The Trade Desk Closes Up 15.5% Before Q3 Earnings Beat

The Trade Desk (TTD) shares gained 15.5% to close at $14.93 Monday, their largest daily increase since March 5, when they rose 18.4%. The stock later reached a gain of about 20% in late trading, then slipped 1.2% to $14.75 in Tuesday premarket trading.

The company’s third-quarter report showed adjusted earnings of 33 cents per share, above a 25-cent estimate. It set a fourth-quarter revenue floor of $755 million, compared with a $688 million consensus, and projected adjusted EBITDA of at least $280 million.

Jefferies raised its price target to $14 from $12, and Truist lifted its target to $17. Both firms maintained Hold ratings. Despite Monday’s gain, shares remained down 60.7% for 2026.