In today’s recent session, 1.55 million shares of the Trade Desk Inc (NASDAQ:TTD) have been traded, and its beta is 1.29. Most recently the company’s share price was $56.58, and it changed around $0.95 or 1.70% from the last close, which brings the market valuation of the company to $28.07B. TTD at last check was trading at a discount to its 52-week high of $141.53, offering almost -150.14% off that amount. The share price’s 52-week low was $42.96, which indicates that the recent value has risen by an impressive 24.07% since then.
Trade Desk Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.67. If we narrow it down even further, the data shows that 2 out of 41 analysts rate the stock as a Sell; another 6 rate it as Overweight. Among the rest, 9 recommended TTD as a Hold, whereas 24 deemed it a Buy, and 0 rated it as Underweight. Trade Desk Inc is expected to report earnings per share of 0.25 for the current quarter.
Trade Desk Inc (NASDAQ:TTD) trade information
Instantly TTD has been showing a green trend so far today with a performance of 1.70% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 56.84 on recent trading dayincreased the stock’s daily price by 0.46%. The company’s shares are currently down -51.86% year-to-date, but still up 5.49% over the last five days. On the other hand, Trade Desk Inc (NASDAQ:TTD) is 22.09% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $130, which translates to bulls needing to increase their stock price by 56.48% from its current value. Analyst projections state that TTD is forecast to be at a low of $75 and a high of $145.
Trade Desk Inc (TTD) estimates and forecasts
The year-over-year growth rate is expected to be 16.68%, up from the previous year.
Consensus estimates provided by 33 financial analysts predict the company will bring in an average of 575.58M in revenue for the current quarter. 32 analysts expect Trade Desk Inc to make 681.47M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 491.25M and 584.55M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 17.17%. Forecasts for the next quarter put sales growth at 16.58%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 28.15%. Trade Desk Inc earnings are expected to increase by 5.60% in 2025, but the outlook is positive 13.94% per year for the next five years.
TTD Dividends
Trade Desk Inc’s next quarterly earnings report is expected to be released in June.
BAILLIE GIFFORD & CO, with 7.5601% or 37.0 million shares worth $3.61 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Mid-Cap Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 14.09 shares worth $801.12 million, making up 3.14% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Mid-Cap Index Fund held roughly 9.31 shares worth around $529.4 million, which represents about 2.08% of the total shares outstanding.
