Analysts Temper Expectations for The Trade Desk Amid Growth Concerns

The advertising technology sector has seen one of its former high-fliers face significant headwinds. Over the past year, shares of The Trade Desk have endured a painful decline, trading approximately 68% below their 52-week peak. This substantial drop has prompted several major financial institutions to reassess their outlook, resulting in a wave of price target reductions. While most maintain their existing ratings, the central debate has shifted from hopes of a near-term rebound to a more fundamental question: can the company reaccelerate its growth rate beginning in 2025?

The latest adjustments are part of a broader trend of analysts recalibrating their models. At the start of the week, two prominent firms made significant Read more...