
Trade Desk (TTD) Stock Forecast & Price Target
Trade Desk (TTD) Analyst Ratings
Bulls say
The Trade Desk has demonstrated strong growth potential, as evidenced by a significant increase in client spending on platforms like Prime Video, which rose 8x year-over-year in the fourth quarter of 2024. The company's market share of programmatic ad spend has also expanded, reaching 8.8% in 2024, an increase from 7.3% in 2023 and 6.2% in 2022, positioning it favorably within the competitive landscape. Additionally, Trade Desk's strategic initiatives, such as OpenPath and a focus on connected TV and retail media networks, are expected to further enhance revenue opportunities and expand its total addressable market.
Bears say
The Trade Desk is projected to experience further growth compression in 2025, with expected revenue growth excluding political contributions at 19.0%, which is approximately 250 basis points below consensus estimates. Additionally, the company's premium growth has significantly declined from 4.0x in 2022 to 1.6x in 2024, and its implied multiple for 2025 is pointing in the wrong direction at 2.1x. Furthermore, external factors such as the deceleration of programmatic spending, a weakening consumer environment, and rising competition pose significant risks to the firm's revenue outlook.
This aggregate rating is based on analysts' research of Trade Desk and is not a guaranteed prediction by Public.com or investment advice.
Trade Desk (TTD) Analyst Forecast & Price Prediction
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