Trade Desk - TTD Stock Forecast, Price & News

18 Wall Street 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 analysts is that investors should "buy" TTD shares.
View TTD analyst ratings or view top-rated stocks.

18 brokerages have issued 1-year price targets for Trade Desk's shares. Their TTD share price forecasts range from $50.00 to $115.00. On average, they predict the company's share price to reach $82.75 in the next twelve months. This suggests a possible upside of 50.5% from the stock's current price.
View analysts price targets for TTD or view top-rated stocks among Wall Street analysts.

Trade Desk's stock was trading at $91.64 at the beginning of 2022. Since then, TTD stock has decreased by 40.0% and is now trading at $54.97.
View the best growth stocks for 2022 here.

Trade Desk is scheduled to release its next quarterly earnings announcement on Tuesday, August 9th 2022.
View our TTD earnings forecast.

Trade Desk will be holding an earnings conference call on Tuesday, August 9th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 919-882-2331 with passcode "46182".

The Trade Desk, Inc. (NASDAQ:TTD) issued its quarterly earnings results on Tuesday, May, 10th. The technology company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.04) by $0.01. The technology company had revenue of $315.32 million for the quarter, compared to analyst estimates of $304.28 million. Trade Desk had a trailing twelve-month return on equity of 7.08% and a net margin of 7.78%. The company's revenue was up 43.5% on a year-over-year basis. During the same period last year, the company posted $0.05 earnings per share.

Trade Desk's stock split on Wednesday, June 9th 2021. The 10-1 split was announced on Monday, May 10th 2021. The newly created shares were distributed 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 second quarter 2022 earnings guidance on Tuesday, June, 21st. The company provided EPS guidance of for the period. The company issued revenue guidance of $364.00M-, compared to the consensus revenue estimate of $365.36 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 IPO 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 number of institutional and retail investors. Top institutional shareholders include Baillie Gifford & Co. (9.71%), Jennison Associates LLC (2.74%), TCW Group Inc. (0.38%), Westwood Management Corp IL (0.32%), Sumitomo Mitsui Trust Holdings Inc. (0.25%) and TD Asset Management Inc. (0.25%). 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.
View institutional ownership trends.

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.
Compare Top Brokerages Here.

One share of TTD stock can currently be purchased for approximately $54.97.

Trade Desk (NASDAQ:TTD) has a market capitalization of $26.65 billion and generates $1.20 billion in revenue each year. The technology company earns $137.76 million in net income (profit) each year or $0.21 on an earnings per share basis.

Trade Desk employs 1,967 workers across the globe.

Trade Desk was founded in 2009.

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.