Investment analysts from Wedbush recently released their earnings estimates for Trade Desk (NASDAQ:TTD) for the third quarter of 2025, projecting earnings of $0.25 per share. The firm currently rates Trade Desk with a “Hold” designation. Their full-year estimate for the company’s earnings in 2023 stands at $1.06 per share. Additionally, Wedbush outlined expectations for the following quarters, forecasting $0.40 EPS for Q4 2025, and laying out projections for subsequent years as well, which include $1.01 EPS for FY2025, $1.22 EPS for FY2026, and $2.31 EPS for FY2027.
The company’s most recent quarterly earnings report, released on August 7, showed Trade Desk earning $0.18 per share—falling short of the consensus estimate of $0.42 by $0.24. Despite this miss, Trade Desk reported revenue of $694.04 million for the quarter, surpassing predictions of $686.00 million, which marked an 18.7% increase compared to the same quarter in the previous year.
Several analysts have weighed in on Trade Desk’s stock performance recently. BTIG Research downgraded the shares from a “buy” to a “neutral” rating, while Needham & Company maintained a “buy” rating with a target price of $84.00. Other firms like HSBC and Wells Fargo also provided ratings and target price adjustments, reflecting a range of perspectives among analysts. Currently, the consensus rating for Trade Desk stands at “Hold,” with an average target price of approximately $84.48, based on input from 37 analysts.
On the stock’s performance front, Trade Desk shares opened at $47.70, while the company has seen a 52-week trading range fluctuating between $42.96 and $141.53. The stock has a market cap of $23.32 billion, with a price-to-earnings ratio of 57.47. Insider trading also shows some recent activity, with Director Andrea Lee Cunningham selling 1,403 shares, indicating a 21.79% reduction in her holdings.
Additionally, institutional trading has seen significant movements, with several investors making substantial changes to their positions in Trade Desk. Notably, Sound Income Strategies LLC reported a 317.6% increase in their stakes during the second quarter, highlighting a growing interest in the company among institutional shareholders.
Overall, despite the fluctuation in estimated earnings and varying analyst opinions, Trade Desk continues to be a central player in the technology sector, offering a robust platform for digital advertising across multiple channels and formats. The company’s ability to drive growth and adapt to the evolving digital landscape remains a point of optimism for investors.