DA Davidson Predicts Trade Desk’s Q3 Earnings (NASDAQ:TTD)

The Trade Desk (NASDAQ:TTD) – Equities research analysts at DA Davidson issued their Q3 2025 earnings per share (EPS) estimates for Trade Desk in a research note issued on Monday, August 11th. DA Davidson analyst T. White forecasts that the technology company will post earnings of $0.21 per share for the quarter. DA Davidson has a “Buy” rating and a $92.00 price objective on the stock. The consensus estimate for Trade Desk’s current full-year earnings is $1.06 per share.

Trade Desk (NASDAQ:TTD) last posted its earnings results on Thursday, August 7th. The technology company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.24). The business had revenue of $694.04 million for the quarter, compared to the consensus estimate of $686.00 million. Trade Desk had a return on equity of 15.19% and a net margin of 15.57%. The business’s revenue was up 18.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.39 earnings per share.

A number of other analysts have also commented on the company. BTIG Research lowered Trade Desk from a “buy” rating to a “neutral” rating in a report on Friday, August 8th. Morgan Stanley boosted their price target on Trade Desk from $60.00 to $80.00 and gave the company an “overweight” rating in a report on Friday, May 9th. Arete Research upgraded Trade Desk to a “strong sell” rating in a report on Monday, July 28th. Bank of America reaffirmed an “underperform” rating and issued a $55.00 target price (down previously from $130.00) on shares of Trade Desk in a research report on Friday, August 8th. Finally, Jefferies Financial Group downgraded Trade Desk from a “buy” rating to a “hold” rating and lowered their target price for the company from $100.00 to $50.00 in a research report on Monday. Three research analysts have rated the stock with a sell rating, twelve have given a hold rating and twenty-one have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $89.33.

Trade Desk Price Performance

Shares of Trade Desk stock opened at $53.27 on Tuesday. The firm has a market cap of $26.18 billion, a price-to-earnings ratio of 64.18, a price-to-earnings-growth ratio of 2.74 and a beta of 1.37. The stock’s 50-day moving average is $75.45 and its 200-day moving average is $72.10. Trade Desk has a one year low of $42.96 and a one year high of $141.53.

Institutional Investors Weigh In On Trade Desk

Several institutional investors have recently made changes to their positions in the stock. Cornerstone Wealth Group LLC boosted its stake in shares of Trade Desk by 2.8% in the second quarter. Cornerstone Wealth Group LLC now owns 4,457 shares of the technology company’s stock valued at $321,000 after buying an additional 122 shares during the period. STF Management LP lifted its stake in Trade Desk by 2.1% during the second quarter. STF Management LP now owns 6,627 shares of the technology company’s stock worth $477,000 after purchasing an additional 136 shares during the last quarter. Mutual Advisors LLC lifted its stake in Trade Desk by 3.5% during the second quarter. Mutual Advisors LLC now owns 4,239 shares of the technology company’s stock worth $305,000 after purchasing an additional 142 shares during the last quarter. Ashton Thomas Securities LLC lifted its stake in Trade Desk by 2.6% during the first quarter. Ashton Thomas Securities LLC now owns 5,760 shares of the technology company’s stock worth $315,000 after purchasing an additional 144 shares during the last quarter. Finally, Anchor Investment Management LLC lifted its stake in Trade Desk by 17.2% during the fourth quarter. Anchor Investment Management LLC now owns 1,020 shares of the technology company’s stock worth $120,000 after purchasing an additional 150 shares during the last quarter. 67.77% of the stock is currently owned by institutional investors.

Insider Activity at Trade Desk

In other news, insider Jay R. Grant sold 51,290 shares of the company’s stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $91.18, for a total value of $4,676,622.20. Following the transaction, the insider owned 218,246 shares of the company’s stock, valued at approximately $19,899,670.28. This represents a 19.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 10.00% of the company’s stock.

About Trade Desk

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.