Trade Desk Slumps 8% in Five Days, $1.6B Market Cap Wiped Out As Bearish Call Ends
TTD shares have slumped 8% over five trading days, wiping nearly $1.6 billion off its market capitalization to about $18 billion. An analyst has ended a bearish call on the ad-tech stock, which was the S&P 500’s worst performer of 2025, signaling potential stabilization after the selloff.
1. Stock Faces Five-Day Decline
Shares of The Trade Desk have fallen for five consecutive trading sessions, resulting in an 8% drop in value over that period. This downturn has erased approximately $1.6 billion from the company’s market capitalization, which now stands at roughly $18 billion. Trading volumes have trended above the 30-day average, indicating heightened investor activity, while options markets show elevated put buying, suggesting growing hedging interest ahead of the firm’s next earnings report.
2. Bearish Call Withdrawn by Leading Analyst
After deeming the ad-tech name a top S&P 500 laggard in 2025, a prominent Wall Street analyst has rescinded their bearish recommendation on The Trade Desk. Citing a valuation near multiyear lows relative to forward revenue estimates and stabilization in key operating metrics—such as a recent uptick in bid‐stream volume—the analyst upgraded the risk/reward profile from “overweight” to “neutral.” Their revised forecast projects mid-single-digit revenue growth for the upcoming quarter, compared with prior estimates below 2%, signaling potential downside protection for investors.