What is DA Davidson's Estimate for Trade Desk Q1 Earnings?

The Trade Desk, Inc. (NASDAQ:TTD - Free Report) - Research analysts at DA Davidson issued their Q1 2025 earnings estimates for Trade Desk in a note issued to investors on Friday, February 14th. DA Davidson analyst T. White forecasts that the technology company will post earnings of $0.04 per share for the quarter. DA Davidson has a "Buy" rating and a $103.00 price objective on the stock. The consensus estimate for Trade Desk's current full-year earnings is $1.06 per share. DA Davidson also issued estimates for Trade Desk's Q1 2025 earnings at $0.04 EPS.

Trade Desk (NASDAQ:TTD - Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The technology company reported $0.36 earnings per share for the quarter, missing analysts' consensus estimates of $0.57 by ($0.21). Trade Desk had a return on equity of 16.38% and a net margin of 16.08%.

Other equities research analysts have also issued research reports about the company. Truist Financial dropped their price target on Trade Desk from $155.00 to $130.00 and set a "buy" rating on the stock in a research note on Thursday, February 13th. StockNews.com lowered Trade Desk from a "buy" rating to a "hold" rating in a research note on Saturday, November 30th. Wedbush upped their target price on Trade Desk from $135.00 to $145.00 and gave the company an "outperform" rating in a research report on Monday, January 6th. Scotiabank dropped their target price on Trade Desk from $133.00 to $83.00 and set a "sector perform" rating on the stock in a research report on Thursday, February 13th. Finally, Piper Sandler reiterated an "overweight" rating and issued a $110.00 target price (down previously from $140.00) on shares of Trade Desk in a research report on Thursday, February 13th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, twenty-three have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $119.45.

Trade Desk Trading Down 4.8 %

Shares of TTD stock traded down $3.67 during trading hours on Monday, reaching $72.06. 12,785,062 shares of the company's stock were exchanged, compared to its average volume of 7,245,043. Trade Desk has a 1 year low of $71.61 and a 1 year high of $141.53. The stock has a market cap of $35.57 billion, a PE ratio of 92.38, a PEG ratio of 3.15 and a beta of 1.45. The stock's fifty day moving average price is $116.48 and its two-hundred day moving average price is $114.96.

Trade Desk declared that its Board of Directors has initiated a stock repurchase plan on Wednesday, February 12th that authorizes the company to repurchase $564.00 million in shares. This repurchase authorization authorizes the technology company to buy up to 0.9% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its stock is undervalued.

Insider Transactions at Trade Desk

In related news, insider Samantha Jacobson sold 4,298 shares of the stock in a transaction on Tuesday, January 28th. The stock was sold at an average price of $118.56, for a total value of $509,570.88. Following the completion of the transaction, the insider now directly owns 90,709 shares of the company's stock, valued at approximately $10,754,459.04. This represents a 4.52 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jeffrey Terry Green sold 18,207 shares of the stock in a transaction on Tuesday, January 7th. The shares were sold at an average price of $125.44, for a total value of $2,283,886.08. Following the completion of the transaction, the chief executive officer now directly owns 704,229 shares of the company's stock, valued at approximately $88,338,485.76. This represents a 2.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 41,029 shares of company stock valued at $5,004,296 in the last three months. 9.72% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in TTD. Investment Management Corp VA ADV purchased a new stake in Trade Desk in the 4th quarter valued at $25,000. Rialto Wealth Management LLC acquired a new position in Trade Desk in the 4th quarter valued at about $26,000. Harbor Investment Advisory LLC grew its position in Trade Desk by 68.8% in the 4th quarter. Harbor Investment Advisory LLC now owns 287 shares of the technology company's stock valued at $34,000 after acquiring an additional 117 shares in the last quarter. Midwest Capital Advisors LLC purchased a new position in shares of Trade Desk in the 4th quarter valued at about $34,000. Finally, Zions Bancorporation N.A. boosted its stake in shares of Trade Desk by 148.3% in the 4th quarter. Zions Bancorporation N.A. now owns 293 shares of the technology company's stock valued at $34,000 after buying an additional 175 shares during the period. 67.77% of the stock is owned by institutional investors and hedge funds.

Trade Desk Company Profile

The Trade Desk, Inc operates as a technology company in the United States and internationally. The company offers a self-service cloud-based platform that allows buyers to plan, manage, optimize, and measure data-driven digital advertising campaigns across various ad formats and channels, including video, display, audio, digital-out-of-home, native, and social on various devices, such as computers, mobile devices, televisions, and streaming devices.