Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Digital Brands Group, Inc. Market Cap
From what 0 stock analysts predict, the share price for Digital Brands Group, Inc. (DBGI) might decrease by 100% in the next year. This is based on a 12-month average estimation for DBGI. Price targets go from $ to $. The majority of stock analysts believe DBGI is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
DBGI is a stock in Consumer Discretionary which has been forecasted to be worth $ as an average. On the higher end, the forecast price is $ USD by from and on the lower end DBGI is forecasted to be $ by from .
These are the latest 20 analyst ratings of DBGI.
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When did it IPO
2021
Staff Count
56
Country
United States
Sector/Industry
Consumer Cyclical/Apparel Retail
CEO
Mr. John Hilburn Davis IV
Market Cap
$1.6M
In 2023, DBGI generated $14.9M in revenue, which was a increase of 44.35% from the previous year. This can be seen as a signal that DBGI's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Mon, 19 Aug 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Digital Brands Group, Inc. (NASDAQ:DBGI ) Q2 2024 Earnings Conference Call August 19, 2024 5:00 PM ET Company Participants John McNamara - IR Hil Davis - CEO Conference Call Participants Operator Greetings. Welcome to the Digital Brands Group Second Quarter 2024 Conference Call.
Mon, 19 Aug 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Austin, TX, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG”) (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, today reported financial results for its second quarter ended June 30, 2024.
Wed, 14 Aug 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Austin, TX, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG”) (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, will report financial results for the second quarter ended June 30, 2024 on Monday, August 19, 2024 at 4:30 p.m. ET.
Wed, 31 Jul 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Austin, TX, July 31, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG”) (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, today announces a successful launch of its new DTC strategy. The new strategy focuses on driving significant customer value through discounts offered to customers who bundle multiple units in one purchase, which is referred to as “Build Your Own Bundle” or BYOB. Since launching this new BYOB strategy in mid-June, DSTLD has experienced a 144% increase in its orders. Additionally, DSTLD orders are up 400%+ when there are dedicated email campaigns featuring this BYOB promotion.
Mon, 20 May 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Digital Brands Group, Inc. (NASDAQ:DBGI ) Q1 2024 Earnings Conference Call May 20, 2024 10:30 AM ET Company Participants John McNamara - IR Hil Davis - CEO Operator Greetings. Welcome to the Digital Brands Group Q1 2024 Conference Call.
Mon, 20 May 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Loss from operations was $225,000 versus $3.7 million a year ago Austin, TX, May 20, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG”) (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, today reported financial results for its first quarter ended March 31, 2024. “Despite a timing shift in our wholesale shipments, which shifted revenue from the first quarter to the second quarter, we experienced significant operating expense leverage.
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