Trade Desk (NASDAQ:TTD) Posts Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Key Points

• Trade Desk reported a quarterly EPS of $0.41, missing the consensus estimate of $0.42 by $0.01, although revenue increased by 18.7% year-over-year to $694.04 million.
• Following the earnings announcement, Trade Desk's stock fell 38.6%, with shares trading at $54.23, significantly below its 52-week high of $141.53.
• Analysts' ratings for Trade Desk are mixed, with a consensus rating of "Moderate Buy" and a target price of $92.18, while some firms like Morgan Stanley and Guggenheim have raised their target prices.

Trade Desk (NASDAQ:TTD - Get Free Report) released its earnings results on Thursday. The technology company reported $0.41 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.01), Briefing.com reports. Trade Desk had a net margin of 15.57% and a return on equity of 15.10%. The business had revenue of $694.04 million for the quarter, compared to the consensus estimate of $686.00 million. During the same period in the prior year, the business posted $0.39 EPS. Trade Desk's revenue for the quarter was up 18.7% on a year-over-year basis. Trade Desk updated its Q3 2025 guidance to EPS.

Trade Desk Trading Down 38.6%

NASDAQ TTD traded down $34.10 during trading hours on Friday, hitting $54.23. 105,069,220 shares of the company's stock traded hands, compared to its average volume of 16,531,314. The business's fifty day moving average price is $76.31 and its two-hundred day moving average price is $73.35. The firm has a market capitalization of $26.65 billion, a P/E ratio of 65.34, a P/E/G ratio of 4.01 and a beta of 1.37. Trade Desk has a 52 week low of $42.96 and a 52 week high of $141.53.

Analyst Ratings Changes

TTD has been the topic of several recent research reports. Morgan Stanley increased their target price on shares of Trade Desk from $60.00 to $80.00 and gave the company an "overweight" rating in a report on Friday, May 9th. Guggenheim dropped their target price on shares of Trade Desk from $110.00 to $90.00 and set a "buy" rating for the company in a research report on Friday, May 9th. Wells Fargo & Company cut shares of Trade Desk from an "overweight" rating to an "equal weight" rating and dropped their target price for the stock from $74.00 to $68.00 in a research report on Thursday, June 26th. Rosenblatt Securities reissued a "buy" rating on shares of Trade Desk in a research report on Friday. Finally, Evercore ISI raised shares of Trade Desk from an "in-line" rating to an "outperform" rating and set a $90.00 price target for the company in a research report on Friday, June 27th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and twenty-three have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $92.18.

Insider Activity at Trade Desk

In related news, CEO Jeffrey Terry Green sold 26,684 shares of the business's stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $80.03, for a total transaction of $2,135,520.52. Following the completion of the sale, the chief executive officer directly owned 17,018 shares in the company, valued at approximately $1,361,950.54. The trade was a 61.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director David B. Wells sold 28,638 shares of the business's stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $79.88, for a total transaction of $2,287,603.44. Following the sale, the director owned 66,985 shares of the company's stock, valued at $5,350,761.80. This trade represents a 29.95% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 10.00% of the company's stock.

Institutional Trading of Trade Desk

Several large investors have recently added to or reduced their stakes in the business. Brighton Jones LLC raised its position in shares of Trade Desk by 3.8% during the 4th quarter. Brighton Jones LLC now owns 4,586 shares of the technology company's stock valued at $539,000 after purchasing an additional 169 shares during the period. Bison Wealth LLC raised its position in shares of Trade Desk by 24.3% during the 4th quarter. Bison Wealth LLC now owns 2,480 shares of the technology company's stock valued at $291,000 after purchasing an additional 485 shares during the period. Finally, Woodline Partners LP raised its position in shares of Trade Desk by 75.5% during the 1st quarter. Woodline Partners LP now owns 5,275 shares of the technology company's stock valued at $289,000 after purchasing an additional 2,269 shares during the period. 67.77% of the stock is currently owned by institutional investors.

Trade Desk Company Profile

The Trade Desk, Inc operates as a technology company in the United States and internationally. The company offers a self-service cloud-based platform that allows buyers to plan, manage, optimize, and measure data-driven digital advertising campaigns across various ad formats and channels, including video, display, audio, digital-out-of-home, native, and social on various devices, such as computers, mobile devices, televisions, and streaming devices.

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