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 EPS estimates for shares of Trade Desk in a report issued on Friday, February 14th. DA Davidson analyst T. White anticipates that the technology company will post earnings of $0.04 per share for the quarter. DA Davidson has a “Buy” rating and a $103.00 price target 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.

A number of other equities analysts also recently weighed in on TTD. Loop Capital boosted their price target on Trade Desk from $120.00 to $145.00 and gave the stock a “buy” rating in a research report on Monday, November 11th. UBS Group upped their price target on shares of Trade Desk from $116.00 to $148.00 and gave the company a “buy” rating in a research note on Friday, February 14th. Citizens Jmp upgraded shares of Trade Desk to a “strong-buy” rating in a research note on Tuesday, January 21st. BTIG Research increased their target price on shares of Trade Desk from $114.00 to $142.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. Finally, Oppenheimer dropped their price target on shares of Trade Desk from $135.00 to $115.00 and set an “outperform” rating for the company in a research report on Thursday, February 13th. One analyst has rated the stock with a sell rating, five have given a hold rating, twenty-three have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Trade Desk presently has an average rating of “Moderate Buy” and an average target price of $120.97.

Trade Desk Trading Down 0.2 %

NASDAQ TTD opened at $80.03 on Monday. The stock has a 50 day moving average of $119.84 and a 200-day moving average of $115.53. Trade Desk has a 12 month low of $76.12 and a 12 month high of $141.53. The company has a market cap of $39.50 billion, a PE ratio of 131.20, a PEG ratio of 3.63 and a beta of 1.45.

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

Hedge Funds Weigh In On Trade Desk

A number of institutional investors have recently modified their holdings of the company. Investment Management Corp VA ADV bought a new position in shares of Trade Desk in the fourth quarter valued at approximately $25,000. Alpine Global Management LLC bought a new position in Trade Desk during the 4th quarter valued at $454,000. Fourth Dimension Wealth LLC purchased a new position in Trade Desk during the 4th quarter worth $56,000. Vise Technologies Inc. grew its stake in shares of Trade Desk by 63.5% in the 4th quarter. Vise Technologies Inc. now owns 3,436 shares of the technology company’s stock worth $404,000 after acquiring an additional 1,334 shares in the last quarter. Finally, JT Stratford LLC purchased a new stake in shares of Trade Desk in the fourth quarter valued at about $246,000. 67.77% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Samantha Jacobson sold 4,298 shares of the business’s stock in a transaction dated Tuesday, January 28th. The stock was sold at an average price of $118.56, for a total value of $509,570.88. Following the transaction, the insider now directly owns 90,709 shares of the company’s stock, valued at $10,754,459.04. The trade was a 4.52 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Jay R. Grant sold 18,524 shares of the business’s stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $119.35, for a total value of $2,210,839.40. Following the completion of the transaction, the insider now directly owns 169,464 shares in the company, valued at approximately $20,225,528.40. This trade represents a 9.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 41,029 shares of company stock valued at $5,004,296. Company insiders own 9.72% of the company’s stock.

Trade Desk announced that its board has approved a stock buyback plan on Wednesday, February 12th that permits the company to repurchase $564.00 million in shares. This repurchase authorization permits the technology company to reacquire up to 0.9% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board 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.