The Trade Desk, Inc. (NASDAQ:TTD) ranks among the best innovative stocks to buy according to Wall Street analysts. On February 3, KeyBanc cut its price target on The Trade Desk, Inc. (NASDAQ:TTD) to $40 from $88 while maintaining an Overweight rating. The reduction reflects KeyBanc’s more conservative growth forecast and lowered EV/EBITDA multiples.
Nonetheless, The Trade Desk, Inc. (NASDAQ:TTD) reaffirmed its fourth-quarter 2025 estimates, anticipating revenue growth of “at least $840 million,” a rise of 13% (19% without political advertising), and adjusted EBITDA of “approximately $375 million,” a 7% gain.
Meanwhile, on January 27, Rosenblatt reduced its price target for The Trade Desk, Inc. (NASDAQ:TTD) to $53 from $64 while retaining a Buy rating after the sudden departure of the company’s CFO, Alexander Kayyal, who had been in the role for only five months.
The Trade Desk, Inc. (NASDAQ:TTD), a leading supplier of advertising technology, specializes in offering advertising solutions to digital marketers. Advertisers may plan, manage, and optimize their digital ad campaigns across various platforms and channels using its self-service, transparent software, and cloud-based platform.
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.