The most recent trading session ended with The Trade Desk (TTD) standing at $76.72, reflecting a -1.04% shift from the previouse trading day's closing. This change lagged the S&P 500's 0.65% loss on the day. Elsewhere, the Dow saw a downswing of 0.49%, while the tech-heavy Nasdaq depreciated by 0.96%.Shares of the digital-advertising platform operator witnessed a gain of 2.4% over the previous month, beating the performance of the Computer and Technology sector with its gain of 2.19% and underperforming the ...

Shares of digital advertising platform The Trade Desk (TTD -0.29%) have once again soared higher on investor optimism. The last five years have been epic, delivering longtime shareholders a more than 300% return. But since the aftermath of the pandemic, The Trade Desk stock has been stuck in volatile but mostly sideways price action.Blame a sky-high valuation for this performance the last few years. However, if recent history is any guide, just a bit of patience could be rewarded.2024 starts with a bangThe ...

Shares of The Trade Desk (TTD -0.43%) were among the winners in February, as the leading independent demand side platform (DSP) in adtech posted strong fourth-quarter results and benefited from a rising tide in tech and artificial intelligence (AI) stocks.According to data from S&P Global Market Intelligence, the stock finished February up 24.8%. As you can see from the chart, The Trade Desk experienced steady growth through the first half of the month before spiking on its earnings report in the middle of ...

Key PointsThe Trade Desk beat Q4 2023 revenue estimates and raised its Q1 2024 revenue guidance.The Trade Desk’s Kokai AI platform is helping clients leverage data to power growth.BTIG Research reiterated its Buy rating and raised price targets to $98 from $91 on robust channel checks and strong advertiser demand.5 stocks we like better than Trade DeskThe Trade Desk Inc. NASDAQ: TTD is a leading independent programmatic advertising technology (AdTech) platform provider. Its demand-side platform (DSP) allows ...

Share prices of The Trade Desk (TTD -2.47%) shot up an impressive 17% following its latest quarterly report. This wasn't surprising, as the company's outlook for the current quarter turned out to be significantly better than expectations.The programmatic advertising platform provider released fourth-quarter 2023 results on Feb. 15. Its revenue increased 23% year over year to $606 million, exceeding the consensus estimate of $582 million by a comfortable margin. The Trade Desk's non-GAAP earnings of $0.41 pe ...

Key PointsShares have popped following last week’s blowout report. Analysts are targeting 2021’s all-time high as the next stop, but there’s still time to get involved. Look for shares to consolidate into the week, then move higher from next week.5 stocks we like better than Trade DeskAfter a lackluster second half to 2023, shares of The Trade Desk, Inc. NASDAQ: TTD are once again doing what they love best: rallying. Truth be told, it was starting to look like they were forming a downtrend, having fallen mo ...

The Trade Desk (TTD -0.58%) has been a top stock since it went public in 2016, and the adtech company showed why it has a long history of outperforming the market in its latest earnings report.Shares soared 17.5% on Feb. 16 after the company smashed top-line estimates for its fourth quarter. Revenue jumped 23% year over year to $605.8 million, well ahead of the consensus at $582.2 million. On the bottom line, adjusted earnings per share improved from $0.38 to $0.41, which fell short estimates at $0.43. Howe ...

It would be difficult to criticize The Trade Desk's (TTD -1.42%) recent business performance. Everything seems to be going right for the company. Revenue is growing at robust double-digit rates, customer retention remains extremely high, and the company has a debt-free balance sheet and plenty of excess cash flow.This financial success, of course, isn't too surprising for those following the company closely. The programmatic advertising specialist's product execution has been astounding in recent years. The ...

One analyst recently lifted his price target for adtech specialist The Trade Desk's (TTD -7.16%) stock. The raise was significant, however the move does not make this pundit a bull on the up-and-coming stock. In fact, he still believes it is firmly in sell territory.A bear before and after the latest company updateOn Feb. 12, three days before The Trade Desk published its fourth-quarter earnings report, Benchmark's Mark Zgutowicz reiterated his sell recommendation on the stock. At that point, he pegged it a ...

The Trade Desk (TTD 17.46%) stock surged higher following the release of its quarterly report for the fourth quarter of 2023. Amid those gains, it achieved a 52-week high before pulling back, taking it to a level last reached in the summer.Still, with a higher stock price, valuations have become elevated, and the share price has reached a point from which it pulled back months earlier. Does that mean investors missed the opportunity to buy this stock at a reasonable price? Let's take a closer look.The Trade ...