The Trade Desk (XTER:TT8) Shares Outstanding (Basic Average): 475 Mil (As of Mar. 2026)


XTER:TT8 The Trade Desk Inc XTER:TT8
78 GF Score
Price €15.83
GF Value €111.66
Valuation Significantly Undervalued
! 2 Warning Signs
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What is The Trade Desk Shares Outstanding (Basic Average)?

The Trade Desk XTER:TT8 +1.34% 78 Shares Outstanding (Basic Average) is 475 Mil as of Mar. 2026. GuruFocus rates XTER:TT8 with a GF Score™ of 78/100 and a GF Value™ of €111.66 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. The Trade Desk's average basic shares outstanding for the quarter that ended in Mar. 2026 was 475 Mil.

The Trade Desk  (XTER:TT8) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.

The Trade Desk Shares Outstanding (Basic Average) Related Terms

The Trade Desk Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for The Trade Desk's Shares Outstanding (Basic Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The Trade Desk Shares Outstanding (Basic Average) Chart

The Trade Desk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 476.85 486.94 489.26 490.88 488.28

The Trade Desk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 494.93 490.63 487.73 479.91 474.66
XTER:TT8
78GF Score
The Trade Desk Inc XTER:TT8
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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The Trade Desk Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 475 Mil mean?
The Trade Desk (XTER:TT8) has a Shares Outstanding (Basic Average) of 475 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on The Trade Desk and its competitors.
Is The Trade Desk's Shares Outstanding (Basic Average) too high?
The Trade Desk's current Shares Outstanding (Basic Average) is 475 Mil. Overall, The Trade Desk has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Trade Desk's Shares Outstanding (Basic Average) compare to MGNI and STGW?
The Trade Desk's Shares Outstanding (Basic Average) of 475 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a Media - Diversified company?
A good Shares Outstanding (Basic Average) depends on the Media - Diversified industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on The Trade Desk and its competitors. The Trade Desk's current Shares Outstanding (Basic Average) is 475 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Trade Desk stock overvalued right now?
Based on GuruFocus' analysis, The Trade Desk (XTER:TT8) is currently considered Significantly Undervalued. The stock's GF Value™ is €111.66, compared to a current price of €15.83 — trading 85.8% below its estimated fair value. The current Shares Outstanding (Basic Average) is 475 Mil. The Trade Desk's overall GF Score™ is 78/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For The Trade Desk (XTER:TT8), the current Shares Outstanding (Basic Average) is 475 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is The Trade Desk (XTER:TT8) Overvalued in 2026?

Based on GuruFocus' analysis, The Trade Desk stock appears to be undervalued. The current stock price of €15.83 is trading 85.8% below its estimated GF Value™ of €111.66. GuruFocus considers The Trade Desk to be Significantly Undervalued.

Key valuation signals for XTER:TT8:

  • Shares Outstanding (Basic Average): 475 Mil
  • GF Value™: €111.66 vs. price of €15.83 (85.8% below fair value)
  • GF Score™: 78/100 with 2 warning signs

No single metric tells the full story. See the XTER:TT8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

The Trade Desk Business Description

Address 42 North Chestnut Street, Ventura, CA, USA, 93001
The Trade Desk provides a self-service platform that helps advertisers and ad agencies programmatically find and purchase digital ad inventory (display, video, audio, and social) on devices like computers, smartphones, and connected TVs. The firm's platform is referred to as a DSP in the digital ad industry, and it generates revenue from fees based on a percentage of what its clients spend on advertising, sometimes referred to as a "take rate."
78GF Score

Get the complete analysis for XTER:TT8

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€15.83
Price
€111.66
GF Value