Trade Desk Inc - Ordinary Shares - Class A

Trade Desk Inc - Ordinary Shares - Class A

TTD

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Market Cap$10.14B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Trade Desk Inc - Ordinary Shares - Class ATrade Desk Inc - Ordinary Shares - Class A23.7-18%3.50.2

Earnings Call Q3 2025

November 6, 2025 - AI Summary

Strong Revenue Growth: The Trade Desk reported Q3 2025 revenues of $739 million, reflecting an 18% growth year-over-year (YOY). Excluding political ad spend, growth was 22%. This performance showcases the company's ability to capture incremental wallet share among top global brands.
Continued Expansion of CTV and Retail Media: Connected TV (CTV) remains the primary growth driver, outpacing overall revenue growth. CTV and audio are expected to grow as more advertising dollars shift toward premium content, signaling ongoing opportunities in these channels as advertisers seek effective engagement methods.
Product Innovations and AI Enhancement: Significant advancements were made to the advertising platform, particularly with the introduction of Kokai, which reportedly improved cost per acquisition by 26% and click-through rates by 94% compared to previous versions. The emphasis on AI-driven improvements is positioned to enhance efficiency and performance across digital advertising.

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$26.68

Target Price by Analysts

26.9% upsideTrade Desk Target Price DetailsTarget Price
$39.64

Current Fair Value

88.5% upside

Undervalued by 88.5% based on the discounted cash flow analysis.

Share Statistics

Market cap$10.14 Billion
Enterprise Value$9.68 Billion
Dividend Yield$- (-)
Earnings per Share$0.92
Beta1.1
Outstanding Shares474,663,000

Return

Return on Equity17.63%ROE
Return on Assets7.54%
Return on Invested Capital21.62%

Valuation & Multiples

P/E Ratio23.66P/E Ratio
PEG-112.24PEG
Price to Sales3.51Price to Sales
Price to Book Ratio4.21Price to Book Ratio
Enterprise Value to Revenue3.26
Enterprise Value to EBIT15.74
Enterprise Value to Net Income22
Total Debt to Enterprise0.04
Debt to Equity0.17Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
May 14, 2026
EPS Estimate
$0.32
Average shareholder expectation
Revenue Estimate
$678.85 M
Average shareholder expectation

Next Earnings Call

Expected Date
August 6, 2026
EPS Estimate
$0.40
Average shareholder expectation
Revenue Estimate
$752.62 M
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.9202 20.04%
Total Calls27,840,212 4.51%
Total Puts25,617,987 14.18%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %77.10% 5.09%
Total Invested$8.43B 38.69%
Investors Holding843 180.00%

ESG Score

No data

About Trade Desk Inc

1,200 employees

The Trade Desk™ is a technology company that empowers buyers of advertising. Through its self-service, cloud-based platform, ad buyers can create, manage, and optimize digital advertising campaigns across ad formats and devices. Integrat...

Relevant Senate Committees

Joint Committee on Taxation

This committee provides crucial analysis and revenue estimates for all tax legislation, directly influencing corporate tax structures and capital investment credits. Its work is foundational to the tax policy that significantly impacts The Trade Desk's financial planning and corporate valuation.

Finance

As the most powerful economic committee controlling taxation and trade, it directly impacts The Trade Desk's profitability and corporate structure through tax policy (e.g., corporate tax rates, R&D credits) and could influence international operations through trade policy.

Judiciary

This committee oversees antitrust laws and intellectual property. Given the current scrutiny on 'Big Tech' and potential M&A activities in the tech sector, its influence on antitrust enforcement and intellectual property rights is highly relevant to The Trade Desk's operations and strategic opportunities.

Commerce, Science, and Transportation

This committee has vast jurisdiction over interstate commerce, the FCC, and FTC. It directly impacts 'Big Tech' through privacy laws (e.g., potential federal privacy legislation), internet policy (net neutrality), and consumer protection, all critical to The Trade Desk's data-driven ad tech platform.