average price target is $107.18 with a range of $60 to $135, implying a 6.85% from its last price of $100.31. The data is based on 34 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for TTD stock, the company can go up by 6.85% (from the last price of $100.31 to the average price target of $107.18), up by 34.58% based on the highest stock price target, and down by -40.19% based on the lowest stock price target.

TTD's average twelve months analyst stock price target of $107.18 does not support the claim that Trade Desk can reach $200 in the near future.

6 Wall Street analysts forecast a $120.83 price target for Trade Desk (TTD) this month, up 20.46% from its last price of $100.31. Compared to the last 3 and 12 months, the average price target increased by 14.64% and increased by 12.39%, respectively.

Trade Desk's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.92B (high $2.94B, low $2.9B), average EBITDA is $466.68M (high $470.99M, low $464.64M), average net income is $936.59M (high $947.82M, low $931.26M), average SG&A $1.4B (high $1.41B, low $1.39B), and average EPS is $1.87 (high $1.9, low $1.86). TTD's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.53B (high $3.57B, low $3.52B), average EBITDA is $565.5M (high $570.72M, low $563.03M), average net income is $1.12B (high $1.13B, low $1.11B), average SG&A $1.69B (high $1.71B, low $1.69B), and average EPS is $2.23 (high $2.26, low $2.22).

Based on Trade Desk's last annual report (Dec 2023), the company's revenue was $1.95B, beating the average analysts forecast of $1.89B by 3.09%. Apple's EBITDA was $281.89M, beating the average prediction of $237.69M by 18.59%. The company's net income was $178.94M, missing the average estimation of $457.03M by -60.85%. Apple's SG&A was $968.25M, missing the average forecast of $1.04B by -7.03%. Lastly, the company's EPS was $0.37, missing the average prediction of $1.09 by -65.91%. In terms of the last quarterly report (Dec 2023), Trade Desk's revenue was $605.8M, beating the average analysts' forecast of $582.07M by 4.08%. The company's EBITDA was $167.68M, beating the average prediction of $93.16M by 80.00%. Trade Desk's net income was $97.32M, missing the average estimation of $205.23M by -52.58%. The company's SG&A was $258.66M, missing the average forecast of $279.14M by -7.34%. Lastly, the company's EPS was $0.2, missing the average prediction of $0.41 by -51.27%