The Trade Desk Inc. (TTD) Shares Rise 10.09% on July 15: Analysts Predict 6.09% Upside

The Trade Desk Inc (TTD) shares rose 10.09% on July 15, reaching an intraday high of $86.00 and settling at $83.04. Trading volume was 29.67 million shares, 468.3% higher than the average daily volume. Analysts forecast an average target price of $88.10, with an upside of 6.09% from the current price. The estimated GF Value for TTD in one year is $131.79, suggesting a 58.71% upside from the current price.

The Trade Desk Inc (TTD) shares surged 10.09% on July 15, reaching an intraday high of $86.00 and settling at $83.04. Trading volume was 29.67 million shares, a staggering 468.3% higher than the average daily volume. Analysts forecast an average target price of $88.10, with an upside of 6.09% from the current price. The estimated GF Value for TTD in one year is $131.79, suggesting a 58.71% upside from the current price [3].

The stock's performance was driven by several key developments. First, S&P Dow Jones Indices announced that The Trade Desk would be added to the S&P 500 index, replacing Ansys (NASDAQ:ANSS). This inclusion is expected to take effect before trading begins on July 18 [3]. The move follows the regulatory clearance of Synopsys (NASDAQ:SNPS) to acquire Ansys in a $35 billion transaction [3].

Analysts have been bullish on The Trade Desk's prospects. CFRA raised its price target on The Trade Desk to $110.00 from $82.00 while maintaining a Buy rating. The firm cited the company's strong revenue growth, impressive gross margins, and the potential for improved sentiment and institutional investment flows from the S&P 500 inclusion [1]. Other analysts have also shown confidence in the company's growth potential. Citi raised its price target to $90 from $82, while Evercore ISI upgraded The Trade Desk's stock rating to Outperform [1].

Despite the positive outlook, The Trade Desk has faced challenges. The company has been recovering from recent execution issues, including changes in engineering product processes and client-facing teams. However, CFRA views growth expectations of 13%-15% year-over-year in the second half as attainable, with an anticipated acceleration to high-teens growth in 2026 [1].

The Trade Desk's inclusion in the S&P 500 marks a pivotal step in its transition from a high-growth tech name to a blue-chip staple. Morgan Stanley pointed out that the move is likely to broaden its investor base and support further valuation upside [2].

In summary, The Trade Desk's stock performance on July 15 was driven by its inclusion in the S&P 500 index and positive analyst ratings. While the stock has faced challenges, its strong revenue growth and growth expectations have analysts bullish on its future prospects.

References:
[1] https://za.investing.com/news/analyst-ratings/the-trade-desk-stock-price-target-raised-to-110-from-82-at-cfra-93CH-3789768
[2] https://www.mitrade.com/insights/news/live-news/article-8-958387-20250715
[3] https://uk.finance.yahoo.com/news/why-trade-desk-ttd-stock-193627208.html