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Added to YB: 2026-03-23

Pitch date: 2026-03-18

TTD [neutral]

The Trade Desk, Inc.

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

$11.2B

Pitch Price

N/A

Price Target

N/A

Dividend

N/A

EV/EBITDA

13.16

P/E

26.12

EV/Sales

3.56

Sector

Media

Category

turnaround

Show full summary:
The main reason for the recent sharp drop in TTD

TTD (update): Q4 rev $2.9B, non-GAAP net income $832M/EPS $1.77 strong, but Q1 guide $678M (+10% YoY) vs expected 20-25% growth caused sharp drop. Sales/GTM execution bottlenecks cited. Publicis accused TTD of MSA violations (improper pricing, forced Kokai subscriptions, opaque costs), advised clients to stop using platform. Publicis ~10% of TTD rev; Stifel/Rosenblatt downgraded. Trust crisis threatens transparency moat. CTV, Kokai AI, UID2 remain long-term drivers but agency conflict risk too high.

Read full article (5 min)