Trade Desk - TTD Stock Forecast, Price & News

18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Trade Desk in the last year. There are currently 4 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TTD shares.
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18 equities research analysts have issued 1 year target prices for Trade Desk's stock. Their TTD share price forecasts range from $59.00 to $108.00. On average, they expect the company's share price to reach $83.75 in the next twelve months. This suggests a possible upside of 35.5% from the stock's current price.
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Trade Desk's stock was trading at $91.64 at the start of the year. Since then, TTD stock has decreased by 32.6% and is now trading at $61.80.
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The company is scheduled to release its next quarterly earnings announcement on Monday, November 14th 2022.
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The Trade Desk, Inc. (NASDAQ:TTD) announced its earnings results on Tuesday, August, 9th. The technology company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of $0.02 by $0.06. The technology company had revenue of $376.96 million for the quarter, compared to analyst estimates of $365.20 million. Trade Desk had a net margin of 2.43% and a trailing twelve-month return on equity of 2.16%. The firm's quarterly revenue was up 34.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.10 earnings per share.

Trade Desk shares split on Wednesday, June 9th 2021. The 10-1 split was announced on Monday, May 10th 2021. The newly issued shares were issued to shareholders after the closing bell on Thursday, June 17th 2021. An investor that had 100 shares of stock prior to the split would have 1,000 shares after the split.

Trade Desk updated its third quarter 2022 earnings guidance on Tuesday, September, 13th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $385.00M-, compared to the consensus revenue estimate of $382.58 million.

157 employees have rated Trade Desk Chief Executive Officer Jeff Green on Glassdoor.com. Jeff Green has an approval rating of 92% among the company's employees. This puts Jeff Green in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Trade Desk investors own include NVIDIA (NVDA), Shopify (SHOP), Block (SQ), Tesla (TSLA), Netflix (NFLX), PayPal (PYPL), Twilio (TWLO), Alibaba Group (BABA), Salesforce (CRM) and Okta (OKTA).

(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 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 variety of institutional and retail investors. Top institutional investors include First Hawaiian Bank (0.01%), Fulton Bank N.A. (0.00%), Csenge Advisory Group (0.00%) and AdvisorNet Financial Inc (0.00%). Insiders that own company stock include Blake Jeffrey Grayson, Brian John Stempeck, David B Wells, David Randall Pickles, Eric B Paley, Eric B Paley, Jeffrey Terry Green, Kathryn E Falberg, Marketing Services SAS Total, Mazen Al-Rawashdeh, Paul Ross, Susan Vobejda, Thomas Falk and Vivian Yang.
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Shares of TTD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TTD stock can currently be purchased for approximately $61.80.

Trade Desk (NASDAQ:TTD) has a market capitalization of $29.96 billion and generates $1.20 billion in revenue each year. The technology company earns $137.76 million in net income (profit) each year or $0.07 on an earnings per share basis.

The company employs 1,967 workers across the globe.

Trade Desk's mailing address is 42 N. CHESTNUT STREET, VENTURA CA, 93001. The official website for the company is www.thetradedesk.com. The technology company can be reached via phone at (805) 585-3434 or via email at ir@thetradedesk.com.