
Trade Desk (TTD) Stock Forecast & Price Target
Trade Desk (TTD) Analyst Ratings
Bulls say
The Trade Desk demonstrated strong financial performance in the third quarter of 2025, with revenues increasing approximately 18% year-over-year to $739 million, and EBITDA rising 23.3% year-over-year to $317 million, indicating a robust 42.8% margin. The growing adoption of the Kokai platform among clients, increasing from 65% in Q1 2025 to 85% by Q3 2025, illustrates the firm’s strengthening market position and customer engagement. Furthermore, projections for fiscal year 2027 estimate revenues of $3.8 billion, representing a 14% year-over-year growth, highlighting Trade Desk's potential for continued expansion in the competitive digital advertising landscape.
Bears say
The Trade Desk's third-quarter revenue growth rate of 18% marks the slowest pace since the first quarter of 2022, with fourth-quarter guidance projecting a further deceleration to 13% year-over-year. Key risks identified for the company's financial outlook include potential declines in ad spending driven by macroeconomic pressures, persistent competition, and the challenges of increased working capital demands, as well as the depreciation of cookies impacting targeting efficiency. Furthermore, downward pressures on the company's take-rate and difficulties in maintaining essential partnerships with third-party data providers may hinder future growth and profitability.
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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