What is DA Davidson’s Estimate for Trade Desk Q1 Earnings?

The Trade Desk, Inc. (NASDAQ:TTD) – Investment analysts at DA Davidson issued their Q1 2025 earnings estimates for Trade Desk in a research report issued to clients and investors on Friday, February 14th. DA Davidson analyst T. White expects that the technology company will earn $0.04 per share for the quarter. DA Davidson currently has a “Buy” rating and a $103.00 price objective on the stock. The consensus estimate for Trade Desk’s current full-year earnings is $0.87 per share. DA Davidson also issued estimates for Trade Desk’s Q1 2025 earnings at $0.04 EPS.

Trade Desk (NASDAQ:TTD) last posted its earnings results on Wednesday, February 12th. The technology company reported $0.36 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.21). Trade Desk had a net margin of 13.34% and a return on equity of 13.17%.

Other analysts also recently issued research reports about the company. Evercore ISI downgraded Trade Desk from an “outperform” rating to an “inline” rating and cut their price objective for the stock from $135.00 to $90.00 in a report on Thursday, February 13th. Wells Fargo & Company reduced their price target on shares of Trade Desk from $142.00 to $101.00 and set an “overweight” rating for the company in a research report on Friday, February 14th. Oppenheimer lowered their price objective on shares of Trade Desk from $135.00 to $115.00 and set an “outperform” rating on the stock in a research report on Thursday, February 13th. KeyCorp increased their target price on Trade Desk from $140.00 to $142.00 and gave the company an “overweight” rating in a report on Monday, February 10th. Finally, Susquehanna lowered their price target on Trade Desk from $150.00 to $135.00 and set a “positive” rating on the stock in a report on Thursday, February 13th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, twenty-three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $120.97.

Trade Desk Trading Down 0.2 %

Shares of NASDAQ TTD opened at $80.03 on Monday. The company has a market capitalization of $39.50 billion, a price-to-earnings ratio of 131.20, a PEG ratio of 3.63 and a beta of 1.45. The firm has a 50-day moving average of $119.84 and a two-hundred day moving average of $115.53. Trade Desk has a twelve month low of $76.12 and a twelve month high of $141.53.

Hedge Funds Weigh In On Trade Desk

Several large investors have recently added to or reduced their stakes in TTD. Investment Management Corp VA ADV acquired a new stake in Trade Desk during the fourth quarter worth $25,000. Rialto Wealth Management LLC acquired a new position in Trade Desk during the fourth quarter worth $26,000. Harbor Investment Advisory LLC raised its stake in shares of Trade Desk by 68.8% in the fourth quarter. Harbor Investment Advisory LLC now owns 287 shares of the technology company’s stock valued at $34,000 after acquiring an additional 117 shares during the last quarter. Synergy Asset Management LLC bought a new position in shares of Trade Desk in the fourth quarter worth about $34,000. Finally, Midwest Capital Advisors LLC acquired a new position in Trade Desk during the 4th quarter valued at about $34,000. Institutional investors and hedge funds own 67.77% of the company’s stock.

Insider Buying and Selling at Trade Desk

In related news, insider Samantha Jacobson sold 4,298 shares of the business’s stock in a transaction on Tuesday, January 28th. The shares were sold at an average price of $118.56, for a total transaction of $509,570.88. Following the transaction, the insider now owns 90,709 shares of the company’s stock, valued at approximately $10,754,459.04. The trade was a 4.52 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Jeffrey Terry Green sold 18,207 shares of the company’s stock in a transaction on Tuesday, January 7th. The shares were sold at an average price of $125.44, for a total transaction of $2,283,886.08. Following the transaction, the chief executive officer now owns 704,229 shares of the company’s stock, valued at approximately $88,338,485.76. The trade was a 2.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 41,029 shares of company stock worth $5,004,296 over the last ninety days. Company insiders own 9.72% of the company’s stock.

Trade Desk declared that its board has authorized a share buyback plan on Wednesday, February 12th that authorizes the company to repurchase $564.00 million in outstanding shares. This repurchase authorization authorizes the technology company to reacquire up to 0.9% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

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.