In the latest trading session,, 0.77 million Trade Desk Inc (NASDAQ:TTD) shares changed hands as the company’s beta touched 1.43. With the company’s most recent per share price at $76.10 changed hands at -$0.96 or -1.25% at last look, the market valuation stands at $37.40B. TTD’s current price is a discount, trading about -85.98% off its 52-week high of $141.53. The share price had its 52-week low at $42.96, which suggests the last value was 43.55% up since then.
Analysts gave the Trade Desk Inc (TTD) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.70. If we narrow down to specifics, the data shows that 0 out of 26 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 4 recommended TTD as a Hold, 22 felt it is a Buy and 0 rated the stock as Underweight. Trade Desk Inc’s EPS for the current quarter is expected to be 0.41.
Trade Desk Inc (NASDAQ:TTD) trade information
Instantly TTD was in red as seen in intraday trades today. With action -3.84%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -35.25%, with the 5-day performance at -3.84% in the red. However, in the 30-day time frame, Trade Desk Inc (NASDAQ:TTD) is 56.39% up.
The consensus price target for the stock as assigned by Wall Street analysts is 125, meaning bulls need an upside of 39.12% from its recent market value. According to analyst projections, TTD’s forecast low is 75 with 140 as the target high. To hit the forecast high, the stock’s price needs a -83.97% plunge from its current level, while the stock would need to tank 1.45% for it to hit the projected low.
Trade Desk Inc (TTD) estimates and forecasts
Year-over-year growth is forecast to reach 17.02% up from the last financial year.
Consensus estimates given by 35 financial analysts project the company’s revenue in the current quarter to hit an average of 686.05M. 33 analysts are of the opinion that Trade Desk Inc’s revenue for the current quarter will be 716.6M. The company’s revenue for the corresponding quarters a year ago was 584.55M and 628.02M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 17.36%. The estimates for the next quarter sales put growth at 14.11%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 28.15%. The 2025 estimates are for Trade Desk Inc earnings to increase by 7.18%, but the outlook for the next 5-year period is at 16.05% per year.
TTD Dividends
Trade Desk Inc is expected to release its next quarterly earnings report in June.
BAILLIE GIFFORD & CO holds the second largest percentage of outstanding shares, with 7.5601% or 37.0 million shares worth $3.61 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Mid-Cap Index Fund . With 14.09 shares estimated at $1.07 billion under it, the former controlled 3.14% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Mid-Cap Index Fund held about 2.08% of the shares, roughly 9.31 shares worth around $709.45 million.
