Home / Business and Economy / Trade Desk Stock Plunges 64% Despite Tech Boom, Analysts See 50% Upside
Trade Desk Stock Plunges 64% Despite Tech Boom, Analysts See 50% Upside
18 Nov
Summary
- Trade Desk stock down 64% in 2025 despite tech sector gains
- Average analyst price target implies 50% upside from current levels
- Benchmark upgrades stock to 'Buy' citing industry growth hurdles in rearview
As of November 18th, 2025, the stock of adtech platform Trade Desk, Inc. (TTD) has lost approximately 64% this year, despite the broader market and tech sector posting solid gains. This steep decline has occurred despite the average analysts' price target of $62.81, which implies around 50% upside from the stock's Friday close.
The bulk of Trade Desk's stock declines came after the company's earnings reports released earlier this year. In February, the stock fell due to subpar revenue performance in Q4, while the August sell-off was triggered by slower revenue growth in Q2 and a soft Q3 forecast. Traders also expressed concerns over Amazon's growing ad unit and the departure of Trade Desk's CFO.
However, the tide may be turning for the company. Following the latest quarterly results, Benchmark upgraded Trade Desk's stock to 'Buy' from 'Hold,' citing its view that the prior perceived industry growth hurdles were generally in the rearview. The analysts believe the company's forward-chain innovations, including OpenPath, OpenAds, and Deal Desk, will be "critical differentiators driving significant AI efficiency gains," countering concerns about commoditization.
Trade Desk's CFO, Jeff Green, has also highlighted the benefits of artificial intelligence (AI) and the company's continued momentum fueled by new product innovations across its Kokai platform, which are helping brands unlock the full potential of data-driven advertising.
