Trade Desk
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 devices like computers, smartphones, and connected TVs. It uses data in an iterative manner 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, and it generates revenue from fees based on a percentage of what its clients spend on advertising.
Employees: 3,522
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
264% more first-time investments, than exits
New positions opened: 222 | Existing positions closed: 61
19% more repeat investments, than reductions
Existing positions increased: 429 | Existing positions reduced: 362
13% more funds holding
Funds holding: 1,036 [Q3] → 1,174 (+138) [Q4]
11% more capital invested
Capital invested by funds: $37.6B [Q3] → $41.8B (+$4.16B) [Q4]
9% more funds holding in top 10
Funds holding in top 10: 23 [Q3] → 25 (+2) [Q4]
1.96% more ownership
Funds ownership: 76.58% [Q3] → 78.54% (+1.96%) [Q4]
14% less call options, than puts
Call options by funds: $1.04B | Put options by funds: $1.21B
Research analyst outlook
22 Wall Street Analysts provided 1 year price targets over the past 3 months
22 analyst ratings
Stifel Mark Kelley 13% 1-year accuracy 4 / 31 met price target | 63%upside $87 | Buy Maintained | 23 Apr 2025 |
Needham Laura Martin 51% 1-year accuracy 171 / 338 met price target | 58%upside $84 | Buy Reiterated | 22 Apr 2025 |
Morgan Stanley Matthew Cost 42% 1-year accuracy 5 / 12 met price target | 13%upside $60 | Overweight Maintained | 17 Apr 2025 |
Truist Securities Youssef Squali 18% 1-year accuracy 13 / 71 met price target | 78%upside $95 | Buy Maintained | 17 Apr 2025 |
UBS Chris Kuntarich 46% 1-year accuracy 6 / 13 met price target | 50%upside $80 | Buy Maintained | 11 Apr 2025 |
Financial journalist opinion
Based on 356 articles about TTD published over the past 30 days









