The Trade Desk, Inc. operates as a technology company in the United States and internationally. The company offers a self-service cloud-based platform that allows buyers to plan, manage, optimize, and measure data-driven digital advertising campaigns across various ad formats and channels, including video, display, audio, digital-out-of-home, native, and social on various devices, such as computers, mobile devices, televisions, and streaming devices. It provides data and other value-added services. The company serves advertising agencies, brands, and other service providers for advertisers. The Trade Desk, Inc. was incorporated in 2009 and is headquartered in Ventura, California.
Future Trajectory | Analyst price targets range from $100.50 to $120, reflecting optimism tempered by concerns over macroeconomic factors and intense competition |
Valuation Conundrum | TTD trades at a premium, with a FY25E PF EBITDA multiple of 40x compared to the peer average of 16x, raising questions about sustainability |
Innovation Engine | Explore how TTD's Kokai platform and OpenPath tool enhance its value proposition, attracting advertisers and strengthening market position |
CTV Dominance | The Trade Desk leads in programmatic CTV advertising, with partnerships driving significant growth and a projected 21% revenue CAGR from FY24 to FY26 |
Metrics to compare | TTD | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipTTDPeersSector | |
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P/E Ratio | 215.9x | −0.6x | 4.9x | |
PEG Ratio | 2.06 | 0.01 | 0.01 | |
Price / Book | 25.3x | 1.4x | 1.8x | |
Price / LTM Sales | 28.8x | 0.5x | 1.4x | |
Upside (Analyst Target) | 2.5% | 17.9% | 21.7% | |
Fair Value Upside | Unlock | 15.2% | 13.1% | Unlock |