TTD - Trade Desk Inc-The Stock Price, Fair Value and News

94.79USD+1.60 (+1.72%)Market Closed

Market Summary

USD94.79+1.60

Market Closed

1.72%

TTD Alerts

1 major insider sales recently.

Big jump in Revenue (Y/Y)
Big jump in Earnings (Y/Y)

TTD Stock Price

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TTD RSI Chart

TTD Valuation

Market Cap

46.3B

Price/Earnings (Trailing)

230.08

Price/Sales (Trailing)

22.54

EV/EBITDA

95.11

Price/Free Cashflow

83.99

TTD Price/Sales (Trailing)

TTD Profitability

EBT Margin

15.75%

Return on Equity

9.29%

Return on Assets

4.32%

Free Cashflow Yield

1.19%

TTD Fundamentals

TTD Revenue

Revenue (TTM)

2.1B

Rev. Growth (Yr)

28.33%

Rev. Growth (Qtr)

-18.91%

TTD Earnings

Earnings (TTM)

201.3M

Earnings Growth (Yr)

239.48%

Earnings Growth (Qtr)

-67.47%

Breaking Down TTD Revenue

How does TTD drawdown profile look like?

TTD Financial Health

Current Ratio

1.79

TTD Investor Care

Buy Backs (1Y)

0.24%

Diluted EPS (TTM)

0.41

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	2.1B	0	0	0
2023	1.6B	1.7B	1.8B	1.9B
2022	1.3B	1.4B	1.5B	1.6B
2021	895.2M	1.0B	1.1B	1.2B
2020	700.7M	680.2M	732.1M	836.0M
2019	512.6M	560.2M	605.6M	661.1M
2018	340.5M	380.1M	419.5M	477.3M
2017	225.9M	251.5M	278.0M	308.2M
2016	136.1M	158.4M	180.7M	202.9M
2015	0	0	79.2M	113.8M
2014	0	0	0	44.5M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Trade Desk Inc-The

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 30, 2024	green jeffrey terry	sold	-5,375,810	84.0811	-63,936	president and ceo
Apr 29, 2024	green jeffrey terry	sold	-6,335,330	84.4711	-75,000	president and ceo
Apr 26, 2024	green jeffrey terry	sold	-6,384,750	85.13	-75,000	president and ceo
Apr 23, 2024	jacobson samantha	acquired	-	-	60,074	chief strategy officer
Apr 23, 2024	grant jay r	acquired	-	-	60,074	chief legal officer
Apr 23, 2024	schenkein laura	acquired	-	-	60,074	chief financial officer
Apr 15, 2024	green jeffrey terry	sold	-224,666	86.41	-2,600	president and ceo
Apr 04, 2024	green jeffrey terry	sold	-6,546,440	87.2858	-75,000	president and ceo
Apr 03, 2024	green jeffrey terry	sold	-5,767,690	87.38	-66,007	president and ceo
Mar 25, 2024	green jeffrey terry	sold	-6,406,500	85.42	-75,000	president and ceo

Which funds bought or sold TTD recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	Beacon Capital Management, LLC	reduced	-5.91	1,043	20,894	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	added	0.84	11,310,900	61,570,300	0.08%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-29.95	-22,353,400	127,657,000	0.03%
May 16, 2024	B. Riley Wealth Advisors, Inc.	reduced	-17.15	-241,527	2,167,330	0.06%
May 16, 2024	Ancora Advisors LLC	unchanged	-	7,892	44,624	-%
May 16, 2024	Arete Wealth Advisors, LLC	sold off	-100	-409,579	-	-%
May 16, 2024	Motley Fool Asset Management LLC	added	11.85	375,006	1,420,220	0.09%
May 16, 2024	COMERICA BANK	reduced	-0.29	500,517	2,869,110	0.01%
May 16, 2024	Tidal Investments LLC	reduced	-5.46	379,229	2,932,150	0.05%
May 16, 2024	FSA Wealth Management LLC	unchanged	-	2,424	14,424	0.01%

Are Funds Buying or Selling TTD?

Are funds buying TTD calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own TTD

No. of Funds

Unveiling Trade Desk Inc-The's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	9.35%	41,738,359	SC 13G/A
Feb 09, 2024	morgan stanley	4.4%	19,726,539	SC 13G/A
Jan 31, 2024	blackrock inc.	5.3%	23,559,275	SC 13G
Jan 26, 2024	baillie gifford & co	9.18%	40,984,017	SC 13G/A
Feb 14, 2023	ameriprise financial inc	0.58%	2,556,608	SC 13G/A
Feb 10, 2023	morgan stanley	7.0%	31,226,856	SC 13G/A
Feb 09, 2023	vanguard group inc	9.14%	40,691,898	SC 13G/A
Jan 23, 2023	baillie gifford & co	10.59%	47,175,426	SC 13G/A
Jan 06, 2023	blackrock inc.	4.8%	21,314,127	SC 13G/A
Dec 07, 2022	blackrock inc.	4.99%	22,245,803	SC 13G/A

Recent SEC filings of Trade Desk Inc-The

View All Filings

Date Filed	Form Type	Document
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 10, 2024	10-Q	Quarterly Report
May 08, 2024	8-K	Current Report
Apr 30, 2024	4	Insider Trading
Apr 25, 2024	4	Insider Trading
Apr 25, 2024	4	Insider Trading
Apr 25, 2024	4	Insider Trading

Peers (Alternatives to Trade Desk Inc-The)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CRM	277.0B	34.9B	-	-	66.98	7.95	11.18%	1888.46%
UBER	137.2B	38.6B	-	-	98.72	3.56	14.01%	141.26%
ADSK	47.3B	5.3B	-	-	51.62	8.85	9.15%	48.14%
ANSS	28.6B	2.2B	-	-	65.84	12.85	3.59%	-21.47%
ZM	19.3B	4.5B	-	-	30.27	4.26	3.06%	514.65%
MID-CAP
APPF	8.7B	671.8M	-	-	113.53	12.92	33.64%	185.98%
LYFT	6.7B	4.7B	-	-	-36.23	1.43	10.90%	88.31%
ALRM	3.5B	895.2M	-	-	38.7	3.87	5.72%	46.94%
AYX	3.4B	970.0M	-	-	-19.13	3.53	13.46%	43.89%
AI	3.2B	296.4M	-	-	-11.7	10.73	11.14%	-3.59%
AGYS	2.7B	228.1M	-	-	31.34	11.99	18.99%	599.09%
SMALL-CAP
AVID	1.2B	413.5M	-	-	92.02	2.88	-1.65%	-71.35%
AEYE	256.1M	31.6M	-	-	-43.61	8.1	2.76%	43.72%
APPS	253.0M	572.4M	-	-	-1.28	0.44	-19.38%	-489.49%
ASUR	193.1M	117.7M	-	-	-19.58	1.64	12.54%	11.24%

Trade Desk Inc-The News

Latest updates

Trade Desk Inc-The Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-18.9%	491	606	493	464	383	491	395	377	315	396	301	280	220	320	216	139	161	216	164	160	121
Costs and Expenses	0.3%	463	461	456	423	406	391	366	375	332	421	221	218	212	213	173	155	150	163	142	128	115
S&GA Expenses	-4.0%	122	127	112	111	97.00	93.00	85.00	89.00	71.00	73.00	59.00	62.00	56.00	59.00	45.00	37.00	34.00	43.00	36.00	31.00	23.00
R&D Expenses	5.6%	108	102	118	98.00	94.00	84.00	80.00	83.00	72.00	63.00	56.00	54.00	54.00	49.00	41.00	40.00	37.00	33.00	29.00	29.00	25.00
EBITDA Margin	8.4%	0.23*	0.21*	0.20*	0.18*	0.14*	0.12*	0.03*	0.06*	0.11*	0.14*	0.26*	0.25*	0.19*	0.21*	0.16*	0.15*	0.21*	0.22*	0.22*	0.23*	0.23*
Interest Expenses	-12.1%	17.00	19.00	18.00	18.00	14.00	11.00	2.00	1.00	-1.08	-0.47	-0.32	-0.19	-0.04	-0.08	-0.23	0.00	1.00	1.00	1.00	1.00	1.00
Income Taxes	-77.3%	14.00	63.00	18.00	27.00	-18.93	41.00	15.00	21.00	-2.74	-34.62	20.00	14.00	-14.55	-44.94	1.00	-41.08	-13.71	3.00	4.00	6.00	-4.81
Earnings Before Taxes	-71.4%	46.00	161	57.00	60.00	-9.61	112	31.00	2.00	-17.33	-26.58	79.00	62.00	8.00	107	43.00	-15.97	10.00	54.00	24.00	33.00	5.00
EBT Margin	14.4%	0.16*	0.14*	0.12*	0.11*	0.08*	0.08*	-0.01*	0.03*	0.07*	0.10*	0.23*	0.21*	0.16*	0.17*	0.12*	0.11*	0.17*	0.18*	0.18*	0.20*	0.20*
Net Income	-67.5%	32.00	97.00	39.00	33.00	9.00	71.00	16.00	-19.07	-14.60	8.00	59.00	48.00	23.00	152	41.00	25.00	24.00	51.00	19.00	28.00	10.00
Net Income Margin	6.5%	0.10*	0.09*	0.08*	0.07*	0.05*	0.03*	-0.01*	0.02*	0.08*	0.12*	0.25*	0.25*	0.27*	0.29*	0.19*	0.18*	0.17*	0.16*	0.16*	0.17*	0.17*
Free Cashflow	170.4%	178	66.00	187	121	178	126	113	88.00	138	153	104	5.00	62.00	151	68.00	77.00	34.00	-42.10	40.00	23.00	4.00

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-4.6%	4,664	4,889	4,520	4,347	4,000	4,381	3,924	3,673	3,433	3,577	2,989	2,793	2,603	2,754	2,138	1,849	1,767	1,729	1,415	1,239	1,082
Current Assets	-5.0%	4,096	4,314	4,014	3,832	3,476	3,846	3,415	3,196	2,955	3,092	2,516	2,347	2,170	2,310	1,756	1,492	1,442	1,449	1,159	1,084	945
Cash Equivalents	2.6%	918	895	1,072	966	893	1,031	995	933	844	754	577	477	472	437	434	426	325	131	173	154	144
Net PPE	-6.7%	151	161	153	160	170	174	166	139	131	136	137	125	116	116	112	96.00	79.00	64.00	48.00	44.00	36.00
Liabilities	-8.3%	2,497	2,724	2,365	2,276	2,059	2,265	2,010	1,893	1,784	2,050	1,686	1,591	1,518	1,741	1,306	1,091	1,093	1,116	880	747	653
Current Liabilities	-9.1%	2,283	2,511	2,147	2,051	1,830	2,029	1,785	1,665	1,546	1,803	1,428	1,329	1,263	1,475	1,012	731	734	930	704	670	583
Shareholder's Equity	0.1%	2,167	2,164	2,156	2,071	1,941	2,115	1,914	1,780	1,649	1,527	1,303	1,202	1,084	1,013	833	758	674	613	535	492	429
Retained Earnings	-47.6%	103	197	320	371	382	666	594	578	598	612	604	545	497	474	322	281	256	232	181	162	134
Additional Paid-In Capital	4.9%	2,063	1,967	1,835	1,700	1,559	1,450	1,320	1,201	1,052	915	699	658	587	539	510	477	418	380	354	330	295
Shares Outstanding	-0.1%	489	489	489	489	490	487	486	486	484	477	478	474	473	463	466	461	455	445	444	444	439
Float	-	-	-	-	34,083	-	-	-	18,432	-	-	-	33,366	-	-	-	16,816	-	-	-	8,779	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	103.5%	185	91.00	192	128	188	173	137	92.00	146	163	130	10.00	75.00	168	88.00	96.00	53.00	-28.07	44.00	34.00	10.00
Share Based Compensation	-8.9%	111	121	140	117	113	128	121	125	125	205	34.00	45.00	52.00	38.00	27.00	24.00	23.00	24.00	19.00	21.00	16.00
Cashflow From Investing	63.0%	-21.12	-57.05	11.00	-33.26	-28.61	-138	-72.18	-26.47	-67.10	4.00	-33.78	-27.57	-36.33	-82.36	-15.97	-28.91	-16.03	-15.97	-28.44	-37.98	-81.45
Cashflow From Financing	32.9%	-141	-210	-96.94	-21.70	-296	1.00	-3.14	23.00	11.00	10.00	4.00	22.00	-4.46	-82.21	-64.39	34.00	158	1.00	4.00	14.00	8.00
Buy Backs	-43.0%	125	220	90.00	44.00	293	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

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TTD Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Revenue	$ 491,253	$ 382,803
Operating expenses:
Platform operations	103,630	84,867
Sales and marketing	121,725	97,222
Technology and development	107,686	93,710
General and administrative	129,555	130,312
Total operating expenses	462,596	406,111
Income (loss) from operations	28,657	(23,308)
Other expense (income):
Interest income, net	(16,661)	(14,423)
Foreign currency exchange loss (gain), net	(715)	723
Total other income, net	(17,376)	(13,700)
Income (loss) before income taxes	46,033	(9,608)
Provision for (benefit from) income taxes	14,373	(18,934)
Net income	$ 31,660	$ 9,326
Earnings per share:
Basic (in dollars per share)	$ 0.06	$ 0.02
Diluted (in dollars per share)	$ 0.06	$ 0.02
Weighted-average shares outstanding:
Basic (in shares)	488,551	489,712
Diluted (in shares)	498,192	499,795

TTD Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 918,200	$ 895,129
Short-term investments, net	501,360	485,159
Accounts receivable, net of allowance for credit losses of $12,852 and $12,826 as of March 31, 2024 and December 31, 2023, respectively	2,619,280	2,870,313
Prepaid expenses and other current assets	57,579	63,353
TOTAL CURRENT ASSETS	4,096,419	4,313,954
Property and equipment, net	150,551	161,422
Operating lease assets	201,859	197,732
Deferred income taxes	154,849	154,849
Other assets, non-current	60,119	60,730
TOTAL ASSETS	4,663,797	4,888,687
Current liabilities:
Accounts payable	2,094,855	2,317,318
Accrued expenses and other current liabilities	131,287	137,996
Operating lease liabilities	57,208	55,524
TOTAL CURRENT LIABILITIES	2,283,350	2,510,838
Operating lease liabilities, non-current	180,456	180,369
Other liabilities, non-current	33,436	33,261
TOTAL LIABILITIES	2,497,242	2,724,468
Commitments and contingencies (Note 11)
STOCKHOLDERS’ EQUITY
Preferred stock, par value $0.000001; 100,000 shares authorized, zero shares issued and outstanding as of March 31, 2024 and December 31, 2023	0	0
Common stock, par value $0.000001 Class A, 1,000,000 shares authorized; 444,809 and 444,997 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively Class B, 95,000 shares authorized; 43,919 and 43,919 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively	0	0
Additional paid-in capital	2,063,311	1,967,265
Retained earnings	103,244	196,954
TOTAL STOCKHOLDERS’ EQUITY	2,166,555	2,164,219
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 4,663,797	$ 4,888,687

About Trade Desk Inc-The

The Trade Desk, Inc. operates as a technology company in the United States and internationally. The company operates 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 also 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.

CEO	Mr. Jeffrey Terry Green
WEBSITE	thetradedesk.com
INDUSTRY	Software - Apps
EMPLOYEES	2770

Trade Desk Inc-The Frequently Asked Questions

What is the ticker symbol for Trade Desk Inc-The? What does TTD stand for in stocks?

TTD is the stock ticker symbol of Trade Desk Inc-The. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Trade Desk Inc-The (TTD)?

As of Fri May 17 2024, market cap of Trade Desk Inc-The is 46.31 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TTD stock?

You can check TTD's fair value in chart for subscribers.

What is the fair value of TTD stock?

You can check TTD's fair value in chart for subscribers. The fair value of Trade Desk Inc-The is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Trade Desk Inc-The is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for TTD so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Trade Desk Inc-The a good stock to buy?

The fair value guage provides a quick view whether TTD is over valued or under valued. Whether Trade Desk Inc-The is cheap or expensive depends on the assumptions which impact Trade Desk Inc-The's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for TTD.

What is Trade Desk Inc-The's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, TTD's PE ratio (Price to Earnings) is 230.08 and Price to Sales (PS) ratio is 22.54. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. TTD PE ratio will change depending on the future growth rate expectations of investors.