Why The Trade Desk (TTD) Stock Is Down Today

The Trade Desk (TTD) is down 5.9% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely reason for today’s drop is a mix of cautious positioning ahead of second-quarter results due after the market close on August 6, 2026 and lingering pressure from recent analyst downgrades tied to slower growth expectations. This could also reflect investor concern that earlier guidance and recent channel checks point to continued market-share and pricing friction.

Details:

The company said it plans to release second-quarter 2026 financial results after the market close on August 6, 2026, which often leads to risk-off trading before the announcement.

In first-quarter 2026 results, The Trade Desk guided for second-quarter revenue of at least $750 million and adjusted EBITDA of about $260 million, a setup that investors viewed as softer than hoped.

Recent Wall Street downgrades have centered on expectations for only single-digit second-quarter revenue growth, with concerns around decelerating momentum.

Some analysts have also flagged possible market-share losses and tougher customer discussions around Kokai pricing, adding to worries about the company’s near-term outlook.

Sources:

The Trade Desk Investor Relations, SEC, Investing.com

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$TTD Insider Trading Activity

$TTD insiders have traded $TTD stock on the open market 7 times in the past 6 months. Of those trades, 4 have been purchases and 3 have been sales.

Here’s a breakdown of recent trading of $TTD stock by insiders over the last 6 months:

JEFFREY TERRY GREEN (President and CEO) has made 4 purchases buying 6,000,000 shares for an estimated $148,101,266 and 0 sales.
KATHRYN E FALBERG has made 0 purchases and 2 sales selling 152,828 shares for an estimated $4,655,112.
SAMANTHA JACOBSON sold 53,681 shares for an estimated $1,134,816

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$TTD Hedge Fund Activity

We have seen 322 institutional investors add shares of $TTD stock to their portfolio, and 565 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

BAILLIE GIFFORD & CO removed 22,305,995 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $403,292,389
STATE STREET CORP added 13,886,545 shares (+44.7%) to their portfolio in Q1 2026, for an estimated $318,487,909
TWO SIGMA INVESTMENTS, LP added 8,117,186 shares (+134.3%) to their portfolio in Q1 2026, for an estimated $186,167,660
ALYESKA INVESTMENT GROUP, L.P. added 5,590,538 shares (+14590.2%) to their portfolio in Q1 2026, for an estimated $128,218,989
WORLDQUANT MILLENNIUM ADVISORS LLC added 3,640,456 shares (+177.2%) to their portfolio in Q1 2026, for an estimated $83,493,858
GOLDMAN SACHS GROUP INC added 3,068,519 shares (+54.2%) to their portfolio in Q1 2026, for an estimated $70,376,483
FEDERATED HERMES, INC. added 2,917,588 shares (+61.9%) to their portfolio in Q1 2026, for an estimated $66,914,880

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$TTD Congressional Stock Trading

Members of Congress have traded $TTD stock 9 times in the past 6 months. Of those trades, 4 have been purchases and 5 have been sales.

Here’s a breakdown of recent trading of $TTD stock by members of Congress over the last 6 months:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 5 times. They made 2 purchases worth up to $30,000 on 05/15, 03/13 and 3 sales worth up to $45,000 on 06/16, 04/14, 02/10.
REPRESENTATIVE BYRON DONALDS has traded it 4 times. They made 2 purchases worth up to $30,000 on 02/10 and 2 sales worth up to $30,000 on 03/20.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$TTD Analyst Ratings

Wall Street analysts have issued reports on $TTD in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Needham issued a "Buy" rating on 05/08/2026

To track analyst ratings and price targets for $TTD, check out Quiver Quantitative's $TTD forecast page.

$TTD Price Targets

Multiple analysts have issued price targets for $TTD recently. We have seen 21 analysts offer price targets for $TTD in the last 6 months, with a median target of $28.0.

Here are some recent targets:

Mohammed Khallouf from HSBC set a target price of $20.0 on 07/08/2026
Bianca Dallal from Rothschild & Co set a target price of $11.0 on 05/28/2026
Tom White from DA Davidson set a target price of $29.0 on 05/11/2026
Mark Zgutowicz from Benchmark set a target price of $30.0 on 05/08/2026
Youssef Squali from Truist Securities set a target price of $35.0 on 05/08/2026
Matthew Swanson from RBC Capital set a target price of $33.0 on 05/08/2026
Michael Morris from Guggenheim set a target price of $25.0 on 05/08/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.