Advertisement
UK markets close in 6 hours 30 minutes
  • FTSE 100

    8,302.18
    +88.69 (+1.08%)
     
  • FTSE 250

    20,377.45
    +212.91 (+1.06%)
     
  • AIM

    776.86
    +5.33 (+0.69%)
     
  • GBP/EUR

    1.1645
    -0.0015 (-0.13%)
     
  • GBP/USD

    1.2539
    -0.0025 (-0.20%)
     
  • Bitcoin GBP

    51,251.52
    -891.00 (-1.71%)
     
  • CMC Crypto 200

    1,333.13
    -31.99 (-2.34%)
     
  • S&P 500

    5,180.74
    +52.95 (+1.03%)
     
  • DOW

    38,852.27
    +176.59 (+0.46%)
     
  • CRUDE OIL

    78.80
    +0.32 (+0.41%)
     
  • GOLD FUTURES

    2,324.30
    -6.90 (-0.30%)
     
  • NIKKEI 225

    38,835.10
    +599.03 (+1.57%)
     
  • HANG SENG

    18,479.37
    -98.93 (-0.53%)
     
  • DAX

    18,263.05
    +87.84 (+0.48%)
     
  • CAC 40

    8,017.14
    +20.50 (+0.26%)
     

Will The Trade Desk Be a Trillion-Dollar Stock by 2040?

Will The Trade Desk Be a Trillion-Dollar Stock by 2040?

The Trade Desk (NASDAQ: TTD) has generated dizzying returns since its IPO in 2016. From 2016 to 2022, its annual revenue grew at a compound annual growth rate (CAGR) of 41%, while its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) increased at a CAGR of 47%. Investors were also impressed by its ability to carve out a niche between Alphabet's Google and Meta Platforms in the saturated digital advertising market.