Trade Desk Inc (TTD) Stock Forecast & Predictions

Trade Desk Inc - Class A TTD: $720.34

42 N Chestnut St, Ventura, California, US. | Sector: Information | Exchange: NASDAQ/NMS (GLOBAL MARKET) | Web: https://thetradedesk.com/

  • Market Cap$30.43B
  • Change (52 Weeks)189.64%
  • Low (52 Weeks)$248.05
  • Trade Desk Inc (TTD) Stock Forecast By Analysts


    On Hold
    Analysts Recommendations for Trade Desk Inc (TTD) is based on 23 Institutional Analyst Ratings where 43.48% are on Strong Buy, 8.70% on Moderate Buy, 43.48% remains on Hold, 0.00% are on Moderate Sell and 4.35% are on Strong Sell.

    Out of 23 Institutional Analysts, majority recommended TTD stock as On Hold. This means investors are recommended to hold their existing positions if any, otherwise, the recommendation is neither to buy nor sell at this stage. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Trade Desk Inc.

    Trade Desk Inc (TTD) Stock Price Prediction By Analysts


    HighLowAverage
    $1127.70$259.57$860.60
    $860.6019.47% Upside
    Updated: 2021-04-22 00:00:00

    The Average Price target for TTD set by the institutional analysts is $860.60 where High Estimate is $1127.70, Median $907.8000000000001 and Low $259.57.

    The average price target for TTD by Institutional Analysts is $860.60, which is 19.47% Upside from the current price. So according to the Institutional Analysts, TTD Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Trade Desk Inc (TTD) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 388,226 investor portfolio.

    Our algorithm has analysed 388,226 investor portfolio with TTD stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about TTD and holding their positions hoping for a further rise in the stock price and more profit.

    Trade Desk Inc (TTD) Stock Forecast Based on News Sentiment


    Bullish
    Based on 9 articles published Last Week, where 100.00% are Bullish and 0.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked positively about TTD, it shows that Trade Desk Inc had a 100.00% positive news coverage.

    Positive news coverage usually affects short-term price of a stock, so this positive coverage provides an indication that TTD stock price may surge in the next few weeks.

    Trade Desk Inc (TTD) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Vertical ResearchPositiveUpgraded
    Evercore ISI GroupOutperformInitiated
    KeyBancOverweightUpgraded
    DA DavidsonBuyUpgraded
    MacquarieOutperformMaintained
    RosenblattNeutralMaintained
    NeedhamBuyMaintained
    BerenbergBuyInitiated
    KeyBancSector WeightDowngraded
    NeedhamBuyMaintained
    KeyBancOverweightInitiated
    Truist SecuritiesHoldMaintained
    DA DavidsonNeutralMaintained
    CitigroupNeutralMaintained
    Stephens & Co.Equal-WeightDowngraded
    NeedhamBuyMaintained
    StifelHoldMaintained
    OppenheimerOutperformMaintained
    NeedhamBuyMaintained
    RosenblattNeutralMaintained
    CitigroupNeutralMaintained
    DA DavidsonNeutralDowngraded
    SunTrust Robinson HumphreyHoldDowngraded
    RBC CapitalSector PerformDowngraded
    NeedhamBuyMaintained
    SunTrust Robinson HumphreyBuyMaintained
    OppenheimerOutperformMaintained
    CitigroupNeutralMaintained
    Stephens & Co.OverweightMaintained
    NeedhamBuyMaintained
    OppenheimerOutperformMaintained
    CitigroupNeutralMaintained
    Wells FargoOverweightUpgraded
    SunTrust Robinson HumphreyBuyMaintained
    Stifel NicolausHoldMaintained
    Stephens & Co.OverweightMaintained
    RosenblattNeutralReiterated
    NomuraNeutralMaintained
    StifelHoldMaintained
    Pivotal ResearchBuyMaintained
    NeedhamBuyUpgraded
    Stifel NicolausHoldMaintained
    Stephens & Co.OverweightInitiated
    RBC CapitalOutperformUpgraded
    NomuraNeutralUpgraded
    SunTrust Robinson HumphreyBuyMaintained
    Raymond JamesMarket PerformDowngraded
    OppenheimerOutperformMaintained
    NomuraReduceMaintained
    CitiNeutralDowngraded
    JefferiesHoldDowngraded
    RBC CapitalSector PerformDowngraded
    NomuraReduceDowngraded
    Pivotal ResearchBuyInitiated
    SusquehannaPositiveMaintained
    NomuraNeutralMaintained
    SunTrust Robinson HumphreyBuyMaintained
    JMP SecuritiesMarket PerformDowngraded
    NeedhamHoldInitiated
    JefferiesBuyMaintained
    CitigroupBuyMaintained
    Stifel NicolausHoldDowngraded
    JefferiesBuyMaintained
    DA DavidsonBuyInitiated
    Stifel NicolausBuyMaintained
    RBC CapitalOutperformMaintained
    NomuraNeutralMaintained
    CitigroupBuyMaintained
    NomuraNeutralInitiated
    Pivotal ResearchSellInitiated
    CitigroupBuyMaintained
    Stifel NicolausBuyMaintained
    Wells FargoMarket PerformDowngraded
    Stifel NicolausBuyMaintained
    OppenheimerOutperformInitiated
    PiperJaffrayOverweightInitiated
    CitigroupBuyMaintained
    CitigroupBuyMaintained
    Stifel NicolausBuyMaintained
    Stifel NicolausBuyInitiated
    Wells FargoOutperformInitiated
    SunTrust Robinson HumphreyBuyUpgraded
    MacquarieOutperformInitiated
    JMP SecuritiesOutperformInitiated
    SunTrust Robinson HumphreyHoldInitiated
    CitigroupBuyMaintained
    Cantor FitzgeraldOverweightMaintained
    Cantor FitzgeraldOverweightUpgraded
    RBC CapitalOutperformInitiated
    Raymond JamesOutperformInitiated
    NeedhamBuyInitiated
    JefferiesBuyInitiated
    CitigroupBuyInitiated
    Cantor FitzgeraldBuyInitiated

    Trade Desk Inc (TTD) Stock Earning Per Share (EPS) Forecast / Estimate


    $1.082
    The average consensus EPS for TTD is $1.082 with a high estimate of $1.460 and Low of $0.294 for the period 2021-06-30 and based on 17 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $1.27$0.43343142020-09-30


    The latest average Earning Per Share Estimate for Trade Desk Inc is $1.08, which is lower than TTD's last EPS, $1.27. This means that Analysts are expecting Trade Desk Inc to report lower earnings. This can drive share prices lower since the investors have negative sentiment about market performance of Trade Desk Inc.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $1.27$0.43343142020-09-30
    $0.92$0.16975072020-06-30
    $0.9$0.420162020-03-31
    $1.49$1.17773072019-12-31
    $0.75$0.67244792019-09-30
    $0.95$0.6952842019-06-30
    $0.49$0.24816712019-03-31
    $1.09$0.8024452018-12-31
    $0.65$0.50533330000000012018-09-30
    $0.6$0.440965999999999972018-06-30
    $0.34$0.10035362018-03-31
    $0.54$0.437441099999999972017-12-31
    $0.35$0.278133800000000042017-09-30
    $0.52$0.186852017-06-30
    $0.18$-0.002022017-03-31
    $0.33$0.228936700000000022016-12-31
    $0.24$0.21378672016-09-30

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).