Direct Digital Holdings, Inc. (DRCT)
NASDAQ: DRCT · Real-Time Price · USD
1.450
-0.050 (-3.33%)
Jan 15, 2025, 12:53 PM EST - Market open
Direct Digital Holdings Stock Forecast
DRCT's stock price has decreased by -88.05% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 2 analysts with 12-month price forecasts for DRCT stock have an average target of 21, with a low estimate of 19 and a high estimate of 23. The average target predicts an increase of 1,348.28% from the current stock price of 1.45.
Analyst Consensus: Strong Buy
* Price targets were last updated on Apr 24, 2024.
Analyst Ratings
The average analyst rating for DRCT stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Reiterates $23 | Strong Buy | Reiterates | $23 | +1,486.21% | Apr 24, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $28 → $19 | Strong Buy | Maintains | $28 → $19 | +1,210.34% | Mar 27, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $30 → $23 | Strong Buy | Maintains | $30 → $23 | +1,486.21% | Mar 27, 2024 |
| Noble Capital Markets | Noble Capital Markets | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Mar 27, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $13 → $28 | Strong Buy | Maintains | $13 → $28 | +1,796.55% | Mar 13, 2024 |
Financial Forecast
Revenue This Year
66.83M
from 157.11M
Decreased by -57.47%
Revenue Next Year
91.71M
from 66.83M
Increased by 37.23%
EPS This Year
0.26
from -0.73
EPS Next Year
0.41
from 0.26
Increased by 59.48%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 71.1M | 101.9M | 109.0M |
| Avg | 66.8M | 91.7M | 105.9M |
| Low | 61.3M | 81.5M | 101.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -54.8% | 52.4% | 18.9% |
| Avg | -57.5% | 37.2% | 15.5% |
| Low | -61.0% | 21.9% | 11.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.32 | 0.47 | -1.80 |
| Avg | 0.26 | 0.41 | -1.74 |
| Low | 0.21 | 0.32 | -1.68 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 81.7% | - |
| Avg | - | 59.5% | - |
| Low | - | 24.3% | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.