Q1 Earnings Estimate for Trade Desk Issued By DA Davidson

The Trade Desk, Inc. (NASDAQ:TTD - Free Report) - Analysts at DA Davidson issued their Q1 2025 earnings estimates for shares of Trade Desk in a report released on Friday, February 14th. DA Davidson analyst T. White forecasts that the technology company will post earnings per share of $0.04 for the quarter. DA Davidson currently 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 announced its quarterly earnings results on Wednesday, February 12th. The technology company reported $0.36 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.21). Trade Desk had a return on equity of 16.38% and a net margin of 16.08%.

Other research analysts have also recently issued research reports about the company. BMO Capital Markets decreased their target price on Trade Desk from $160.00 to $115.00 and set an "outperform" rating for the company in a research report on Thursday, February 13th. Morgan Stanley lowered their price objective on shares of Trade Desk from $145.00 to $132.00 and set an "overweight" rating for the company in a research report on Thursday, February 13th. Wedbush boosted their target price on shares of Trade Desk from $135.00 to $145.00 and gave the stock an "outperform" rating in a research report on Monday, January 6th. Susquehanna lowered their price target on shares of Trade Desk from $150.00 to $135.00 and set a "positive" rating for the company in a report on Thursday, February 13th. Finally, BTIG Research boosted their price objective on shares of Trade Desk from $114.00 to $142.00 and gave the stock a "buy" rating in a report on Wednesday, October 30th. 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 given a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $119.45.

Trade Desk Stock Down 1.3 %

Shares of Trade Desk stock traded down $1.02 during trading hours on Monday, hitting $75.73. The company's stock had a trading volume of 13,506,815 shares, compared to its average volume of 7,074,483. The business has a fifty day moving average of $117.64 and a 200 day moving average of $115.23. Trade Desk has a 1-year low of $74.10 and a 1-year high of $141.53. The company has a market capitalization of $37.38 billion, a PE ratio of 97.09, a P/E/G ratio of 3.28 and a beta of 1.45.

Trade Desk declared that its Board of Directors has authorized a stock repurchase program on Wednesday, February 12th that permits the company to repurchase $564.00 million in outstanding shares. This repurchase authorization permits the technology company to repurchase up to 0.9% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's board of directors believes its stock is undervalued.

Insider Activity at Trade Desk

In other Trade Desk news, insider Samantha Jacobson sold 4,298 shares of the company's 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 transaction, the insider now owns 90,709 shares of the company's stock, valued at approximately $10,754,459.04. This represents a 4.52 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jay R. Grant sold 18,524 shares of the stock in a transaction on Monday, December 30th. The shares were sold at an average price of $119.35, for a total value of $2,210,839.40. Following the sale, the insider now owns 169,464 shares of the company's stock, valued at $20,225,528.40. This trade represents a 9.85 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 41,029 shares of company stock worth $5,004,296 over the last quarter. 9.72% of the stock is currently owned by company insiders.

Institutional Trading of Trade Desk

Institutional investors and hedge funds have recently bought and sold shares of the stock. Investment Management Corp VA ADV acquired a new position in Trade Desk during the fourth quarter valued at $25,000. Rialto Wealth Management LLC acquired a new position in Trade Desk in the 4th quarter valued at approximately $26,000. Harbor Investment Advisory LLC lifted 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 worth $34,000 after buying an additional 117 shares in the last quarter. Midwest Capital Advisors LLC purchased a new position in shares of Trade Desk during the 4th quarter valued at $34,000. Finally, Zions Bancorporation N.A. increased its stake in shares of Trade Desk by 148.3% in the fourth quarter. Zions Bancorporation N.A. now owns 293 shares of the technology company's stock worth $34,000 after acquiring an additional 175 shares during the last quarter. Institutional investors and hedge funds own 67.77% of the company's stock.

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.