$TTD

Trade Desk (TTD) shares fell 76.3% in the year to October 13, 2026, while reporting slower revenue growth for four quarters. Management blamed economic conditions and execution issues. Q2 2026 revenue grew just 3.0% YoY, with Q3 guidance at $650M, implying a 12% YoY decline. Net margin decreased to 13.6% from 15.6% YoY, with adjusted EBITDA guided to $160M for Q3 2026. Revenue was $3.0B over the past year, up from $2.7B YoY, with net cash of $1.1B.

Unity Software (U) fell 10% despite Wedbush raising its price target, citing Vector's traction. Q2 revenue rose 23.9% to $546.47M, beating estimates. AppLovin (APP) and The Trade Desk (TTD) also declined 3% and 2%, respectively, reflecting ad-tech pressure. Unity's Q3 outlook targets $540M-$550M revenue and GAAP profitability.

UBS lowered its price target for Trade Desk (TTD) from $16 to $15 but maintained a buy rating. The company's stock has seen a 5-day change of 11.90 USD, a 1st Jan change of -2.18%, and a year-to-date change of -1.16%, with a significant decline of -68.52% over an unspecified period. The adjustments are based on various composite ratings including valuation, EPS revisions, and visibility.

UBS adjusted price targets for several tech and ad companies. META (-0.6%) faces retail bearish sentiment. TTD (+0.7%) sees reduced target due to Amazon competition. GOOGL (+1.3%) has neutral rating, 7% upside. WDAY (+0.5%) has lowered target amid growth uncertainty. BMBL (unchanged) gets higher target post-acquisition deal.

The Trade Desk (TTD) missed its Q2 2026 revenue guidance of $750M, reporting $715.06M, and shares fell 21.9%. The stock is down 68.2% YTD. Q3 guidance is set at $650M, with analysts expecting $651.44M. CFO Nate Olmstead noted limited visibility. CEO Jeff Green attributed Q2's 3% growth to macro pressures and execution issues. Analysts' mid-target price is ~$26, implying ~118% total return by 2030.

Apple removed The Trade Desk from iOS 27's block list, allowing it to serve ads again. The block list, part of WebKit, targets data brokers and ad tech vendors conducting cross-site tracking. Apple's actions may impact the broader ad tech ecosystem, with potential for further restrictions. The company's move is seen as separate from its own advertising ambitions.

The Trade Desk (TTD) offers a 15.0% free cash flow yield, higher than the S&P 500 median. Its stock has fallen 77% in a year, suggesting concerns about shrinking business. The company generated $0.8 billion in free cash flow, with revenue growth slowing to 3.0% in Q2 2026, down from 17.7% three quarters earlier. Management cited challenges from large brands and execution issues.

The Trade Desk (TTD) stock is down 68% year-to-date, with shares priced at $12.31. CEO Jeff Green attributed Q2 2026 revenue growth of 3% to macroeconomic pressures and execution issues. Q3 2026 revenue is guided to at least $650M. AppLovin (APP) and Magnite (MGNI) show different performance trends. The company is focusing investment on high-priority initiatives.

State Street Corp. reported owning 13.9M shares (3.3%) of The Trade Desk (TTD), with shared voting power over 12.8M shares. SSGA Funds Management reported owning 6.5M shares (1.5%), with shared voting power over 6.4M shares. Both filings were made under SEC Schedule 13G.

The Trade Desk (TTD) shares fell 11% in September. The company announced a 15% workforce reduction, with estimated charges of $39M-$51M. It was removed from the S&P 500 index. Rival Amazon (AMZN) partnered with OpenAI, and TTD faced issues serving ads to Apple's (AAPL) Safari browser.