Professional
Added to YB: 2025-05-09
Pitch date: 2025-03-31
TTD [neutral]
The Trade Desk, Inc.
-59.28%
current return
Author Info
No bio for this author
Company Info
The Trade Desk, Inc. operates as a technology company in the United States and internationally. The company creates, manages, and optimizes digital advertising campaigns across ad formats, channels and devices, including CTV and other video, display, audio, and native, on a multitude of devices, such televisions, streaming devices, mobile devices, computers and digital-out-of-home devices.
Market Cap
$10.1B
Pitch Price
$54.54
Price Target
N/A
Dividend
N/A
EV/EBITDA
11.81
P/E
23.64
EV/Sales
3.20
Sector
Media
Category
turnaround
Baron Opportunity Fund Portfolio Holding: The Trade Desk, Inc.
TTD (added to position): Shares fell after first earnings miss in 33 quarters & slower guidance. Despite concerns over Kokai platform delays, Amazon competition & macro headwinds, research confirms: 1) Kokai now at 90% adoption 2) Enterprise sales pivot showing results 3) Independence remains key advantage vs vertically-integrated competitors. Added to position on compelling CTV growth opportunity.
Read full article (2 min)