The Trade Desk exemplifies the Caviar Cruise strategy with exceptional growth, 25% ROIC, strong cash flow, and zero debt. A top-tier quality growth stock.
The Trade Desk has been crushed this year, falling 66% from its highs. Here's why this advertising innovator deserves a closer look at these low prices.
The Trade Desk delivered third quarter results that met or exceeded Wall Street expectations, driven by ongoing strength in connected TV (CTV) advertising and continued adoption of its AI-powered Kokai platform. Management highlighted that CTV remains the company’s fastest-growing channel, with CEO Jeff Green stating, “CTV remains our largest and fastest-growing channel, continuing to grow at a faster rate than our overall business.” The company also benefited from deeper relationships with large brands and agencies, supported by operational changes and product innovations introduced over the past year.
Magnite’s third quarter saw revenue growth that outpaced Wall Street’s expectations, but the market responded negatively to the results. Management attributed the quarter’s performance to continued strength in Connected TV (CTV), specifically citing growth from large publisher partners and the expansion of agency-powered marketplaces. CEO Michael Barrett pointed to “significant traction with agency marketplaces, ClearLine adoption, positive SMB trends and programmatic expansion in live sports” as key drivers. Despite these positives, management acknowledged that sector headwinds and recent changes by major demand-side platforms influenced the overall outcome.
Stocks trading between $10 and $50 can be particularly interesting as they frequently represent businesses that have survived their early challenges.
However, investors should remain vigilant as some may still have unproven business models, leaving them vulnerable to the ebbs and flows of the broader market.
Shares of digital advertising platform The Trade Desk (NASDAQ:TTD) fell 7.4% in the afternoon session after the company's strong third-quarter results and upbeat guidance were overshadowed by concerns about rising capital expenditures.
Shares of digital ad verification company DoubleVerify (NYSE:DV) fell 18.6% in the afternoon session after the company reported third-quarter financial results that missed revenue expectations and provided a weak forecast for the fourth quarter.
Risk-off sentiment dominated Wall Street on Friday, with selling pressure in AI-linked names intensifying and pushing technology stocks toward their worst week since April.
Wondering which stocks are making significant price gaps? Explore the S&P500 index on Friday to find the gap up and gap down stocks in today's session.
Digital advertising platform The Trade Desk (NASDAQ:TTD) announced better-than-expected revenue in Q3 CY2025, with sales up 17.7% year on year to $739.4 million. Guidance for next quarter’s revenue was better than expected at $840 million at the midpoint, 1% above analysts’ estimates. Its non-GAAP profit of $0.45 per share was in line with analysts’ consensus estimates.
As we await the opening of the US market on Friday, let's delve into the pre-market session and discover the S&P500 top gainers and losers shaping the early market sentiment.
