Q2 Earnings Estimate for Trade Desk Issued By DA Davidson

The Trade Desk, Inc. (NASDAQ:TTD) – Investment analysts at DA Davidson issued their Q2 2025 earnings per share (EPS) estimates for shares of Trade Desk in a research report issued on Monday, May 12th. DA Davidson analyst T. White anticipates that the technology company will post earnings of $0.19 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. DA Davidson also issued estimates for Trade Desk’s FY2025 earnings at $0.85 EPS and FY2026 earnings at $0.97 EPS.

Trade Desk (NASDAQ:TTD) last posted its quarterly earnings results on Thursday, May 8th. The technology company reported $0.33 earnings per share for the quarter, topping the consensus estimate 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 return on equity of 16.38% and a net margin of 16.08%. The company’s revenue was up 25.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.26 earnings per share.

TTD has been the subject of several other research reports. KeyCorp boosted their price target on Trade Desk from $67.00 to $80.00 and gave the company an “overweight” rating in a report on Friday, May 9th. Guggenheim cut their price target on Trade Desk from $110.00 to $90.00 and set a “buy” rating for the company in a report on Friday, May 9th. HSBC set a $75.00 price objective on Trade Desk and gave the stock a “buy” rating in a research note on Wednesday, April 23rd. UBS Group dropped their price objective on Trade Desk from $116.00 to $80.00 and set a “buy” rating for the company in a research note on Friday, April 11th. Finally, Oppenheimer upped their price objective on Trade Desk from $75.00 to $80.00 and gave the stock an “outperform” rating in a research note on Friday, May 9th. Seven equities research analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $98.88.

Trade Desk Stock Performance

Trade Desk stock opened at $78.14 on Tuesday. The stock has a market cap of $38.76 billion, a PE ratio of 100.18, a price-to-earnings-growth ratio of 3.11 and a beta of 1.29. Trade Desk has a one year low of $42.96 and a one year high of $141.53. The stock has a fifty day moving average of $55.14 and a 200 day moving average of $94.60.

Trade Desk declared that its Board of Directors has initiated 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 buy up to 0.9% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its shares are undervalued.

Institutional Investors Weigh In On Trade Desk

Several hedge funds and other institutional investors have recently modified their holdings of the business. Watts Gwilliam & Co. LLC raised its holdings in shares of Trade Desk by 16.1% in the first quarter. Watts Gwilliam & Co. LLC now owns 36,294 shares of the technology company’s stock worth $1,986,000 after buying an additional 5,035 shares during the period. Granite Harbor Advisors Inc. grew its stake in Trade Desk by 5.4% in the first quarter. Granite Harbor Advisors Inc. now owns 7,451 shares of the technology company’s stock worth $408,000 after purchasing an additional 379 shares in the last quarter. Versor Investments LP bought a new position in Trade Desk in the first quarter worth approximately $745,000. Freestone Capital Holdings LLC grew its stake in Trade Desk by 10.6% in the first quarter. Freestone Capital Holdings LLC now owns 4,906 shares of the technology company’s stock worth $268,000 after purchasing an additional 470 shares in the last quarter. Finally, Algert Global LLC grew its stake in Trade Desk by 56.0% in the first quarter. Algert Global LLC now owns 66,340 shares of the technology company’s stock worth $3,630,000 after purchasing an additional 23,807 shares in the last quarter. 67.77% of the stock is currently owned by hedge funds and other institutional investors.

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.