The analyst is bullish on TTD, viewing the current price as a buying opportunity due to structural business strength and potential earnings catalyst.
TTD is structurally intact with dominant market position and high retention; current price reflects bad news; potential inflection if Q2 earnings meet guidance.
$TTD at – $19 is a massive compression from its highs — the business is structurally intact (dominant independent DSP, CTV tailwinds, 95%+ retention), and you’re buying at a point where a lot of bad news is already priced in. The risk is that macro ad spend deteriorates further or the stock continues to drift lower before a catalyst. If Q2 earnings (Aug 6) deliver on that $750M guide, this could be the inflection point. Not financial advice.
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | +2.0% | +1.5% |
| 1 week | -2.1% | -3.3% |
| 1 month | +4.7% | +3.2% |
| 3 months | — | — |
| 6 months | — | — |