Is Trade Desk Stock Underperforming the S&P 500?

Company Overview - The Trade Desk, Inc. (TTD) is valued at a market cap of $22.9 billion and is a leading independent digital advertising technology company headquartered in Ventura, California [1] - TTD offers a self-service, cloud-based platform for advertisers to plan, manage, and optimize digital campaigns across various channels, including display, video, audio, native, and social media [1][2] Market Position - TTD is classified as a "large-cap" stock due to its valuation of $10 billion or more, positioning it as a significant player in the digital advertising ecosystem with a focus on transparency and data-driven insights [2] Stock Performance - TTD's stock has experienced significant declines, shedding 67% from its 52-week high of $141.53 on December 4, 2024, and has dipped 33% over the past three months, underperforming the S&P 500 Index, which returned 8.4% during the same period [3] - Over the past year, TTD's stock has plunged 57.8%, lagging behind the S&P 500's 15.4% rise, and on a year-to-date basis, TTD has dropped 60.2% compared to the index's 12.3% surge [4] - The stock has been below its 50-day moving average since mid-August and under its 200-day moving average since mid-February, indicating a prolonged bearish trend [4] Analyst Ratings - TTD received a downgrade from Morgan Stanley from "Overweight" to "Equal-Weight," reflecting a more cautious stance on the company's near-term growth outlook and suggesting limited upside potential at current valuations [5] - The consensus rating for TTD is "Moderate Buy" from 38 analysts, with a mean price target of $72.94, indicating a potential premium of 56% from current market prices [6]