The Trade Desk, Inc. (TTD)
NASDAQ: TTD · Real-Time Price · USD
129.70
+2.35 (1.85%)
Nov 22, 2024, 4:00 PM EST - Market closed

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 123.97, with a low estimate of 57 and a high estimate of 150. The average target predicts a decrease of -4.42% from the current stock price of 129.70.

Analyst Consensus: Buy
Target Low Average Median High
Price $57 $123.97 $135 $150
Change -56.05% -4.42% +4.09% +15.65%

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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 10910101011
Buy 131412111213
Hold 222433
Sell 000000
Strong Sell 211122
Total 272625262729

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Macquarie
Macquarie
Buy
Maintains
$133$150
Buy Maintains $133$150 +15.65% Nov 22, 2024
Evercore ISI Group
Evercore ISI Group
Buy
Maintains
$110$135
Buy Maintains $110$135 +4.09% Nov 21, 2024
Susquehanna
Susquehanna
Buy
Maintains
$150
Buy Maintains $150 +15.65% Nov 21, 2024
Loop Capital
Loop Capital
Strong Buy
Maintains
$120$145
Strong Buy Maintains $120$145 +11.80% Nov 11, 2024
DA Davidson
DA Davidson
Strong Buy
Maintains
$108$134
Strong Buy Maintains $108$134 +3.32% Nov 11, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
2.48B
from 1.95B
Increased by 27.23%
Revenue Next Year
2.98B
from 2.48B
Increased by 20.40%
EPS This Year
1.63
from 0.36
Increased by 352.21%
EPS Next Year
1.93
from 1.63
Increased by 18.58%
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
661.06M836.03M1.20B1.58B1.95B2.48B2.98B3.55B
Revenue Growth
38.50%26.47%43.11%31.87%23.34%27.23%20.40%19.09%
EPS
0.230.490.280.110.361.631.932.39
EPS Growth
19.79%113.04%-42.86%-60.85%228.37%352.21%18.58%23.80%
Forward PE
-----79.6767.1854.27
No. Analysts -----353522
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 2.6B 3.3B 4.1B
Avg 2.5B 3.0B 3.6B
Low 2.4B 2.6B 2.5B

Revenue Growth

Revenue Growth 20242025202620272028
High
34.1%
31.8%
37.2%
Avg
27.2%
20.4%
19.1%
Low
21.0%
3.8%
-14.6%

EPS Forecast

EPS 20242025202620272028
High 1.83 2.29 2.82
Avg 1.63 1.93 2.39
Low 1.41 1.45 1.66

EPS Growth

EPS Growth 20242025202620272028
High
407.5%
40.6%
46.3%
Avg
352.2%
18.6%
23.8%
Low
292.0%
-10.9%
-14.2%
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.