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A little-known technology stock could win big from Netflix 's shift in advertising strategy. The streaming giant announced Wednesday that it plans to debut its own advertising platform and partner with companies such as The Trade Desk and Magnite as its global ad-tier reaches 40 million monthly subscribers worldwide. While the partnership may take time to ramp up, Citi's Ygal Arounian estimates that it could add $500 million in 2025 gross billings to The Trade Desk. Every 10% of business funneled through The Trade Desk by 2026 could generate 2% upside to revenues, he estimates. "We also highlight TTD's scarcity value as the only scaled independent [demand-side platform] and its leadership in the highly-coveted CTV category."
Persons: Piper Sandler, Matt Farrell, Farrell, Morgan Stanley's Matthew, Chris Kuntarich Organizations: Netflix, billings, The, CTV, UBS
UBS thinks Duolingo can find more growth drivers from artificial intelligence and higher pricing for subscriptions. The bank began coverage of the language education stock on Wednesday with a buy rating and a $195 per share price target. Analyst Chris Kuntarich said Duolingo is a "best-in-class brand" that has more room to grow before fully penetrating its potential user base — which could be boosted by artificial intelligence. The analyst also noted optimism on future subscriber monetization through the company's family plan and "Max" tier, which is double the cost of its Super subscription. DUOL YTD mountain Duolingo stock has added more than 116% from the start of the year.
Persons: Duolingo, Chris Kuntarich, DUOL, Kuntarich, Max, skyrocketing, — CNBC's Michael Bloom Organizations: UBS
A hefty product suite and rising brand awareness could propel Squarespace shares, according to UBS. The investment bank initiated coverage of Squarespace with a buy rating accompanied by a price target of $40 per share. Analyst Chris Kuntarich highlighted Squarespace's suite of content-generation AI products as a driver behind near-term subscriber monetization and long-term subscriber growth. Shares of the website builder have gained 24% this year, outperforming the S & P 500's 12.8% advance in that time. SQSP YTD mountain SQSP ytd chart — Michael Bloom contributed to this report
Persons: Chris Kuntarich, Kuntarich, SQSP, they've, Michael Bloom Organizations: UBS, Google
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