Wedbush Has Positive Estimate for Trade Desk FY2026 Earnings

The Trade Desk, Inc. (NASDAQ:TTD) – Investment analysts at Wedbush raised their FY2026 earnings per share estimates for Trade Desk in a report issued on Monday, January 6th. Wedbush analyst S. Devitt now anticipates that the technology company will post earnings of $2.05 per share for the year, up from their prior estimate of $2.00. Wedbush currently has a “Outperform” rating and a $145.00 price target on the stock. The consensus estimate for Trade Desk’s current full-year earnings is $0.87 per share.

TTD has been the topic of a number of other reports. Wells Fargo & Company began coverage on shares of Trade Desk in a report on Monday, October 28th. They set an “overweight” rating and a $150.00 target price on the stock. Royal Bank of Canada upped their target price on shares of Trade Desk from $136.00 to $140.00 and gave the company an “outperform” rating in a report on Friday, January 3rd. Needham & Company LLC lifted their price target on Trade Desk from $115.00 to $125.00 and gave the stock a “buy” rating in a report on Tuesday, October 1st. UBS Group upped their price objective on Trade Desk from $140.00 to $150.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Finally, BTIG Research lifted their target price on Trade Desk from $114.00 to $142.00 and gave the stock a “buy” rating in a research note on Wednesday, October 30th. 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 stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $129.48.

Trade Desk Stock Up 0.1 %

TTD stock opened at $121.52 on Wednesday. Trade Desk has a twelve month low of $61.47 and a twelve month high of $141.53. The company has a market cap of $59.98 billion, a price-to-earnings ratio of 199.21, a P/E/G ratio of 6.00 and a beta of 1.45. The business has a 50 day moving average price of $126.70 and a two-hundred day moving average price of $111.70.

Institutional Trading of Trade Desk

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Baillie Gifford & Co. increased its holdings in Trade Desk by 4.7% in the third quarter. Baillie Gifford & Co. now owns 38,716,074 shares of the technology company’s stock worth $4,245,218,000 after purchasing an additional 1,720,650 shares in the last quarter. Jennison Associates LLC increased its stake in shares of Trade Desk by 11.0% in the 3rd quarter. Jennison Associates LLC now owns 20,320,769 shares of the technology company’s stock valued at $2,228,172,000 after acquiring an additional 2,013,047 shares in the last quarter. Edgewood Management LLC lifted its position in shares of Trade Desk by 133.3% during the 3rd quarter. Edgewood Management LLC now owns 9,934,156 shares of the technology company’s stock valued at $1,089,280,000 after acquiring an additional 5,675,571 shares during the period. 1832 Asset Management L.P. increased its stake in Trade Desk by 10.5% in the second quarter. 1832 Asset Management L.P. now owns 2,852,700 shares of the technology company’s stock valued at $278,623,000 after purchasing an additional 270,800 shares in the last quarter. Finally, FMR LLC raised its holdings in shares of Trade Desk by 1.3% during the third quarter. FMR LLC now owns 2,616,203 shares of the technology company’s stock valued at $286,867,000 after purchasing an additional 32,999 shares during the period. Institutional investors and hedge funds own 67.77% of the company’s stock.

Insider Transactions at Trade Desk

In other Trade Desk news, insider Jay R. Grant sold 18,524 shares of Trade Desk stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $119.35, for a total transaction of $2,210,839.40. Following the transaction, the insider now directly owns 169,464 shares of the company’s stock, valued at approximately $20,225,528.40. The trade was a 9.85 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Gokul Rajaram sold 1,355 shares of the stock in a transaction dated Monday, October 21st. The shares were sold at an average price of $117.89, for a total value of $159,740.95. Following the completion of the sale, the director now directly owns 28,636 shares of the company’s stock, valued at approximately $3,375,898.04. The trade was a 4.52 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 9.72% of the company’s stock.

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.