Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Direct Digital Holdings, Inc. Market Cap
Based on ratings from 3 stock analysts, the Direct Digital Holdings, Inc. stock price is expected to increase by 476.92% in 12 months. This is calculated by using the average 12-month stock price forecast for Direct Digital Holdings, Inc.. The lowest target is $2.5 and the highest is $8. Please note analyst price targets are not guaranteed and could be missed completely.
DRCT is a stock in Communication Services which has been forecasted to be worth $5.25 as an average. On the higher end, the forecast price is $8 USD by Edward Reilly from EF Hutton and on the lower end DRCT is forecasted to be $2.5 by from .
These are the latest 20 analyst ratings of DRCT.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Daniel Kurnos Benchmark | Buy | $23 | Reiterates | Apr 24, 2024 |
| Michael Kupinski Noble Capital Markets | Market Perform | Downgrade | Mar 27, 2024 | |
| Darren Aftahi Roth MKM | Buy | $19 | Maintains | Mar 27, 2024 |
| Daniel Kurnos Benchmark | Buy | $23 | Maintains | Mar 27, 2024 |
| Darren Aftahi Roth MKM | Buy | $27.5 | Maintains | Mar 13, 2024 |
| Daniel Kurnos Benchmark | Buy | $30 | Maintains | Mar 6, 2024 |
| Darren Aftahi Roth MKM | Buy | $12.5 | Maintains | Nov 28, 2023 |
| Daniel Kurnos Benchmark | Buy | $15 | Maintains | Nov 10, 2023 |
| Darren Aftahi Roth MKM | Buy | $5.25 | Reiterates | Sep 27, 2023 |
| Edward Reilly EF Hutton | Buy | $8 | Maintains | May 15, 2023 |
| Edward Reilly EF Hutton | Buy | $5.5 | Reiterates | Apr 20, 2023 |
| Edward Reilly EF Hutton | Buy | $5.5 | Maintains | Mar 27, 2023 |
| Daniel Kurnos Benchmark | Buy | $10 | Reiterates | Mar 24, 2023 |
| Edward Reilly EF Hutton | Buy | $7 | Initiates | Feb 9, 2023 |
| Michael Kupinski Noble Capital Markets | Outperform | $5.5 | Initiates | Jul 12, 2022 |
Roth Capital | Buy | Initiates | Mar 28, 2022 | |
Benchmark | Buy | Initiates | Mar 9, 2022 |
When did it IPO
2021
Staff Count
90
Country
United States
Sector/Industry
Communication Services/Advertising Agencies
CEO
Mr. Mark D. Walker
Market Cap
$17.7M
In 2023, DRCT generated $157.1M in revenue, which was a increase of 75.82% from the previous year. This can be seen as a signal that DRCT'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, 25 Nov 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Direct Digital Holdings, Inc. (Nasdaq: DRCT) will attend NobleCon20 in Boca Raton, FL, on December 3-4, 2024, with management available for one-on-one meetings.
Why It Matters - Direct Digital Holdings' participation in NobleCon20 signals active engagement with investors, which may enhance visibility and confidence in the company's growth prospects.
Tue, 26 Nov 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Orange 142, a division of Direct Digital Holdings (NASDAQ: DRCT), has received multiple industry awards for its excellence in digital marketing, covering search, social, display, and web design.
Why It Matters - Awards for Orange 142 highlight strong performance and industry recognition, potentially boosting investor confidence in Direct Digital Holdings' growth and market position in digital marketing.
Fri, 22 Nov 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Orange 142, a division of Direct Digital Holdings (NASDAQ: DRCT), has launched an Emerging Channels Council to assist SMBs in utilizing new advertising channels like Retail Media and CTV.
Why It Matters - The formation of the Emerging Channels Council positions Direct Digital Holdings to capture growth in the expanding SMB market, enhancing revenue potential and overall investor confidence.
Thu, 21 Nov 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Direct Digital Holdings (Nasdaq: DRCT) reported a 1184% revenue growth, ranking 101 on the Deloitte Technology Fast 500 for 2024, marking its second consecutive year on the list.
Why It Matters - Direct Digital Holdings' 1184% revenue growth and consecutive ranking on Deloitte's Fast 500 highlight strong performance and market potential, signaling robust investment prospects and increasing investor confidence.
Wed, 20 Nov 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - VEON Ltd. shares rose 36% and 25% following upgrades. Q3 revenue grew 9.8% in USD, driven by digital expansion, with a 9% annual growth forecast and 50%+ earnings increase expected.
Why It Matters - VEON Ltd.'s strong revenue growth, share rally, and expected earnings increase indicate robust performance, making it an attractive investment opportunity with potential for further gains.
Fri, 15 Nov 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Direct Digital Holdings, Inc. (NASDAQ: DRCT) will hold its Q3 2024 earnings conference call on November 12, 2024, at 5:00 PM ET, featuring key company executives and analysts.
Why It Matters - The earnings call will provide insights into Direct Digital Holdings' Q3 performance, impacting stock valuation and investor sentiment based on financial health and future outlook.
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