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The Trade Desk beats Q3 revenue expectations despite slight yearly decline, sets $17 price target.

Company Fundamentals
10 Nov 2026, 19:14 WIB
Alex Lavoie
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Bullish
The Trade Desk beats Q3 revenue expectations despite slight yearly decline, sets $17 price target.

The Trade Desk reported Q3 2026 revenue of $736 million, slightly down 0.5% year-over-year but above its August forecast. The company benefited from political and health sector advertising demand and a one-time transaction that boosted revenue growth by about 3 percentage points. CEO Jeff Green highlighted that results exceeded expectations, though overall growth was below their goals. The Trade Desk is reorganizing its commercial operations and investing in AI and measurement to focus on key growth areas. Truist Financial set a $17 price target, about 14% above the current share price of $14.93.

Trade Desk Inc (TTD) shares trade at USD 14.99 on Pluang as of Nov 10, 2026 22:51 WIB, slightly up 0.40% for the day. The stock’s market cap stands at $7.06 billion with significant trading volume of 86,907,651 shares. This price is close to the Truist Financial $17 target mentioned in the news, reflecting steady investor interest and a typical hold time of 75 days on Pluang.

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