
NASDAQ:TTD
This summary was created by AI, based on 1 opinions in the last 12 months.
Trade Desk (TTD-Q) has shown a strong performance in the last quarter, reporting earnings of $0.23 per share, which exceeded analysts' expectations of $0.20 per share by an impressive 14.45%. Additionally, the company's revenue reached $739 million, surpassing the forecast of $719.04 million. This positive trend has influenced analysts' predictions for the upcoming quarter, with expectations set for earnings of $0.35 per share and revenue of approximately $842.08 million. Notably, the stock has seen a significant increase in social media mentions, rising by 2167% in the last 24 hours, indicating heightened public interest and potentially positive sentiment about the company's future prospects. Overall, Trade Desk appears to be on a solid growth trajectory, supported by its recent financial performance and increased market visibility.
They offer cloud-based digital ad campaigns on PCs and smartphones, an attractive alternative to Facebook and Google for advertisers. Buy gradually into weakness. The stock quadrupled since last year. Revenues up 32% YOY, earnigns growth 69%. Offered bullish forecast for Q4 and adjusted EBITDA far higher than the street's estimate. Recently bounced off a strong quarterly report.
ROKU-Q vs. TTD-Q. The movements happen about the same time. You are getting a little bit of euphoria there. Both charts are going up and to the right. TTD-Q is coming off a bit. He would not worry about the difference between the two.
There's a massiec shift happening in advertising and it's not just in digital. TTD empowers buyers of advertising by helping them with matching with their brands. There are 500 billion digital opportunities across all omni channels. It's a dashbaord that lets buyers best spend their money and target their audience. It won't replace digital advertising companies, but enable them. Grown 60% revenue over two years as margins have grown. Shares rocketed today with the release of new software. This is like fintech in advertising. (no dividend, Analysts' price target $131.31)
Has a really nice upward trend. Chart shows a base had formed from last October to the end of February. Then looked like it started to do that again from May to Sept this year. Looks like it is breaking out again. Software technology is a good space to be. It is going to be part of the procyclical move that he talked about at the beginning. A good name. Expect a little volatility in the next 15 days or so. If it hits the trend line, go ahead and buy it.