Trade Desk, Inc. (TTD) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does Trade Desk, Inc. Do?
Trade Desk, Inc. operates as a technology company in the United States and internationally. The company operates a self-service cloud-based platform that allows buyers to create, manage, and optimize data-driven digital advertising campaigns across various ad formats and channels, including display, video, audio, native, and social on various devices, such as computers, mobile devices, and connected TV. It also provides data and other value-added services. The company serves advertising agencies and other service providers for advertisers. The Trade Desk, Inc. was incorporated in 2009 and is headquartered in Ventura, California. Trade Desk, Inc. (TTD) is classified as a large-cap stock in the Technology sector, specifically within the Computer Software industry. The company is led by CEO Jeffrey T. Green and employs approximately 2,770 people, headquartered in VENTURA, California. With a market capitalization of $10.5B, TTD is one of the prominent companies in the Technology sector.
Trade Desk, Inc. (TTD) Stock Rating — Reduce (April 2026)
As of April 2026, Trade Desk, Inc. receives a Reduce rating with a composite score of 37.4/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.TTD ranks #3,226 out of 4,446 stocks in our coverage universe. Within the Technology sector, Trade Desk, Inc. ranks #377 of 584 stocks, placing it in the lower half of its Technology peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
TTD Stock Price and 52-Week Range
Trade Desk, Inc. (TTD) currently trades at $20.15. The stock lost $0.46 (2.2%) in the most recent trading session. The 52-week high for TTD is $91.45, which means the stock is currently trading -78.0% from its annual peak. The 52-week low is $23.00, putting the stock -12.4% above its annual trough. Recent trading volume was 12.8M shares, indicating strong institutional interest and high liquidity.
Is TTD Overvalued or Undervalued? — Valuation Analysis
Trade Desk, Inc. (TTD) carries a value factor score of 62/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 28.11x, compared to the Technology sector average of 45.27x — a discount of 38%. The price-to-book ratio stands at 3.97x, versus the sector average of 3.16x. The price-to-sales ratio is 3.68x, compared to 1.06x for the average Technology stock. On an enterprise value basis, TTD trades at 22.35x EV/EBITDA, versus 12.79x for the sector.
Overall, TTD's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
Trade Desk, Inc. Profitability — ROE, Margins, and Quality Score
Trade Desk, Inc. (TTD) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 14.1%, compared to the Technology sector average of -1.4%, which is within a healthy range. Return on assets (ROA) comes in at 5.7% versus the sector average of -1.0%.
On a margin basis, Trade Desk, Inc. reports gross margins of 78.4%, compared to 50.9% for the sector. The operating margin is 16.2% (sector: -0.5%). Net profit margin stands at 13.0%, versus -1.5% for the average Technology stock. Revenue growth is running at 26.5% on a trailing basis, compared to 14.2% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.
TTD Debt, Balance Sheet, and Financial Health
Trade Desk, Inc. has a debt-to-equity ratio of 148.0%, compared to the Technology sector average of 43.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. The current ratio is 1.61x, suggesting adequate working capital coverage. Total debt on the balance sheet is $0. Cash and equivalents stand at $653M.
TTD has a beta of 1.53, meaning it is more volatile than the broader market — a $10,000 investment in TTD would be expected to move 52.6% more than the S&P 500 on any given day. The stability factor score for Trade Desk, Inc. is 25/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.
Trade Desk, Inc. Revenue and Earnings History — Quarterly Trend
In TTM 2026, Trade Desk, Inc. reported revenue of $2.68B and earnings per share (EPS) of $0.91. Net income for the quarter was $351M. Gross margin was 78.4%. Operating income came in at $441M.
In FY 2025, Trade Desk, Inc. reported revenue of $2.90B and earnings per share (EPS) of $0.91. Net income for the quarter was $443M. Gross margin was 78.6%. Revenue grew 18.5% year-over-year compared to FY 2024. Operating income came in at $589M.
In Q3 2025, Trade Desk, Inc. reported revenue of $739M and earnings per share (EPS) of $0.24. Net income for the quarter was $116M. Gross margin was 78.1%. Revenue grew 17.7% year-over-year compared to Q3 2024. Operating income came in at $161M.
In Q2 2025, Trade Desk, Inc. reported revenue of $694M and earnings per share (EPS) of $0.18. Net income for the quarter was $90M. Gross margin was 78.3%. Revenue grew 18.7% year-over-year compared to Q2 2024. Operating income came in at $117M.
Over the past 8 quarters, Trade Desk, Inc. has demonstrated a growth trajectory, with revenue expanding from $585M to $2.68B. Investors analyzing TTD stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
TTD Dividend Yield and Income Analysis
Trade Desk, Inc. (TTD) does not currently pay a dividend. This is common among growth-oriented companies in the Computer Software industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Technology dividend stocks may want to explore other Technology stocks or use the stock screener to filter by dividend yield.
TTD Momentum and Technical Analysis Profile
Trade Desk, Inc. (TTD) has a momentum factor score of 14/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 25/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 47/100 reflects moderate short selling activity.
TTD vs Competitors — Technology Sector Ranking and Peer Comparison
Within the Technology sector, Trade Desk, Inc. (TTD) ranks #377 out of 584 stocks based on the Blank Capital composite score. This places TTD in the lower half of all Technology stocks in our coverage universe. Key competitors and sector peers include IHS Holding Ltd (IHS) with a score of 55.0/100, VERISIGN INC/CA (VRSN) with a score of 56.0/100, ESCO TECHNOLOGIES INC (ESE) with a score of 51.7/100, CareCloud, Inc. (CCLD) with a score of 46.9/100, and MMTec, Inc. (MTC) with a score of 47.4/100.
Comparing TTD against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full TTD vs S&P 500 (SPY) comparison to assess how Trade Desk, Inc. stacks up against the broader market across all factor dimensions.
TTD Next Earnings Date
No upcoming earnings date has been announced for Trade Desk, Inc. (TTD) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy TTD? — Investment Thesis Summary
The quantitative profile for Trade Desk, Inc. suggests caution. The value score of 62/100 suggests attractive pricing relative to fundamentals. Momentum is weak at 14/100, a headwind for near-term performance. High volatility (stability score 25/100) increases portfolio risk.
In summary, Trade Desk, Inc. (TTD) earns a Reduce rating with a composite score of 37.4/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on TTD stock.
Related Resources for TTD Investors
Explore more research and tools: TTD vs S&P 500 comparison, top Technology stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare TTD head-to-head with peers: TTD vs IHS, TTD vs VRSN, TTD vs ESE.