What is DA Davidson’s Forecast for Trade Desk Q2 Earnings?

The Trade Desk, Inc. (NASDAQ:TTD) – Investment analysts at DA Davidson issued their Q2 2025 earnings estimates for Trade Desk in a research note issued to investors on Monday, May 12th. DA Davidson analyst T. White expects that the technology company will post earnings per share of $0.19 for the quarter. DA Davidson has a “Buy” rating and a $92.00 price target 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 FY2025 earnings at $0.85 EPS and FY2026 earnings at $0.97 EPS.

Several other analysts also recently issued reports on the company. Citizens Jmp cut their price objective on Trade Desk from $115.00 to $100.00 and set an “outperform” rating on the stock in a report on Friday, May 9th. Loop Capital cut their price objective on Trade Desk from $145.00 to $101.00 and set a “buy” rating on the stock in a report on Thursday, February 20th. UBS Group cut their price objective on Trade Desk from $116.00 to $80.00 and set a “buy” rating on the stock in a report on Friday, April 11th. Evercore ISI cut Trade Desk from an “outperform” rating to an “inline” rating and decreased their target price for the stock from $135.00 to $90.00 in a research report on Thursday, February 13th. Finally, Benchmark raised Trade Desk from a “sell” rating to a “hold” rating in a research report on Friday, March 7th. Seven analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $98.88.

Trade Desk Trading Up 1.3%

NASDAQ TTD opened at $79.14 on Tuesday. The stock’s 50-day moving average price is $55.42 and its two-hundred day moving average price is $94.49. The company has a market cap of $39.26 billion, a PE ratio of 101.46, a PEG ratio of 3.11 and a beta of 1.29. Trade Desk has a 1 year low of $42.96 and a 1 year high of $141.53.

Trade Desk (NASDAQ:TTD) last issued its earnings results on Thursday, May 8th. The technology company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.26 by $0.07. The firm had revenue of $616.02 million during the quarter, compared to analysts’ expectations of $575.62 million. Trade Desk had a net margin of 16.08% and a return on equity of 16.38%. The firm’s revenue for the quarter was up 25.4% compared to the same quarter last year. During the same period last year, the firm posted $0.26 earnings per share.

Trade Desk announced that its board has authorized a share buyback program on Wednesday, February 12th that allows the company to buyback $564.00 million in outstanding shares. This buyback authorization allows the technology company to reacquire up to 0.9% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling at Trade Desk

In other news, CEO Jeffrey Terry Green sold 26,684 shares of the company’s stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $80.03, for a total transaction of $2,135,520.52. Following the completion of the transaction, the chief executive officer now owns 17,018 shares of the company’s stock, valued at approximately $1,361,950.54. This represents a 61.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 9.74% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in TTD. Brown Advisory Inc. raised its position in shares of Trade Desk by 198.4% during the first quarter. Brown Advisory Inc. now owns 8,102,294 shares of the technology company’s stock valued at $443,358,000 after buying an additional 5,387,339 shares during the last quarter. Norges Bank acquired a new stake in Trade Desk during the fourth quarter worth $524,187,000. Nuveen LLC acquired a new stake in Trade Desk during the first quarter worth $191,935,000. Raymond James Financial Inc. acquired a new stake in Trade Desk during the fourth quarter worth $231,570,000. Finally, Vanguard Group Inc. boosted its stake in Trade Desk by 3.7% during the first quarter. Vanguard Group Inc. now owns 44,237,745 shares of the technology company’s stock worth $2,420,689,000 after buying an additional 1,567,491 shares in 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.