TTD stock icon

Trade Desk
TTD

$100.95
0.36%

Market Cap: 49.4B

 

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 6,702 funds
0
Analysts bullish %
of 27 analysts
0
News positive %
of 13 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

35% more first-time investments, than exits

New positions opened: 135 | Existing positions closed: 100

33% more funds holding in top 10

Funds holding in top 10: 15 [Q4 2023] → 20 (+5) [Q1 2024]

19% more capital invested

Capital invested by funds: $24B [Q4 2023] → $28.5B (+$4.47B) [Q1 2024]

11% more repeat investments, than reductions

Existing positions increased: 347 | Existing positions reduced: 314

4% more funds holding

Funds holding: 888 [Q4 2023] → 923 (+35) [Q1 2024]

1.51% less ownership

Funds ownership: 74.93% [Q4 2023] → 73.42% (-1.51%) [Q1 2024]

18% less call options, than puts

Call options by funds: $932M | Put options by funds: $1.14B

Research analyst outlook

27 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$42
58%
downside
Avg. target
$103
2%
upside
High target
$120
19%
upside

27 analyst ratings

26 positive
96%
neutral
0%
negative
4%
Oppenheimer
Jason Helfstein
19%upside
$120
Outperform
Maintained
15 Jul 2024
Needham
Laura Martin
1%downside
$100
Buy
Reiterated
9 Jul 2024
Wedbush
Scott Devitt
9%upside
$110
Outperform
Initiated
17 Jun 2024
Piper Sandler
Matt Farrell
9%upside
$110
Overweight
Maintained
11 Jun 2024
Loop Capital
Rob Sanderson
8%upside
$109
Buy
Maintained
16 May 2024

Financial journalist opinion

Based on 13 articles about TTD published over the past 30 days