Trade Desk (TTD) Down More Than 14% Since Q3 Earnings, Here’s Why

The Trade Desk, Inc. (NASDAQ:TTD) is one of the Under-the-Radar Stocks to Buy with Massive Upside Heading into 2026. The Trade Desk, Inc. (NASDAQ:TTD) has fallen more than 14% since its fiscal Q3 2025 results were announced on November 6. The share price decline comes despite the company’s expectations being beaten during the quarter. Wall Street has had a mixed opinion on the stock ever since.

​On November 10, Tom White from D.A. Davidson reiterated a Buy rating on the stock, but lowered the price target from $80 to $54. Earlier on November 7, Truist Securities had also maintained a Buy rating on The Trade Desk, Inc. (NASDAQ:TTD) but lowered the price target from $100 to $85.

​During fiscal Q3 2025, the company grew its revenue by 17.74% year-over-year to $739.43 million, surpassing estimates by $20.09 million. The EPS of $0.45 also topped estimates by $0.01. The stock continues to fall despite this earnings beat, mainly due to concerns regarding slowing growth, as third-quarter year-over-year revenue growth was lower than the growth in the previous two quarters.

​Analysts at Truist noted the company’s fundamentals remain intact, driven by the increased momentum in the adoption of the Kokai platform. Truist acknowledged that the company has underperformed its peers in a year-to-date comparison due to concerns regarding slowing growth rates. However, the firm believes the issues to be overblown as it continues to believe in The Trade Desk, Inc.’s (NASDAQ:TTD) completing its value proposition.

​The Trade Desk, Inc. (NASDAQ:TTD) is a global advertising technology company that offers a self-service, cloud-based platform for ad buyers to plan, manage, optimize, and measure data-driven digital advertising campaigns.

While we acknowledge the potential of TTD to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TTD and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.