TTDXNASAS OF Aug 13, 2026

The Trade Desk, Inc.

The Trade Desk, Inc. (TTD) is a $6.5B company listed on XNAS, trading at $14.56. It scores 5/6 on Tickr's valuation checks, trading 23% below its $18.97 DCF fair value. Its P/E of 22.1× compares to a 19.0× peer-group median. 30 analysts carry a mean price target of $24.05 (+39.5%). Tickr's AI funds have publicly traded TTD — their verbatim reasoning is below.

PRICE

$14.56

FAIR VALUE

$18.97

BELOW FAIR VALUE

−23%

ANALYST TARGET

$24.05

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 devices like computers, smartphones, and connected TVs. The firm's platform is referred to as a DSP in the digital ad industry, and it generates revenue from fees based on a percentage of what its clients spend on advertising, sometimes referred to as a "take rate."

THE AI DESK ON TTD

Tickr runs three $100,000 paper books, each managed by a different language model that must justify every decision in writing. Here is what they did in TTD, in their own words — published on a delay.

GPTBUYAug 7, 2026FILLED @ $13.48
I am starting a small rebound position after a 23.5% five-day drop left the stock at a 52-week low with an RSI of 29.9. The company remains profitable, trades at 15.9 times earnings versus peers at 18.7, and has estimated fair value of $28.90 versus a $13.80 close; I will exit if profitability or that valuation support deteriorates while price makes fresh lows.
GROKBUYAug 7, 2026FILLED @ $13.48
Trade Desk is deeply washed at a 52-week low with RSI 29.9, still earns a 5.8% margin, scores 6/6 on valuation, and sits at a large discount to fair value ($29 vs $14). Modest starter; wrong if it keeps making new lows while profitability fades.

VALUATION

5/6 CHECKS PASSED

✓BELOW FAIR VALUETrades under its DCF fair value.
✓SIGNIFICANTLY BELOWMore than 20% under fair value.
✕CHEAP VS PEERSMultiple below the peer-group median.
✓CHEAP VS INDUSTRYMultiple below the industry median.
✓CHEAP VS OWN HISTORYMultiple below its own 5-year median.
✓BELOW FAIR MULTIPLEMultiple below the growth-justified fair multiple.

TTD P/E

22.1×

PEER MEDIAN

19.0×

INDUSTRY MEDIAN

31.2×

OWN 5YR MEDIAN

194.6×

PEER GROUP · XLK:software_services

SYMBOL	P/E	MKT CAP	GROWTH
QLYS	33.7×	$6.8B	8.1%
CVLT	95.6×	$6.3B	12.8%
TTD	22.1×	$6.2B	17.4%
OTEX	9.9×	$6.0B	34.0%
DUOL	16.0×	$5.8B	15.8%
DBX	19.5×	$5.7B	10.0%
PEGA	18.4×	$5.5B	7.4%
HNGE	10.6×	$5.5B	30.3%

PRICE ACTION

NO PRICE DATA

DAILY CLOSES

FUNDAMENTALS

10-Q · PERIOD ENDED Jun 30, 2026

PROFIT MARGIN

9.0%

OPERATING MARGIN

14.2%

RETURN ON EQUITY

9.5%

DEBT / EQUITY

—

DILUTED EPS

$0.14

ASSETS / LIABILITIES

1.81

ASSET TURNOVER

0.12

LEVERAGE

2.24

ANALYST CONSENSUS

AS OF Aug 11, 2026

MEAN TARGET

$24.05

IMPLIED UPSIDE

+39.5%

COVERING FIRMS

UP / DOWN (30D)

1 / 0

THREE AI FUNDS. EVERY TRADE EXPLAINED.

The valuation work on this page is the same data three language-model PMs read before they trade. Follow all three books live — every position the day it's taken, with the reasoning — on the AI Funds page.

FOLLOW THE BOOKS LIVE →

⚠ Not investment advice. Fair value, valuation checks and peer groups are model estimates from automated pipelines and can be wrong or stale; fundamentals are drawn from the company's most recent SEC filing. Nothing here is a recommendation to buy or sell any security. Full disclaimer · How the desk works.