$14.93. The Trade Desk (TTD) closed there on Monday, November 9, up $2.00, or 15.47%, from Friday's $12.93 close, then climbed about 20% further in late trading after third-quarter results beat forecasts, per Barron's.

The session gain was the stock's largest one-day percentage rise since March 5, more than five times the Nasdaq's 2.74% advance to 25,253.14 on the same day. The 15.47% jump came before the numbers, driven by anticipation ahead of the report and by co-founder Dave Pickles' return to a technology leadership role, per the Motley Fool. The print, out after the 4 p.m. Eastern close, supplied the second leg.

The timeline

November 3: The Trade Desk said co-founder Dave Pickles would return to lead a new CTO Council. Pickles left the CTO job in 2023; he co-founded the firm with chief executive Jeff Green in 2009 and built the adtech platform it still runs on, per the Motley Fool.

November 9, session: shares opened at $13.78, touched $15.29, and closed at $14.93, up 15.47% on the day, per Finnhub market data. The high sat 18% above Friday's close.

November 9, after the close: the three months to September 30 produced $736 million of revenue, 0.5% less than the $739 million a year earlier and the first year-over-year revenue decline since the 2016 listing, per ppc.land. Adjusted earnings were $0.33 a share against the $0.25 analysts expected, per FactSet figures cited by Barron's, and adjusted EBITDA of $266 million cleared the company's $160 million August guide. The board added $731 million to the buyback authorization, taking total repurchase capacity to $1 billion, with $269 million available at September 30, per TipRanks. Shares spiked about 20% in late trading, per Barron's, before paring part of the move.

November 10: the first verdict arrives in Tuesday's session, per Quantisnow, and October CPI lands at 8:30 a.m. Eastern, the first inflation print before the Fed's December 8-9 meeting.

The numbers behind the beat

Revenue of $736 million sat about $85 million, or 13%, above the $651 million consensus, per MarketFlux. The year-ago comparison reads differently: revenue fell 0.5%, net income fell to $38 million, down 67% on the $116 million of a year earlier, and adjusted earnings fell 27% to $0.33 from $0.45, per the Motley Fool. Chief executive Jeff Green called the quarter "meaningful progress," per the Motley Fool, and vowed to move faster on the repair job.

The fourth-quarter guide carries the same split: management put revenue at $755 million or more, with adjusted EBITDA at $280 million or more, both above the roughly $691 million and $197 million expected, per the Motley Fool. The same guide sits about 11% below the $846.8 million the company reported in the fourth quarter of 2025, with adjusted EBITDA down about 30% on the year, per the Motley Fool. Customer retention held above 95%, a streak running more than a decade, per TipRanks.

Levels frame the move. Monday's close sits 28% above the October 7 low of $11.62 and 69% below the 52-week high of $47.96, per Finnhub data, and $0.07 below the $15.00 analyst target TipRanks lists with a Hold rating. At about 15 times trailing earnings, per the Motley Fool, the multiple looks modest next to the adtech growth names it once kept pace with.

What to watch

  • Tuesday's session: whether the after-hours gain holds once regular trading resumes, with volume the tell after Monday's 4.8x average-volume day, per Quantisnow.
  • Whether the $755 million fourth-quarter revenue guide holds up against holiday advertising demand, and what management says about the Open Measurement launch later this quarter, per the Inference.

Key points

  • The Trade Desk closed at $14.93 on November 9, up 15.47%, its largest one-day gain since March 5, per Barron's.
  • The three months to September 30 produced $736 million of revenue, 0.5% less than a year earlier, above the roughly $651 million consensus.
  • Adjusted earnings were $0.33 a share versus $0.25 expected; net income fell to $38 million, down 67% on the $116 million of a year earlier.
  • The board added $731 million to the buyback, taking total capacity to $1 billion; the fourth-quarter guide puts revenue at $755 million or more.
  • Co-founder Dave Pickles returns to lead a new CTO Council; the stock remains 65% below its level a year ago.

MarketRadar take

Monday paired two signals: a leadership change investors read as a turn in the technology story, and an earnings print that beat a bar management had lowered in August. The beat was real, $85 million above consensus, and the buyback gives the stock a steady buyer. The guide is the check: $755 million for the fourth quarter still trails last year's $846.8 million by 11%. Tuesday's session, plus October CPI at 8:30 a.m. Eastern, decides whether the 15.47% move holds or fades.