Trade Desk Analysts Lower Their Forecasts Following Q4 Results

Core Insights - Trade Desk Inc. reported better-than-expected fourth-quarter earnings with earnings per share of 59 cents, surpassing the consensus estimate of 58 cents [1] - Quarterly sales reached $846.79 million, exceeding the Street estimate of $840.46 million and showing an increase from $741.01 million in the same period last year [1] - The company provided disappointing first-quarter revenue guidance, expecting more than $678 million compared to the analyst estimate of $689.48 million [2] Financial Performance - The reported quarterly earnings of 59 cents per share beat the consensus estimate [1] - Quarterly sales of $846.79 million were up from $741.01 million year-over-year [1] - The company achieved $2.9 billion in revenue in 2025 while maintaining significant profitability and cash flow [2] Market Reaction - Following the earnings announcement, Trade Desk shares fell 14.2% to $21.57 in pre-market trading [2] - Analysts adjusted their price targets for Trade Desk after the earnings report, with Loop Capital downgrading the stock from Buy to Hold and cutting the price target from $75 to $25 [3] - Rosenblatt maintained a Buy rating but lowered the price target from $53 to $36 [3]