Trade DeskTTD
Market Cap: $49.3B
About: The Trade Desk provides a self-service platform that helps advertisers and ad agencies programmatically find and purchase digital ad inventory (display, video, audio, and social) on different devices like computers, smartphones, and connected TVs. It utilizes data to optimize the performance of ad impressions purchased. The firm's platform is referred to as a demand-side platform in the digital ad industry. The firm generates its revenue from fees based on a percentage of what its clients spend on advertising.
Employees: 3,115
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
44% more first-time investments, than exits
New positions opened: 145 | Existing positions closed: 101
33% more repeat investments, than reductions
Existing positions increased: 406 | Existing positions reduced: 305
10% more capital invested
Capital invested by funds: $30.3B [Q1] → $33.3B (+$2.95B) [Q2]
5% more funds holding in top 10
Funds holding in top 10: 20 [Q1] → 21 (+1) [Q2]
5% more funds holding
Funds holding: 941 [Q1] → 985 (+44) [Q2]
1.5% less ownership
Funds ownership: 78.1% [Q1] → 76.6% (-1.5%) [Q2]
20% less call options, than puts
Call options by funds: $951M | Put options by funds: $1.19B
Research analyst outlook
23 Wall Street Analysts provided 1 year price targets over the past 3 months
23 analyst ratings
Cantor Fitzgerald Deepak Mathivanan 53% 1-year accuracy 9 / 17 met price target | 10%upside $110 | Neutral Initiated | 5 Sept 2024 |
B of A Securities Jessica Reif Ehrlich 100% 1-year accuracy 9 / 9 met price target | 35%upside $135 | Buy Initiated | 4 Sept 2024 |
Loop Capital Rob Sanderson 54% 1-year accuracy 13 / 24 met price target | 20%upside $120 | Buy Maintained | 26 Aug 2024 |
Baird Vikram Kesavabhotla 91% 1-year accuracy 10 / 11 met price target | 30%upside $130 | Outperform Maintained | 12 Aug 2024 |
Citigroup Ygal Arounian 46% 1-year accuracy 6 / 13 met price target | 15%upside $115 | Buy Maintained | 9 Aug 2024 |
Financial journalist opinion
Based on 21 articles about TTD published over the past 30 days