Here’s What Analysts Are Saying About The Trade Desk (TTD)

Core Viewpoint - The Trade Desk, Inc. (NASDAQ:TTD) is considered one of the most oversold stocks on NASDAQ, with recent price target adjustments reflecting a more conservative growth outlook amid competitive pressures in the advertising sector [1][2]. Group 1: Price Target Adjustments - KeyBanc reduced its price target for The Trade Desk, Inc. from $88 to $40 while maintaining an Overweight rating, indicating expectations of a volatile quarter for small and mid-cap advertising earnings [1]. - Rosenblatt also lowered its price target from $64 to $53, keeping a Buy rating, citing the unexpected termination of CFO Alexander Kayyal as a factor affecting the company's valuation premium [2]. Group 2: Company Overview - The Trade Desk, Inc. offers a self-service, cloud-based ad-buying platform that includes omnichannel advertising, audience targeting, identity solutions, API, custom, programmatic, measurement, and optimization services [2]. Group 3: Market Context - The current market environment features competition for incremental advertising budgets and a focus on agentic AI themes, which may impact The Trade Desk's growth prospects [1].