The Trade Desk surges to 208th in trading volume with $474 million but stock price falls for second day

On May 1, 2025, The Trade Desk (TTD) experienced a trading volume of $474 million, marking a 63.72% increase from the previous day. This surge placed TTD at the 208th position in terms of trading volume for the day. However, the stock price declined by 1.06%, marking the second consecutive day of losses, with a total decrease of 2.94% over the past two days.

The Trade Desk's stock has faced significant challenges in recent months, with a 65% decline over the past five months. This downturn has been attributed to broader economic pressures, despite the company's strong fundamental elements. The stock has underperformed the broader market, with a 4.74% depreciation over the past month.

Analysts have adjusted their price targets for TTD. Citigroup reduced its price objective from $70.00 to $63.00 while maintaining a "buy" rating. Similarly, Loop Capital lowered its target from $145.00 to $101.00, also with a "buy" rating. These adjustments reflect the current market sentiment and economic pressures affecting the stock.

The upcoming earnings report for The Trade Desk, scheduled for May 8, 2025, is anticipated to show a year-over-year decline in earnings despite higher revenues. Analysts expect an earnings per share (EPS) of $0.250. The market's reaction to these earnings will be crucial in determining the stock's future trajectory.

Despite the recent challenges, some analysts remain optimistic about The Trade Desk's long-term prospects. The stock's current level may present a buying opportunity, given the potential for short-term performance. However, the stock is currently in a falling trend, and investors should closely monitor the support and resistance levels to make informed decisions.