Trade Desk Earnings: Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

The Trade Desk (TTD) is set to release its fourth-quarter financial results on Wednesday, February 12, 2025, and analysts have been busy revising their forecasts ahead of the earnings call. With a consensus rating of "Buy" from 29 analysts, investors are eager to see how the company's performance aligns with expectations. The average one-year price target of $117.9 implies a potential 1.7% downside, indicating that analysts expect the stock to appreciate over the next year.



The most accurate analysts have revised their forecasts for TTD as follows:

1. Keybanc analyst Alex Markgraff:
* Maintained an Overweight rating
* Raised the price target from $140 to $142
* Accuracy rate: 74%
2. BMO Capital analyst Brian Pitz:
* Maintained an Outperform rating
* Raised the price target from $125 to $160
* Accuracy rate: 78%
3. Morgan Stanley analyst Matthew Cost:
* Maintained an Overweight rating
* Raised the price target from $130 to $145
* Accuracy rate: 68%
4. Wells Fargo analyst Alec Brondolo:
* Maintained an Overweight rating
* Increased the price target from $141 to $142
* Accuracy rate: 62%
5. Wedbush analyst Scott Devitt:
* Maintained an Outperform rating
* Raised the price target from $135 to $145
* Accuracy rate: 84%



The consensus estimates for TTD's fourth-quarter earnings are:

* Earnings per share (EPS): $0.57
* Revenue: $766.52 million

Comparing the most accurate analysts' revised forecasts with the consensus estimates, we can draw the following insights:

1. All the analysts mentioned above have raised their price targets, indicating a positive outlook on TTD's stock.
2. The accuracy rates of these analysts range from 62% to 84%, suggesting that their opinions carry weight.
3. The consensus EPS estimate of $0.57 is lower than the highest individual analyst estimate (Brian Pitz's $0.60). This discrepancy could indicate that some analysts have a more bullish outlook on TTD's earnings potential.
4. The consensus revenue estimate of $766.52 million is higher than the lowest individual analyst estimate (Alex Markgraff's $759.56 million). This discrepancy could suggest that some analysts are more optimistic about TTD's revenue growth.
5. The average price target of the most accurate analysts ($143.40) is higher than the consensus price target ($142.00), further emphasizing their bullish stance on TTD's stock.

In conclusion, the revised earnings forecasts by the most accurate analysts align with the consensus estimates, with some discrepancies indicating a more bullish outlook on TTD's earnings and revenue potential. The positive price target revisions and high accuracy rates of these analysts suggest that investors should pay close attention to their opinions when considering TTD as an investment opportunity. As the earnings call approaches, investors will be watching closely to see if Trade Desk can meet or exceed these expectations.