Trade Desk (TTD) Stock Forecast, Price Target & Predictions
TTD Stock Forecast
Trade Desk stock forecast is as follows: an average price target of $113.04 (represents a -5.34% downside from TTD’s last price of $119.42) and a rating consensus of 'Buy', based on 36 wall street analysts offering a 1-year stock forecast.
TTD Price Target
The average price target for Trade Desk (TTD) is $113.04 based on 1-year price targets from 36 Wall Street analysts in the past 3 months, with a price target range of $150.00 to $60.00. This represents a potential -5.34% downside from TTD's last price of $119.42.
TTD Analyst Ratings
According to 36 Wall Street analysts, Trade Desk's rating consensus is 'Buy'. The analyst rating breakdown for TTD stock is 0 'Strong Buy' (0.00%), 27 'Buy' (75.00%), 7 'Hold' (19.44%), 2 'Sell' (5.56%), and 0 'Strong Sell' (0.00%).
Trade Desk Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 11, 2024 | Rob Sanderson | Loop Capital Markets | $145.00 | $120.09 | 20.74% | 21.42% |
| Nov 08, 2024 | Brian Pitz | BMO Capital | $125.00 | $120.09 | 4.09% | 4.67% |
| Nov 08, 2024 | Mark Mahaney | Evercore ISI | $135.00 | $120.10 | 12.41% | 13.05% |
| Oct 28, 2024 | Alec Brondolo | Wells Fargo | $150.00 | $118.98 | 26.07% | 25.61% |
| Oct 15, 2024 | Ygal Arounian | Citigroup | $140.00 | $117.97 | 18.67% | 17.23% |
| Sep 23, 2024 | Michael Nathanson | MoffettNathanson | $100.00 | $109.51 | -8.68% | -16.26% |
| Sep 13, 2024 | Scott Devitt | Wedbush | $115.00 | $104.50 | 10.05% | -3.70% |
| Sep 05, 2024 | Vikram Kesavabhotla | Robert W. Baird | $130.00 | $103.33 | 25.80% | 8.86% |
| Sep 04, 2024 | Jessica Reif Ehrlich | Bank of America Securities | $135.00 | $102.42 | 31.81% | 13.05% |
| Aug 26, 2024 | Rob Sanderson | Loop Capital Markets | $120.00 | $104.66 | 14.66% | 0.49% |
The latest Trade Desk stock forecast, released on Nov 11, 2024 by Rob Sanderson from Loop Capital Markets, set a price target of $145.00, which represents a 20.74% increase from the stock price at the time of the forecast ($120.09), and a 21.42% increase from TTD last price ($119.42).
Trade Desk Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 4 | 10 | 26 |
| Avg Price Target | $138.75 | $129.50 | $117.38 |
| Last Closing Price | $119.42 | $119.42 | $119.42 |
| Upside/Downside | 16.19% | 8.44% | -1.71% |
In the current month, the average price target of Trade Desk stock is $138.75, according to 4 Wall Street analysts offering twelve months forecast. The average price target represents a 16.19% increase as opposed to Trade Desk's last price of $119.42. This month's average price target is up 7.14% compared to last quarter, and up 18.21% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 08, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Oct 30, 2024 | BTIG | Buy | Buy | Hold |
| Oct 29, 2024 | Wells Fargo | Buy | Buy | Hold |
| Oct 29, 2024 | Wedbush | Underperform | Underperform | Hold |
| Oct 29, 2024 | New Street | Neutral | Sell | Downgrade |
| Oct 16, 2024 | Susquehanna | Positive | Positive | Hold |
| Oct 15, 2024 | Citigroup | Buy | Buy | Hold |
| Oct 11, 2024 | Macquarie | Outperform | Outperform | Hold |
| Oct 09, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Sep 30, 2024 | Wedbush | Buy | Buy | Hold |
Trade Desk's last stock rating was published by Evercore ISI on Nov 08, 2024. The company gave TTD a "Outperform" rating, the same as its previous rate.
Trade Desk Financial Forecast
Trade Desk Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $605.80M | $493.27M | - | $382.80M | $490.74M | $394.77M | $376.96M | $315.32M | $395.60M | $301.09M | $279.97M | $219.81M | $319.90M | $216.11M | $139.35M | $160.66M | $215.94M | $164.20M |
| Avg Forecast | $1.11B | $912.45M | $846.44M | $710.72M | $923.54M | $758.65M | $706.47M | $582.17M | $759.06M | $620.16M | $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 | $1.13B | $930.13M | $862.84M | $724.49M | $941.43M | $773.35M | $720.16M | $595.83M | $764.31M | $621.10M | $578.03M | $480.21M | $585.28M | $495.82M | $463.63M | $370.97M | $499.97M | $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 |
| Low Forecast | $1.09B | $894.90M | $830.16M | $697.05M | $905.77M | $744.05M | $692.88M | $567.78M | $757.00M | $619.22M | $578.03M | $480.06M | $579.93M | $484.75M | $446.07M | $356.92M | $481.03M | $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 |
| # Analysts | 8 | 8 | 12 | 8 | 12 | 7 | 7 | 17 | 19 | 9 | 7 | 4 | 9 | 22 | 11 | 11 | 16 | 10 | 10 | 18 | 11 | 13 | 21 | 11 | 15 | 15 | 9 | 9 | 16 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 1.01% | - | 1.05% | 1.00% | 1.02% | 1.03% | 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 $480.06M, and a high forecast of $480.21M. 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 12 | 8 | 12 | 7 | 7 | 17 | 19 | 9 | 7 | 4 | 9 | 22 | 11 | 11 | 16 | 10 | 10 | 18 | 11 | 13 | 21 | 11 | 15 | 15 | 9 | 9 | 16 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $167.68M | $37.68M | - | $-4.01M | $100.16M | $41.80M | $14.33M | $-4.70M | $-14.33M | $87.93M | $72.56M | $18.10M | $114.82M | $50.08M | $-9.18M | $15.73M | $60.11M | $29.79M |
| Avg Forecast | $155.16M | $127.27M | $118.06M | $99.13M | $128.82M | $105.82M | $98.54M | $81.20M | $105.87M | $86.50M | $80.62M | $-6.80M | $81.19M | $67.91M | $63.44M | $-6.18M | $-25.22M | $61.81M | $58.40M | $-4.88M | $62.30M | $45.37M | $41.86M | $16.95M | $46.79M | $28.94M | $21.67M | $11.69M | $34.17M | $26.21M |
| High Forecast | $158.16M | $129.73M | $120.35M | $101.05M | $131.31M | $107.87M | $100.45M | $83.11M | $106.61M | $86.63M | $80.62M | $-5.44M | $81.64M | $69.16M | $64.67M | $-4.94M | $-20.18M | $61.81M | $58.40M | $-3.91M | $62.30M | $45.37M | $41.86M | $20.34M | $46.79M | $28.94M | $21.67M | $14.03M | $34.17M | $26.21M |
| Low Forecast | $152.17M | $124.82M | $115.79M | $97.22M | $126.34M | $103.78M | $96.64M | $79.19M | $105.59M | $86.37M | $80.62M | $-8.16M | $80.89M | $67.61M | $62.22M | $-7.42M | $-30.27M | $61.81M | $58.40M | $-5.86M | $62.30M | $45.37M | $41.86M | $13.56M | $46.79M | $28.94M | $21.67M | $9.35M | $34.17M | $26.21M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 2.07% | 0.55% | - | 0.65% | -3.97% | 0.68% | 0.25% | 0.96% | -0.23% | 1.94% | 1.73% | 1.07% | 2.45% | 1.73% | -0.42% | 1.35% | 1.76% | 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 12 | 8 | 12 | 7 | 7 | 17 | 19 | 9 | 7 | 4 | 9 | 22 | 11 | 11 | 16 | 10 | 10 | 18 | 11 | 13 | 21 | 11 | 15 | 15 | 9 | 9 | 16 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $97.32M | $39.35M | - | $9.33M | $71.19M | $15.87M | $-19.07M | $-14.60M | $8.04M | $59.38M | $47.70M | $22.64M | $151.90M | $41.25M | $25.11M | $24.06M | $50.95M | $19.42M |
| Avg Forecast | $405.05M | $295.45M | $259.31M | $179.88M | $342.98M | $243.35M | $224.73M | $148.70M | $285.26M | $198.48M | $179.43M | $-25.39M | $206.27M | $146.04M | $130.22M | $-23.08M | $14.15M | $112.76M | $101.38M | $-18.25M | $135.95M | $75.04M | $63.89M | $21.20M | $93.93M | $22.58M | $9.21M | $17.87M | $59.70M | $33.72M |
| High Forecast | $415.25M | $302.89M | $265.85M | $184.42M | $351.62M | $249.48M | $230.39M | $162.64M | $309.86M | $198.97M | $179.43M | $-20.31M | $225.91M | $166.19M | $133.50M | $-18.47M | $16.98M | $112.76M | $101.38M | $-14.60M | $135.95M | $75.04M | $63.89M | $25.44M | $93.93M | $22.58M | $9.21M | $21.45M | $59.70M | $33.72M |
| Low Forecast | $394.92M | $288.06M | $252.83M | $175.38M | $334.41M | $237.26M | $219.11M | $130.11M | $255.75M | $197.99M | $179.42M | $-30.47M | $196.45M | $120.87M | $126.96M | $-27.70M | $11.32M | $112.76M | $101.38M | $-21.90M | $135.95M | $75.04M | $63.89M | $16.96M | $93.93M | $22.58M | $9.21M | $14.30M | $59.70M | $33.72M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.47% | 0.27% | - | -0.40% | 5.03% | 0.14% | -0.19% | 0.80% | 0.06% | 0.79% | 0.75% | 1.07% | 1.62% | 1.83% | 2.73% | 1.35% | 0.85% | 0.58% |
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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 12 | 8 | 12 | 7 | 7 | 17 | 19 | 9 | 7 | 4 | 9 | 22 | 11 | 11 | 16 | 10 | 10 | 18 | 11 | 13 | 21 | 11 | 15 | 15 | 9 | 9 | 16 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $258.66M | $244.44M | - | $227.53M | $226.48M | $215.93M | $224.25M | $196.49M | $291.28M | $111.40M | $113.67M | $107.61M | $113.11M | $87.43M | $72.94M | $72.89M | $83.22M | $73.16M |
| Avg Forecast | $533.45M | $437.57M | $405.92M | $340.83M | $442.89M | $363.81M | $338.79M | $279.18M | $364.01M | $297.40M | $277.20M | $341.76M | $279.14M | $233.50M | $218.11M | $310.70M | $235.21M | $185.20M | $174.98M | $245.61M | $186.67M | $135.96M | $125.44M | $100.76M | $140.20M | $86.72M | $64.95M | $54.16M | $102.40M | $78.52M |
| High Forecast | $543.79M | $446.05M | $413.78M | $347.43M | $451.47M | $370.86M | $345.36M | $285.73M | $366.53M | $297.85M | $277.20M | $410.12M | $280.68M | $237.77M | $222.34M | $372.83M | $239.76M | $185.20M | $174.98M | $294.73M | $186.67M | $135.96M | $125.44M | $120.91M | $140.20M | $86.72M | $64.95M | $64.99M | $102.40M | $78.52M |
| Low Forecast | $523.19M | $429.15M | $398.11M | $334.27M | $434.37M | $356.82M | $332.28M | $272.28M | $363.03M | $296.95M | $277.20M | $273.41M | $278.11M | $232.46M | $213.92M | $248.56M | $230.68M | $185.20M | $174.98M | $196.49M | $186.67M | $135.96M | $125.44M | $80.61M | $140.20M | $86.72M | $64.95M | $43.33M | $102.40M | $78.52M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | 1.05% | - | 0.73% | 0.96% | 1.17% | 1.28% | 0.80% | 1.56% | 0.82% | 0.91% | 1.07% | 0.81% | 1.01% | 1.12% | 1.35% | 0.81% | 0.93% |
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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 12 | 8 | 12 | 7 | 7 | 17 | 19 | 9 | 7 | 4 | 9 | 22 | 11 | 11 | 16 | 10 | 10 | 18 | 11 | 13 | 21 | 11 | 15 | 15 | 9 | 9 | 16 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.20 | $0.08 | - | $0.02 | $0.15 | $0.03 | $-0.04 | $-0.03 | $0.02 | $0.12 | $0.10 | $0.05 | $0.32 | $0.09 | $0.05 | $0.05 | $0.11 | $0.04 |
| Avg Forecast | $0.81 | $0.59 | $0.52 | $0.36 | $0.68 | $0.48 | $0.45 | $0.30 | $0.57 | $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 | $0.53 | $0.37 | $0.70 | $0.50 | $0.46 | $0.32 | $0.62 | $0.40 | $0.36 | $0.22 | $0.45 | $0.33 | $0.27 | $0.13 | $0.36 | $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 |
| Low Forecast | $0.79 | $0.57 | $0.50 | $0.35 | $0.67 | $0.47 | $0.44 | $0.26 | $0.51 | $0.39 | $0.36 | $0.22 | $0.39 | $0.24 | $0.25 | $0.12 | $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 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.49% | 0.28% | - | 0.15% | 0.42% | 0.13% | -0.19% | -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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| U | Unity Software | $19.80 | $64.63 | 226.41% | Hold |
| AI | C3.ai | $32.96 | $70.50 | 113.90% | Buy |
| SNOW | Snowflake | $130.24 | $204.88 | 57.31% | Buy |
| ZM | Zoom Video Communications | $77.75 | $111.94 | 43.97% | Hold |
| INTU | Intuit | $644.17 | $715.09 | 11.01% | Buy |
| DDOG | Datadog | $133.41 | $145.31 | 8.92% | Buy |
| WDAY | Workday | $259.90 | $271.36 | 4.41% | Buy |
| TEAM | Atlassian | $247.73 | $246.52 | -0.49% | Buy |
| TTD | Trade Desk | $119.42 | $113.04 | -5.34% | Buy |
| SHOP | Shopify | $104.59 | $91.91 | -12.12% | Buy |
| CRM | Salesforce | $323.43 | $275.26 | -14.89% | Buy |
| NOW | ServiceNow | $1.02K | $831.13 | -18.68% | Buy |