The Trade Desk found using ticker (TTD) have now 19 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 120 and 29 with the average target price sitting at 94.16. Given that the stocks previous close was at 65.84 this would indicate that there is a potential upside of 43.0%. The day 50 moving average is 84.1 and the 200 moving average now moves to 76.38. The market capitalisation for the company is $35,105m. You can visit the company’s website by visiting: https://www.thetradedesk.com
The potential market cap would be $50,205m based on the market concensus.
The Trade Desk operates as a technology company in the United States and internationally. The company operates a self-service cloud-based platform that allows buyers to create, manage, and optimize data-driven digital advertising campaigns in various ad formats and channels, including display, video, audio, in-app, native and social, and on various devices, such as computers, mobile devices, and connected TV. It also provides data and other value-added services, as well as platform features. The company serves advertising agencies and other service providers for advertisers. The Trade Desk was incorporated in 2009 and is headquartered in Ventura, California.
