The Trade Desk Surges to 10th Most Actively Traded Stock with $353.9 Million Turnover

The Trade Desk (TTD) experienced a significant surge in trading volume on May 9, 2025, with a turnover of $353.9 million, marking an 117.98% increase from the previous day. This substantial rise in trading activity positioned The Trade Desk as the 10th most actively traded stock for the day. The stock price of The Trade Desk also saw a notable increase, rising by 18.60% over the past six days, with a cumulative gain of 33.89% during this period.

The Trade Desk's recent financial performance has been a key driver of its stock price movement. The company reported strong first-quarter results for 2025, with revenue growing by 25% year over year to $616 million. This performance exceeded market expectations, which had anticipated revenue of $575.3 million. The company's adjusted earnings per share (EPS) for the quarter were $0.33, representing a 27% increase from the previous year and surpassing analyst estimates of $0.25 per share.

The Trade Desk's success can be attributed to the increased adoption of its AI-infused Kokai platform, which offers enhanced decision-making and ad campaign measurement tools. The platform's ability to process over 13 million advertising impressions per second has been instrumental in driving the company's growth. Despite facing logistical challenges in transitioning customers from its legacy Solimar platform to Kokai, The Trade Desk has implemented strategic upgrades to improve its operational efficiency and capture emerging opportunities in connected TV (CTV), retail media, and audio.

The company's strong customer retention, which has remained above 95% for 11 consecutive years, further underscores its competitive advantage. The Trade Desk's management has expressed optimism about the company's future prospects, guiding for second-quarter revenue of at least $682 million, which would represent a 17% year-over-year growth. The company's stock is currently trading at a forward earnings multiple of 34, which, while a premium, is significantly lower than its historical average of 55. This suggests that the stock may be undervalued, given its strong financial performance and growth prospects.