DA Davidson Lowers PT on The Trade Desk (TTD) stock

The Trade Desk, Inc. (NASDAQ:TTD) is one of the Worst Performing Stocks to Invest in on the Dip. On November 10, DA Davidson reduced the price target on the company’s stock to $54 from $80, while keeping a “Buy” rating, as reported by The Fly. As per the analyst, The Trade Desk, Inc. (NASDAQ:TTD) posted a strong Q3 2025, but implied growth of the Q4 2025 outlook might not be enough to address the investor concerns related to the increased competition as well as potential threats from AI. Furthermore, the firm believes that the company appears to be playing more defense right now.

The company’s revenue grew to $739 million in Q3 2025, reflecting 18% YoY growth, with the rise mainly because of increased gross spend in the current year on its platform, which was primarily due to increased spend per advertising campaign and new clients. The Trade Desk, Inc. (NASDAQ:TTD)’s GAAP diluted EPS came in at $0.23 in Q3 2025, reflecting a rise from $0.19 in Q3 2024. The company’s momentum is being driven by new product innovations it launched throughout its Kokai platform.

For Q4 2025, The Trade Desk, Inc. (NASDAQ:TTD) expects revenue of at least $840 million and adjusted EBITDA of ~$375 million.

While we acknowledge the potential of TTD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.