The Trade Desk Inc ($TTD) Stock Forecast: Down 5.1% Today

What is The Trade Desk Inc?

Trade Desk (TTD) is a technology company specializing in digital advertising with a self-service cloud-based platform for managing data-driven ad campaigns.

Why is The Trade Desk Inc going down?

TTD stock is down 5.1% on Nov 8, 2024 20:06

• Trade Desk (TTD) stock saw a significant bearish movement despite exceeding third-quarter financial expectations.
• The company outperformed earnings and revenue projections, but market response was negative, causing a drop in stock value.
• Despite support from financial giants and affluent investors, the stock did not reflect the anticipated positive market sentiment, suggesting external factors influencing the decline.
• The disconnect between strong financial results and the stock's downturn indicates possibly unmet investor expectations or concerns over future growth prospects, contributing to the bearish trend.

TTD Price Chart

TTD Technical Analysis

TTD News

This Is What Whales Are Betting On Trade Desk - Trade Desk ( NASDAQ:TTD )

Financial giants have made a conspicuous bullish move on Trade Desk. Our analysis of options history for Trade Desk TTD revealed 41 unusual trades. Delving into the details, we found 46% of traders were bullish, while 43% showed bearish tendencies.

https://www.benzinga.com/insights/options/24/11/41854188/this-is-what-whales-are-betting-on-trade-desk

What's Going On With The Trade Desk Stock Friday? - Trade Desk ( NASDAQ:TTD )

The Trade Desk, Inc. TTD stock is moving lower Friday despite reporting better-than-expected 2024 third-quarter financial results after the bell on Thursday. The Details: The Trade Desk reported adjusted earnings per share of 41 cents beating analyst estimates of 39 cents.

https://www.benzinga.com/24/11/41851892/whats-going-on-with-the-trade-desk-stock-friday

The Trade Desk Stock Is Tumbling After The Bell: What's Going On? - Trade Desk ( NASDAQ:TTD )

The Trade Desk Inc TTD shares are falling after the company reported third-quarter financial results after the market close on Thursday. Here's a rundown of the report. Q3 Revenue: $628 million, versus estimates of $619.85 million Q3 Adjusted EPS: 41 cents, versus estimates of 39 cents

https://www.benzinga.com/news/earnings/24/11/41830188/the-trade-desk-stock-is-tumbling-after-the-bell-whats-going-on

The Trade Desk ( TTD ) Beats Q3 Earnings and Revenue Estimates

The Trade Desk (TTD) delivered earnings and revenue surprises of 2.50% and 1.31%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2366828/the-trade-desk-ttd-beats-q3-earnings-and-revenue-estimates

Decoding Trade Desk's Options Activity: What's the Big Picture? - Trade Desk ( NASDAQ:TTD )

Deep-pocketed investors have adopted a bullish approach towards Trade Desk TTD, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today.

https://www.benzinga.com/insights/options/24/11/41815691/decoding-trade-desks-options-activity-whats-the-big-picture

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The Trade Desk Inc Price History

06.08.2024 - TTD Stock was down 1.5%

• Whales in the options market initially showed optimism, but a subsequent downturn suggests a change in sentiment.
• Analyst projections and the company's expansions into connected TV and retail media were not enough to prevent the shift in sentiment, hinting at external influences.
• The sale of Trade Desk stock by Cathie Wood's ARK could have played a role in the downturn by influencing other investors.
• Comparisons with 21Vianet's value might have impacted investor decisions and contributed to Trade Desk's stock price decline.

07.10.2024 - TTD Stock was up 5.8%

• The bullish movement in Trade Desk's stock today can be attributed to the deep-pocketed investors adopting a bullish stance towards the company, as indicated by the significant increase in options activity.
• The anticipation of strong Q3 2024 earnings, driven by robust demand for CTV, retail media, Kokai, and UID2 solutions, might have also contributed to the positive sentiment surrounding Trade Desk.
• The consistent outperformance of Trade Desk over the past 5 years, with an average annual return of 39.89%, showcases the company's strong growth potential and attractiveness to investors.
• The Stock Whisper Index highlighting Trade Desk as a stock investors are secretly monitoring further adds to the positive market sentiment and attention towards the company.

07.10.2024 - TTD Stock was up 5.0%

• Trade Desk (TTD) stock demonstrated a strong upward movement today.
• The expected robust Q3 earnings, fueled by strong demand for CTV, retail media, Kokai, and UID2 solutions, likely influenced the positive market sentiment.
• Trade Desk's consistent market outperformance reflects investor confidence in the company's future growth and innovative offerings.
• The Stock Whisper Index identifying Trade Desk as a noteworthy stock may have attracted increased interest and buying activity, further driving up the stock price.

08.10.2024 - TTD Stock was down 7.0%

• Despite surpassing Q3 earnings and revenue expectations, Trade Desk (TTD) faced a downward trend following the release of its financial results, suggesting potential market overestimation.
• Notable bullish options activity from well-funded investors may indicate optimism for the company's future prospects, although short-term market reactions to earnings announcements could still impact stock performance.
• Investor profit-taking, driven by substantial stock gains over the previous 5 years, may have contributed to the current bearish movement in response to Trade Desk's financial results.
• While Trade Desk has a history of market outperformance, short-term stock price fluctuations can be influenced by earnings releases and investor sentiment.

08.10.2024 - TTD Stock was down 5.1%

• Trade Desk (TTD) stock saw a significant bearish movement despite exceeding third-quarter financial expectations.
• The company outperformed earnings and revenue projections, but market response was negative, causing a drop in stock value.
• Despite support from financial giants and affluent investors, the stock did not reflect the anticipated positive market sentiment, suggesting external factors influencing the decline.
• The disconnect between strong financial results and the stock's downturn indicates possibly unmet investor expectations or concerns over future growth prospects, contributing to the bearish trend.

05.07.2024 - TTD Stock was up 6.6%

• TTD's stock displayed significant bullish momentum today.
• Analysts on Wall Street are optimistic about TTD, with a consensus Buy rating.
• Long-term growth for the company is expected due to the strong demand for Connected TV (CTV), retail media, Kokai, and UID2 solutions, along with a robust network of partners.
• The positive market performance is influenced by favorable analyst sentiment and the company's innovative solutions for the digital advertising industry, as evidenced by the success of their Olympic ad placements.

02.07.2024 - TTD Stock was down 5.4%

• The bearish movement in TTD today is linked to significant bearish bets made by financial giants on Trade Desk options, with a majority showing bearish tendencies.
• Despite recent positive developments like successful Olympic ad buys and an increased target price by KeyBanc on growth outlook, market sentiment towards TTD seems influenced by major bearish moves in options trading.
• The lackluster performance of Cathie Wood's stocks, including TTD, in 2024 may have also impacted the bearish movement, as investors exhibit caution towards high-growth stocks needing time for returns.
• All in all, the combination of bearish options trading activity, mixed market performance, and overall sentiments towards growth stocks likely contributed to the bearish movement in TTD today.

02.07.2024 - TTD Stock was down 5.2%

• A leaked pitch demonstrating efficacy in Olympic ad buys may have sparked worries among investors regarding sustained growth and profitability, prompting a decline in the stock price.
• Despite positive updates on The Trade Desk's advancement, its underperformance relative to the market could have caused disappointment among investors and resulted in selling pressure.
• The initial confidence boost from KeyBanc's raised target price based on growth prospects might have been overshadowed by other factors, influencing the shift in market sentiment towards a bearish trend.
• Although Trade Desk has shown long-term outperformance over the past 5 years, this may not have been sufficient to counter short-term concerns or profit-taking by investors, contributing to the observed bearish movement today.

09.07.2024 - TTD Stock was up 10.3%

• The Trade Desk (TTD) witnessed a significant bullish movement today.
• This positive trend is a result of the company's strong performance in Q2 and robust guidance for the current quarter, surpassing analyst expectations for both earnings per share (EPS) and revenue.
• Investors are showing optimism following Trade Desk's exceptional results, reflecting confidence in its performance and growth prospects.
• Despite an overall fragile market sentiment, Trade Desk's outstanding financial results have momentarily uplifted the market, driving the bullish movement in TTD stock.

05.07.2024 - TTD Stock was up 6.0%

• A leaked pitch showcasing the effectiveness of Olympic ad buys by The Trade Desk could have boosted investor confidence and attracted more buyers, leading to the bullish market movement.
• Despite underperforming the market slightly in the recent trading session, the overall positive sentiment around the company's advertising solutions and potential growth opportunities could have contributed to the bullish trend.
• Bullish views from Wall Street and the potential long-term growth prospects highlighted by investing guru Cathie Wood might have further fueled investor optimism, driving the stock price higher.
• Bearish moves by some financial giants on TTD options could have been outweighed by the positive news and outlook, resulting in the overall bullish movement of the stock.

09.07.2024 - TTD Stock was up 10.5%

• Strong second-quarter revenue and optimistic third-quarter guidance from The Trade Desk led to a notable increase in its stock price.
• The company's emphasis on expanding into Connected TV (CTV) and its overall growth trajectory resonated well with investors.
• Amid market volatility and uncertainty, TTD stock demonstrated resilience and investor confidence, outshining many other companies.
• The Trade Desk's impressive performance and ability to exceed expectations positioned it as a standout choice for investors, distinguishing itself from its market peers.

09.07.2024 - TTD Stock was up 10.0%

• TTD stock saw a noteworthy bullish movement today.
• This positive trend is linked to the company's strong Q2 earnings and robust guidance for the current quarter, which surpassed expectations.
• The impressive earnings, marked by higher revenue growth rates and outperforming both EPS and revenue projections, have likely enhanced investor confidence in the company's performance and future potential.
• Overall market sentiment towards TTD remains optimistic, indicating confidence in its ability to sustain strong financial performance and solidify its position in the digital advertising sector.