TLDR:
- TTD sinks to $34.03 as early stability snaps and selling pressure builds fast.
- TTD names Tahnil Davis interim CFO and starts a search for a permanent lead.
- TTD reaffirms Q4 revenue of $840M+ and adjusted EBITDA near $375M.
- TTD sets Feb. 25 earnings release after the close, with a 2 p.m. PT call.
The Trade Desk (TTD) slid to about $34.03 and traded down 6.89% by early afternoon, after a sharp intraday breakdown. The stock held near $36.3–$36.6 early, yet sellers drove a fast drop that reset the range. The Trade Desk named an interim CFO and kept its Feb. 25 earnings date in place.
Selling Pressure Builds After The Early Range Break
TTD moved sideways through the morning, and it stayed pinned near the day’s ceiling around $36.5. However, the price then broke lower in one decisive leg, and selling accelerated immediately. As a result, the session shifted from stable trading to a clear downside trend.
After the drop, TTD traded in a choppy band near $35.0, and volatility stayed elevated. Buyers tried to lift the stock, but rebounds weakened quickly and failed to hold. Consequently, TTD printed lower lows and kept downward pressure in control.
TTD hovered near $34.0, and that area became the nearest support level on the day. Overhead, $35.0 stood as the first resistance because price repeatedly stalled there. In addition, $36.5 remained the larger ceiling tied to the earlier plateau.
Interim CFO Change Keeps Finance Leadership In Place
The Trade Desk appointed Tahnil Davis as interim chief financial officer, effective Jan. 24. Davis serves as chief accounting officer and has worked at the company for nearly 11 years. She replaced Alex Kayyal and now reports to CEO and co-founder Jeff Green.
The company described Davis as experienced across domestic and international finance operations. It also credited her with helping build the company’s financial and operational infrastructure. Moreover, it said she supported governance work as the business scaled.
The Trade Desk operates a self-service, cloud-based platform for digital advertising buyers. It connects buyers with data, inventory, and publisher partners to widen reach and improve decisioning. It runs offices across North America, Europe, and Asia Pacific, and it bases headquarters in Ventura.
Q4 Targets Hold As Feb. 25 Catalyst Nears
The Trade Desk reaffirmed its fourth-quarter 2025 guidance that it issued on Nov. 6, 2025. It expects revenue of at least $840 million and adjusted EBITDA of about $375 million. The company said it continues to finalize results for the quarter and full year ended Dec. 31, 2025.
The company did not issue GAAP net income guidance alongside adjusted EBITDA. It pointed to variability from stock-based compensation, tax-related items, and other non-recurring charges. Therefore, it said a forward reconciliation would require unreasonable efforts.
The Trade Desk plans to report fourth-quarter and fiscal-year 2025 results after the market closes on Feb. 25, 2026. It will host a webcast and conference call at 2:00 p.m. Pacific time and provide replay access afterward. Until then, price levels near $34, $35, and $36.5 define the next technical checkpoints.


