Added to YB: 2025-11-10
Pitch date: 2025-11-03
TTD [neutral]
The Trade Desk, Inc.
-24.24%
current return
Author Info
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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
$48.38
Price Target
N/A
Dividend
N/A
EV/EBITDA
25.70
P/E
45.37
EV/Sales
6.54
Sector
Media
Category
N/A
The Trade Desk’s Existential Crossroads
TTD sold position: Premium ad-tech DSP facing structural headwinds as growth slowed from 25-30% to mid-teens despite AI platform Kokai. Revenue +19% YOY Q2, Q3 guide +14% vs expectations. Stock fell $90s to $50s post-earnings. Still trades 10x EV/Sales, 40x EV/EBITDA. Losing 'neutrality' edge to AMZN/GOOG vertical integration. Great operator but re-rating from hypergrowth to mature reflects category evolution.
Read full article (3 min)