Key Takeaways TTD's shares fell 68% in a year, lagging strong gains in the Internet Services industry and broader market.TTD boosts AI platforms like Kokai and expands tools such as OpenPath to widen its moat.TTD holds $1.4B cash, no debt, approved$500M buybacks and sees Q4 2025 revenues of at least $840M.The Trade Desk ((TTD) stock has been a laggard performer in the digital ad space. It has seen a sharp 68.1% decline over the past year, an uncomfortable drawdown for a company viewed as one of ad tech’s l ...