Rosenblatt Securities analyst Mark Zgutowicz reiterated a Hold rating on Trade Desk (NASDAQ:TTD) Inc on Friday, setting a price target of $440, which is approximately 8.54% below the present share price of $481.11.
Zgutowicz expects Trade Desk Inc to post earnings per share (EPS) of $0.53 for the third quarter of 2020.
The current consensus among 11 TipRanks analysts is for a Moderate Buy rating of shares in Trade Desk, with an average price target of $364.82.
The analysts price targets range from a high of $525 to a low of $208.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $160.66 million and a net profit of $10.77 million. The company's market cap is $22.84 billion.
According to TipRanks.com, Rosenblatt Securities analyst Mark Zgutowicz is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 41.2% and a 75.00% success rate.
The Trade Desk, Inc. is a technology company, which engages in the provision of technology platform for advertising buyers. It operates through United States and International geographical segments. The firm's products include audio advertising, mobile advertising, native advertising, data management platform, cross-device targeting, and inventory and marketplaces. The company was founded by Jeffrey Terry Green and David Pickles in November 2009 and is headquartered in Ventura, CA.