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.
The Trade Desk (TTD) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, TTD crossed above the 200-day moving average, suggesting a long-term bullish trend.
The Trade Desk has outperformed the S&P 500 since my last article, demonstrating strong growth momentum and resilience. Upcoming earnings preview suggests continued robust figures and a positive outlook, supported by strong industry growth. Valuation remains elevated versus peers, but scenario analysis shows potential to grow into current pricing.
The Trade Desk (TTD) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.