US Stock Market Move | Q1 revenue guidance lower than expected, The Trade Desk (TTD.US) plunges over 13%

On Thursday, The Trade Desk (TTD.US) opened trading with a sharp drop of over 13%, hitting a near-year low at $21.79 per share. On the news front, The Trade Desk reported a fourth-quarter profit that exceeded Wall Street's expectations, but forecasted that first-quarter revenue would be lower than expected, sending mixed signals about short-term advertising demand. The digital advertising platform reported an adjusted earnings per share of $0.59, higher than analyst expectations of $0.34. Revenue increased to $8.47 billion, surpassing the market's general expectation of $8.4122 billion. The company forecasts first-quarter revenue for 2026 to be $678 million, lower than the previous estimate of $688.4 million. The Trade Desk stated that despite macroeconomic uncertainties, they will maintain profitability and cash flow, expecting to generate $29 billion in revenue by 2025.