NASDAQ:TTD - Trade Desk Stock Price, Forecast & News

Trade Desk's stock was trading at $223.94 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, TTD stock has decreased by 12.4% and is now trading at $196.18. View which stocks have been mosted impacted by Coronavirus.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trade Desk in the last year. There are currently 7 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Trade Desk.

Trade Desk is scheduled to release its next quarterly earnings announcement on Thursday, May 14th 2020. View our earnings forecast for Trade Desk.

Trade Desk Inc (NASDAQ:TTD) posted its quarterly earnings results on Thursday, February, 27th. The technology company reported $1.49 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.85 by $0.64. The technology company had revenue of $215.94 million for the quarter, compared to analyst estimates of $213.28 million. Trade Desk had a return on equity of 20.40% and a net margin of 16.39%. The business's quarterly revenue was up 34.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.09 earnings per share. View Trade Desk's earnings history.

Trade Desk updated its FY 2020 After-Hours earnings guidance on Thursday, February, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $863 million, compared to the consensus revenue estimate of $859.98 million.

16 brokerages have issued 12-month price objectives for Trade Desk's shares. Their forecasts range from $202.00 to $310.00. On average, they expect Trade Desk's stock price to reach $256.33 in the next twelve months. This suggests a possible upside of 30.7% from the stock's current price. View analysts' price targets for Trade Desk.

Media headlines about TTD stock have trended very positive this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Trade Desk earned a daily sentiment score of 4.0 on InfoTrie's scale. They also gave media coverage about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutTrade Desk.

Trade Desk saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 6,657,200 shares, an increase of 13.2% from the February 27th total of 5,880,000 shares. Based on an average trading volume of 2,121,900 shares, the short-interest ratio is currently 3.1 days. Currently, 19.0% of the shares of the stock are short sold. View Trade Desk's Current Options Chain.

Some companies that are related to Trade Desk include Baidu (BIDU), IHS Markit (INFO), Twitter (TWTR), Match Group (MTCH), Snap (SNAP), Line (LN), Yandex (YNDX), FactSet Research Systems (FDS), Pinterest (PINS), Weibo (WB), 58.com (WUBA), GDS (GDS), InterXion (INXN), Wix.Com (WIX) and Stars Group (TSG).

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

(TTD) raised $70 million in an initial public offering (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. (6.18%), FMR LLC (2.04%), Jennison Associates LLC (1.71%), Zevenbergen Capital Investments LLC (1.21%), State Street Corp (1.12%) and Nuveen Asset Management LLC (1.04%). 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 FMR LLC, Bamco Inc. NY, Bank of America Corp DE, Artisan Partners Limited Partnership, Catalyst Capital Advisors LLC, Renaissance Technologies LLC, First Trust Advisors LP, and Tocqueville Asset Management L.P.. 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 Norges Bank, Lord Abbett & CO. LLC, Nuveen Asset Management LLC, ARK Investment Management LLC, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA, Nikko Asset Management Americas Inc., Sumitomo Mitsui Trust Holdings Inc., and TCW Group Inc.. 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 $196.18.

Trade Desk has a market capitalization of $8.94 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. View additional information about Trade Desk.

The official website for Trade Desk is http://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]