Wedbush Has Bullish Estimate for Trade Desk FY2026 Earnings

The Trade Desk, Inc. (NASDAQ:TTD) – Stock analysts at Wedbush boosted their FY2026 earnings estimates for shares of Trade Desk in a report issued on Monday, January 6th. Wedbush analyst S. Devitt now anticipates that the technology company will post earnings per share of $2.05 for the year, up from their prior forecast of $2.00. Wedbush currently has a “Outperform” rating and a $145.00 price target on the stock. The consensus estimate for Trade Desk’s current full-year earnings is $0.87 per share.

Several other brokerages also recently commented on TTD. Susquehanna reissued a “positive” rating and issued a $150.00 target price on shares of Trade Desk in a report on Thursday, November 21st. Scotiabank began coverage on Trade Desk in a research note on Thursday, December 5th. They issued a “sector perform” rating and a $133.00 price objective on the stock. Truist Financial raised their target price on Trade Desk from $135.00 to $155.00 and gave the company a “buy” rating in a research note on Tuesday, December 17th. KeyCorp upped their price target on shares of Trade Desk from $115.00 to $130.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 9th. Finally, Royal Bank of Canada raised their price objective on shares of Trade Desk from $136.00 to $140.00 and gave the company an “outperform” rating in a research report on Friday, January 3rd. One analyst has rated the stock with a sell rating, six have assigned a hold rating and twenty-four have issued a buy rating to the stock. According to data from MarketBeat.com, Trade Desk presently has a consensus rating of “Moderate Buy” and a consensus target price of $129.48.

Trade Desk Trading Down 4.1 %

Shares of Trade Desk stock opened at $121.41 on Wednesday. The stock has a market capitalization of $59.92 billion, a price-to-earnings ratio of 199.03, a P/E/G ratio of 6.00 and a beta of 1.45. The firm’s 50-day moving average price is $126.71 and its two-hundred day moving average price is $111.63. Trade Desk has a 1-year low of $61.47 and a 1-year high of $141.53.

Insider Transactions at Trade Desk

In other news, Director Gokul Rajaram sold 1,355 shares of the firm’s stock in a transaction dated Monday, October 21st. The stock was sold at an average price of $117.89, for a total transaction of $159,740.95. Following the sale, the director now owns 28,636 shares of the company’s stock, valued at $3,375,898.04. This trade represents a 4.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Jay R. Grant sold 18,524 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the insider now owns 169,464 shares of the company’s stock, valued at $20,225,528.40. This represents a 9.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 9.72% of the company’s stock.

Institutional Investors Weigh In On Trade Desk

A number of hedge funds and other institutional investors have recently made changes to their positions in TTD. Edgewood Management LLC increased its holdings in Trade Desk by 133.3% during the 3rd quarter. Edgewood Management LLC now owns 9,934,156 shares of the technology company’s stock worth $1,089,280,000 after purchasing an additional 5,675,571 shares in the last quarter. Jennison Associates LLC boosted its position in shares of Trade Desk by 11.0% during the third quarter. Jennison Associates LLC now owns 20,320,769 shares of the technology company’s stock worth $2,228,172,000 after buying an additional 2,013,047 shares during the period. Baillie Gifford & Co. grew its holdings in shares of Trade Desk by 4.7% during the third quarter. Baillie Gifford & Co. now owns 38,716,074 shares of the technology company’s stock worth $4,245,218,000 after buying an additional 1,720,650 shares in the last quarter. International Assets Investment Management LLC raised its position in Trade Desk by 10,856.6% in the 3rd quarter. International Assets Investment Management LLC now owns 1,572,820 shares of the technology company’s stock valued at $172,460,000 after buying an additional 1,558,465 shares during the last quarter. Finally, Marshall Wace LLP raised its position in Trade Desk by 100.2% in the 2nd quarter. Marshall Wace LLP now owns 1,743,369 shares of the technology company’s stock valued at $170,275,000 after buying an additional 872,555 shares during the last quarter. 67.77% of the stock is currently 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.