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Added to YB: 2025-11-10

Pitch date: 2025-11-03

TTD [neutral]

The Trade Desk, Inc.

-24.24%

current return

Author Info

Consume Your Own Tech Investing covers the intersection between human psychology and investing. It is about managing an investment portfolio based on one's own 'personality tech' - how one is wired mentally, emotionally, and instinctively—to optimize coherence. Sign up for the newsletter.

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

Show full summary:
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)