Trade Desk (NASDAQ:TTD) Sets New 52-Week Low – Here’s Why

17 Jun 2026, 21:27 by Danessa Lincoln · The Markets Daily

The Trade Desk (NASDAQ:TTD – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $18.23 and last traded at $18.1650, with a volume of 11591441 shares traded. The stock had previously closed at $18.96.

Analyst Ratings Changes

A number of analysts have recently issued reports on TTD shares. Truist Financial set a $35.00 price target on Trade Desk and gave the stock a “buy” rating in a research note on Friday, May 8th. Weiss Ratings raised Trade Desk from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, June 1st. Royal Bank Of Canada set a $33.00 price target on Trade Desk and gave the stock an “outperform” rating in a research note on Friday, May 8th. Piper Sandler reaffirmed a “neutral” rating and issued a $24.00 price target on shares of Trade Desk in a research note on Friday, May 8th. Finally, Scotiabank set a $20.00 price target on Trade Desk in a research note on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twenty-one have given a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $33.91.

Check Out Our Latest Report on Trade Desk

Trade Desk Price Performance

The stock has a 50 day simple moving average of $21.68 and a two-hundred day simple moving average of $27.93. The company has a market cap of $8.54 billion, a price-to-earnings ratio of 20.64, a price-to-earnings-growth ratio of 0.93 and a beta of 1.05.

Trade Desk (NASDAQ:TTD – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The technology company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.24). The company had revenue of $688.86 million for the quarter, compared to analyst estimates of $678.87 million. Trade Desk had a return on equity of 16.91% and a net margin of 14.57%.The business’s quarterly revenue was up 11.8% on a year-over-year basis. During the same period last year, the firm posted $0.33 EPS. As a group, research analysts forecast that The Trade Desk will post 1.17 EPS for the current year.

Trade Desk declared that its board has authorized a share buyback program on Wednesday, February 25th that authorizes the company to buyback $350.00 million in outstanding shares. This buyback authorization authorizes the technology company to reacquire up to 2.9% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its stock is undervalued.

Insiders Place Their Bets

In other Trade Desk news, Director Samantha Jacobson sold 53,681 shares of the business’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $21.14, for a total transaction of $1,134,816.34. Following the transaction, the director owned 13,099 shares of the company’s stock, valued at approximately $276,912.86. The trade was a 80.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 11.41% of the company’s stock.

Institutional Trading of Trade Desk

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Brighton Jones LLC raised its holdings in Trade Desk by 3.8% in the 4th quarter. Brighton Jones LLC now owns 4,586 shares of the technology company’s stock valued at $539,000 after buying an additional 169 shares during the period. Bison Wealth LLC raised its holdings in shares of Trade Desk by 24.3% in the 4th quarter. Bison Wealth LLC now owns 2,480 shares of the technology company’s stock valued at $291,000 after buying an additional 485 shares during the period. Woodline Partners LP increased its stake in Trade Desk by 75.5% during the 1st quarter. Woodline Partners LP now owns 5,275 shares of the technology company’s stock worth $289,000 after buying an additional 2,269 shares during the period. Cerity Partners LLC boosted its position in Trade Desk by 46.6% in the 2nd quarter. Cerity Partners LLC now owns 59,785 shares of the technology company’s stock valued at $4,304,000 after buying an additional 19,015 shares during the period. Finally, AXA S.A. boosted its position in Trade Desk by 14.7% in the 2nd quarter. AXA S.A. now owns 42,819 shares of the technology company’s stock valued at $3,083,000 after buying an additional 5,487 shares during the period. 67.77% of the stock is owned by institutional investors and hedge funds.

About Trade Desk

(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.