The Trade Desk (TTD) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
VENTURA, Calif., May 29, 2024--Global advertising technology leader The Trade Desk (Nasdaq: TTD) today launched The Sellers and Publishers Report – a new biannual assessment of advertising trends on the open internet. According to data from The Trade Desk, which assesses more than 15 million advertising opportunities per second on the open internet, the leading 500 digital publishers account for approximately 50 percent of advertising revenue on the open internet. These publishers are highly val
After just one year, Netflix's (NFLX) ad-tier subscription service has over 40 million users. The Trade Desk shares (TTD) have popped on the news that Netflix will launch its own ad-tech platform. Citi Analyst Ygal Arounian joins Market Domination to comment on what Trade Desk's automation software has to gain on this opportunity. "Netflix is 20% of viewership. and that ad platform is expected to grow. So what that means, bottom line for the trade desk, and on our estimates, we think that the billings, the dollars that are running through The Trade Desk in 2025, that's an incremental $500 million, or about 3 to 4% of growth that's just in 2025," Arounian says. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.