11:02 AM EDT, 05/04/2026 (MT Newswires) -- Trade Desk (TTD) is expected to report Q1 revenue growth of 10% to $678 million, in-line with consensus of $679 million, along with earnings per share of $0.33 versus consensus of $0.32, when the company reports its quarterly results on Thursday, Wedbush said in a Monday note.

The company's Q1 gross margin is expected to shrink by 100 basis points to 76%, following contractions throughout 2025, as Trade Desk invests in infrastructure to support increasing media impressions and new technology, Wedbush said.

For Q2, the company is expected to guide in line with consensus of $773 million in revenue and $294 of million in earnings before interest, taxes, depreciation and amortization, the firm said. Any near-term headwind from the Publicis audit failure in mid-March is expected to be masked by Connected TV ad growth driven by the FIFA World Cup, according to the note.

Wedbush further said that the heightened competitive landscape and narrative pressure surrounding Trade Desk should be offset by spending tailwinds from FIFA World Cup in Q2-Q3 and political spending in the back-half.

Wedbush upgraded its rating on the company's stock to neutral from underperform and maintained its $23 price target.

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