TTD — The Trade Desk, Inc. - Class A Common Stock
Session close: $15.42. Regular-session share volume: 52,935,858. Change from previous close: +3.28%.
Key developments
The Trade Desk beat third-quarter estimates, but the headline strength included political ad spending and a one-time benefit from a strategic partner, leaving core growth less clear. Management guided fourth-quarter revenue to at least roughly three-quarters of a billion dollars, above consensus, though analysts noted the guide implies sequentially weaker core growth; the company also cut its workforce.
Company mentioned — Mentions TTD in the article text. Trade Desk Q3 a 'Step In The Right Direction,' 5 Analysts Raise Price Targets · Company news TTD Q3 Earnings Call Focuses on Resetting Growth and Execution
Several analysts raised price targets after the report, including Scotiabank, RBC, Guggenheim, Rosenblatt and Needham, with most maintaining neutral or sector-perform ratings. Scotiabank said the results lowered the probability that the prior quarter's reset reflected uncontrolled competitive deterioration, and Guggenheim saw the outlook as a low point for trends and sentiment.
Company mentioned — Mentions TTD in the article text. Trade Desk Q3 a 'Step In The Right Direction,' 5 Analysts Raise Price Targets · Company news Analysts Update Price Targets for The Trade Desk
Wedbush highlighted competitive headwinds despite the political ad boost, and Needham suggested the company consider a transformational acquisition or cut its take rate, floating Magnite as a possible acquirer. Revenue still declined year over year and the stock remains far below its level a year ago.
Company mentioned — Mentions TTD in the article text. Trade Desk Faces Competitive Headwinds Despite Political Ad Boost, Wedbush Says · Company mentioned — Mentions TTD in the article text. Trade Desk Q3 a 'Step In The Right Direction,' 5 Analysts Raise Price Targets · Company mentioned — Mentions TTD in the article text. Trade Desk earnings analysis: questions answered and next catalysts
News sources
Company news Analysts Update Price Targets for The Trade Desk · Company news The Trade Desk (TTD) Q3 earnings: what to expect · Company news TTD Q3 Earnings Call Focuses on Resetting Growth and Execution · Company news Analyst Actions for The Trade Desk