Ultime notizie per Trade Desk (NASDAQ:TTD) Azioni

Trade Desk

The Trade Desk provides a self-service platform that helps advertisers and ad agencies programmatically find and purchase digital ad inventory (display, video, audio, and social) on different devices like computers, smartphones, and connected TVs. It utilizes data to optimize the performance of ad impressions purchased. The firm's platform is referred to as a demand-side platform in the digital ad industry. The firm generates its revenue from fees based on a percentage of what its clients spend on advertising.

The Trade Desk, Inc. - Class A Common Stock

The Trade Desk Inc

TDK Corp

HC Wainwright &amp; Co. analyst Joseph Pantginis reiterates Adlai Nortye (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANL#NASDAQ">ANL</a>) with a Buy and maintains $9 price target.

News

Price Target

Reiteration

Analyst Ratings

HC Wainwright & Co. Reiterates Buy on Adlai Nortye, Maintains $9 Price Target

HC Wainwright &amp; Co. analyst Edward White maintains Aura Biosciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AURA#NASDAQ">AURA</a>) with a Buy and raises the price target from $21 to $22.

AURA

HC Wainwright & Co. Maintains Buy on Aura Biosciences, Raises Price Target to $22

The collaboration supports the licensing of part of Curiosity Stream&#39;s content portfolio in China, Hong Kong, and Macau, bringing 56 unique titles, amounting to 148 hours of premium factual content, to audiences across these territories through various platforms. The deal encompasses a diverse range of programming, from short-form documentary series to premium long-form content.

CURI

Curiosity Inks Strategic Distribution Partnership With Off The Fence; Deal Broadens Company's Footprint Across China, Hong Kong, And Macau

Guidance

CVS's Q3 Results Won't Meet Wall Street's Expectations; Plans To Back Away From Current 2024 Guidance

HC Wainwright &amp; Co. analyst Heiko Ihle reiterates DRDGold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DRD#NYSE">DRD</a>) with a Buy and maintains $13.25 price target.

HC Wainwright & Co. Reiterates Buy on DRDGold, Maintains $13.25 Price Target

Management

CVS Naming Caremark President David Joyner As Its New CEO

HC Wainwright &amp; Co. analyst Heiko Ihle reiterates Avino Silver &amp; Gold Mines (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/ASM#AMEX">ASM</a>) with a Buy and maintains $1.5 price target.

HC Wainwright & Co. Reiterates Buy on Avino Silver & Gold Mines, Maintains $1.5 Price Target

Biotech

Large Cap

Health Care

General

The European Medicines Agency's Committee For Medicinal Products For Human Use Has Adopted A Positive Opinion, Recommending Approval Of Novo Nordisk's Alhemo (Concizumab) As The First Once-Daily Subcutaneous Prophylactic Treatment For People Aged 12 Years Or Older With Hemophilia A Or B With Inhibitors.

HC Wainwright &amp; Co. analyst Heiko Ihle reiterates First Majestic Silver (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AG#NYSE">AG</a>) with a Buy and maintains $8.5 price target.

HC Wainwright & Co. Reiterates Buy on First Majestic Silver, Maintains $8.5 Price Target

The combined companies for the trailing twelve months have generated $235 million in revenue, increasing approximately&nbsp;25%&nbsp;quarter-over-quarter.

BTTR

Better Choice Expects Combined 2025 Pro Forma Basis Revenue And EBITDA To Be Approximately +$270M, And +$10M, Respectively

Better Choice Says Continues To Make Progress Towards Closing Of Its Acquisition Of SRx Health Solutions; Expects Transaction To Close In Late Q4 Of This Year Or Early Q1 Of 2025

Needham analyst Ami Fadia reiterates Neumora Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NMRA#NASDAQ">NMRA</a>) with a Buy and maintains $23 price target.

NMRA

Needham Reiterates Buy on Neumora Therapeutics, Maintains $23 Price Target

Based on sales trends and order intake in recent years, it expects further market share gains with domestic Chinese OEMs in the coming years.
With the seasonally strong fourth quarter remaining of the year, it reaffirms&nbsp;guidance of around 9.5-10.0% adjusted operating margin for 2024, but to be at the low end of this range.
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Autoliv Now Expects Full Year 2024 Organic Sales Growth To Be 1% Instead Of Previously Expected 2% Due To Unfavorable Market Mix Development

Regions Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RF#NYSE">RF</a>) reported quarterly earnings of $0.57 per share which beat the analyst consensus estimate of $0.53 by 7.55 percent. This is a 16.33 percent increase over earnings of $0.49 per share from the same period last year. The company reported quarterly sales of $1.87 billion which beat the analyst consensus estimate of $1.80 billion by 3.78 percent. This is a 0.54 percent increase over sales of $1.86 billion the same period last year.

Earnings

Earnings Beats

Regions Finl Q3 Adj $0.57 Beats $0.53 Estimate, Sales $1.87B Beat $1.80B Estimate

HC Wainwright &amp; Co. analyst Patrick Trucchio reiterates Alnylam Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALNY#NASDAQ">ALNY</a>) with a Buy and maintains $400 price target.

ALNY

HC Wainwright & Co. Reiterates Buy on Alnylam Pharmaceuticals, Maintains $400 Price Target

Autoliv (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALV#NYSE">ALV</a>) reported quarterly earnings of $1.84 per share which missed the analyst consensus estimate of $1.95 by 5.64 percent. The company reported quarterly sales of $2.56 billion which beat the analyst consensus estimate of $2.53 billion by 0.89 percent. This is a 1.58 percent decrease over sales of $2.60 billion the same period last year.

Earnings Misses

Autoliv Q3 2024 Adj EPS $1.84 Misses $1.95 Estimate, Sales $2.56B Beat $2.53B Estimate

HC Wainwright &amp; Co. analyst Amit Dayal reiterates Gevo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GEVO#NASDAQ">GEVO</a>) with a Buy and maintains $14 price target.

GEVO

HC Wainwright & Co. Reiterates Buy on Gevo, Maintains $14 Price Target

Needham analyst Ami Fadia reiterates Avadel Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVDL#NASDAQ">AVDL</a>) with a Buy and maintains $22 price target.

Avadel Pharmaceuticals plc - American Depositary Shares each representing one Ordinary Share

AVDL

Needham Reiterates Buy on Avadel Pharmaceuticals, Maintains $22 Price Target

Needham analyst Mayank Tandon maintains WNS (Hldgs) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WNS#NYSE">WNS</a>) with a Buy and lowers the price target from $70 to $60.

Needham Maintains Buy on WNS (Hldgs), Lowers Price Target to $60

Needham analyst Kyle Peterson reiterates Equifax (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EFX#NYSE">EFX</a>) with a Buy and maintains $350 price target.

Needham Reiterates Buy on Equifax, Maintains $350 Price Target

Software stocks down following escalating violence in Middle East

Digital advertising industry is well-positioned for significant growth due to increasing use of digital platforms and increase in digital ad spending this year. Hence, it could be wise to buy leading digital advertising stocks, Alphabet (GOOGL), Meta Platforms (META), and The Trade Desk (TTD) as ad budgets rebound. Read more... The growth of digital advertising is driven by global internet access, increasing smartphone usage, and the rise of e-commerce, which businesses use to boost brand visibility and traffic. Therefore, we look into sound digital advertising stocks, such as Alphabet Inc. (<a href="https://stocknews.com/stock/GOOGL/">GOOGL</a>), Meta Platforms, Inc. (<a href="https://stocknews.com/stock/META/">META</a>), and The Trade Desk, Inc. (<a href="https://stocknews.com/stock/TTD/">TTD</a>).
The proliferation of the internet is a fundamental driver of digital advertising growth. As more people gain access to the internet globally, the potential reach of advertising expands.
According to the <a href="https://onaudience.com/global-ad-spend-surge-across-markets">latest mid-year forecasts from IMF data</a>, global advertising expenditure is projected to grow by 5%, reaching $754.40 billion, in 2024. This increase will outstrip the expected 3.2% rise in global GDP. This is also a significant rebound from the time when companies were compelled to <a href="https://www.forbes.com/sites/bethkindig/2023/01/27/ad-budgets-set-to-slow-even-more-in-2023/">cut their ad budgets</a> due to a tough macroeconomic environment.
Additionally, the growth of e-commerce has played a pivotal role in driving digital advertising. Businesses leverage digital channels to promote online marketplaces, enhance brand visibility, and drive traffic to e-commerce platforms. The global digital advertising market is expected to grow at a <a href="https://www.grandviewresearch.com/industry-analysis/digital-advertising-market-report">CAGR of 15.5%</a> by 2030.
Thus, keeping the immense potential of digitization in mind, let us dig deeper into the fundamentals of the leading companies in the digital advertising space:
Alphabet Inc. (<a href="https://stocknews.com/stock/GOOGL/">GOOGL</a>)
GOOGL is the powerhouse behind a spectrum of tech innovations and platforms worldwide. Its segments, spanning Google Services; Google Cloud; and Other Bets; cater to diverse digital needs and aspirations.
GOOGL's trailing-12-month EBIT margin of 31.03% is 241.4% higher than the industry average of 9.09%. Its trailing-12-month Return on Total Capital of 20.34% is 454.2% higher than the industry average of 3.67%. Also, its 13.40% trailing-12-month levered FCF margin is 68.3% higher than the industry average of 7.96%.
During the second quarter, which ended June 30, 2024, GOOGL saw robust growth, with revenues rising 13.6% year-over-year to $84.74 billion. Income from operations surged by 25.8% from the year-ago quarter to $27.43 billion, while <a href="https://www.investopedia.com/terms/n/netincome.asp">net income</a> soared to $23.62 billion, marking a 28.6% increase from the prior year's quarter. Earnings per share for Class A, B, and C stock reached $1.91, up by 31.7% year-over-year.
For the quarter ending September 24, GOOGL's revenue is expected to increase 12.5% year-over-year to $86.27 billion. Its EPS is expected to grow 18.5% year-over-year to $1.84. Moreover, the company surpassed the consensus revenue and EPS estimates in each of the trailing four quarters, which is impressive.
GOOGL's stock has soared 24.6% over the past year to close the last trading session at $162.29.
GOOGL's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect this positive outlook. It has an overall B rating, which translates to Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
The stock has a B grade for Sentiment, Stability, and Quality. It is ranked #12 in the 51-stock B-rated <a href="https://stocknews.com/category/internet/">Internet</a> industry.
Beyond what is stated above, we've also rated GOOGL for Momentum, Growth, and Value. Get all GOOGL ratings <a href="https://stocknews.com/stock/GOOGL/">here</a>.
Meta Platforms, Inc. (<a href="https://stocknews.com/stock/META/">META</a>)
META engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs.
META's trailing-12-month EBIT margin of 41.21% is 353.4% higher than the industry average of 9.09%. Its trailing-12-month Return on Total Capital of 21.10% is 474.8% higher than the industry average of 3.67%. Also, its 21.37% trailing-12-month levered FCF margin is 168.4% higher than the industry average of 7.96%.
For the second quarter that ended June 30, 2024, META's revenue increased 22% year-over-year to $39.07 billion. The company's net income came in at $13.47 billion or $5.16 per share, up 73% from the previous year's quarter.
Analysts expect META's revenue and EPS for the third quarter (ending September 2024) to increase 17.6% and 19.9% year-over-year to $40.17 billion and $5.26, respectively. Also, the company has topped the consensus revenue and EPS estimates in all of the trailing four quarters.
META's shares have gained 10.6% over the past six months and 88.4% over the past year to close the last trading session at $563.33.
META's solid fundamentals are reflected in its POWR Ratings. The stock has an overall rating of B, which equates to a Buy in our proprietary rating system.
It has an A grade for Quality and Sentiment. The stock is ranked #18 in the Internet industry.
<a href="https://stocknews.com/stock/META/">Click here</a> to access the additional META ratings (Value, Momentum, and Stability).
The Trade Desk, Inc. (<a href="https://stocknews.com/stock/TTD/">TTD</a>)
TTD operates as a technology company in the United States and internationally. The company offers a self-service cloud-based platform that allows buyers to plan, manage, optimize, and measure data-driven digital advertising campaigns across various ad formats and channels. 
TTD's trailing-12-month EBIT margin of 14.05% is 54.5% higher than the industry average of 9.09%. Its trailing-12-month Return on Total Capital of 7.65% is 108.3% higher than the industry average of 3.67%. Also, its 25.24% trailing-12-month levered FCF margin is 217% higher than the industry average of 7.96%.
During the second quarter, which ended June 30, 2024, TTD saw robust growth, with revenue rising 13.6% year-over-year to $585 million. Adjusted EBITDA surged by 34.4% from the year-ago quarter to $242 million, while its non-GAAP net income soared to $197 million, marking a 41.7% increase from the prior year's quarter. Non-GAAP earnings per share reached $0.39, up by 39.3% year-over-year.
For the quarter ending September 24, TTD's revenue is expected to increase 25.6% year-over-year to $619.57 million. Its EPS is expected to grow 19.1% year-over-year to $0.39. Moreover, the company surpassed the consensus revenue estimates in each of the trailing four quarters, which is impressive.
TTD's stock has soared 30.3% over the past six months to close the last trading session at $110.79.
TTD's POWR Ratings reflect its prospects. The stock has an A grade for Growth and Quality and a B for Sentiment.
Beyond what is stated above, we've also rated TTD for Momentum, Stability, and Value. Get all TTD ratings <a href="https://stocknews.com/stock/TTD/">here</a>.  
What To Do Next?
43 year investment veteran, Steve Reitmeister, has just released his 2024 market outlook along with trading plan and top 11 picks for the year ahead.
<a href="https://report.stocknews.com/sign-up/stock-market-outlook-2024/?formplacement=artbotad_smo24_rep">2024 Stock Market Outlook &gt;</a>
<hr />
GOOGL shares were trading at $161.43 per share on Wednesday afternoon, down $0.86 (-0.53%). Year-to-date, GOOGL has gained 15.85%, versus a 21.08% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Nidhi Agarwal</h2> <img src='https:/wp-content/uploads/2023/03/Nidhi-Agarwal_Headshot-3.jpg' style="float:left; padding:5px;width:125px;">Nidhi is passionate about the capital market and wealth management, which led her to pursue a career as an investment analyst. She holds a bachelor's degree in finance and marketing and is pursuing the CFA program.

Her fundamental approach to analyzing stocks helps investors identify the best investment opportunities.<a href="https://stocknews.com/authors/?author=nidhi-agarwal">More...</a>The post <a href=https://stocknews.com/news/googl-meta-ttd-3-digital-advertising-stocks-to-buy-as-ad-budgets-rebound/>3 Digital Advertising Stocks to Buy as Ad Budgets Rebound</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Digital Advertising Stocks to Buy as Ad Budgets Rebound

In a report released today, Youssef Squali from Truist Financial assigned a Buy rating to Trade Desk (TTD – Research Report), with a price target o...

Trade Desk (TTD): New Buy Recommendation for This Technology Giant

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James Heaney CFA, an analyst from Jefferies, has initiated a new Buy rating on Trade Desk (TTD). James Heaney CFA has given his Buy rating due to a...

Bullish Outlook for The Trade Desk Amidst Biddable CTV Growth and Strong Partnerships

The Trade Desk: Global Domination Via CTV

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Morgan Stanley screens for quality cyclicals as economic surprises, yields back upgrade

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Press Releases

The Trade Desk Announces Date of First Quarter 2024 Financial Results and Conference Call

Roku and The Trade Desk Announce New Data-Driven TV Streaming Partnership

VerticalScope Partners with The Trade Desk to Integrate OpenPass and OpenPath

The Trade Desk Reports First Quarter 2024 Financial Results

The Trade Desk Unveils the Sellers and Publishers Report – a Biannual Review of Open Internet Trends

Entertainment

FOX AND THE TRADE DESK ANNOUNCE EXTENSIVE ADVERTISING INTEGRATIONS ACROSS FOX PORTFOLIO

The Trade Desk Announces Date of Second Quarter 2024 Financial Results and Conference Call

The Trade Desk Reports Second Quarter 2024 Financial Results

Admiral Secures $19M in New Funding, Led by Harbert Growth Partners, Reaching $28M Total Raised to Save the Free Internet, One Publisher at a Time

The Trade Desk Announces Date of Third Quarter 2024 Financial Results and Conference Call

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Ultime notizie per Trade Desk (NASDAQ:TTD) Azioni

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PARTNER/COLLABORATORE

BENZINGA NEL MONDO