The Trade Desk Stock Forecast

Stock Price Forecast

The 22 analysts with 12-month price forecasts for The Trade Desk stock have an average target of 91.83, with a low estimate of 34 and a high estimate of 110. The average target predicts an increase of 9.60% from the current stock price of 83.79.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$34	$91.83	$100	$110
Change	-59.42%	+9.60%	+19.35%	+31.28%

* Price targets were last updated on Mar 21, 2024.

Analyst Ratings

The average analyst rating for The Trade Desk stock from 26 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	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	9	10	10	10	10	9
Buy	12	12	13	13	13	13
Hold	2	1	1	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	2	2	2	2	2	2
Total	25	25	26	27	27	26

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Laura Martin Needham	Needham	Strong Buy Reiterates $100	Strong Buy	Reiterates	$100	+19.35%	Mar 21, 2024
Laura Martin Needham	Needham	Strong Buy Reiterates $100	Strong Buy	Reiterates	$100	+19.35%	Feb 22, 2024
Mark Zgutowicz Benchmark	Benchmark	Strong Sell Maintains $32 → $42	Strong Sell	Maintains	$32 → $42	-49.87%	Feb 16, 2024
Nicholas Zangler Stephens & Co.	Stephens & Co.	Buy Reiterates $85	Buy	Reiterates	$85	+1.44%	Feb 16, 2024
Matthew Hedberg RBC Capital	RBC Capital	Buy Maintains $90 → $105	Buy	Maintains	$90 → $105	+25.31%	Feb 16, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

2.41B

from 1.95B

23.89%

from 1.95B

Revenue Next Year

2.88B

from 2.41B

19.62%

from 2.41B

EPS This Year

1.49

from 0.36

314.30%

from 0.36

EPS Next Year

1.78

from 1.49

19.64%

from 1.49

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	661.06M	836.03M	1.20B	1.58B	1.95B	2.41B	2.88B	3.51B	4.19B	5.08B
Revenue Growth	38.50%	26.47%	43.11%	31.87%	23.34%	23.89%	19.62%	21.84%	19.27%	21.19%
EPS	0.23	0.49	0.28	0.11	0.36	1.49	1.78	2.32	3.37	4.21
EPS Growth	19.79%	113.04%	-42.86%	-60.71%	227.27%	314.30%	19.64%	29.82%	45.62%	24.85%
No. Analysts	-	-	-	-	-	32	29	14	2	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	2.6B	3.3B	4.0B	4.4B	5.3B
Avg	2.4B	2.9B	3.5B	4.2B	5.1B
Low	2.3B	2.2B	2.4B	3.9B	4.9B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	33.2%	36.8%	39.6%	26.3%	26.0%
Avg	23.9%	19.6%	21.8%	19.3%	21.2%
Low	15.9%	-7.5%	-17.3%	12.3%	17.6%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	1.76	2.23	2.72	3.51	4.38
Avg	1.49	1.78	2.32	3.37	4.21
Low	1.20	1.37	1.90	3.27	4.09

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	390.0%	49.2%	52.4%	51.4%	29.8%
Avg	314.3%	19.6%	29.8%	45.6%	24.9%
Low	232.1%	-8.0%	6.5%	41.3%	21.1%

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.