Prediction: Here's Where The Trade Desk Stock Will Be in 2029
After a 91% drop from its record, how much could this ad tech stock realistically recover by 2029?
The Trade Desk, an ad tech company, currently trades near $12 per share, down about 91% from its December 2024 high of $139.51. Its value has dropped to approximately $5.8 billion with a price-to-earnings ratio of 14 times its last 12 months' earnings. Although revenue grew by 18% in 2025, management now expects revenue to decline.
My projection for the stock price in 2029 is around $16 per share, a 9% annual gain from today's price. This assessment is based on a return to growth, which the company has not forecast yet. The Trade Desk's robust cash position, coupled with share buybacks, may help offset dilution if its shares recover. A rebound in revenue to $2.9 billion by 2027, followed by 6% annual growth, could lead to earnings per share of approximately $1.09 in 2029, resulting in a stock price of around $16. However, this estimate hinges on the company's revenue recovery, which has not yet been forecasted.
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