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 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
24% more repeat investments, than reductions
Existing positions increased: 423 | Existing positions reduced: 341
11% more call options, than puts
Call options by funds: $1,000M | Put options by funds: $905M
3.25% less ownership
Funds ownership: 78.71% [Q4 2024] → 75.46% (-3.25%) [Q1 2025]
14% less funds holding
Funds holding: 1,185 [Q4 2024] → 1,020 (-165) [Q1 2025]
50% less first-time investments, than exits
New positions opened: 144 | Existing positions closed: 288
55% less capital invested
Capital invested by funds: $41.9B [Q4 2024] → $18.7B (-$23.2B) [Q1 2025]
64% less funds holding in top 10
Funds holding in top 10: 25 [Q4 2024] → 9 (-16) [Q1 2025]
Research analyst outlook
17 Wall Street Analysts provided 1 year price targets over the past 3 months
17 analyst ratings
Oppenheimer Jason Helfstein | 30%upside $110 | Outperform Maintained | 29 Jul 2025 |
Stifel Mark Kelley | 12%upside $95 | Buy Maintained | 22 Jul 2025 |
Wedbush Scott Devitt | 6%upside $90 | Outperform Maintained | 17 Jul 2025 |
Keybanc Justin Patterson | 12%upside $95 | Overweight Maintained | 17 Jul 2025 |
UBS Chris Kuntarich | 24%upside $105 | Buy Maintained | 16 Jul 2025 |
Financial journalist opinion
Based on 46 articles about TTD published over the past 30 days









