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Added to YB: 2024-02-20

Pitch date: 2023-12-31

TTD [bullish]

The Trade Desk, Inc.

-69%

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 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

$71.65

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:
Baron Opportunity Fund Portfolio Holding - The Trade Desk Inc.

TTD: Added on Q3 selloff despite 25% YoY sales growth (27% ex-political). Mgmt cautious Q4 guide on ad spend cuts post 10/7 Israel events, but bullish on streaming video ads, shopper marketing, & 2024. Confident in biz fundamentals, mgmt & long-term outlook.

Read full article (1 min)