Famed investor Jim Cramer says “there are wins and misses” in digital advertising and marketing automation space – and Trade Desk (TTD) is evidently the latter. His comments came after The Trade Desk reported first-quarter results showing a 12% increase in revenue to $689 million.
TTD beat revenue estimates as AI launches, strategic partnerships and strong CTV growth drove momentum despite an EPS miss.
The Trade Desk (NASDAQ:TTD | TTD Price Prediction) got crushed Friday after a coordinated wave of analyst downgrades followed a disappointing Q1 2026 print and soft Q2 2026 guidance.
The Trade Desk (NASDAQ: TTD) stock tumbled more than 12% in premarket trading on Friday, May 8, after the advertising technology company failed to meet all Wall Street expectations for the past quarter.
The Trade Desk (TTD) came out with quarterly earnings of $0.28 per share, missing the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.33 per share a year ago.
Growth slowed further in the latest quarter, while profit came up short of expectations.
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Wedbush upgraded Trade Desk (NASDAQ:TTD | TTD Price Prediction) to Neutral from Underperform on Monday with a $23 price target, marking bear case capitulation rather than fresh bullish conviction.
TTD heads into Q1 earnings with solid CTV-driven growth but rising competition, soft demand in key sectors clouds near-term outlook.
The latest trading day saw The Trade Desk (TTD) settling at $23.59, representing a -3.2% change from its previous close.
The Trade Desk (TTD) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
TTD taps DramaBox to bring short drama to open Internet ads, expanding reach, boosting engagement and strengthening its edge over walled gardens.