Trade Desk Analysts Boost Their Forecasts After Strong Q3 Results

The Trade Desk Inc. (NASDAQ:TTD) posted better-than-expected third-quarter fiscal 2026 results after Monday’s closing bell.

The Trade Desk reported quarterly earnings of 33 cents per share, which beat the analyst estimate of 25 cents by 32%, per Benzinga Pro data. Quarterly revenue came in at $735.97 million, which beat the Street estimate of $650.29 million.

"Q3 represented meaningful progress, with results well ahead of our expectations entering the quarter, but we are still operating below the level of growth we expect from ourselves," said Jeff Green, CEO of The Trade Desk.

The Trade Desk expects fourth-quarter revenue to be at least $755 million, versus the $685.38 million analyst estimate.

Trade Desk shares dipped 6.6% to $13.95 in pre-market trading.

These analysts made changes to their price targets on Trade Desk following earnings announcement.

• Rosenblatt analyst Barton Crockett maintained the stock with a Neutral and raised the price target from $12 to $15.
• Susquehanna analyst Shyam Patil maintained the stock with a Neutral and raised the price target from $14 to $17.
• RBC Capital analyst Matthew Swanson maintained the stock with a Sector Perform and boosted the price target from $15 to $18.
• Guggenheim analyst Michael Morris maintained the stock with a Neutral and raised the price target from $13 to $16.

Considering buying TTD stock? Here’s what analysts think:

Photo via Shutterstock