The Trade Desk Inc. (TTD) — RQD Stock Rating Cockpit

Per the Roarable RQD rating, TTD scores 64 out of 100, a letter grade of C, with the verdict "Roarable Hold — Fair / Balanced Risk-Reward." The Fundamental Cash Engine pillar scores 14 of 20, supported by ROIC of 13.8% and an FCF yield of 12.89%. The Whale 13F Flow pillar scores 8 of 20, reflecting institutional accumulation and options positioning that the rating treats as weak. The Insider Conviction pillar scores 18 of 20, the strongest pillar, driven by SEC Form 4 and Congressional PTR cluster flow. The Macro Regime Fit pillar scores 10 of 20, consistent with a Beta of 1.22 and the sector sensitivity the rating assigns. The Forensic Balance Sheet pillar scores 14 of 20, supported by Altman Z 2.05, Piotroski F 9/9, and Debt/Equity 0.62.

For a prospective investor evaluating the stock today, the upside drivers the rating points to are the high free-cash-flow yield, strong insider cluster activity, and a clean forensic balance sheet. The valuation tradeoff is that the current price of 13.06 sits far below the 52-week high of $50.06, and the rating's middling institutional-flow and macro-fit scores indicate the market has not yet re-rated the shares. The overall grade reflects a balanced profile rather than a clear directional signal, so the rating itself does not argue for either urgency or avoidance.

The Trade Desk Inc. (TTD) is a NASDAQ-listed issuer in the Technology sector, operating in the Computer Software: Programming Data Processing industry. Per the company profile, it carries a market capitalization of $6.2B. Beyond sector and industry classification, the source data does not describe the company's specific products, customers, or revenue model.

Per the SEC financials, revenue grew from $1946.1M in FY 2023 to $2896.3M in FY 2025, and net income rose from $178.9M to $443.3M over the same span. Per the market data, gross margin is 78.6%, operating margin 20.3%, and net margin 15.3%, with ROIC of 13.8%. The Roarable RQD rating reports an Altman Z-Score of 2.05 and a Piotroski F-Score of 9/9, with Debt/Equity of 0.62. Cash declined from $1369.5M in FY 2024 to $658.2M in FY 2025 while debt rose from $1423.3M to $1651.0M, a shift the source data does not explain.

The news wire contains six items, all tagged to TTD. The highest-severity item is a RED "RISK WATCH" headline stating the stock has fallen 77% while the market rose, questioning whether 14 times earnings is sufficient. Two YELLOW "MARKET WIRE" items reference a 68% decline this year and a September tumble, both framing the stock as weak. One YELLOW item covers the market dipping while TTD gained. Two GREEN "CATALYST" items cover a one-day gain and a long-run comparison to the first trading day. The Butterfly Supply-Chain Graph reports no supply-chain links and no proprietary signals, so no butterfly-derived catalyst is available. Net, the news flow is predominantly risk-framed, with the positive items being price-action observations rather than fundamental catalysts.

Per the Butterfly Supply-Chain Graph, the supply chain is listed as NONE, with an empty set of butterfly links and proprietary signals. Upstream and downstream dependencies, sector correlations, and second-order bottlenecks are therefore not available in source data. The only sector context provided is the Technology sector and Computer Software: Programming Data Processing industry classification.

• What drove the shift from $1369.5M cash in FY 2024 to $658.2M in FY 2025 alongside debt rising to $1651.0M, and how does the company intend to manage that balance sheet?
• Why are EPS figures reported as N/A across all three periods when net income and the trailing EPS of 0.94 are available?
• What is the composition of the insider and Congressional trades underlying the 18 of 20 Insider Conviction pillar score?
• What specific business drivers and competitive dynamics explain the 77% and 68% declines referenced in the news wire?
• What is the FY 2023 cash balance, which is missing from the source financials?