Wells Fargo Trims PT on The Trade Desk (TTD), Reduces Q2-Q4 Forecasts

The Trade Desk, Inc. (NASDAQ:TTD) earns a spot on our list of the 15 Stocks Set to Explode in the Next 3 Years. Wells Fargo Trims PT on The Trade Desk (TTD), Reduces Q2-Q4 Forecasts As of April 6, 2026, 48% of covering analysts hold bullish ratings for The Trade Desk, Inc. (NASDAQ:TTD), while 45%…


Wells Fargo Trims PT on The Trade Desk (TTD), Reduces Q2-Q4 Forecasts

The Trade Desk, Inc. (NASDAQ:TTD) earns a spot on our list of the 15 Stocks Set to Explode in the Next 3 Years.

Wells Fargo Trims PT on The Trade Desk (TTD), Reduces Q2-Q4 Forecasts
Wells Fargo Trims PT on The Trade Desk (TTD), Reduces Q2-Q4 Forecasts

As of April 6, 2026, 48% of covering analysts hold bullish ratings for The Trade Desk, Inc. (NASDAQ:TTD), while 45% remain cautious toward the stockโ€™s outlook. Still, the consensus price target of $30.00 implies an upside of over 35%.

On the same day, Wells Fargo kept its โ€œEqual Weightโ€ rating while reducing its price target on The Trade Desk, Inc. (NASDAQ:TTD) from $25 to $24. The investment firm cited a fee issue affecting Publicis ad spending, with other agencies also evaluating similar issues. Anticipating an in-line performance in Q1, Wells Fargo reduced its Q2 through Q4 forecasts on mixed checks. Additionally, according to the firm, the March ad budget cuts due to Iran-related geopolitical concerns appear to be restricted to categories with direct supply chain exposure.

Meanwhile, Drew Vollero was appointed to The Trade Desk, Inc. (NASDAQ:TTD)โ€™s board of directors on March 25, 2026. According to CEO Jeff Green, Volleroโ€™s leadership across technology firms, strategic mindset, and CFO experience are expected to help the company grow internationally and provide long-term shareholder value.

The Trade Desk, Inc. (NASDAQ:TTD) offers omnichannel advertising, audience targeting, identity solutions, APIs, and programmatic optimization through its self-service, cloud-based ad-buying platform. Its headquarters are located in Ventura, California, and it was founded in November 2009 by Jeffrey Terry Green and David Pickles.

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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