These 10 Stocks Moved the Market This Week, Here’s Why

5. The Trade Desk, Inc. (NASDAQ:TTD)

The Trade Desk jumped by 31.34 percent week-on-week to end Friday’s trading at $71.04 versus the $54.09 a week earlier, following an impressive income performance that boosted analysts’ ratings for its stock.

According to The Trade Desk, Inc. (NASDAQ:TTD), net income jumped by 59 percent to $51 million from $32 million in the same period last year, as revenues grew by 25 percent to $616 million from $491 million year-on-year.

Additionally, it achieved a strong customer retention of over 95 percent during the period.

For the second quarter of the year, the company is targeting to book at least $682 million in revenues and adjusted EBITDA of approximately $259 million.

Following the results, three investment firms issued their stock ratings and price targets for The Trade Desk, Inc. (NASDAQ:TTD).

UBS and Stifel both maintained their “buy” recommendations on its stock, with price targets of $80 and $87, respectively.

Meanwhile, Benchmark reaffirmed its “hold” recommendation and cautious stance, saying that growth expectations for 2025 are not guaranteed.