Morgan Stanley Downgrades Trade Desk (XTRA:TT8)
Fintel reports that on September 10, 2025, Morgan Stanley downgraded their outlook for Trade Desk (XTRA:TT8) from Overweight to Equal-Weight.
Analyst Price Forecast Suggests 47.69% Upside
As of August 22, 2025, the average one-year price target for Trade Desk is 66,09 €/share. The forecasts range from a low of 38,96 € to a high of 121,51 €. The average price target represents an increase of 47.69% from its latest reported closing price of 44,75 € / share.
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The projected annual revenue for Trade Desk is 2,994MM, an increase of 11.75%. The projected annual non-GAAP EPS is 2.00.
What is the Fund Sentiment?
There are 1,762 funds or institutions reporting positions in Trade Desk. This is an decrease of 2 owner(s) or 0.11% in the last quarter. Average portfolio weight of all funds dedicated to TT8 is 0.28%, an increase of 12.31%. Total shares owned by institutions decreased in the last three months by 1.25% to 415,485K shares.
What are Other Shareholders Doing?

Baillie Gifford holds 30,703K shares representing 6.89% ownership of the company. In its prior filing, the firm reported owning 31,414K shares , representing a decrease of 2.32%. The firm increased its portfolio allocation in TT8 by 10.04% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 14,416K shares representing 3.23% ownership of the company. In its prior filing, the firm reported owning 14,314K shares , representing an increase of 0.70%. The firm increased its portfolio allocation in TT8 by 18.21% over the last quarter.
Jennison Associates holds 14,267K shares representing 3.20% ownership of the company. In its prior filing, the firm reported owning 12,098K shares , representing an increase of 15.20%. The firm decreased its portfolio allocation in TT8 by 30.78% over the last quarter.
Edgewood Management holds 13,657K shares representing 3.06% ownership of the company. In its prior filing, the firm reported owning 14,747K shares , representing a decrease of 7.98%. The firm increased its portfolio allocation in TT8 by 11.27% over the last quarter.
Geode Capital Management holds 12,315K shares representing 2.76% ownership of the company. In its prior filing, the firm reported owning 8,096K shares , representing an increase of 34.26%. The firm increased its portfolio allocation in TT8 by 78.41% over the last quarter.