Key PointsShares have popped following last week’s blowout report. Analysts are targeting 2021’s all-time high as the next stop, but there’s still time to get involved. Look for shares to consolidate into the week, then move higher from next week.5 stocks we like better than Trade DeskAfter a lackluster second half to 2023, shares of The Trade Desk, Inc. NASDAQ: TTD are once again doing what they love best: rallying. Truth be told, it was starting to look like they were forming a downtrend, having fallen mo ...

The Trade Desk (TTD -0.58%) has been a top stock since it went public in 2016, and the adtech company showed why it has a long history of outperforming the market in its latest earnings report.Shares soared 17.5% on Feb. 16 after the company smashed top-line estimates for its fourth quarter. Revenue jumped 23% year over year to $605.8 million, well ahead of the consensus at $582.2 million. On the bottom line, adjusted earnings per share improved from $0.38 to $0.41, which fell short estimates at $0.43. Howe ...

It would be difficult to criticize The Trade Desk's (TTD -1.42%) recent business performance. Everything seems to be going right for the company. Revenue is growing at robust double-digit rates, customer retention remains extremely high, and the company has a debt-free balance sheet and plenty of excess cash flow.This financial success, of course, isn't too surprising for those following the company closely. The programmatic advertising specialist's product execution has been astounding in recent years. The ...

One analyst recently lifted his price target for adtech specialist The Trade Desk's (TTD -7.16%) stock. The raise was significant, however the move does not make this pundit a bull on the up-and-coming stock. In fact, he still believes it is firmly in sell territory.A bear before and after the latest company updateOn Feb. 12, three days before The Trade Desk published its fourth-quarter earnings report, Benchmark's Mark Zgutowicz reiterated his sell recommendation on the stock. At that point, he pegged it a ...

The Trade Desk (TTD 17.46%) stock surged higher following the release of its quarterly report for the fourth quarter of 2023. Amid those gains, it achieved a 52-week high before pulling back, taking it to a level last reached in the summer.Still, with a higher stock price, valuations have become elevated, and the share price has reached a point from which it pulled back months earlier. Does that mean investors missed the opportunity to buy this stock at a reasonable price? Let's take a closer look.The Trade ...

Key TakeawaysThe Trade Desk beat estimates for fourth-quarter revenue and current-quarter guidance, sending the company's stock nearly 20% higher.The company forecast revenue for the current quarter of at least $478 million.The company has around $700 million available for share buybacks.The Trade Desk (TTD) shares surged almost 20% Friday, after the advertising-technology firm posted strong fourth-quarter sales and guided toward current-quarter revenue that topped analysts' forecasts.The company said that ...

Ad-campaign automation specialist The Trade Desk (TTD 18.70%) sent its share prices soaring on Friday with a fantastic earnings report. The stock jumped as much as 24.2% in the morning before settling down at a still-impressive 19% gain by 12:15 p.m. ET today. The intraday peak reached a fresh two-year high.The Trade Desk's quarter, by the numbersFourth-quarter revenue jumped 23% higher year over year to land at $606 million. Adjusted earnings rose by 9% to $0.41 per diluted share.Your average Wall Street a ...

Trade Desk Inc (NASDAQ:TTD) stock is soaring to two-year highs, up 15.1% at $87.14 at last glance, after the company's upbeat first-quarter revenue forecast and flood of analyst bull notes. No fewer than 14 analysts lifted their price targets, including Piper Sandler to $105 from $80, citing momentum related to TV ads and retail media segments. For the fourth quarter, the software name posted an earnings miss but better-than-expected revenue. Options traders are optimistic too, with 104,000 calls exchanged ...

The Trade Desk, Inc. (NASDAQ:TTD) Q4 2023 Earnings Conference Call February 15, 2024 5:00 PM ET Company Participants Chris Toth - Vice President of Investor Relations Jeffrey Green - Founder & Chief Executive Officer Laura Schenkein - Chief Financial Officer Conference Call Participants Shyam Patil - SIG Youssef Squali - Truist Securities Shweta Khajuria - Evercore ISI Vasily Karasyov - Cannonball Research Dan Salmon - New Street Research Matthew Cost - Morgan Stanley Matt Swanson - RBC Capital Markets Tim ...

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