The Trade Desk shares have fallen 23.5% in the past week, extending a steep 2026 selloff that has left the stock down 64.9% year to date. The decline follows second-quarter 2026 results in which revenue rose just 3% year over year to $715.1 million, missing the Zacks Consensus Estimate by 4.9%, while adjusted earnings fell 17.1% to 34 cents per share, below the 41-cent consensus. Management attributed the shortfall to macro pressure on large advertisers and execution gaps, even as Meta Platforms reported 27% advertising revenue growth and Alphabet reported 14% growth in the same quarter. Adjusted EBITDA declined 11% to $241.3 million, with margin contracting to 34% from 39%, and net income dropped 29% to $64.4 million. For the third quarter, Trade Desk expects revenue of at least $650 million and adjusted EBITDA of approximately $160 million, assuming no meaningful improvement in the macro environment.
Trade Desk IncQ2 earnings miss and weak guidance drive stock decline.
Alphabet Inc Class C
Meta Platforms Inc.