The Trade Desk, Inc. (TTD)
NASDAQ: TTD · IEX Real-Time Price · USD
96.01
+0.29 (0.30%)
At close: Jul 19, 2024, 4:00 PM
96.79
+0.78 (0.81%)
Pre-market: Jul 22, 2024, 7:22 AM EDT
The Trade Desk Stock Forecast
Stock Price Forecast
The 24 analysts with 12-month price forecasts for The Trade Desk stock have an average target of 96.38, with a low estimate of 34 and a high estimate of 120. The average target predicts an increase of 0.39% from the current stock price of 96.01.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for The Trade Desk stock from 27 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 10 | 10 | 10 | 10 | 10 | 10 |
| Buy | 13 | 13 | 13 | 12 | 13 | 13 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Total | 27 | 27 | 27 | 26 | 27 | 27 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy Maintains $105 → $120 | Buy | Maintains | $105 → $120 | +24.99% | Jul 15, 2024 |
| Needham | Needham | Strong Buy Reiterates $100 | Strong Buy | Reiterates | $100 | +4.16% | Jul 9, 2024 |
| Wedbush | Wedbush | Buy Initiates $110 | Buy | Initiates | $110 | +14.57% | Jun 17, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $110 | Buy | Maintains | $110 | +14.57% | Jun 11, 2024 |
| Loop Capital | Loop Capital | Strong Buy Maintains $102 → $109 | Strong Buy | Maintains | $102 → $109 | +13.53% | May 16, 2024 |
Financial Forecast
Revenue This Year
2.44B
from 1.95B
Increased by 25.22%
Revenue Next Year
2.92B
from 2.44B
Increased by 19.94%
EPS This Year
1.55
from 0.36
Increased by 329.19%
EPS Next Year
1.84
from 1.55
Increased by 19.20%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.6B | 3.3B | 4.0B | 4.6B | 5.5B |
| Avg | 2.4B | 2.9B | 3.6B | 4.3B | 5.1B |
| Low | 2.3B | 2.4B | 2.5B | 3.9B | 4.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 32.6% | 36.0% | 38.3% | 28.1% | 28.3% |
| Avg | 25.2% | 19.9% | 21.9% | 19.5% | 20.4% |
| Low | 18.6% | -3.0% | -13.4% | 10.2% | 11.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.77 | 2.29 | 2.79 | 3.51 | 4.35 |
| Avg | 1.55 | 1.84 | 2.39 | 3.37 | 4.18 |
| Low | 1.31 | 1.41 | 1.95 | 3.27 | 4.06 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 392.9% | 48.1% | 51.7% | 46.7% | 28.9% |
| Avg | 329.2% | 19.2% | 29.8% | 41.1% | 24.0% |
| Low | 264.8% | -8.7% | 5.9% | 37.0% | 20.3% |
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.