
NASDAQ:TTD
This summary was created by AI, based on 1 opinions in the last 12 months.
The Trade Desk (TTD-Q) has demonstrated strong financial performance in its recent quarter, reporting earnings per share of 0.23 USD, which not only surpassed the analyst estimate of 0.20 USD by an impressive 14.45%, but also signifies robust growth in profitability. Additionally, the company's revenue of 739.00 million USD exceeded expectations of 719.04 million USD, showcasing its effective market position and demand for its services. Looking ahead, analysts are optimistic, predicting earnings per share of 0.35 USD and revenue reaching 842.08 million USD for the next quarter, indicating continued momentum. Notably, social media activity surrounding the company has surged by 2167% in the past 24 hours, reflecting heightened interest and possibly a positive sentiment towards the stock.
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)