Trade Desk (NASDAQ:TTD) Stock Price Down 3.5% – Here’s What Happened

The Trade Desk (NASDAQ:TTD)’s stock price traded down 3.5% during mid-day trading on Thursday . The company traded as low as $37.04 and last traded at $37.30. 12,660,903 shares were traded during trading, an increase of 7% from the average session volume of 11,848,299 shares. The stock had previously closed at $38.65.

Trade Desk News Summary

Here are the key news stories impacting Trade Desk this week:

• Positive Sentiment: Strong CTV momentum remains a growth driver — video/CTV is TTD’s largest, fastest-growing channel and could underpin a rebound if ad demand or pricing stabilizes. Can Trade Desk’s CTV Momentum Hold Off Rising Competition?
• Positive Sentiment: OpenAds (a transparent auction model) is gaining early publisher backing, which could improve supply-chain trust and ad signal quality — a constructive step for programmatic demand. Can Trade Desk’s OpenAds Make Media Supply Chains Healthier?
• Positive Sentiment: TTD has product AI (Kokai) and about $1.4B cash, which analysts cite as resources to invest in differentiation or buybacks — reasons some see upside potential in 2026. The Trade Desk Slumps 68% in the Past Year: How to Approach the Stock?
• Neutral Sentiment: Analysts and commentators are debating whether the current multiple is now attractive or still too high given secular risks; this keeps the narrative mixed. Is Trade Desk (TTD) Pricing Look Misaligned After 68% One-Year Share Price Slump?
• Neutral Sentiment: Coverage and investor attention have spiked, so expect higher volatility as traders react to incremental product, competitive or pricing updates. Investors Heavily Search The Trade Desk (TTD): Here is What You Need to Know
• Negative Sentiment: Competitive pressure from Amazon and AI-driven players is a major headwind — investors worry TTD’s mix and pricing power could erode further. Why the Trade Desk Stock Collapsed 68% In 2025
• Negative Sentiment: High-profile skepticism (e.g., Jim Cramer saying TTD “needs to figure out where it fits”) and recent share declines versus the market amplify sentiment risk and selling pressure. Jim Cramer Says “The Trade Desk Still Needs to Figure Out Where It Fits in the World”
• Negative Sentiment: The stock fell roughly 68% over the past year, raising concerns that fundamentals haven’t convinced investors the valuation premium is justified. The Trade Desk Slumps 68% in the Past Year: How to Approach the Stock?

Analyst Ratings Changes

Several equities analysts have recently weighed in on TTD shares. UBS Group restated a “buy” rating and set a $82.00 price target (up from $80.00) on shares of Trade Desk in a report on Friday, November 7th. Citigroup reiterated an “outperform” rating on shares of Trade Desk in a research note on Tuesday, September 30th. Evercore ISI reduced their price objective on shares of Trade Desk from $80.00 to $70.00 and set an “outperform” rating for the company in a research note on Friday, November 7th. DA Davidson decreased their target price on shares of Trade Desk from $80.00 to $54.00 and set a “buy” rating for the company in a report on Monday, November 10th. Finally, Wells Fargo & Company dropped their target price on shares of Trade Desk from $53.00 to $47.00 and set an “equal weight” rating on the stock in a research note on Friday, November 7th. Twenty-one investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $71.19.

Trade Desk Trading Down 3.5%

The firm has a fifty day moving average of $40.29 and a 200 day moving average of $53.97. The company has a market capitalization of $18.04 billion, a P/E ratio of 42.87, a P/E/G ratio of 1.56 and a beta of 1.11.

Trade Desk (NASDAQ:TTD) last announced its quarterly earnings results on Thursday, November 6th. The technology company reported $0.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.44 by $0.01. Trade Desk had a net margin of 15.72% and a return on equity of 16.00%. The firm had revenue of $739.43 million for the quarter, compared to the consensus estimate of $719.11 million. During the same quarter last year, the firm posted $0.41 EPS. The business’s quarterly revenue was up 17.7% compared to the same quarter last year. Sell-side analysts anticipate that The Trade Desk will post 1.06 EPS for the current fiscal year.

Trade Desk declared that its board has initiated a share buyback program on Thursday, November 6th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the technology company to purchase up to 2.1% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board of directors believes its stock is undervalued.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Family Legacy Financial Solutions LLC increased its position in shares of Trade Desk by 163.2% during the 3rd quarter. Family Legacy Financial Solutions LLC now owns 500 shares of the technology company’s stock valued at $25,000 after purchasing an additional 310 shares during the last quarter. Sound Income Strategies LLC boosted its holdings in shares of Trade Desk by 317.6% in the second quarter. Sound Income Strategies LLC now owns 355 shares of the technology company’s stock worth $26,000 after buying an additional 270 shares during the last quarter. Versant Capital Management Inc grew its position in Trade Desk by 175.8% during the third quarter. Versant Capital Management Inc now owns 524 shares of the technology company’s stock valued at $26,000 after buying an additional 334 shares during the period. Root Financial Partners LLC purchased a new stake in Trade Desk during the third quarter valued at approximately $26,000. Finally, Twin Peaks Wealth Advisors LLC purchased a new stake in Trade Desk during the second quarter valued at approximately $28,000. Institutional investors own 67.77% of the company’s stock.

Trade Desk Company Profile

The Trade Desk, Inc (NASDAQ: TTD) is a technology company that provides a demand-side platform (DSP) for programmatic digital advertising. Its platform enables advertisers, agencies and other buyers to plan, purchase and measure ad inventory across digital channels, including display, video, mobile, audio, native and connected TV. By centralizing real‑time bidding, audience targeting and inventory access, the company aims to help clients optimize media spend and reach audiences at scale across publishers and ad exchanges.

Founded in 2009 by Jeff Green and Dave Pickles, The Trade Desk grew from a focus on programmatic display into a global ad‑tech provider.