Trade Desk rises after upbeat fourth-quarter revenue forecast

The Trade Desk

07/11/2025 10:42

** Shares of ad-tech firm Trade Desk TTD.O rise 2.3% to $46.95 premarket after forecasting Q4 revenue above estimates

** TTD forecasts Q4 rev of at least $840 mln, compared to$830.2 mln average estimate, per LSEG data

** Co cites strong demand for its AI-powered Kokai platform and improving ad spend across verticals

** BTIG says Q4 guidance is "another step in the right direction," helped by growth in medical, auto, and tech verticals

** Co's Q3 earnings also beat analyst estimates

** Jefferies sees potential for 20%+ Q4 growth in upside scenario

** TTD operates as demand-side platform, helping brands optimize campaigns across ad exchanges and publishers

     ** Average rating of 40 analysts on the stocks is "buy"; median PT at $68 - data compiled by LSEG

** Stock down over 60% YTD, as of last close

 (Reporting by Tharuniyaa Lakshmi in Bengaluru)

 ((tharuniyaa@thomsonreuters.com))