The Trade Desk’s Stock Performance Overview
The Trade Desk (NASDAQ: TTD) has seen its stock price decline nearly 80% from its all-time high, despite recording an astonishing 4,500% increase at its peak. As of now, it is trading at a multiple of less than 15 times forward earnings, which suggests it could be undervalued despite current market conditions.
In Q3, The Trade Desk’s revenue growth rate dropped to its lowest level outside of a COVID-affected quarter, but it still achieved 18% growth. Wall Street anticipates further growth of 16% in 2026, even as competition rises, particularly from Amazon, which has begun to capture client ad placements directly.
