Trade Desk (TTD) Stock Forecast & Price Target

$96.54
+1.76 (+1.86%)
(As of 12:46 PM ET)

Trade Desk - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 26 Analyst Ratings

Consensus Price Target

$93.01
-3.66% Downside
High Forecast$112.00
Average Forecast$93.01
Low Forecast$34.00
TypeCurrent Forecast
5/21/23 to 5/20/24
1 Month Ago
4/21/23 to 4/20/24
3 Months Ago
2/20/23 to 2/20/24
1 Year Ago
5/21/22 to 5/21/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
22 Buy rating(s)
22 Buy rating(s)
23 Buy rating(s)
13 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
5 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$93.01$89.75$89.13$70.67
Forecasted Upside-3.66% Downside10.36% Upside10.82% Upside19.80% Upside
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TTD Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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TTD Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Trade Desk Stock vs. The Competition

TypeTrade DeskComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.77
2.59
2.49
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside-3.46% Downside184.21% Upside7.81% Upside
News Sentiment RatingPositive News
Neutral News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/16/2024Truist Financial
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 Reiterated RatingBuy ➝ Buy$105.00+12.72%
5/16/2024Susquehanna
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 Reiterated RatingPositive ➝ Positive$110.00 ➝ $110.00+18.09%
5/16/2024Loop Capital
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 Boost TargetBuy ➝ Buy$102.00 ➝ $109.00+17.02%
5/9/2024DA Davidson
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 Boost TargetBuy ➝ Buy$95.00 ➝ $104.00+17.29%
5/9/2024Citigroup
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 Boost TargetBuy ➝ Buy$110.00 ➝ $112.00+26.41%
5/9/2024Royal Bank of Canada
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 Boost TargetOutperform ➝ Outperform$105.00 ➝ $110.00+24.73%
5/9/2024BMO Capital Markets
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 Reiterated RatingOutperform ➝ Outperform$107.00 ➝ $108.00+22.30%
5/9/2024Stifel Nicolaus
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 Boost TargetBuy ➝ Buy$100.00 ➝ $105.00+20.97%
5/9/2024Piper Sandler
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 Reiterated RatingOverweight ➝ Overweight$105.00 ➝ $110.00+27.88%
5/9/2024Needham & Company LLC
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 Reiterated RatingBuy ➝ Buy$100.00+16.25%
5/2/2024Jefferies Financial Group
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 UpgradeHold ➝ Buy$95.00 ➝ $105.00+22.94%
2/23/2024BTIG Research
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 Boost TargetBuy$91.00 ➝ $98.00+17.37%
2/16/2024Benchmark
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 Boost TargetSell ➝ Sell$32.00 ➝ $42.00-52.51%
2/16/2024Stephens
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 Reiterated RatingOverweight ➝ Overweight$85.00-5.79%
2/16/2024KeyCorp
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 Boost TargetOverweight ➝ Overweight$84.00 ➝ $100.00+13.58%
2/16/2024Oppenheimer
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 Boost TargetOutperform ➝ Outperform$85.00 ➝ $105.00+18.44%
2/12/2024Seaport Res Ptn
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A. Kessler
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Reiterated RatingNeutral
1/17/2024Wells Fargo & Company
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 Boost TargetOverweight$73.00 ➝ $80.00+25.47%
12/18/2023HSBC
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 Initiated CoverageBuy$83.20+11.10%
11/10/2023Morgan Stanley
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 Lower TargetOverweight ➝ Overweight$105.00 ➝ $70.00+9.36%
11/2/2023New Street Research
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 UpgradeSell ➝ Neutral
9/28/2023UBS Group
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 Initiated CoverageBuy$100.00+32.57%
9/6/2023William Blair
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R. Schackart
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Initiated CoverageOutperform
8/18/2023Robert W. Baird
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 Initiated CoverageOutperform$88.00+23.61%
8/10/2023Evercore ISI
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 Boost TargetOutperform ➝ Outperform$75.00 ➝ $100.00+23.56%
7/18/2023Redburn Partners
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 Initiated CoverageSell$34.00-62.51%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 01:09 PM ET.

TTD Frequently Asked Questions

What is Trade Desk's stock forecast and purchase recommendation?

According to the research reports of 26 Wall Street equities research analysts, the average twelve-month stock price forecast for Trade Desk is $93.01, with a high forecast of $112.00 and a low forecast of $34.00. The consensus rating for Trade Desk stock is Moderate Buy based on the current 2 sell ratings, 2 hold ratings and 22 buy ratings for TTD. Learn more on TTD's analyst rating history.

Do Wall Street analysts like Trade Desk more than its competitors?

Analysts like Trade Desk more than other "computer and technology" companies. The consensus rating score for Trade Desk is 2.77 while the average consensus rating score for "computer and technology" companies is 2.59. Learn more on how TTD compares to other companies.

Is Trade Desk being upgraded by Wall Street analysts?

Over the previous 90 days, Trade Desk's stock had 1 upgrade by analysts.

Does Trade Desk's stock price have much upside?

According to analysts, Trade Desk's stock has a predicted upside of 10.25% based on their 12-month stock forecasts.

What analysts cover Trade Desk?

Stock Forecasts and Research Tools

This page (NASDAQ:TTD) was last updated on 5/20/2024 by MarketBeat.com Staff

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