The Trade Desk, Inc. (TTD) Stock Forecasts

The Trade Desk (TTD) shares fell 11% in September. The company announced a 15% workforce reduction, with estimated charges of $39M-$51M. It was removed from the S&P 500 index. Rival Amazon (AMZN) partnered with OpenAI, and TTD faced issues serving ads to Apple's (AAPL) Safari browser.

Apple's iOS 17 update blocks certain ad tech companies from tracking users in Safari, affecting firms like The Trade Desk and LiveRamp. Apple can dynamically update the blocklist via WebKit. Ad execs express concern, while some ID vendors test workarounds. The Trade Desk's ad server was temporarily removed from the blocklist. Meanwhile, platforms like TikTok, Meta, and X are enhancing AI tools for ad creative. Apple's move and ad tech developments impact the digital advertising landscape.

Apple's iOS 17 update expanded restrictions, blocking hundreds of programmatic data companies from collecting data or serving ads on Safari and other browsers using WebKit. The list, managed via a dynamic remote process, includes major players like The Trade Desk and LiveRamp, with Apple having sole discretion over inclusions. The full list remains private, and affected vendors may be unaware of their status.

Capricor Therapeutics (CAPR) shares rose 17% after positive clinical data. Iovance Biotherapeutics (IOVA) gained 31% on raised revenue outlook. DraftKings (DKNG) fell 7% amid competitor funding news. Trade Desk (TTD) declined on revenue growth concerns. Dow is down for Q3, while S&P 500 and Nasdaq are up. PCE data release expected to impact markets.

The Trade Desk Inc. (TTD) shares fell 5.01% amid concerns over slowing ad spend and valuation pressure. The company announced a 15% workforce reduction, which may result in $39–$51M in severance costs. TTD is also being removed from the S&P 500 and Bloomberg 500 Indexes, which could trigger passive fund selling. Despite solid financials, analysts remain neutral, with a consensus price target of $13.31.

Guggenheim raised its price target for The Trade Desk (TTD) to $13.00 from $12.00, citing cost cuts and improved 2027 EBITDA estimates. The stock is down 67% year-over-year. Guggenheim expects revenue decline in early 2027 but growth later. TTD announced a 15% workforce reduction for $150M in annual savings. Other analysts have mixed reactions to the changes.