Trade desk stock forecast for Q3 2024 suggests potential upside

Trade Desk stock forecast for Q3 2024 suggests potential upside as programmatic ad demand remains strong. Analysts cite a 14% YoY revenue growth projection, with EPS likely to beat consensus if CTV ad spend accelerates. Support levels seen near $87, resistance around $ Mirion Technologies is trading at US$23.26, slightly below its fair value estimate of US$26.36, indicating potential undervaluation based on cash flows. The company's earnings are projected to grow significantly at 103.5% annually, surpassing the broader US market's growth rate of 15.4%. Recent developments include a partnership with the IAEA and successful equity and fixed-income offerings totaling nearly $695 million, which may bolster its financial position and future growth prospects in radiation detection technology. A better setup would be a period when the market resets expectations and the stock trades closer to a mid- to high-30s price-to-earnings ratio . This, of course, isn't a forecast for where The Trade Desk's valuation multiple is headed. It's just the kind of valuation that has historically offered a cleaner margin of safety for high-quality growth companies. Revised Trade Desk stock forecast after the latest industry conference indicates strong pipeline growth. Advertisers expanding into data-rich retail and travel segments are projected to elevate quarterly billings by 12–15%.