The Trade Desk Inc. (TTD) will replace ANSYS Inc. in the S&P 500 on July 18, 2025, following ANSYS’ acquisition by Synopsys Inc. TTD shares rose by 6.6% to $80.40 after the announcement, reflecting strong investor interest. Being part of the S&P 500 boosts a company’s exposure and increases investor attention.

TTD operates a leading demand-side platform (DSP) for data-driven ads and aims for revenue growth, profitability, and expansion of its CTV offering. As per a report, the global digital ad spending market is forecasted to reach $1,483 billion by 2034, with TTD well-positioned to capitalize on the growing ad spend, particularly in CTV and retail media.

For the second quarter, TTD expects revenue of $682 million, reflecting 17% year-over-year growth, with adjusted EBITDA estimated at around $259 million. TTD competes with Amazon in cross-channel programmatic buying and with Alphabet in the open internet ad platform. Google’s ad revenues accounted for 75.6% of its total revenues in 2024.

TTD’s shares have gained 59.9% in the last three months, trading at a forward price-to-sales ratio of 12.57X, higher than the industry average. The Zacks Consensus Estimate for TTD’s earnings has remained stable, with a Zacks Rank #3 (Hold). Investors can access Zacks’ stock picks for $1, with various portfolio services available for review.

Read more at Nasdaq: The Trade Desk Stock Climbs Higher on S&P 500 Debut as ANSYS Drops Out