Is Wall Street Bullish or Bearish on Trade Desk Stock?

Company Overview - The Trade Desk, Inc. (TTD) is a leading global technology company in programmatic advertising with a market cap of $19.4 billion, offering a cloud-based demand-side platform (DSP) for digital ad inventory across various channels [1] Stock Performance - TTD shares have significantly underperformed the broader market, declining 65.5% over the past year, while the S&P 500 Index has increased by nearly 12.3% [2] - In 2025, TTD's stock fell 47%, contrasting with a 12.5% rise in the S&P 500 on a year-to-date basis [2] Competitive Position - TTD has also lagged behind the Invesco AI and Next Gen Software ETF (IGPT), which gained 21.8% over the past year and 9.9% in 2025 [3] Financial Performance - For Q3 FY 2025, TTD reported revenue of $739 million, an 18% year-over-year increase, but shares fell 3.8% post-announcement due to concerns over slowing momentum and competition [4] - Analysts project TTD's EPS to grow 26.9% to $0.99 for the current fiscal year ending in December [5] Earnings Surprise and Analyst Ratings - TTD has a disappointing earnings surprise history, missing consensus estimates in three of the last four quarters [5] - Among 38 analysts, the consensus rating for TTD is a "Moderate Buy," with 17 "Strong Buy," 3 "Moderate Buy," 14 "Hold," 1 "Moderate Sell," and 3 "Strong Sell" ratings [5] Price Targets - UBS analyst Chris Kuntarich reaffirmed a "Buy" rating with an $80 price target for TTD [6] - The mean price target of $63.09 indicates a 55.9% premium to current price levels, while the highest target of $98 suggests a potential upside of 142.2% [6]