News about TTD

The Trade Desk (TTD) shares trade near $12, down about 91% from their December 2024 record close of $139.51 and about 68% since the end of 2025. Q2 2026 revenue rose just 3% to $715 million while net income fell about 29%, and management guided to Q3 revenue of at least $650 million, a decline of about 12% year over year. Buybacks cut the diluted share count from about 507 million in late 2024 to 470 million by Q2 2026, and the company holds about $1.5 billion in cash and short-term investments with no debt. The author estimates the stock could reach about $16 by end-2029, a gain of about 9% a year, but this depends on a return to revenue growth that management has not forecast; if revenue settles near $2.8 billion with a 10% net margin, the stock could be worth about $7. The author says he still would not buy the shares until management's revenue forecast turns up again.