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Added to YB: 2024-02-20

Pitch date: 2023-12-31

TTD [bullish]

The Trade Desk, Inc.

-48.85%

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 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

$71.65

Price Target

N/A

Dividend

N/A

EV/EBITDA

25.70

P/E

45.37

EV/Sales

6.54

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)