NASDAQ:TTD

Trade Desk - TTD Stock Forecast, Price & News

$59.70

-1.10 (-1.81%)

(As of 09/30/2022 03:59 PM ET)

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Today's Range: $59.68
▼
$63.11
50-Day Range: $42.73
▼
$75.41
52-Week Range: $39.00
▼
$114.09

Volume: 256,373 shs
Average Volume: 4.08 million shs
Market Capitalization: $28.94 billion

P/E Ratio: 852.98
Dividend Yield: N/A
Price Target: $83.75

Trade Desk MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.74 Rating Score
Upside/Downside: 40.3% Upside
$83.75 Price Target
Short Interest: Healthy
3.58% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.50
Based on 7 Articles This Week
Insider Trading: Selling Shares
$266,510 Sold Last Quarter
Proj. Earnings Growth: 142.86%
From $0.21 to $0.51 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.90 out of 5 stars

Computer And Technology Sector

83rd out of 650 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

2nd out of 68 stocks

4.4

Analyst's Opinion

Consensus Rating
Trade Desk has received a consensus rating of Buy. The company's average rating score is 2.74, and is based on 14 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $83.75, Trade Desk has a forecasted upside of 40.3% from its current price of $59.70.
Amount of Analyst Coverage
Trade Desk has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.0

Short Interest

Percentage of Shares Shorted
3.58% of the outstanding shares of Trade Desk have been sold short.
Short Interest Ratio / Days to Cover
Trade Desk has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Trade Desk has recently decreased by 3.93%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Trade Desk does not currently pay a dividend.
Dividend Growth
Trade Desk does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TTD.

1.9

News and Social Media Coverage

News Sentiment
Trade Desk has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Trade Desk this week, compared to 5 articles on an average week.
Search Interest
Only 48 people have searched for TTD on MarketBeat in the last 30 days. This is a decrease of -62% compared to the previous 30 days.
MarketBeat Follows
Only 41 people have added Trade Desk to their MarketBeat watchlist in the last 30 days. This is a decrease of -51% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Trade Desk insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $266,510.00 in company stock.
Percentage Held by Insiders
10.79% of the stock of Trade Desk is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
67.71% of the stock of Trade Desk is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Trade Desk are expected to grow by 142.86% in the coming year, from $0.21 to $0.51 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Trade Desk is 852.98, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 119.13.
Price to Earnings Ratio vs. Sector
The P/E ratio of Trade Desk is 852.98, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 353.86.
Price to Earnings Growth Ratio
Trade Desk has a PEG Ratio of 12.49. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Trade Desk has a P/B Ratio of 18.89. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Trade Desk (NASDAQ:TTD) Stock

Trade Desk, Inc. operates as a technology company in the United States and internationally. The company operates a self-service cloud-based platform that allows buyers to create, manage, and optimize data-driven digital advertising campaigns across various ad formats and channels, including display, video, audio, native, and social on various devices, such as computers, mobile devices, and connected TV. It also provides data and other value-added services. The company serves advertising agencies and other service providers for advertisers. The Trade Desk, Inc. was incorporated in 2009 and is headquartered in Ventura, California.

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TTD Stock News Headlines

September 28, 2022 | marketbeat.com

A Trio of Q3 Winners With Room to Run (TTD)

It's those rare bright spots in a dim market that can be the best places to hide. Here are three Q3 outperformers that still have good upside.

September 29, 2022 | msn.com

6TTD : What Are Whales Doing With Trade Desk

September 30, 2022 | Investing Trends (Ad)

The $193 Billion US-China War You Don't Know About

They're fighting for control of lithium – a key ingredient in EVs and clean energy technology. It's arguably the most important commodity of the 21st century. China owns 80% of global supply. But the US plans to grab a massive slice of the lithium market, which is forecasted to quadruple to $193 billion by 2028, according to Fortune Business Insights.

September 29, 2022 | finance.yahoo.com

The Trade Desk to Webcast Investor Day in New York on October 4

September 28, 2022 | finance.yahoo.com

5 Things to Know About The Trade Desk and Its Stock

September 27, 2022 | seekingalpha.com

The Trade Desk: Not Immune

September 26, 2022 | msn.com

1TTD : What Are Whales Doing With Trade Desk

September 22, 2022 | americanbankingnews.com

Brokerages Set The Trade Desk, Inc. (NASDAQ:TTD) Target Price at $84.24

September 30, 2022 | Investing Trends (Ad)

The NEW US – RUSSIA COLD WAR

In response to Putin's invasion of Ukraine, the US dusted off a Cold War-era power and invoked the 1950's Defense Production Act. It calls for the support of mining and manufacturing of critical minerals such as copper, to speed up the transition to green energy. But with Russia sitting on the world's third-largest reserves of copper, new sources of mining are desperately needed.

September 21, 2022 | finance.yahoo.com

2 No-Brainer Stocks to Buy Right Now for Less than $100 a Share

September 20, 2022 | finance.yahoo.com

2 Monster Growth Stocks That Millionaires Can't Stop Buying

September 14, 2022 | msn.com

3 Growth Stocks Set To Thrive Despite Worsening Macro Fears

September 14, 2022 | finance.yahoo.com

The Advertising Industry Isn't Dying -- Here's Why

September 12, 2022 | msn.com

Looking At Trade Desk's Recent Whale Trades

September 12, 2022 | seekingalpha.com

The Trade Desk Vs. Roku Stock: The Better Buy

September 11, 2022 | fool.com

The Trade Desk (NASDAQ: TTD)

September 8, 2022 | finance.yahoo.com

2 Growth Stocks You'll Regret Not Buying on the Dip

September 7, 2022 | finance.yahoo.com

Is Trade Desk Stock a Buy Today While It's Down 33% YTD?

September 6, 2022 | msn.com

1 U.S. Stock to Buy That Could Make You a Millionaire

September 6, 2022 | msn.com

4TTD : This Is What Whales Are Betting On Trade Desk

September 2, 2022 | finance.yahoo.com

Nasdaq Bear Market: 2 Sensational Growth Stocks That Could Set You Up for Life

September 1, 2022 | finance.yahoo.com

With 69% institutional ownership, The Trade Desk, Inc. (NASDAQ:TTD) is a favorite amongst the big guns

August 28, 2022 | finance.yahoo.com

3 Tech Stocks Down 50% or More to Buy Now

August 24, 2022 | seekingalpha.com

Palantir And The Trade Desk: Differences And Hidden Similarities

August 24, 2022 | finance.yahoo.com

Is Google's Pain The Trade Desk's Gain?

August 23, 2022 | finance.yahoo.com

How Is The Trade Desk Able to Pull Off Its Stunning Business Growth?

August 18, 2022 | seekingalpha.com

The Trade Desk: Don't Jump Into This Unsustainable Surge Now

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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TTD Company Calendar

Last Earnings: 8/09/2022
Today: 9/30/2022
Next Earnings (Estimated): 11/14/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Computer programming, data processing, & other computer related
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:TTD
CUSIP: N/A
CIK: 1671933
Web: www.thetradedesk.com
Phone: (805) 585-3434
Fax: N/A
Employees: 1,967
Year Founded: 2009

Price Target and Rating

Average Stock Price Forecast: $83.75
High Stock Price Forecast: $108.00
Low Stock Price Forecast: $59.00
Forecasted Upside/Downside: +40.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.74
Research Coverage: 19 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.07
Trailing P/E Ratio: 852.98
Forward P/E Ratio: 284.29
P/E Growth: 12.49
Net Income: $137.76 million
Net Margins: 2.43%
Pretax Margin: 2.67%
Return on Equity: 2.16%
Return on Assets: 0.99%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.92
Quick Ratio: 1.92

Sales & Book Value

Annual Sales: $1.20 billion
Price / Sales: 24.19
Cash Flow: $0.35 per share
Price / Cash Flow: 169.12
Book Value: $3.16 per share
Price / Book: 18.89

Miscellaneous

Outstanding Shares: 484,830,000
Free Float: 432,520,000
Market Cap: $28.94 billion
Optionable: Optionable
Beta: 1.94

Social Links

Key Executives

Mr. Jeffrey Terry Green (Age 45)
Co-Founder, Chairman, Pres & CEO
Comp: $6.57M

Mr. David R. Pickles (Age 44)
Founder, CTO & Director
Comp: $1.9M

Mr. Blake Jeffrey Grayson (Age 47)
Chief Financial Officer
Comp: $1.9M

Mr. Jay R. Grant (Age 55)
Chief Legal Officer
Comp: $1.9M

Ms. Tahnil Davis
Sr. VP & Chief Accounting Officer

Mr. Chris Toth
VP of Investor Relations

Mason Burnham
Sr. Director of Communications

Mr. Ian Colley
Exec. VP & Chief Marketing Officer

Ms. Robyn Perry
Sr. VP of People Operations

Mr. Brian J. Stempeck (Age 43)
Advisor

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TTD Stock - Frequently Asked Questions

Should I buy or sell Trade Desk stock right now?: 19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trade Desk in the last year. There are currently 5 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.
What is Trade Desk's stock price forecast for 2022?: 19 Wall Street analysts have issued 12 month price targets for Trade Desk's shares. Their TTD share price forecasts range from $59.00 to $108.00. On average, they predict the company's stock price to reach $83.75 in the next twelve months. This suggests a possible upside of 37.3% from the stock's current price.
View analysts price targets for TTD or view top-rated stocks among Wall Street analysts.
How have TTD shares performed in 2022?: Trade Desk's stock was trading at $91.64 at the start of the year. Since then, TTD stock has decreased by 33.4% and is now trading at $61.01.
View the best growth stocks for 2022 here.
When is Trade Desk's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, November 14th 2022.
View our TTD earnings forecast.
How were Trade Desk's earnings last quarter?: The Trade Desk, Inc. (NASDAQ:TTD) released its quarterly earnings results on Tuesday, August, 9th. The technology company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by $0.06. The technology company earned $376.96 million during the quarter, compared to analysts' expectations 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 business's revenue for the quarter was up 34.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.10 EPS.
When did Trade Desk's stock split?: Shares of Trade Desk split before market open 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.
What guidance has Trade Desk issued on next quarter's earnings?: Trade Desk issued an update on 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.

What is Jeff Green's approval rating as Trade Desk's CEO?: 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.
What other stocks do shareholders of Trade Desk own?: 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).
When did Trade Desk IPO?: (TTD) raised $70 million in an 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.
What is Trade Desk's stock symbol?: Trade Desk trades on the NASDAQ under the ticker symbol "TTD."
How do I buy shares of Trade Desk?: 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.
What is Trade Desk's stock price today?: One share of TTD stock can currently be purchased for approximately $61.01.
How much money does Trade Desk make?: Trade Desk (NASDAQ:TTD) has a market capitalization of $29.58 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.
How many employees does Trade Desk have?: The company employs 1,967 workers across the globe.
How can I contact Trade Desk?: 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.

This page (NASDAQ:TTD) was last updated on 9/30/2022 by MarketBeat.com Staff

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Trade Desk - TTD Stock Forecast, Price & News

Trade Desk MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows