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TTD

TTD

High conviction

The Trade Desk, Inc.

Communication Services · NASDAQ

$9.0B mkt cap

Brief updated Jul 5, 2026

The Trade Desk, Inc. is a global technology company that provides a self-service, cloud-based platform. This platform enables advertising buyers to efficiently create, manage, and optimize data-driven digital ad campaigns across diverse formats and channels, including display, video, audio, native,

Decifer Research·Data summary

TTD is a high-conviction name in Communication Services

TTD sits at the intersection of key themes currently active in the market. The scoring engine rates it high based on how well the active market forces line up with its business, plus available fundamental data. Financial metrics and analyst consensus provide additional context.

Why now

The market forces active right now are aligned with the company's core business exposure. The timing reflects the intersection of theme strength and available catalyst data.

Key risks

Data availability limits full scoring across all dimensions. Market forces can reverse rapidly; theme exposure does not guarantee the price follows. Fundamental valuation data may not reflect the most recent quarterly results.

What to watch

Monitor conviction score changes, especially the macro and analyst dimensions. Earnings guidance updates and analyst consensus shifts are the primary near-term catalysts.

16High conviction Conviction
macro
25/25
analyst
22/38
momentum
0/20
forward catalyst
0/15
valuation
14/23
highs
-12/12
news catalyst
0/12
options flow
0/12
peer network
8/8
counter thesis
-6/3
Key financials
Revenue growth (YoY)-1865.0%
Gross margin7783.0%
Operating margin2026.0%
Net margin1457.0%
P/E ratio21.0x
Return on equity1691.0%
FCF yield932.0%
Debt / equity0.2x
EV / sales2.9x
Valuation
Analyst consensusBUY
DCF fair value$36
Next EPS estimate$0.29
Macro context
AI Buildout

Why U.S. AI Restrictions Could Give China an Unexpected Advantage Following the Android Playbook

The U.S. restrictions on AI exports could inadvertently benefit China by driving innovation and self-sufficiency, similar to how China developed its own mobile operating systems after being restricted from using Google's Android.

Jun 30, 2026

Analyst intelligence
23 Buy21 Hold3 Sell
Earnings intelligence

Earnings surprises

-8.4%

2026-05

+15.1%

2026-02

+123.9%

2025-11

+1.4%

2025-08

-27.4%

2025-05

Recent updates
other macro4d ago

Google is backing a $15 billion financing for an AI campus in Texas, which includes a 1.6GW power plant, indicating a significant investment in AI infrastructure and potential growth in the tech sector.

other macro4d ago

Microsoft's revival of AI-chip trade with TSMC led to a 7% jump in TSMC's stock, indicating a potential boost to the semiconductor industry and AI-related technologies. This development could have broader implications for the tech sector and global trade.

other macro4d ago

AI-chip stocks, including Intel and AMD, have seen a significant surge in value, with Taiwan Semiconductor also rallying, as the sector experiences a strong bounce back. This move indicates a renewed investor interest in the technology sector, particularly in companies involved in AI and chip production.

other macroJul 16, 2026

Cybersecurity and AI chip stocks are experiencing a surge in value, while software stocks are declining, largely due to IBM's recent actions. This shift reflects a broader trend in the tech industry where focus is increasing on hardware and security solutions.

regulatory actionJul 16, 2026

New York is freezing new 50 MW data centers due to grid strain, which may impact AI development and data center expansion in the region. This move could have broader implications for the tech industry and energy consumption.

Generated Sun, 05 Jul 2026 06:23:56 GMT by Decifer intelligence engine. For informational purposes only — not investment advice. Decifer Intelligence Hub.