Advertising Technology Company Shares (ADTECH) The trade desk (NASDAQ: TTD) Broken on Thursday after the company reported financial results for the fourth quarter of 2024. At 10 for ET, the trade desk stock was down 31% stunning and suddenly finds itself down 40% of its highest 52 weeks.
At CH4, the revenue of the $ 741 million trade desk came in from management -led and analysts' expectations, which are rare for this company. Founder and CEO Jeff Green highlighted the company's successes during the year but admitted that it was “disappointed that we had failed to meet our own expectations in the fourth quarter.”
The previous front of the trade desk is also coming to play today. In CH4, its revenue was up 22% year -on -year. But it takes a revenue at least $ 575 million in the forthcoming first quarter of 2025. That is only 17% growth from the first quarter of 2024.
In short, the growth of the trade desk slows down in spite of its leadership position in associated television ADTIAD SPACE. And that has its base Growth investors anxious.
Even with the 40% fall of its highlights, the trade desk stock is up more than 2,600% over the last 10 years. But the ride has not been smooth. As the chart below shows, it has decreased by 40% or more.
Even after the price drop, the trade desk stock trades on costly sales 17 times. Its sales growth is slowing down, especially considering that it slows faster than expected to the management. That said, the company estimates that its market opportunity is over $ 900 billion, which represents a significant upside down opportunity. And his guidance for a growth of 17% in CH1 is nothing to sneez.
I am not saying it is a deal today or that there is nothing to worry about. But I say the trade desk is a remarkably consistent company and has been down before, which means it deserves closer consideration by investors after the fall today.
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