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Added to YB: 2024-06-17

Pitch date: 2024-06-17

TTD [bullish]

The Trade Desk, Inc.

-77.34%

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

$98.02

Price Target

110.00 (+395%)

Dividend

N/A

EV/EBITDA

11.81

P/E

23.64

EV/Sales

3.20

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)