Meta, Trade Desk, Amazon: Digital Ad Titans Set For Strong 2025 Growth, Tech Analyst Says
Portfolio Pulse from Surbhi Jain
Wedbush Securities' analyst Dan Ives reports positive momentum for digital advertising giants Meta, The Trade Desk, and Amazon, with strong growth expected into 2025. Advertisers plan to increase spending on these platforms, potentially exceeding market expectations.
October 02, 2024 | 3:39 pm
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POSITIVE IMPACT
Amazon's ad business shows sequential improvement in Q3, with a healthy year-over-year growth expected despite slight slowdown predictions.
Amazon's ad business shows sequential improvement in Q3, and despite expectations of a slight slowdown, a healthy year-over-year growth of over 19% is anticipated.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 80
POSITIVE IMPACT
Meta is expected to outperform consensus estimates for 2025 as advertisers plan to increase spending, countering market slowdown expectations.
Advertisers plan to accelerate spending on Meta's platform in 2025, suggesting stronger growth than market models predict. This positive sentiment could lead to Meta outperforming consensus estimates.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
The Trade Desk is experiencing accelerating growth, with stronger performance expected as advertisers report increased spending.
Advertisers report stronger growth for The Trade Desk in Q3 compared to Q2, indicating accelerating growth. This suggests a stronger performance than consensus expectations.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 85