# The Trade Desk, Inc. – Consensus ‘buy’ rating and 8.1% Upside Potential

- Link: https://www.directorstalkinterviews.com/the-trade-desk-inc.consensus-buy-rating-and-8.1-upside-potential/4121159723
- Published: 2024-06-11T15:12:59+01:00
- Author: Charlotte Edwards

**The Trade Desk, Inc.** with ticker code (TTD) now have 26 analysts in total covering
the stock. The consensus rating is pointing to ‘buy’. The range between the high
target price and low target price is between $115.00 and $37.00 with the average
target price sitting at $101.81. Now with the previous closing price of $94.17 and
the analysts are correct then we can expect a percentage increase in value of 8.1%.
Also worth taking note is the 50 day moving average now sits at $88.48 and the 200
day MA is $78.75. The total market capitalization for the company now stands at 
45.32B. The stock price is currently at: $92.65 USD

 The potential market cap would be $48,994,232,376 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 231.63, revenue per share of $4.20
and a 3.64% return on assets.

The Trade Desk, Inc. is a technology company. The Company through its self-service,
cloud-based platform and ad buyers creates, manages, and optimizes data-driven digital
advertising campaigns across ad formats and channels, including display, video, 
audio, in-app, native and social, on a multitude of devices, such as computers, 
mobile devices, and connected television. It offers a self-service omnichannel software
platform that enables its clients to purchase and manage data-driven digital advertising
campaigns. The Company’s platform allows clients to manage integrated advertising
campaigns across various advertising channels and formats. Its platform’s integrations
with inventory, data partners, and publishers provide ad buyers with reach and decisioning
capabilities, and its enterprise application programming interfaces (APIs) enable
its clients to customize and expand platform functionality. It offers solutions 
to advertising agencies and other service providers for advertisers.

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