The Trade Desk, Inc. (TTD), with a $19.4 billion market cap, is a leading global technology company specializing in programmatic advertising. The California-based company offers a powerful, cloud-based demand-side platform (DSP) that allows advertisers and agencies to buy digital ad inventory across channels such as connected TV (CTV), mobile, audio, display, and social.
Shares of TTD have considerably underperformed the broader market over the past year. TTD has declined 65.5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 12.3%. In 2025, TTD’s stock plummeted 47%, compared to the SPX’s 12.5% rise on a YTD basis.
