Added to YB: 2024-06-17
Pitch date: 2024-06-17
TTD [bullish]
The Trade Desk, Inc.
-63.08%
current return
Author Info
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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
$98.02
Price Target
110.00 (+200%)
Dividend
N/A
EV/EBITDA
25.70
P/E
45.37
EV/Sales
6.54
Sector
Media
Category
growth
Wedbush initiates coverage on $TTD
TTD: Expecting 20%+ sustainable growth driven by programmatic CTV shift, retail media expansion, and intl investments. Potential near-term upside from '24 political spend & new CTV deals. Estimate '24/'25 revs +1%/+3% vs consensus, see 22% 4yr CAGR. $110 PT w/ Outperform.
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