The Trade Desk Stock Forecast, Price & News

19 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for The Trade Desk in the last twelve months. There are currently 5 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" The Trade Desk stock.
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Wall Street analysts have given The Trade Desk a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but The Trade Desk wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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The Trade Desk saw a increase in short interest in June. As of June 30th, there was short interest totaling 16,310,000 shares, an increase of 719.6% from the June 15th total of 1,990,000 shares. Based on an average daily trading volume, of 9,560,000 shares, the days-to-cover ratio is presently 1.7 days.
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The Trade Desk is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for The Trade Desk.

The Trade Desk, Inc. (NASDAQ:TTD) released its quarterly earnings results on Monday, May, 10th. The technology company reported $0.14 EPS for the quarter, topping analysts' consensus estimates of $0.03 by $0.11. The technology company earned $219.80 million during the quarter, compared to the consensus estimate of $217.28 million. The Trade Desk had a net margin of 26.91% and a trailing twelve-month return on equity of 25.57%. The Trade Desk's quarterly revenue was up 36.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.09 earnings per share.
View The Trade Desk's earnings history.

The Trade Desk's stock was trading at $22.3940 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, TTD shares have increased by 269.2% and is now trading at $82.68.
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Shares of The Trade Desk split on the morning of Wednesday, June 9th 2021. The 10-1 split was announced on Monday, May 10th 2021. The newly issued shares were distributed to shareholders after the closing bell on Thursday, June 17th 2021. An investor that had 100 shares of The Trade Desk stock prior to the split would have 1,000 shares after the split.

The Trade Desk issued an update on its second quarter 2021 earnings guidance on Tuesday, June, 8th. The company provided earnings per share (EPS) guidance of $- for the period. The company issued revenue guidance of $259 million-262 million, compared to the consensus revenue estimate of $253.92 million.

19 equities research analysts have issued 12-month target prices for The Trade Desk's shares. Their forecasts range from $40.00 to $101.00. On average, they anticipate The Trade Desk's share price to reach $79.52 in the next twelve months. This suggests that the stock has a possible downside of 3.8%.
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157 employees have rated The Trade Desk CEO Jeff Green on Glassdoor.com. Jeff Green has an approval rating of 92% among The Trade Desk's employees. This puts Jeff Green in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to The Trade Desk include Snap (SNAP), Zoom Video Communications (ZM), Twitter (TWTR), Baidu (BIDU), Pinterest (PINS), IHS Markit (INFO), Yandex (YNDX), AppLovin (APP), Wix.com (WIX), FactSet Research Systems (FDS), Weibo (WB), GDS (GDS), DigitalOcean (DOCN), Medallia (MDLA) and TripAdvisor (TRIP).
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Based on aggregate information from My MarketBeat watchlists, some companies that other The Trade Desk investors own include NVIDIA (NVDA), Shopify (SHOP), Square (SQ), Tesla (TSLA), Netflix (NFLX), PayPal (PYPL), Twilio (TWLO), Alibaba Group (BABA), salesforce.com (CRM) and Okta (OKTA).

(TTD) raised $70 million in an initial public offering (IPO) 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.

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

The Trade Desk's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include TCW Group Inc. (0.67%), Westwood Management Corp IL (0.34%), Scout Investments Inc. (0.05%), Teamwork Financial Advisors LLC (0.03%), Meridian Wealth Management LLC (0.02%) and IFM Investors Pty Ltd (0.01%). Company insiders that own The Trade Desk 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.
View institutional ownership trends for The Trade Desk.

TTD stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. Company insiders that have sold The Trade Desk company stock in the last year include Blake Jeffrey Grayson, Brian John Stempeck, David Randall Pickles, Eric B Paley, Jeffrey Terry Green, Kathryn E Falberg, Marketing Services SAS Total, and Susan Vobejda.
View insider buying and selling activity for The Trade Desk or view top insider-selling stocks.

TTD stock was acquired by a variety of institutional investors in the last quarter, including TCW Group Inc., Westwood Management Corp IL, Scout Investments Inc., Teamwork Financial Advisors LLC, Meridian Wealth Management LLC, IFM Investors Pty Ltd, EFG Asset Management Americas Corp., and Golden Green Inc..
View insider buying and selling activity for The Trade Desk or or view top insider-buying stocks.

Shares of TTD 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 $82.68.

The Trade Desk has a market capitalization of $39.34 billion and generates $836.03 million in revenue each year. The technology company earns $242.32 million in net income (profit) each year or $0.46 on an earnings per share basis.

The Trade Desk employs 1,545 workers across the globe.

The Trade Desk was founded in 2009.

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

The Trade Desk is headquartered at 42 N. CHESTNUT STREET, VENTURA CA, 93001.

The 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]