The Trade Desk Growth Continues To Grow at Brisk Pace, Raises Guidance

Viewing 6 posts - 1 through 6 (of 6 total)
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  • #18937
    Super Harley
    Participant

    Digital advertising placement firm Trade Desk reported better…

    [article]1189[/article]

    #21291
    Super Harley
    Participant

    Trade Desk Inc. (NASDAQ: TTD) was downgraded to Hold from Buy but the target price was raised to $250 from $225 at Jefferies.

    Trade Desk Inc

    NASDAQ: TTD · July 18, 4:08 PM EDT
    241.56 ▼ 2.62 (1.07%)

    #22124
    ThePitBoss
    Participant

    RBC Capital upgraded Trade Desk to Outperform from Sector Perform

    Market Summary > Trade Desk Inc
    NASDAQ: TTD
    185.65 USD −5.38 (2.82%)
    After hours 189.16 +3.51 (1.89%)

    #22667
    Super Harley
    Participant

    Trade Desk Inc. (NASDAQ: TTD) was raised to Buy from Hold with a $325 target price by Needham.s Laura Martin

    She argues that ad unit availability in the U.S. could fall by 10% in 2020 due to declining viewership of linear televsion, but that demand for U.S. ad units will climb by 10%, creating a favorable pricing environment.

    “Ad units should see unprecedented pricing power in 2020,” she wrote. “TTD is the largest buyer of ad units in the open internet (including connected TV), and takes a 20% revenue share of ad dollars spent on its platform.”

    TTD shares have climbed 107% so far this year, as the S&P 500 SPX,has increased 24%.

    Market Summary > Trade Desk Inc
    NASDAQ: TTD
    253.66 USD +13.24 (5.51%)

    #24341
    Helmholtz Watson
    Participant

    [color=green][b]Trade Desk $TTD UP To ATH After hours
    $510.00 +29.25 (+6.08%)

    Q2 2020[/b][/color]

    * Revenue: $139.4M vs ests 133.56M
    * Adj EPS: $0.92 v estimates $0.19
    Guidance +13%:
    * Revenue: $179M vs estimates $158.69M

    #26372
    Helmholtz Watson
    Participant

    The Trade Desk (TTD) split 10:1, effective today.

    Currently trades at ~70x forward EBITDA estimates.

    Still the leading targeted ad-buying platform for the pen internet, which is essentially anywhere on desktop, mobile, in app or CTV outside of Facebook, (Instagram), YouTube, or Snapchat.

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