RBC Cuts PT for The Trade Desk (TTD), Keeps Outperform Rating

The Trade Desk, Inc. (NASDAQ:TTD) is one of the 11 Best Under-the-Radar Stocks to Buy Right Now. On August 8, RBC Capital reduced its price target for The Trade Desk, Inc. (NASDAQ:TTD) from $100 to $90 and kept an Outperform rating.

This decision came after The Trade Desk, Inc. (NASDAQ:TTD) reported Q2 2025 earnings, which the firm described as “solid results” that nonetheless did not meet the elevated investor expectations.

RBC Cuts PT for The Trade Desk (TTD), Keeps Outperform Rating

A large array of computer screens and tech equipment representing the technology company’s self-service cloud-based platform.

RBC pointed out that The Trade Desk, Inc. (NASDAQ:TTD) is currently experiencing “company-specific headwinds” related to its enterprise install base, which is more likely to be affected by tariffs.

Despite these challenges, the firm noted that there are many potential growth drivers that could help the company gain momentum in 2026. RBC connected TV (CTV), joint business plans (JBPs), and the company’s Kokai platform as key growth drivers.

The Trade Desk, Inc. (NASDAQ:TTD) is a technology company that is known for its self-service, cloud-based platform. The platform allows ad buyers to create, manage, and optimize digital advertising campaigns across ad formats and devices.

While we acknowledge the potential of TTD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TTD and that has a 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.