Professional
Added to YB: 2025-05-09
Pitch date: 2025-03-31
TTD [neutral]
The Trade Desk, Inc.
-32.8%
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
$54.54
Price Target
N/A
Dividend
N/A
EV/EBITDA
25.70
P/E
45.37
EV/Sales
6.54
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.
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