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TTD

Key Facts to Consider Before Trading The Trade Desk Stock

Shares of Trade Desk have moved -0.1% today, and are now trading at a price of $57.06. In contrast, the S&P 500 index saw a -0.0% change. Today's trading volume is 1,259,531 compared to the stock's average volume of 9,319,488.

The Trade Desk, Inc. operates as a technology company in the United States and internationally. Based in Ventura, United States the company has 3,522 full time employees and a market cap of $28,309,317,632.

The company is now trading -46.36% away from its average analyst target price of $106.39 per share. The 31 analysts following the stock have set target prices ranging from $49.0 to $150.0, and on average give Trade Desk a rating of buy.

Over the last 12 months TTD shares have declined by -34.3%, which represents a difference of -42.4% when compared to the S&P 500. The stock's 52 week high is $141.53 per share and its 52 week low is $52.9. With its net margins declining an average -10.6% over the last 6 years, Trade Desk declining profitability gives us reason to believe its stock price will continue to underwhelm.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2023 1,946,120 178,940 9 200.0
2022 1,577,795 53,385 3 -75.0
2021 1,196,467 137,762 12 -57.14
2020 836,033 242,317 28 75.0
2019 661,058 108,318 16 -11.11
2018 477,294 88,140 18
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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