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S&P 500   3,693.23
DOW   29,590.41
QQQ   275.51
Get 1TB of Top-Rated Cloud Storage for Life for Just $112
The 3-Stock Retirement Blueprint (Ad)
Saudi Arabia's triumphant week reclaims the West's embrace
Poverty, inflation, fear: Egypt's economy pushed to brink
Sell every Stock except ONE (Ad)
Germany secures more gas shipments as Scholz visits Gulf
Labour conference starts with focus on 'immoral' tax cuts
Sell every Stock except ONE (Ad)
German leader continues Gulf tour with stops in UAE, Qatar
Poverty and inflation: Egypt's economy hit by global turmoil
S&P 500   3,693.23
DOW   29,590.41
QQQ   275.51
Get 1TB of Top-Rated Cloud Storage for Life for Just $112
The 3-Stock Retirement Blueprint (Ad)
Saudi Arabia's triumphant week reclaims the West's embrace
Poverty, inflation, fear: Egypt's economy pushed to brink
Sell every Stock except ONE (Ad)
Germany secures more gas shipments as Scholz visits Gulf
Labour conference starts with focus on 'immoral' tax cuts
Sell every Stock except ONE (Ad)
German leader continues Gulf tour with stops in UAE, Qatar
Poverty and inflation: Egypt's economy hit by global turmoil
S&P 500   3,693.23
DOW   29,590.41
QQQ   275.51
Get 1TB of Top-Rated Cloud Storage for Life for Just $112
The 3-Stock Retirement Blueprint (Ad)
Saudi Arabia's triumphant week reclaims the West's embrace
Poverty, inflation, fear: Egypt's economy pushed to brink
Sell every Stock except ONE (Ad)
Germany secures more gas shipments as Scholz visits Gulf
Labour conference starts with focus on 'immoral' tax cuts
Sell every Stock except ONE (Ad)
German leader continues Gulf tour with stops in UAE, Qatar
Poverty and inflation: Egypt's economy hit by global turmoil
NASDAQ:DRCT

Direct Digital - DRCT Stock Forecast, Price & News

$2.22
-0.06 (-2.63%)
(As of 09/23/2022 12:00 AM ET)
Add
Compare
Today's Range
$2.13
$2.33
50-Day Range
$1.49
$3.45
52-Week Range
$1.16
$5.49
Volume
61,315 shs
Average Volume
57,680 shs
Market Capitalization
$7.02 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.17

Direct Digital MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
177.8% Upside
$6.17 Price Target
Short Interest
Healthy
2.89% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$187,800 Sold Last Quarter
Proj. Earnings Growth
39.02%
From $0.41 to $0.57 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.43 out of 5 stars

DRCT stock logo

About Direct Digital (NASDAQ:DRCT) Stock

Direct Digital Holdings, Inc. operates as an end-to-end full-service programmatic advertising platform. The company's platform primarily focuses on providing advertising technology, data-driven campaign optimization, and other solutions to underserved and less efficient markets on both the buy- and sell-side of the digital advertising ecosystem. It serves various industry verticals, such as travel, healthcare, education, financial services, consumer products, etc. with focus on small- and mid-sized businesses. The company was founded in 2018 and is headquartered in Houston, Texas.

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DRCT Stock News Headlines

/C O R R E C T I O N -- Direct Digital Holdings/
Splatoon 3 Direct's Biggest Reveals
Why Direct Digital Shares Are Skyrocketing Today
Direct Digital Holdings Misses Q1 EPS by 3c
See More Headlines
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DRCT Company Calendar

Last Earnings
8/11/2022
Today
9/25/2022
Next Earnings (Estimated)
11/10/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Current Symbol
NASDAQ:DRCT
Fax
N/A
Employees
2,021
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$6.17
High Stock Price Forecast
$9.00
Low Stock Price Forecast
$4.00
Forecasted Upside/Downside
+177.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$38.14 million

Miscellaneous

Free Float
N/A
Market Cap
$7.02 million
Optionable
Not Optionable
Beta
N/A

Key Executives

  • Mr. Mark D. Walker (Age 46)
    CEO & Chairman
    Comp: $523.79k
  • Mr. Keith W. Smith (Age 53)
    Founder, Pres & Director
    Comp: $556.55k
  • Ms. Susan Echard (Age 58)
    Chief Financial Officer
  • Ms. Anu Pillai (Age 51)
    Chief Technology Officer













DRCT Stock - Frequently Asked Questions

Should I buy or sell Direct Digital stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Direct Digital in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" DRCT shares.
View DRCT analyst ratings
or view top-rated stocks.

What is Direct Digital's stock price forecast for 2022?

3 Wall Street analysts have issued 12 month price objectives for Direct Digital's shares. Their DRCT share price forecasts range from $4.00 to $9.00. On average, they expect the company's share price to reach $6.17 in the next twelve months. This suggests a possible upside of 177.8% from the stock's current price.
View analysts price targets for DRCT
or view top-rated stocks among Wall Street analysts.

How have DRCT shares performed in 2022?

Direct Digital's stock was trading at $3.00 at the beginning of the year. Since then, DRCT shares have decreased by 26.0% and is now trading at $2.22.
View the best growth stocks for 2022 here
.

When is Direct Digital's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 10th 2022.
View our DRCT earnings forecast
.

How were Direct Digital's earnings last quarter?

Direct Digital Holdings, Inc. (NASDAQ:DRCT) posted its earnings results on Thursday, August, 11th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.13. The firm earned $21.26 million during the quarter, compared to analyst estimates of $14.36 million.

What guidance has Direct Digital issued on next quarter's earnings?

Direct Digital issued an update on its FY 2022 earnings guidance on Friday, September, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $70.00 million-$75.00 million, compared to the consensus revenue estimate of $51.90 million.

When did Direct Digital IPO?

(DRCT) raised $18 million in an initial public offering (IPO) on Friday, February 11th 2022. The company issued 2,200,000 shares at a price of $7.00-$9.00 per share. The Benchmark Company and Roth Capital Partners acted as the underwriters for the IPO.

What is Direct Digital's stock symbol?

Direct Digital trades on the NASDAQ under the ticker symbol "DRCT."

When did the company's lock-up period expire?

Direct Digital's lock-up period expired on Wednesday, August 10th. Direct Digital had issued 2,800,000 shares in its initial public offering on February 11th. The total size of the offering was $15,400,000 based on an initial share price of $5.50. Shares of the company owned by company insiders and major shareholders are now eligible to be traded as a result of the end of the lock-up period.

How do I buy shares of Direct Digital?

Shares of DRCT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Direct Digital's stock price today?

One share of DRCT stock can currently be purchased for approximately $2.22.

How much money does Direct Digital make?

Direct Digital (NASDAQ:DRCT) has a market capitalization of $7.02 million and generates $38.14 million in revenue each year.

How many employees does Direct Digital have?

The company employs 2,021 workers across the globe.

How can I contact Direct Digital?

The official website for the company is www.directdigitalholdings.com. The company can be reached via phone at 832-402-1051.

This page (NASDAQ:DRCT) was last updated on 9/25/2022 by MarketBeat.com Staff

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