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Added to YB: 2024-02-16

Pitch date: 2024-02-16

TTD [bullish]

The Trade Desk, Inc.

-74.06%

current return

Author Info

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

$85.61

Price Target

N/A

Dividend

N/A

EV/EBITDA

11.81

P/E

23.64

EV/Sales

3.20

Sector

Media

Category

growth

Show full summary:
The Trade Desk - $TTD Earnings Review

TTD proves resilient w/ 27% YoY growth ex political spend & stable take rates. Surpassed EBITDA estimates, met GAAP EPS despite founder share impact. $1.4B cash, no debt, ongoing buybacks. Guidance suggests faster rev growth. Trades at 57x '24 EPS, 54x FCF. AI-driven Kokai platform shines. UID2 & Open Pass solve privacy challenges. Strength in CTV, audio, retail media. Robust ROAS, share gains, partnerships drive cyclical outperformance.

Read full article (7 min)