TTD stock slides post Q2 as macro headwinds and competition remain concerns, but CTV growth and Kokai adoption offer bright spots.
True to form, advertising technology stock The Trade Desk NASDAQ: TTD saw huge volatility after its latest earnings release. This time, it wasn't for the better.
TTD's almost 40% plunge justifies my previous caution, as I warned investors to be wary about getting too excited with The Trade Desk then. TTD's less than stellar Q3 guide has spooked investors about more aggressive competition from Amazon, as its growth premium crumbled. The Trade Desk operates in a growing CTV market opportunity, which should help mitigate some of the competitive pressure.
TTD slides 30% pre-market despite strong revenue growth and CTV momentum, as Q2 EPS misses estimates by 2.4%.
Cloud-based stock Trade Desk Inc (NASDAQ:TTD) is taking a nose dive today, last seen down 39.2% to trade at $53.68, after the company posted a second-quarter earnings miss and slower revenue growth, though revenue exceeded expectations.
Shares of Trade Desk Inc (NASDAQ:TTD) tumbled 38% on Friday morning after the digital advertising technology company posted better-than-expected second-quarter revenue but issued cautious guidance and faced renewed scrutiny over intensifying competition, particularly from Amazon. The company reported second-quarter revenue of $694 million, beating analysts' expectations of $684 million and marking a 19% year-over-year increase.
The Trade Desk (TTD) shares plunged Friday after the provider of software to help businesses run ad campaigns warned that new U.S. tariffs are putting a crimp on advertising spending. The company also announced a CFO change.
Some say newfound competition is pressuring Trade Desk's growth, but the ad-tech company's CEO says Amazon is limited because it competes against marketing customers.
The Trade Desk stock fell by 29% in after-hours trading, despite reporting strong quarterly results. This was mainly attributed to a slight miss on the Q3 guidance and the unforeseen departure of Laura Schenkein as CFO of the company, which has unsettled investors.
The Trade Desk, Inc. (NASDAQ:TTD ) Q2 2025 Earnings Conference Call August 7, 2025 5:00 PM ET Company Participants Chris Toth - Vice President of Investor Relations Jeffrey Terry Green - Founder, CEO & Chairman Laura Schenkein - Chief Financial Officer Conference Call Participants Jessica Jean Reif Ehrlich Cohen - BofA Securities, Research Division Justin Tyler Patterson - KeyBanc Capital Markets Inc., Research Division Mark Stephen F. Mahaney - Evercore ISI Institutional Equities, Research Division Matthew John Swanson - RBC Capital Markets, Research Division Shyam Vasant Patil - Susquehanna Financial Group, LLLP, Research Division Vasily Karasyov - Cannonball Research, LLC Youssef Houssaini Squali - Truist Securities, Inc., Research Division Operator Greetings.
The Trade Desk (TTD) came out with quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.39 per share a year ago.
TTD eyes 17% revenue growth in Q2 as the Kokai platform gains traction and CTV demand remains strong.