The Trade Desk Faces a Perfect Storm of Challenges

The final trading days of 2025 are delivering another punishing blow to The Trade Desk. The advertising technology firm is being officially removed from the prestigious Nasdaq-100 index today, compounding a year of severe losses for its shareholders. This technical selling pressure arrives alongside a new round of job cuts and increasingly cautious analyst commentary, leaving investors to wonder if the stock, down more than 70% year-to-date, can find any support.

Despite the overwhelmingly negative sentiment, the company’s most recent operational metrics provide some counterpoints for bulls. Third-quarter 2025 revenue reached $739 million, representing an 18% year-over-year increase. The business also maintains a robust adjusted EBITDA margin of approximately 43%, and customer retention remains above 95%. Furthermore, Read more...