Wedbush Has Strong Estimate for Trade Desk FY2026 Earnings

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

A number of other research analysts also recently weighed in on the company. Robert W. Baird raised their price target on Trade Desk from $130.00 to $140.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Benchmark reissued a “sell” rating and issued a $57.00 target price on shares of Trade Desk in a research note on Friday, November 8th. Needham & Company LLC upped their price target on shares of Trade Desk from $115.00 to $125.00 and gave the stock a “buy” rating in a research report on Tuesday, October 1st. Wolfe Research lifted their price objective on shares of Trade Desk from $140.00 to $155.00 and gave the company an “outperform” rating in a research report on Friday, January 3rd. Finally, UBS Group boosted their price objective on shares of Trade Desk from $140.00 to $150.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. One equities research 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 company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $129.48.

Trade Desk Stock Performance

NASDAQ:TTD opened at $121.41 on Wednesday. Trade Desk has a 52-week low of $61.47 and a 52-week high of $141.53. The company has a market cap of $59.92 billion, a P/E ratio of 199.03, a P/E/G ratio of 6.00 and a beta of 1.45. The stock’s 50-day simple moving average is $126.71 and its 200 day simple moving average is $111.63.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in TTD. CAP Partners LLC grew its holdings in shares of Trade Desk by 1.4% during the 3rd quarter. CAP Partners LLC now owns 6,403 shares of the technology company’s stock valued at $702,000 after purchasing an additional 86 shares during the last quarter. Allworth Financial LP boosted its position in Trade Desk by 2.7% during the third quarter. Allworth Financial LP now owns 3,738 shares of the technology company’s stock valued at $410,000 after buying an additional 97 shares during the period. Avior Wealth Management LLC grew its stake in shares of Trade Desk by 37.7% during the third quarter. Avior Wealth Management LLC now owns 365 shares of the technology company’s stock valued at $40,000 after buying an additional 100 shares during the last quarter. Advisory Resource Group increased its holdings in shares of Trade Desk by 1.0% in the third quarter. Advisory Resource Group now owns 10,502 shares of the technology company’s stock worth $1,152,000 after buying an additional 101 shares during the period. Finally, HM Payson & Co. lifted its stake in shares of Trade Desk by 1.0% in the 3rd quarter. HM Payson & Co. now owns 9,875 shares of the technology company’s stock valued at $1,083,000 after acquiring an additional 102 shares during the last quarter. 67.77% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Trade Desk

In related news, insider Jay R. Grant sold 18,524 shares of the firm’s stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $119.35, for a total transaction of $2,210,839.40. Following the transaction, the insider now directly owns 169,464 shares of the company’s stock, valued at approximately $20,225,528.40. This trade represents a 9.85 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Gokul Rajaram sold 1,355 shares of the company’s stock in a transaction that occurred on Monday, October 21st. The stock was sold at an average price of $117.89, for a total value of $159,740.95. Following the completion of the sale, the director now directly owns 28,636 shares of the company’s stock, valued at approximately $3,375,898.04. This represents a 4.52 % decrease in their position. The disclosure for this sale can be found here. 9.72% of the stock is currently owned by company insiders.

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.