Professional
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
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.
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