The Trade Desk, Inc. (TTD)
NASDAQ: TTD · Real-Time Price · USD
123.96
+2.29 (1.88%)
At close: Dec 24, 2024, 1:00 PM
123.95
-0.01 (-0.01%)
After-hours: Dec 24, 2024, 3:42 PM EST

The Trade Desk Stock Forecast

Stock Price Forecast

The 28 analysts with 12-month price forecasts for The Trade Desk stock have an average target of 126.46, with a low estimate of 57 and a high estimate of 155. The average target predicts an increase of 2.02% from the current stock price of 123.96.

Analyst Consensus: Buy
Target Low Average Median High
Price $57 $126.46 $135 $155
Change -54.02% +2.02% +8.91% +25.04%

Analyst Ratings

The average analyst rating for The Trade Desk stock from 29 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 91010101110
Buy 141211121314
Hold 224333
Sell 000000
Strong Sell 111222
Total 262526272929

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Wedbush
Wedbush
Buy
Reiterates
$135
Buy Reiterates $135 +8.91% Dec 19, 2024
Truist Securities
Truist Securities
Strong Buy
Maintains
$135$155
Strong Buy Maintains $135$155 +25.04% Dec 17, 2024
Wedbush
Wedbush
Buy
Reiterates
$135
Buy Reiterates $135 +8.91% Dec 12, 2024
Scotiabank
Scotiabank
Buy
Initiates
$133
Buy Initiates $133 +7.29% Dec 5, 2024
Macquarie
Macquarie
Buy
Maintains
$133$150
Buy Maintains $133$150 +21.01% Nov 22, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
2.49B
from 1.95B
Increased by 27.79%
Revenue Next Year
3.00B
from 2.49B
Increased by 20.79%
EPS This Year
1.65
from 0.36
Increased by 358.77%
EPS Next Year
1.94
from 1.65
Increased by 17.71%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
661.06M836.03M1.20B1.58B1.95B2.49B3.00B3.66B
Revenue Growth
38.50%26.47%43.11%31.87%23.34%27.79%20.79%21.87%
EPS
0.230.490.280.110.361.651.942.42
EPS Growth
19.79%113.04%-42.86%-60.85%228.37%358.77%17.71%24.68%
Forward PE
-----75.0663.7751.14
No. Analysts -----373726
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026202720282029
High 2.6B 3.3B 4.0B
Avg 2.5B 3.0B 3.7B
Low 2.4B 2.8B 3.2B

Revenue Growth

Revenue Growth 202420252026202720282029
High
33.9%
31.0%
34.0%
Avg
27.8%
20.8%
21.9%
Low
23.2%
11.0%
6.1%

EPS Forecast

EPS 202420252026202720282029
High 1.79 2.32 2.87
Avg 1.65 1.94 2.42
Low 1.55 1.46 1.70

EPS Growth

EPS Growth 202420252026202720282029
High
395.8%
40.5%
47.5%
Avg
358.8%
17.7%
24.7%
Low
330.1%
-11.6%
-12.8%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.