Needham analyst Laura Martin maintained a Buy rating on Trade Desk (NASDAQ:TTD) on Friday, setting a price target of $100, which is approximately 29.72% above the present share price of $77.09.
Martin expects Trade Desk to post earnings per share (EPS) of $0.10 for the fourth quarter of 2021.
The current consensus among 15 TipRanks analysts is for a Strong Buy rating of shares in Trade Desk, with an average price target of $93.23.
The analysts price targets range from a high of $115 to a low of $60.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $279.97 million and a net profit of $61.95 million. The company's market cap is $36.9 billion.
According to TipRanks.com, Needham analyst Laura Martin is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 25.4% and a 61.68% success rate.
California-based The Trade Desk, Inc. is a technology company which provides a technology platform for advertising buyers in the United States, Europe and Asia. Through its cloud-based platform, ad buyers can create, manage, and optimize more expressive data-driven digital advertising campaigns across ad formats, including display, video, audio, native and social, on a multitude of devices, including computers, mobile devices, and connected TV.