What is Wedbush's Forecast for Trade Desk FY2025 Earnings?

The Trade Desk (NASDAQ:TTD - Free Report) - Wedbush upped their FY2025 earnings estimates for shares of Trade Desk in a research note issued on Thursday, July 17th. Wedbush analyst S. Devitt now anticipates that the technology company will earn $1.01 per share for the year, up from their prior forecast of $0.99. Wedbush currently has a "Outperform" rating and a $86.00 target price on the stock. The consensus estimate for Trade Desk's current full-year earnings is $1.06 per share. Wedbush also issued estimates for Trade Desk's Q4 2025 earnings at $0.40 EPS and FY2026 earnings at $1.50 EPS.

Trade Desk (NASDAQ:TTD - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The technology company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.07. The business had revenue of $616.02 million for the quarter, compared to analyst estimates of $575.62 million. Trade Desk had a return on equity of 15.41% and a net margin of 16.04%. The company's revenue was up 25.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.26 EPS.

Several other equities analysts have also commented on TTD. Piper Sandler boosted their price target on Trade Desk from $55.00 to $65.00 and gave the stock a "neutral" rating in a research report on Friday, May 9th. Citizens Jmp reduced their target price on Trade Desk from $115.00 to $100.00 and set an "outperform" rating for the company in a research note on Friday, May 9th. Macquarie raised their price target on shares of Trade Desk from $90.00 to $92.00 and gave the stock an "outperform" rating in a research report on Monday, May 19th. KeyCorp raised their price target on shares of Trade Desk from $80.00 to $95.00 and gave the stock an "overweight" rating in a research report on Thursday. Finally, Oppenheimer raised their price target on shares of Trade Desk from $75.00 to $80.00 and gave the stock an "outperform" rating in a research report on Friday, May 9th. Eight investment analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $98.48.

Trade Desk Price Performance

Trade Desk stock traded down $0.18 during midday trading on Monday, hitting $80.03. 9,515,675 shares of the company were exchanged, compared to its average volume of 7,156,233. The company's fifty day moving average price is $73.96 and its 200-day moving average price is $76.62. The company has a market cap of $39.33 billion, a PE ratio of 97.60, a price-to-earnings-growth ratio of 3.67 and a beta of 1.36. Trade Desk has a fifty-two week low of $42.96 and a fifty-two week high of $141.53.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in TTD. Investment Management Corp VA ADV acquired a new stake in Trade Desk in the 4th quarter valued at $25,000. Banque Cantonale Vaudoise bought a new stake in shares of Trade Desk during the first quarter worth $26,000. Sound Income Strategies LLC raised its position in shares of Trade Desk by 317.6% during the second quarter. Sound Income Strategies LLC now owns 355 shares of the technology company's stock worth $26,000 after acquiring an additional 270 shares during the last quarter. Cloud Capital Management LLC bought a new stake in shares of Trade Desk during the first quarter worth $27,000. Finally, von Borstel & Associates Inc. bought a new stake in shares of Trade Desk during the first quarter worth $31,000. Institutional investors and hedge funds own 67.77% of the company's stock.

Insider Transactions at Trade Desk

In related news, CEO Jeffrey Terry Green sold 26,684 shares of the stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $80.03, for a total value of $2,135,520.52. Following the completion of the sale, the chief executive officer directly owned 17,018 shares of the company's stock, valued at approximately $1,361,950.54. This represents a 61.06% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director David B. Wells sold 28,638 shares of the stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $79.88, for a total value of $2,287,603.44. Following the completion of the sale, the director directly owned 66,985 shares of the company's stock, valued at approximately $5,350,761.80. This represents a 29.95% decrease in their ownership of the stock. The disclosure for this sale can be found here. 9.72% of the stock is currently owned by corporate insiders.

About Trade Desk

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.