At Extreme Investor Network, we pride ourselves on bringing you the latest and most impactful investment opportunities. Today, we are excited to share with you a hidden gem in the technology sector that could see significant gains from Netflix’s shift in advertising strategy.
Netflix recently announced its plans to launch its own advertising platform and partner with companies like The Trade Desk and Magnite as its global ad tier expands to 40 million monthly subscribers worldwide. This news has caught the attention of analysts and investors alike, with Piper Sandler analyst Matt Farrell expressing confidence in The Trade Desk’s unique position within the connected TV landscape.
Farrell has set a price target of $110 for the stock, representing a potential 22% upside from its current value. With shares already up 5% during Thursday’s session and more than 30% year to date, the partnership between Netflix and The Trade Desk could be a game-changer.
Citi’s Ygal Arounian estimates that the partnership could add $500 million in gross billings to The Trade Desk by 2025, while Morgan Stanley’s Matthew Cost predicts that Netflix’s advertising-based video on demand could yield $3 billion. Cost also points out that every 10% of business funneled through The Trade Desk by 2026 could generate a 2% upside to revenues.
UBS analyst Chris Kuntarich sees this deal as just the beginning of a wave of positive developments for The Trade Desk. He believes that there is potential for even more partnerships in the future, potentially with tech giants like Amazon.
As experts in the investing world, we see The Trade Desk as a standout opportunity with a strong competitive position, low variable costs, and a business model poised for growth. Don’t miss out on this potential winner in the evolving landscape of advertising and technology.
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