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TTD
Benzinga
187 days

These Analysts Cut Their Forecasts On Trade Desk Following Weak Revenue

1. TTD reported Q4 earnings of 59 cents per share, beating estimates. 2. Revenue reached $741.01 million but missed $758.93 million consensus. 3. FY 2024 revenue grew 26% year over year to $2.4 billion. 4. Analysts downgraded price targets, impacting market sentiment toward TTD. 5. TTD expects Q1 revenue less than analyst predictions of $591.8 million.

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FAQ

Why Bearish?

Missed revenue expectations often leads to downward adjustments in stock price. Analyst downgrades reflect reduced confidence.

How important is it?

Quarterly results directly affect investor sentiment and future valuations. Sizable revenue misses signal potential operational issues.

Why Short Term?

Immediate sentiment should adjust based on Q4 results and analyst targets. Revenue forecasts impact short-term trading decisions.

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