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The Trade Desk (TTD-Q)
NASDAQ:TTD
139.20
0.04
(0.03%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 4 opinions in the last 12 months.
The Trade Desk (TTD-Q) is positioned for 33% free cash flow growth in the next 3 years, with a strong presence in the ad tech sweet spot and connected TV ad spending. The company's AI capabilities in ad placement and a recent beat in earnings have led to an 18% surge in shares. Despite a high 53x PE ratio, the stock is seen as having potential for an impending breakout, albeit with volatility.
$108.530
Owned
Just bought more. Meta and GOOG have dominated digital ad spending, but connected TV is now seeing more of that spend. TTD sits in the middle of this huge secular trend. They use AI well to help place those ads. You can buy it here for an impending breakout. But it's volatile.
Reported a beat and was upgraded today and shares are popping 18% and rebounding from last November's earnings debacle. Were concerns over the video ad market, and the outlook was not confident.
Trades at a high 53x PE, which the market doesn't like. You can buy it, but you'll likely hold this for a long time before it makes money,w
Good company, but the stock is rich and the market is intolerant towards that. Buy some now and wait to see if it goes lower.
Tomorrow they launch something major, a new media buying platform using AI, could be a game changer. TTD shares are up 70% YTD.
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.
The Trade Desk(TTD-Q) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 4
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 4
The Trade Desk(TTD-Q) Frequently Asked Questions
What is The Trade Desk stock symbol?
The Trade Desk is a American stock, trading under the symbol TTD-Q on the NASDAQ (TTD). It is usually referred to as NASDAQ:TTD or TTD-Q
Is The Trade Desk a buy or a sell?
In the last year, 4 stock analysts published opinions about TTD-Q. 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for The Trade Desk.
Is The Trade Desk a good investment or a top pick?
The Trade Desk was recommended as a Top Pick by on . Read the latest stock experts ratings for The Trade Desk.
Why is The Trade Desk stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is The Trade Desk worth watching?
4 stock analysts on Stockchase covered The Trade Desk In the last year. It is a trending stock that is worth watching.
What is The Trade Desk stock price?
On 2024-12-04, The Trade Desk (TTD-Q) stock closed at a price of $139.2.
He expects 33% free cash flow growth in the next 3 years. Are in the sweet spot for ad tech.