
NASDAQ:TTD
This summary was created by AI, based on 1 opinions in the last 12 months.
Trade Desk (TTD-Q) has demonstrated strong financial performance in its latest quarter, reporting earnings per share of $0.23, which surpassed the analyst estimate of $0.20 by a notable 14.45%. Additionally, the company generated revenue of $739 million, exceeding the anticipated $719.04 million, showcasing its robust market position. Looking forward, analysts project a continued upward trend with expected earnings of $0.35 per share and revenue forecasted at $842.08 million for the next quarter. In the last 24 hours, social media mentions have surged by an impressive 2167%, indicating increased investor interest and positive sentiment toward the stock. These factors collectively highlight Trade Desk's growth potential and solid performance metrics, making it a notable company in the advertising technology sector.
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.