The Trade Desk, Inc.TTD
NASDAQ • Technology
$20.14
P/E
22.62
PEG
—
FCF Yield
—
Rev Growth YoY
+11.8% YoY
Gross Margin
73.6%
Health Score
7/10
D/E Ratio
0.18
Confidence
LOW
Business Snapshot
The Trade Desk operates a demand-side platform for digital advertising, enabling advertisers and agencies to manage programmatic ad buying across display, video, audio, and connected TV. Competing in the ad-tech space against Google, Amazon, and other DSPs, the company positions itself as an independent, agency-friendly partner. With TTM revenue of $2.97B, the business sits at mid-to-large scale, generating meaningful scale in a fragmented market. Its defining characteristic is a pure-play, independent model that avoids conflicts of interest with media owners, a moat that strengthens its agency relationships.
Financial Health
Gross margin of 73.6% has contracted from 80.7% a year earlier, a notable compression likely reflecting higher partner payouts or infrastructure costs. Net margin of 14.6% provides a modest, if declining, profitability floor...
Risk Assessment
- REVENUE DECELERATION — Revenue growth of 11.8% YoY masks a 18.7% sequential quarterly decline, signalling a sharp slowdown in the recent period.
- EARNINGS QUALITY — Net income declined 21.1% year-over-year, and gross margin shrank from 80.7% to 73.6%, raising concerns about profitability sustainability.
- 52-WEEK POSITION — The current price of $20.14 sits just 2% above the 52-week low of $19.74 and 78% below the high of $91.45, reflecting persistent downward pressure.
- TECHNICALS — RSI, MACD, and moving average data unavailable for this period; momentum cannot be independently confirmed.
- MISSING DATA — Average analyst price target is not available, preventing an implied-upside calculation and adding uncertainty to the consensus view....