TTD — The Trade Desk, Inc. - Class A Common Stock
Session close: $15.98. Regular-session share volume: 25,996,870. Change from previous close: +3.63%.
Key developments
Wells Fargo raised its price target on The Trade Desk while other firms also adjusted targets after the company's third-quarter report, with UBS and RBC lifting targets and MoffettNathanson raising its target while staying Neutral.
Company news Wells Fargo Raises Price Target for The Trade Desk, Inc. · Company news Analysts Update Price Targets for The Trade Desk
The quarter showed roughly flat revenue with a sharp squeeze in profit, though adjusted EBITDA and cash generation were solid and results beat estimates on political and medical-health advertising demand. Management pointed to a cautious fourth-quarter outlook and pressure to improve execution, customer engagement and AI, with competitive headwinds cited.
Company news Trade Desk (TTD) Stock Rallies While Q3 Results Reveal Margin Strain · Company news TTD Q3 Earnings Call Focuses on Resetting Growth and Execution · 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 Earnings & Revenues Beat Estimates, Down Y/Y
News sources
Company news Wells Fargo Raises Price Target for The Trade Desk, Inc. · Company news Trade Desk (TTD) Stock Rallies While Q3 Results Reveal Margin Strain · 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