After Earnings, Is Trade Desk Stock a Buy, a Sell, or Fairly Valued?
With its accessible and unbiased platform, here’s what we think of Trade Desk stock.
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Trade Desk sold off more than 30% in after-hours trading after reporting second-quarter earnings that exceeded management guidance by 2%. However, this was paired with third-quarter guidance that appears weak relative to historical precedent. Customer retention remains strong at 95%.
Why it matters: TTD is back near April lows, in what seems to be a classic ad tech dynamic wherein decent quarters can still be punished if there is any sniff of growth durability fears. Management said connected TV, the firm’s largest segment, continues to grow rapidly.


