The Trade Desk (TTD) Slid on an Earnings Miss
From Yahoo Finance: 2025-05-27 08:23:00
Baron Small Cap Fund’s first-quarter 2025 investor letter reported a 9.07% decrease in Institutional Shares, outperforming the Russell 2000 Growth Index’s -11.12%. Small-cap stocks underperformed larger caps, causing the fund to lag behind the Russell 3000 Index, which fell by 4.72%. Check the fund’s top five holdings for insights on its best picks in 2025.
The Trade Desk, Inc. (NASDAQ:TTD) was highlighted in Baron Small Cap Fund’s Q1 2025 letter. The technology company, headquartered in Ventura, California, saw a one-month return of 35.83% and a 22.02% decrease in share value over the past year. On May 23, 2025, TTD stock closed at $73.89 with a market cap of $36.312 billion.
Baron Small Cap Fund discussed The Trade Desk, Inc. (NASDAQ:TTD) in its Q1 2025 letter, praising the company’s leading internet advertising demand-side platform. Despite an earnings miss, Trade Desk remains strong in biddable Connected TV inventory and growth potential. The company has gained market share and has room for expansion in the CTV advertising market.
The Trade Desk, Inc. (NASDAQ:TTD) reported a revenue of $616 million in Q1 2025, a 25% increase from the previous year. While 61 hedge fund portfolios held TTD at the end of the quarter, Insider Monkey sees more promise in AI stocks for higher returns. AI stocks like NVIDIA offer potential for significant gains in a shorter timeframe.