S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?

Trade Desk (TTD) Stock Price, News & Analysis

$78.35
+1.63 (+2.12%)
(As of 03/18/2024 ET)
Today's Range
$77.02
$79.02
50-Day Range
$63.76
$88.93
52-Week Range
$56.30
$94.00
Volume
3.05 million shs
Average Volume
5.25 million shs
Market Capitalization
$38.31 billion
P/E Ratio
217.64
Dividend Yield
N/A
Price Target
$88.93

Trade Desk MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.78 Rating Score
Upside/​Downside
13.5% Upside
$88.93 Price Target
Short Interest
Healthy
2.02% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.76mentions of Trade Desk in the last 14 days
Based on 21 Articles This Week
Insider Trading
Selling Shares
$22.91 M Sold Last Quarter
Proj. Earnings Growth
31.65%
From $0.79 to $1.04 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.39 out of 5 stars

Computer And Technology Sector

114th out of 602 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

9th out of 57 stocks

TTD stock logo

About Trade Desk Stock (NASDAQ:TTD)

The Trade Desk, Inc. is a California-based technology company that has emerged as a leader in the digital advertising industry. Founded in 2009, the company provides a self-service platform that enables advertisers to create, manage and optimize their advertising campaigns across various channels, including display, video, audio, and mobile. By offering a transparent and open platform, The Trade Desk aims to empower buyers of digital advertising to make informed decisions and achieve their goals.

With its headquarters in Ventura, California, The Trade Desk has established a global presence with offices in the United States, Europe, and Asia. This widespread reach allows the company to cater to advertisers across different regions and tap into diverse markets.

The Trade Desk's platform offers advertisers a comprehensive range of features and services. These include campaign management, allowing advertisers to efficiently handle and optimize their campaigns across multiple channels. Additionally, the platform offers audience targeting capabilities, enabling advertisers to direct their ads to specific audiences based on demographics, interests, and behavior. The Trade Desk also provides robust reporting and analytics tools that give advertisers detailed insights into their campaigns' performance, helping them make data-driven decisions. Notably, the company prides itself on its commitment to transparency, providing advertisers with visibility into the delivery and measurement of their ads.

The Trade Desk's target market encompasses advertisers of all sizes, from small businesses to large corporations, spanning a wide range of industries such as retail, finance, technology, and healthcare. Some notable customers of The Trade Desk include industry giants like Amazon, Coca-Cola, Ford Motor Company, Nike, and Visa. The company's ability to attract such high-profile clients is a testament to its platform's effectiveness and appeal.

The Trade Desk's achievements and recognition within the industry further solidify its position as a leader. In 2022, the company secured a spot on the prestigious Forbes Cloud 100 list, recognizing the most innovative cloud companies worldwide. 

Under the leadership of Jeff Green, the founder and Chief Executive Officer, The Trade Desk's management team combines expertise and experience in the digital advertising industry. Green is a seasoned entrepreneur who has previously founded or co-founded successful technology companies. This strong leadership, coupled with a team of experienced executives, bolsters the company's ability to navigate the ever-evolving landscape of digital advertising.

The Trade Desk has demonstrated its profitability since its inception. In 2022, the company reported $1.58 billion in revenue and $53.39 million in net income, highlighting its consistent growth. Over the past five years, The Trade Desk has achieved a compound annual growth rate of 40% in revenue. With such financial performance, the company has attracted significant attention from investors.

The Trade Desk's stock price has exhibited volatility in recent years, experiencing a decline of around 50% from its peak in 2021. However, the stock price has rebounded recently. This resilience suggests that investors are regaining confidence in the company's prospects.

The digital advertising industry itself is poised for significant growth. Projections indicate that the global digital advertising market will reach $500 billion by 2025, presenting substantial opportunities for The Trade Desk. With its history of innovation and its position as the leading independent ad-tech platform worldwide, the company is well-positioned to capitalize on this growth. The Trade Desk's commitment to research and development ensures it stays ahead of the competition and continues offering its clients cutting-edge solutions.

The Trade Desk faces several risks and challenges in the highly dynamic digital advertising landscape. One of the primary risks is the ever-changing preferences of consumers. Advertisers must constantly adapt their strategies to engage with consumers who are increasingly selective about the content they consume and the advertisements they engage with. The Trade Desk needs to stay agile and innovative to address these shifting preferences and ensure that its platform effectively reaches and resonates with target audiences.

Another significant challenge for The Trade Desk is the intense competition from industry giants like Google and Facebook. These tech behemoths have substantial resources and market presence, allowing them to offer comprehensive advertising solutions within their ecosystems. The Trade Desk must differentiate itself by emphasizing its independence, transparency, and specialized offerings. It needs to continuously innovate and provide unique value propositions to retain its market share and attract advertisers who seek alternatives to the walled gardens of Google and Facebook.

TTD Stock Price History

TTD Stock News Headlines

Look Beyond S&P 500 for Big Winners Excluded From Index
Dell Technologies Inc NYSE: DELL,  The Trade Desk Inc. NASDAQ: TTD and Apollo Global Management Inc. NYSE: APO represent a diverse group of companies but have something in common: They're large-cap stocks that aren't part of the S&P 500 but are outperforming the index.
Look Beyond S&P 500 for Big Winners Excluded From Index (TTD)
Despite exclusion from the S&P 500, Dell, The Trade Desk, and Apollo are outperforming, offering growth and diversification beyond traditional benchmarks.
Make This $3 Trade the Instant the Opening Bell Rings
Since the birth of Wall Street, one simple rule has remained the same.... Buy stocks that are cheap....When they’re on sale…. And when nobody else is looking…
MarketBeat Week in Review – 2/26 - 3/1 (TTD)
As the calendar turns to March, investors continue to climb the wall of worry, but with the S&P 500 at 5,000, the MarketBeat team helps show you where to invest
Is The Trade Desk signaling the rebound of digital advertising?
The Trade Desk Inc. NASDAQ: TTD is a leading independent programmatic advertising technology (AdTech) platform provider. Its demand-side platform (DSP) allows companies to automate their digital ad buying with improved targeting and greater transparency.
Is The Trade Desk signaling the rebound of digital advertising?
The Trade Desk Inc. (NASDAQ: TTD) is a leading independent programmatic advertising technology (AdTech) platform provider. Its demand-side platform (DSP) allow
MarketBeat Week in Review – 2/19 - 2/23 (TTD)
As the week ends, the only question being asked is how long can the Nvidia rally last; the tech giant's earnings took the focus off of sour FOMC minutes
Like Tiny Crypto Retirement Funds
The crypto bull market is about to blast off. Bitcoin and Ethereum are surging. But so are tiny altcoins that could be so profitable… They're like tiny crypto retirement funds.
The Trade Desk: 3 reasons to buy before a new all-time high
After a lackluster second half to 2023, shares of The Trade Desk, Inc. NASDAQ: TTD are once again doing what they love best: rallying. Truth be told, it was starting to look like they were forming a downtrend, having fallen more than 30% from last summer's peak into January.
The Trade Desk: 3 reasons to buy before a new all-time high (TTD)
After a lackluster second half to 2023, shares of The Trade Desk, Inc. (NASDAQ: TTD) are once again doing what they love best: rallying.
11 Fastest Growing AI Stocks To Invest In Now
TTD Mar 2024 69.000 call
TTD Mar 2024 100.000 put
Top 3 Ad-Tech Stocks For 2024
Should You Add The Trade Desk (TTD) to Your Portfolio?
The Trade Desk Has Weathered The Storm Very Well
See More Headlines
Receive TTD Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Trade Desk and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
2/15/2024
Today
3/18/2024
Next Earnings (Estimated)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Current Symbol
NASDAQ:TTD
Fax
N/A
Employees
3,115
Year Founded
2009

Price Target and Rating

Average Stock Price Target
$88.93
High Stock Price Target
$110.00
Low Stock Price Target
$34.00
Potential Upside/Downside
+13.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.78
Research Coverage
27 Analysts

Profitability

Net Income
$178.94 million
Pretax Margin
13.77%

Debt

Sales & Book Value

Annual Sales
$1.95 billion
Cash Flow
$0.54 per share
Book Value
$4.43 per share

Miscellaneous

Free Float
436,083,000
Market Cap
$38.49 billion
Optionable
Optionable
Beta
1.50

Social Links

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.

Get This Free Report

Should I Buy Trade Desk Stock? TTD Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Trade Desk was last updated on Sunday, March 17, 2024 at 5:08 PM.

Pros

Here are some ways that investors could benefit from investing in The Trade Desk, Inc.:

  • The Trade Desk, Inc. operates as a technology company offering a self-service cloud-based platform for data-driven digital advertising campaigns, catering to various ad formats and channels across different devices.
  • The company provides data and other value-added services, enhancing its offerings and potentially attracting more clients.
  • Recent developments in the digital advertising industry show a growing demand for targeted and measurable advertising solutions, which The Trade Desk specializes in.
  • The current stock price of The Trade Desk, Inc. reflects positive market sentiment and potential growth opportunities in the sector.
  • Industry trends indicate a shift towards digital advertising, positioning The Trade Desk well for future growth and market dominance.

Cons

Investors should be bearish about investing in The Trade Desk, Inc. for these reasons:

  • Market volatility and competition in the digital advertising space could impact The Trade Desk's market share and profitability.
  • Regulatory changes or privacy concerns related to data usage in advertising may pose challenges for The Trade Desk's operations.
  • Fluctuations in advertising budgets, especially during economic downturns, could affect the company's revenue streams and growth prospects.
  • Dependency on technological advancements and innovations to stay ahead of competitors, which could require significant investments and resources.
  • Potential disruptions in the global advertising landscape due to unforeseen events or shifts in consumer behavior may impact The Trade Desk's performance.

TTD Stock Analysis - Frequently Asked Questions

Should I buy or sell Trade Desk stock right now?

27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trade Desk in the last twelve months. There are currently 2 sell ratings, 2 hold ratings and 23 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" TTD shares.
View TTD analyst ratings
or view top-rated stocks.

What is Trade Desk's stock price target for 2024?

27 equities research analysts have issued 12-month target prices for Trade Desk's shares. Their TTD share price targets range from $34.00 to $110.00. On average, they anticipate the company's share price to reach $88.93 in the next year. This suggests a possible upside of 13.5% from the stock's current price.
View analysts price targets for TTD
or view top-rated stocks among Wall Street analysts.

How have TTD shares performed in 2024?

Trade Desk's stock was trading at $71.96 at the start of the year. Since then, TTD stock has increased by 8.9% and is now trading at $78.35.
View the best growth stocks for 2024 here
.

Are investors shorting Trade Desk?

Trade Desk saw a decrease in short interest in February. As of February 29th, there was short interest totaling 9,880,000 shares, a decrease of 23.8% from the February 14th total of 12,960,000 shares. Based on an average trading volume of 5,010,000 shares, the short-interest ratio is currently 2.0 days.
View Trade Desk's Short Interest
.

When is Trade Desk's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our TTD earnings forecast
.

How were Trade Desk's earnings last quarter?

The Trade Desk, Inc. (NASDAQ:TTD) issued its quarterly earnings results on Thursday, February, 15th. The technology company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by $0.05. The technology company earned $605.80 million during the quarter, compared to analyst estimates of $582.61 million. Trade Desk had a trailing twelve-month return on equity of 8.59% and a net margin of 9.19%.

When did Trade Desk's stock split?

Trade Desk shares split on the morning of Wednesday, June 9th 2021. The 10-1 split was announced on Monday, May 10th 2021. The newly created shares were issued to shareholders after the closing bell on Thursday, June 17th 2021. An investor that had 100 shares of stock prior to the split would have 1,000 shares after the split.

What guidance has Trade Desk issued on next quarter's earnings?

Trade Desk updated its first quarter 2024 earnings guidance on Friday, February, 16th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $478.0 million-, compared to the consensus revenue estimate of $451.9 million.

What is Jeff Green's approval rating as Trade Desk's CEO?

157 employees have rated Trade Desk Chief Executive Officer Jeff Green on Glassdoor.com. Jeff Green has an approval rating of 92% among the company's employees. This puts Jeff Green in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Trade Desk own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Trade Desk investors own include NVIDIA (NVDA), Shopify (SHOP), Block (SQ), Tesla (TSLA), Netflix (NFLX), PayPal (PYPL), Twilio (TWLO), Alibaba Group (BABA), Salesforce (CRM) and Okta (OKTA).

When did Trade Desk IPO?

(TTD) raised $70 million in an IPO on Wednesday, September 21st 2016. The company issued 4,700,000 shares at a price of $14.00-$16.00 per share. Citigroup, Jefferies and RBC Capital Markets acted as the underwriters for the IPO and Needham & Company and Raymond James were co-managers.

Who are Trade Desk's major shareholders?

Trade Desk's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.51%), Vanguard Group Inc. (8.54%), Baillie Gifford & Co. (8.36%), Jennison Associates LLC (2.97%), Price T Rowe Associates Inc. MD (1.36%) and Norges Bank (0.72%). Insiders that own company stock include Andrea Lee Cunningham, Blake Jeffrey Grayson, David B Wells, David Randall Pickles, Eric B Paley, Gokul Rajaram, Jay R Grant, Jeffrey Terry Green, Kathryn E Falberg, Laura Schenkein, Lise J Buyer, Marketing Services SAS Total, Samantha Jacobson and Susan Vobejda.
View institutional ownership trends
.

How do I buy shares of Trade Desk?

Shares of TTD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:TTD) was last updated on 3/18/2024 by MarketBeat.com Staff

From Our Partners