The Trade Desk forecast third-quarter revenue above analysts' estimates on Thursday, signaling strong demand for automated ad-buying technologies from connected TV companies, sending the ad tech firm's shares up 5% in extended trading.
Digital advertising firm Trade Desk reported Q2 earnings and revenue that topped estimates as internet TV drove growth.
The Trade Desk, Inc. TTD is expected to release earnings results for its second quarter, after the closing bell on Thursday, Aug. 8.
The Trade Desk offers an alternative to the restrictive ad platforms from big tech. Multiple factors could drive years of strong growth.
The Trade Desk's (TTD) long-term prospects are driven by strong demand for CTV, retail media, Kokai and UID2 solutions, as well as a solid partner base.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
In the most recent trading session, The Trade Desk (TTD) closed at $89.88, indicating a +0.04% shift from the previous trading day.
That prognosticator just raised his price target on the shares. He feels -- justifiably -- that they've been punished for a peer's discouraging news.
The Trade Desk continues to dominate the “open internet” for digital ads. It's expanding into the streaming video and retail media markets.
The Trade Desk is an important player in the digital advertising industry. The tech company helps advertisers get better returns on their advertising budget while reducing their workloads.
The latest trading day saw The Trade Desk (TTD) settling at $90.88, representing a +1.75% change from its previous close.
The Trade Desk (TTD) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.