TTD stock icon

Trade Desk
TTD

$100.31
5.46%

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

0
Funds holding %
of 6,686 funds
0
Analysts bullish %
of 23 analysts

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

Low target
$57
43%
downside
Avg. target
$112
12%
upside
High target
$135
35%
upside

23 analyst ratings

21 positive
91%
neutral
4%
negative
4%
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