The Trade Desk Reports First Quarter 2024 Financial Results

Go back to The Trade Desk Reports First Quarter 2024 Financial Results

Strong growth outlook creates attractive risk/reward profile for this stock

May 9, 2024 7:00 PM EDT

Citi analysts highlighted one stock they believe has an attractive risk/reward in a recent research note.

The company's strong performance in the first quarter of 2024, coupled with favorable macroeconomic conditions and multiple tailwinds, sets the stage for continued growth and value creation. The Trade Desk Inc. (NASDAQ:... More

The Trade Desk (TTD) PT Raised to $110 at RBC Capital

May 9, 2024 6:36 AM EDT

RBC Capital analyst Matthew Swanson raised the price target on The Trade Desk (NASDAQ: TTD) to $110.00 (from $105.00) while maintaining a Outperform rating.

The analyst comments "Trade Desk proved recent sentiment improvements were warranted with a no-drama quarter delivering a quality beat and raise... More

The Trade Desk Inc. (TTD) Tops Q1 EPS by 4c, Offers Guidance

May 8, 2024 4:02 PM EDT

The Trade Desk Inc. (NASDAQ: TTD) reported Q1 EPS of $0.26, $0.04 better than the analyst estimate of $0.22. Revenue for the quarter came in at $491 million versus the consensus estimate of $479.66 million.

GUIDANCE:

The Trade Desk Inc. sees Q2 2024 revenue of $575 million, versus the... More