NASDAQ:TTDTrade Desk Stock Price, Forecast & News

Trade Desk's stock was trading at $223.94 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, TTD shares have increased by 58.2% and is now trading at $354.29. 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 Zacks' consensus estimate of $0.09 by $0.81. The technology company had revenue of $160.70 million for the quarter, compared to analyst estimates 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 period in the prior year, the firm earned $0.49 EPS. View Trade Desk's earnings history.

14 equities research analysts have issued 12 month price targets for Trade Desk's stock. Their forecasts range from $208.00 to $370.00. On average, they expect Trade Desk's share price to reach $278.43 in the next year. This suggests that the stock has a possible downside of 21.4%. View analysts' price targets for Trade Desk.

Press coverage about TTD stock has trended negative this week, InfoTrie reports. The research firm ranks the sentiment of news coverage by reviewing more than six thousand blog and news 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 impact score of -2.7 on InfoTrie's scale. They also assigned media stories about the technology company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future. View the latest news aboutTrade Desk.

Some companies that are related to Trade Desk include Baidu (BIDU), IHS Markit (INFO), Snap (SNAP), Twitter (TWTR), Match Group (MTCH), Yandex (YNDX), Pinterest (PINS), Line (LN), FactSet Research Systems (FDS), Wix.Com (WIX), Stars Group (TSG), Weibo (WB), 58.com (WUBA), GDS (GDS) and InterXion (INXN). 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 a price of $14.00-$16.00 per share. Citigroup, Jefferies and RBC Capital Markets served 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 number of retail and institutional investors. Top institutional investors include Morgan Stanley (6.18%), Baillie Gifford & Co. (6.06%), BlackRock Inc. (4.25%), Jennison Associates LLC (4.04%), JPMorgan Chase & Co. (3.91%) and Invesco Ltd. (1.44%). 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 Morgan Stanley, Nuveen Asset Management LLC, Eventide Asset Management LLC, Alliancebernstein L.P., Invesco Ltd., Lord Abbett & CO. LLC, JPMorgan Chase & Co., and Deutsche Bank AG. 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 purchased by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Advisor Group Holdings Inc., Janus Henderson Group PLC, Ardevora Asset Management LLP, Wells Fargo & Company MN, Victory Capital Management Inc., Victory Capital Management Inc., and Banco Santander S.A.. 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 $354.29.

Trade Desk has a market capitalization of $16.32 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]