The Trade Desk, Inc. TTD shares are trading higher on Wednesday. B of A Securities analyst Jessica Reif Ehrlich initiated coverage on the company with a Buy rating and a price target of $135.The analyst writes that the company has strategically positioned itself in the expanding Connected TV and Retail Media ad markets, positioning TTD to benefit from anticipated global growth in these sectors over the coming years.TTD’s culture of innovation and clear vision has reinforced its competitive edge in programma ...

This business is on the right side of advertising trends and shifts in consumer behavior.If you're considering buying The Trade Desk (TTD 0.98%) stock, it's because you want to make money. After all, the only real reason to invest money now is in hopes of having more money later.This logic can be taken a step further: It's relatively easy to make money in the stock market by investing in an S&P 500 index fund. People usually think of this index when they say "the stock market." And the stock market generall ...

Boy Wirat The Trade Desk (NASDAQ:TTD) is one of the leading technology platform providers for advertisers and ad agencies to purchase digital ad inventory. TTD is rapidly becoming the key independent marketplace for entities other than behemoths like Google (GOOGL) (GOOG), Meta/Facebook (META), and Amazon (AMZN) that have the capacity to develop their own ad platforms and also service the marketplace, as is the case with Google's DoubleClick. The Trade Desk appears likely to remain an important independ ...

The Trade Desk’s (TTD) shares hit a 52-week high of $103.35 on Aug 20 and finally closed at $102.14, up 41.9% year to date. TTD shares have outperformed the Zacks Internet Services industry’s gain of 17% and the Zacks Computer & Technology sector’s return of 22.5%.TTD is benefiting from an expanding clientele. Strong momentum across TTD’s two initiatives, namely UID2 and OpenPass, which focus on identity and authentication, benefits from increased demand for its advertising services.In the second quarter of ...

Core Insights - Nexxen has announced a strategic data partnership with The Trade Desk to provide advertisers access to exclusive automatic content recognition (ACR) data segments, enhancing cross-channel and cross-device targeting capabilities for more efficient media investments [1][2] Group 1: Partnership Details - The partnership allows The Trade Desk's advertisers to utilize Nexxen's ACR data segments, which are categorized by genres, networks, programs, and brand-level ad exposure, facilitating a more comprehensive understanding of TV-viewing data [2] - Nexxen's ACR data segments are available for activation on The Trade Desk's platform in the U.K., Canada, the U.S., and Australia, marking it as the first self-service TV data provider for these regions [2] Group 2: Strategic Importance - The integration aims to address challenges in connected TV (CTV) advertising, such as advertising over-saturation and fragmented targeting, by providing advertisers with controlled frequency and competitive conquesting capabilities [1][2] - The partnership emphasizes the need for brands to adopt a holistic approach to TV media buying, combining both linear and CTV strategies to optimize media budget investments [2] Group 3: Company Background - Nexxen operates a flexible advertising technology platform that includes a demand-side platform (DSP) and supply-side platform (SSP), with a focus on data and advanced TV solutions [3] - The Trade Desk is a technology company that enables ad buyers to manage and optimize digital advertising campaigns through a self-service, cloud-based platform [4]

This company is witnessing an acceleration in growth thanks to the growing demand for programmatic advertising.Shares of The Trade Desk (TTD 0.93%) shot up more than 12% in a single session after the company released its second-quarter 2024 results on Aug. 8. The big move wasn't surprising as the programmatic advertising provider delivered stronger-than-expected growth.The Trade Desk's latest pop means the stock is now up 36% so far this year. Moreover, it is trading at a steep valuation right now. Does thi ...

The Trade Desk Inc. NASDAQ: TTD is the largest independent demand-side platform (DSP) for advertising buyers. Its self-service, cloud-based advertising technology (AdTech) platform, Kokai, enables advertisers and agencies to programmatically manage digital advertising campaigns across various channels, including video, display, audio, and connected TV (CTV).The Trade Desk is thriving from the recovery in demand-side digital advertising, which accommodates ad buyers. The supply side continues to struggle, as ...

simonkr Investment Thesis The Trade Desk (NASDAQ:TTD) delivered better-than-expected Q2 results and guidance, which saw its shares jump 7% after hours. The takeaway here is that its revenue growth rates are higher than I expected, which means that its momentum could remain strong into 2025. Therefore, the debt-free business is priced at 26x forward EBITDA, a multiple that is slightly cheaper than I previously expected. And yet, I still consider this stock to carry a rich price tag. Rapid Recap In my pre ...

The Trade Desk, Inc. (NASDAQ:TTD) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Chris Toth - Investor Relations Jeff Green - Chairman, Chief Executive Officer and Founder Laura Schenkein - Chief Financial Officer Conference Call Participants Shyam Patil - SIG Youssef Squali - Truist Securities Justin Patterson - KeyBanc Capital Markets Vasily Karasyov - Cannonball Research Mark Mahaney - Evercore Shweta Khajuria - Wolfe Research Tim Nollen - Macquarie Brian Pitz - BMO Capit ...

The Trade Desk (TTD) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.33%. A quarter ago, it was expected that this digital-advertising platform operator would post earnings of $0.22 per share when it actually produced earnings of $0.26, delivering a surprise of 18.18%.Over the last ...