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Ahead of its Q2 earnings report, The Trade Desk's shares are experiencing a decline.

ResultsRead the original at benzinga.com
Bad for TTD

Shares are retreating ahead of the earnings report, indicating potential volatility based on expected results.

TTD · The Trade Desk Inc.

AI read · Bad for TTD

The AI's read

TTD is sliding into Q2 earnings as traders trim exposure ahead of the print. Analysts expect $0.40 EPS on $751.39M revenue, barely above the company’s $750M guidance floor. Q1 showed revenue growth slowed to 12% from 25% year-over-year and adjusted EBITDA margin fell, so expectations are fragile. The stock is already down about 5.9% today and RSI is ~38, so some downside is priced in. Technicals are weak and the name sits near its 52-week low, limiting clear upside. We lean bearish because disappointing results would likely trigger further downside in a fragile setup.

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