Wedbush Has Positive Outlook of Trade Desk FY2026 Earnings

The Trade Desk, Inc. (NASDAQ:TTD) – Investment analysts at Wedbush increased their FY2026 EPS 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 prior estimate 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.

Several other brokerages also recently issued reports on TTD. DA Davidson upped their price target on Trade Desk from $108.00 to $134.00 and gave the stock a “buy” rating in a report on Monday, November 11th. Wells Fargo & Company assumed coverage on shares of Trade Desk in a report on Monday, October 28th. They set an “overweight” rating and a $150.00 price target on the stock. Oppenheimer increased their price objective on shares of Trade Desk from $120.00 to $135.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Macquarie boosted their target price on Trade Desk from $133.00 to $150.00 and gave the stock an “outperform” rating in a research note on Friday, November 22nd. Finally, Royal Bank of Canada increased their price target on Trade Desk from $136.00 to $140.00 and gave the company an “outperform” rating in a research report on Friday, January 3rd. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and twenty-four have given a buy rating to the company. According to data from MarketBeat, Trade Desk presently has a consensus rating of “Moderate Buy” and an average target price of $129.48.

Trade Desk Stock Performance

Shares of NASDAQ TTD opened at $121.52 on Wednesday. The stock has a market cap of $59.98 billion, a price-to-earnings ratio of 199.21, a PEG ratio of 6.00 and a beta of 1.45. Trade Desk has a fifty-two week low of $61.47 and a fifty-two week high of $141.53. The firm’s 50-day simple moving average is $126.70 and its 200 day simple moving average is $111.70.

Insider Buying and Selling at Trade Desk

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

Institutional Trading of Trade Desk

Several hedge funds have recently added to or reduced their stakes in TTD. Ithaka Group LLC lifted its stake in shares of Trade Desk by 4.5% in the 3rd quarter. Ithaka Group LLC now owns 112,888 shares of the technology company’s stock valued at $12,378,000 after acquiring an additional 4,836 shares during the last quarter. Venture Visionary Partners LLC lifted its position in Trade Desk by 33.0% in the third quarter. Venture Visionary Partners LLC now owns 17,308 shares of the technology company’s stock valued at $1,898,000 after purchasing an additional 4,296 shares during the last quarter. Nordea Investment Management AB boosted its stake in shares of Trade Desk by 36.2% during the fourth quarter. Nordea Investment Management AB now owns 1,347,318 shares of the technology company’s stock valued at $159,132,000 after purchasing an additional 358,350 shares during the period. Assetmark Inc. grew its holdings in shares of Trade Desk by 2,461.2% in the third quarter. Assetmark Inc. now owns 73,559 shares of the technology company’s stock worth $8,066,000 after purchasing an additional 70,687 shares during the last quarter. Finally, Swiss National Bank increased its stake in shares of Trade Desk by 0.3% in the third quarter. Swiss National Bank now owns 1,321,400 shares of the technology company’s stock worth $144,892,000 after buying an additional 4,500 shares during the period. 67.77% of the stock is owned by institutional investors.

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.