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Added to YB: 2024-06-17

Pitch date: 2024-06-17

TTD [bullish]

The Trade Desk, Inc.

-63.08%

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 offers a self-service cloud-based ad-buying platform that allows buyers to plan, manage, optimize, and measure data-driven digital advertising campaigns across various ad formats and channels, including video, display, audio, digital-out-of-home, native, and social on various devices, such as computers, mobile devices, televisions, and streaming devices.

Market Cap

$19.3B

Pitch Price

$98.02

Price Target

110.00 (+200%)

Dividend

N/A

EV/EBITDA

25.70

P/E

45.37

EV/Sales

6.54

Sector

Media

Category

growth

Show full summary:
Wedbush initiates coverage on $TTD

TTD: Expecting 20%+ sustainable growth driven by programmatic CTV shift, retail media expansion, and intl investments. Potential near-term upside from '24 political spend & new CTV deals. Estimate '24/'25 revs +1%/+3% vs consensus, see 22% 4yr CAGR. $110 PT w/ Outperform.

Read full article (1 min)