- Prev close
- $17.67
- Day range
- $12.83 – $14.57
- Next earnings
- in 88 days
2026-08-07's 21.9% drop looks stock-specific: the S&P 500 rose 0.6%, the Nasdaq 100 rose 1.2%, and ad-tech peers such as OMC +3.3%, MGNI +1.6%, NIQ +0.1%, and STGW +0.5% did not show comparable weakness. The move lands against intact growth and margins, but the target cut to $12 makes the setup worth watching.
TTD
TRADE DESK INC/THE -CLASS A
As of Aug 8, 2026
41/100
Deserves your attentionHealth ScorePrimary driver
The move is stock-specific, not market-wide or sector-wide: TTD fell -21.9% on 2026-08-07 while the S&P 500 rose 21.9% and the Nasdaq 100 rose 21.9%, and peers were positive with OMC +3.3%, MGNI +1.6%, NIQ +0.1%, and STGW +0.5%. That gap points to company-specific pressure, and the clearest named catalyst in the facts is Scotiabank lowering its price target from $20 to $12 while maintaining Sector Perform.
Volatility check
This is more than ordinary volatility because the session move was -21.9% against a broad tape that was up 21.9% and 1.2%, and a peer set that was also green. The fundamentals are not broken — revenue is +15.6% YoY (TTM), latest quarter revenue is +11.8% YoY, EPS is +8.5% YoY (TTM), gross margin is +77.8%, operating margin is +20.3%, and net margin is +14.6% — so the drop is not explained by obvious deterioration in the operating picture. But the valuation is not cheap either, with PE 15.0, forward PE 9.1, and PEG 1.82; a PEG of 1.82 — the P/E divided by the growth rate, so investors are paying 1.82× the growth rate — says growth is still priced in, which helps explain why the stock can re-rate sharply on a target cut. Beta is 0.99, so this size of move is not normal market-style volatility.
Earnings setup
The next earnings date is 2026-11-04. There is no analyst consensus revenue or EPS estimate in the facts, so I cannot state what the market expects on the report itself; the durable baseline is the current trend of revenue +15.6% YoY (TTM), latest quarter +11.8% YoY, EPS +8.5% YoY (TTM), with gross +77.8%, operating +20.3%, and net +14.6% margins. The facts do not give prior post-earnings reaction history, so that pattern cannot be assessed here. The market will be focused on whether the company can keep double-digit revenue growth near +11.8% YoY, whether margins hold near gross +77.8% and operating +20.3%, and whether management changes the growth outlook enough to justify the lower $12 target from Scotiabank.
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