Laura Martin Maintains Buy Rating on Trade Desk Despite Slower Growth, Citing Strong Earnings and Long-Term Potential

Needham analyst Laura Martin has maintained their bullish stance on TTD stock, giving a Buy rating today.

Laura Martin’s rating is based on the Trade Desk’s financial performance and future potential. Despite the company’s reported revenue growth of 19% year-over-year for the second quarter of 2025, which was slightly above expectations, the growth rate was the slowest since the COVID-19 pandemic. However, the adjusted EBITDA and EPS figures also exceeded estimates, indicating strong operational efficiency.
Laura Martin acknowledges the market’s reaction to the slower growth rate, as the stock was indicated down approximately 30%. Nevertheless, she maintains a Buy rating, suggesting confidence in the company’s ability to navigate current challenges and deliver long-term value. The combination of exceeding earnings expectations and the potential for future growth underpins her positive outlook on the stock.