Trade Desk (NASDAQ:TTD) Trading Down 4.7% – Here’s What Happened

04 Sep 2026, 17:03 by Tristan Rich · The Markets Daily

Shares of The Trade Desk (NASDAQ:TTD – Get Free Report) fell 4.7% on Friday . The stock traded as low as $14.47 and last traded at $14.3750. Approximately 8,035,459 shares traded hands during mid-day trading, a decline of 59% from the average daily volume of 19,826,750 shares. The stock had previously closed at $15.09.

More Trade Desk News

Here are the key news stories impacting Trade Desk this week:

Positive Sentiment: The Trade Desk plans to cut approximately 15% of its global workforce, or about 575 employees, and reorganize teams into smaller, more focused “pods.” Investors may view the restructuring as a way to reduce costs, improve execution and realign resources toward higher-growth opportunities. Trade Desk Stock Rises on Plans to Cut Workforce by 15%
Positive Sentiment: Joint business partnerships, or JBPs, are emerging as a potential growth engine. These partnerships could deepen relationships with advertisers and media companies and help support growth as broader macroeconomic pressures weigh on ad spending. Can The Trade Desk’s JBPs Become Its Next Major Growth Engine?
Neutral Sentiment: Recent coverage points to renewed interest in agentic and programmatic advertising, which helped lift shares earlier in the week. However, investors still need evidence that these industry trends will translate into sustained revenue growth for TTD. Is Agentic Ad-Tech Broadening Out?
Negative Sentiment: The restructuring also signals that management is responding to meaningful business pressure. Analysts and investors remain concerned about slowing revenue growth and soft advertising demand across key categories, prompting debate over whether the stock’s lower valuation represents an opportunity or reflects deeper challenges. TTD Stock Plunges 60% Year to Date
Negative Sentiment: The Trade Desk’s latest reported quarter included adjusted earnings of $0.34 per share versus a $0.40 consensus estimate and revenue of $715.1 million versus expectations of $752.4 million. Revenue increased only 3% year over year, reinforcing concerns that near-term growth is not meeting investor expectations.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on TTD. Robert W. Baird set a $9.00 target price on Trade Desk and gave the company a “neutral” rating in a research report on Friday, August 7th. Arete Research set a $11.60 target price on Trade Desk and gave the company a “sell” rating in a research note on Tuesday, June 30th. Truist Financial set a $16.00 target price on shares of Trade Desk and gave the stock a “hold” rating in a report on Friday, August 7th. Wall Street Zen lowered shares of Trade Desk from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. Finally, Rothschild & Co Redburn began coverage on shares of Trade Desk in a report on Thursday, May 28th. They issued a “sell” rating and a $11.00 price target on the stock. Four analysts have rated the stock with a Buy rating, twenty-five have issued a Hold rating and ten have issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $19.33.

Check Out Our Latest Research Report on Trade Desk

Trade Desk Stock Performance

The stock has a 50 day moving average of $16.67 and a 200-day moving average of $20.48. The company has a market cap of $6.82 billion, a PE ratio of 17.29, a price-to-earnings-growth ratio of 1.63 and a beta of 1.01.

Trade Desk (NASDAQ:TTD – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The technology company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.06). The firm had revenue of $715.06 million for the quarter, compared to analysts’ expectations of $752.41 million. Trade Desk had a net margin of 13.61% and a return on equity of 16.09%. The firm’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.41 EPS. Equities research analysts forecast that The Trade Desk will post 0.51 EPS for the current year.

Institutional Trading of Trade Desk

Several large investors have recently bought and sold shares of the business. State Street Corp grew its position in shares of Trade Desk by 271.1% in the third quarter. State Street Corp now owns 36,354,274 shares of the technology company’s stock valued at $1,781,723,000 after purchasing an additional 26,559,005 shares in the last quarter. California State Teachers Retirement System lifted its position in Trade Desk by 1,202.9% during the second quarter. California State Teachers Retirement System now owns 8,704,453 shares of the technology company’s stock worth $157,377,000 after buying an additional 8,036,388 shares in the last quarter. Invesco Ltd. boosted its stake in Trade Desk by 101.0% during the third quarter. Invesco Ltd. now owns 6,807,971 shares of the technology company’s stock worth $333,659,000 after buying an additional 3,421,074 shares during the last quarter. Renaissance Technologies LLC grew its holdings in Trade Desk by 59.0% in the 1st quarter. Renaissance Technologies LLC now owns 5,440,541 shares of the technology company’s stock valued at $123,446,000 after buying an additional 2,018,525 shares in the last quarter. Finally, Norges Bank purchased a new stake in Trade Desk in the 4th quarter valued at $197,550,000. Hedge funds and other institutional investors own 67.77% of the company’s stock.

Trade Desk Company Profile

(Get Free Report)

The Trade Desk, Inc (NASDAQ: TTD) is a technology company that provides a demand-side platform (DSP) for programmatic digital advertising. Its platform enables advertisers, agencies and other buyers to plan, purchase and measure ad inventory across digital channels, including display, video, mobile, audio, native and connected TV. By centralizing real‑time bidding, audience targeting and inventory access, the company aims to help clients optimize media spend and reach audiences at scale across publishers and ad exchanges.