NASDAQ:TTDTrade Desk Stock Price, Forecast & News

Trade Desk's stock was trading at $223.94 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TTD shares have increased by 92.3% and is now trading at $430.63. View which stocks have been most impacted by Coronavirus.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trade Desk in the last year. There are currently 9 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Trade Desk.

Trade Desk is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Trade Desk.

Trade Desk Inc (NASDAQ:TTD) released its quarterly earnings results on Thursday, May, 7th. The technology company reported $0.90 EPS for the quarter, beating the consensus estimate of $0.09 by $0.81. The technology company had revenue of $160.70 million for the quarter, compared to the consensus estimate of $158.10 million. Trade Desk had a return on equity of 20.65% and a net margin of 17.44%. The firm's revenue for the quarter was up 32.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.49 EPS. View Trade Desk's earnings history.

14 brokers have issued 12 month price targets for Trade Desk's stock. Their forecasts range from $208.00 to $475.00. On average, they expect Trade Desk's share price to reach $296.64 in the next twelve months. This suggests that the stock has a possible downside of 31.1%. View analysts' price targets for Trade Desk.

Headlines about TTD stock have trended neutral on Tuesday, InfoTrie reports. The research firm identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Trade Desk earned a news sentiment score of 0.2 on InfoTrie's scale. They also assigned press coverage about the technology company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future. View the latest news about Trade Desk.

Some companies that are related to Trade Desk include Zoom Video Communications (ZM), Baidu (BIDU), Snap (SNAP), IHS Markit (INFO), Twitter (TWTR), Yandex (YNDX), Pinterest (PINS), Wix.Com (WIX), FactSet Research Systems (FDS), GDS (GDS), Line (LN), Livongo Health (LVGO), Weibo (WB), 58.com (WUBA) and Legend Biotech (DADA). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Trade Desk investors own include NVIDIA (NVDA), Shopify (SHOP), Alibaba Group (BABA), Netflix (NFLX), Twilio (TWLO), Walt Disney (DIS), Square (SQ), Roku (ROKU), Advanced Micro Devices (AMD) and salesforce.com (CRM).

(TTD) raised $70 million in an initial public offering on Wednesday, September 21st 2016. The company issued 4,700,000 shares at $14.00-$16.00 per share. Citigroup, Jefferies and RBC Capital Markets acted as the underwriters for the IPO and Needham & Company and Raymond James were co-managers.

Trade Desk trades on the NASDAQ under the ticker symbol "TTD."

Trade Desk's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.09%), Teamwork Financial Advisors LLC (0.06%), Forte Capital LLC ADV (0.06%), State of Alaska Department of Revenue (0.01%), IFM Investors Pty Ltd (0.01%) and Deane Retirement Strategies Inc. (0.00%). Company insiders that own Trade Desk stock include Brian John Stempeck, David B Wells, David Randall Pickles, Eric B Paley, Jeffrey Terry Green, Kathryn E Falberg, Mazen Al-Rawashdeh, Paul Ross, Robert David Perdue, Susan Vobejda, Thomas Falk and Vivian Yang. View institutional ownership trends for Trade Desk.

TTD stock was sold by a variety of institutional investors in the last quarter, including Teamwork Financial Advisors LLC. Company insiders that have sold Trade Desk company stock in the last year include Brian John Stempeck, David B Wells, David Randall Pickles, Eric B Paley, Jeffrey Terry Green, Kathryn E Falberg, Mazen Al-Rawashdeh, Paul Ross, Susan Vobejda, Thomas Falk, and Vivian Yang. View insider buying and selling activity for Trade Desk.

TTD stock was acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., State of Alaska Department of Revenue, Forte Capital LLC ADV, IFM Investors Pty Ltd, Deane Retirement Strategies Inc., Curbstone Financial Management Corp, Xcel Wealth Management LLC, and IBM Retirement Fund. View insider buying and selling activity for Trade Desk.

Shares of TTD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of TTD stock can currently be purchased for approximately $430.63.

Trade Desk has a market capitalization of $19.83 billion and generates $661.06 million in revenue each year. The technology company earns $108.32 million in net income (profit) each year or $2.27 on an earnings per share basis. Trade Desk employs 1,310 workers across the globe.

The official website for Trade Desk is www.thetradedesk.com.

Trade Desk's mailing address is 42 N. CHESTNUT STREET, VENTURA CA, 93001. The technology company can be reached via phone at 805-585-3434 or via email at [email protected]