Trade Desk, the Communication Services sector company, was revisited by a Wall Street analyst today. Analyst Chris Kuntarich from UBS maintained a Buy rating on the stock and has a $82.00 price target.
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Chris Kuntarich has given his Buy rating due to a combination of factors that highlight Trade Desk’s potential for growth and strategic advancements. The company’s revenue growth trajectory is expected to accelerate significantly in the latter half of 2026, with a narrowing performance gap compared to competitors like META. This is supported by conservative revenue guidance, which, if exceeded, could lead to a notable increase in year-over-year growth.
Furthermore, Trade Desk is positioned to benefit from emerging trends such as AI-driven monetization through ad-supported models. The introduction of new features like Trading Modes and Audience Unlimited is expected to attract more advertisers, enhancing their campaign integration without negatively impacting take rates. Additionally, the company’s diversification strategy is reinforced by strong growth in various sectors and the expansion of joint business partnerships, which historically drive faster revenue growth. The strategic appointment of a new Chief Revenue Officer also signals a shift towards capturing mid-market opportunities, broadening Trade Desk’s market reach.