The Trade Desk stock trades at EUR 10.64 after a Q2 miss
Published on 09/30/2026 at 15:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
The Trade Desk stock (ISIN US88339J1051) was trading at EUR 10.64 at Lang & Schwarz on September 30, 2026 at 3:02 p.m. CEST, down 0.28 percent from the prior close of EUR 10.67. The subdued quote follows second-quarter revenue of USD 715.06 million, which increased 3.00 percent year over year but missed the USD 752.41 million consensus estimate, according to MarketBeat on September 8, 2026.
Revenue growth slows in Q2
The second-quarter report covered the period ended June 30, 2026. Reported EPS was USD 0.34 against a USD 0.40 consensus, while revenue exceeded the prior-year period by 3.00 percent, according to MarketBeat. The weaker earnings mix matters because the company generated GAAP net income of USD 64.4 million, a 9.00 percent margin versus 13.00 percent in the year-earlier quarter, as summarized in the September 4, 2026 filing report by StockTitan.
Cost cuts reshape the outlook
The Trade Desk announced a workforce reduction of 15.00 percent on September 4, 2026, with cash restructuring charges of USD 39 million to USD 51 million expected in the third quarter, according to StockTitan. The measure is intended to align resources with priority growth areas, but the charges add a near-term cost to a business already facing slower revenue expansion.
Analyst caution remains visible, although the targets are not uniformly moving lower. Guggenheim raised its target from USD 12.00 to USD 13.00 and kept a Neutral rating on September 18, 2026, citing cost management improvements, according to Investing.com. The target remains below the USD 14.26 reference price cited in that report, showing that the upgrade was limited to valuation rather than a bullish rating change.
Stock remains near its yearly low
The Trade Desk stock had a 52-week range of USD 11.85 to USD 56.39 as of September 29, 2026, while its market capitalization was USD 5.7 billion. At Lang & Schwarz, the September 30, 2026 quote of EUR 10.64 stood below the prior close of EUR 10.67, keeping the daily move neutral rather than signaling a confirmed breakout.
The Trade Desk stock at a glance
- Company: The Trade Desk, Inc.
- ISIN: US88339J1051
- Ticker: TTD
- Primary exchange: Nasdaq
- Price Lang & Schwarz as of September 30, 2026, 3:02 p.m. CEST: EUR 10.64
- Change versus prior close: minus 0.28 percent
- Prior close Lang & Schwarz (September 29, 2026): EUR 10.67
- Market capitalization: USD 5.7 billion (as of September 29, 2026)
- 52-week range: USD 11.85-USD 56.39 (as of September 29, 2026)
- Sector / Industry: Communication Services / Advertising Agencies
