Direct Digital Holdings, Inc. (DRCT)

NASDAQ: DRCT · Real-Time Price · USD
1.350
-0.200 (-12.90%)
Jan 7, 2025, 11:29 AM EST - Market open
-12.90%
Market Cap 5.13M
Revenue (ttm) 94.22M
Net Income (ttm) -6.51M
Shares Out 3.80M
EPS (ttm) -1.85
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 330,282
Open 1.520
Previous Close 1.550
Day's Range 1.311 - 1.520
52-Week Range 0.510 - 35.880
Beta 6.64
Analysts Strong Buy
Price Target 21.00 (+1,455.56%)
Earnings Date Nov 12, 2024

About DRCT

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. Direct Digital Holdings, Inc. serves various industry verticals, such as travel, education, healthcare, financial services, consumer products, and other sectors with a focus on small and mid-sized busin... [Read more]

IPO Date Feb 11, 2022
Employees 90
Stock Exchange NASDAQ
Ticker Symbol DRCT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for DRCT stock is "Strong Buy." The 12-month stock price forecast is $21.0, which is an increase of 1,455.56% from the latest price.

Price Target
$21.0
(1,455.56% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Bronstein, Gewirtz & Grossman, LLC Encourages Direct Digital Holdings Inc. (DRCT) Stockholders to Inquire about Securities Investigation

NEW YORK CITY, NY / ACCESSWIRE / January 7, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Direct Digital Holdings Inc. ("Direct Digital" or "th...

1 hour ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Direct Digital Holdings Inc. (DRCT) and Encourages Investors to Learn More About the Investigation

NEW YORK CITY, NY / ACCESSWIRE / January 6, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Direct Digital Holdings Inc. ("Direct Digital" or "th...

1 day ago - Accesswire

Direct Digital Holdings Inc. (DRCT) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Shareholders to Contact the Firm to Learn More About the Investigation

NEW YORK CITY, NY / ACCESSWIRE / January 5, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Direct Digital Holdings Inc. ("Direct Digital" or "th...

2 days ago - Accesswire

Direct Digital Holdings Inc. (DRCT) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Stockholders to Contact the Firm to Learn More About the Investigation

NEW YORK CITY, NY / ACCESSWIRE / January 3, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Direct Digital Holdings Inc. ("Direct Digital" or "th...

4 days ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Encourages Direct Digital Holdings Inc. (DRCT) Investors to Inquire about Securities Investigation

NEW YORK, NY / ACCESSWIRE / January 2, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Direct Digital Holdings Inc. ("Direct Digital" or "the Com...

5 days ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Direct Digital Holdings Inc. (DRCT) and Encourages Stockholders to Learn More About the Investigation

NEW YORK CITY, NY / ACCESSWIRE / January 2, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Direct Digital Holdings Inc. ("Direct Digital" or "th...

5 days ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Direct Digital Holdings Inc. (DRCT) And Encourages Investors to Reach Out

NEW YORK CITY, NY / ACCESSWIRE / December 31, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Direct Digital Holdings Inc. ("Direct Digital" or "...

7 days ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Direct Digital Holdings Inc. (DRCT) And Encourages Stockholders to Reach Out

NEW YORK CITY, NY / ACCESSWIRE / December 30, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Direct Digital Holdings Inc. ("Direct Digital" or "...

7 days ago - Accesswire

Orange 142 Recognized with Multiple Industry Awards for Digital Marketing Excellence

Leading Industry Organizations Honor Company's Outstanding Performance in Search, Social, Display and Web Design AUSTIN, Texas , Nov. 26, 2024 /PRNewswire/ -- Orange 142 , a division of Direct Digital...

6 weeks ago - PRNewsWire

Direct Digital Holdings to Participate in Noble Capital Markets' Twentieth Annual Emerging Growth Equity Conference

HOUSTON , Nov. 25, 2024 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating thr...

6 weeks ago - PRNewsWire

Orange 142 Introduces Emerging Channels Council to Guide SMBs in Retail Media, Social Media, and Connected TV

The new council empowers SMBs to effectively integrate these channels into their marketing strategies HOUSTON , Nov. 22, 2024 /PRNewswire/ -- Orange 142, a division of Direct Digital Holdings ( NASDAQ...

6 weeks ago - PRNewsWire

Direct Digital Holdings Ranked Number 101 Fastest-Growing Company in North America on the 2024 Deloitte Technology Fast 500™

Company's 1184% Revenue Growth Driven By Strategic & Operational Investments in Sell-Side Technology stack  Inclusion Marks the Company's Second Consecutive Appearance on the List HOUSTON , Nov. 21, 2...

6 weeks ago - PRNewsWire

More Upside In VEON Due To Strong MultiUser And Direct Digital Revenue Growth

Upgraded VEON Ltd. shares in May and reiterated in July; shares have since rallied 36% and 25%, respectively, with more upside expected. Q3 revenue growth of 9.8% in USD and 14% in local currency, dri...

Other symbols: VEON
6 weeks ago - Seeking Alpha

Direct Digital Holdings, Inc. (DRCT) Q3 2024 Earnings Call Transcript

Direct Digital Holdings, Inc. (NASDAQ:DRCT) Q3 2024 Earnings Conference Call November 12, 2024 5:00 PM ET Company Participants Brett Milotte - Investor Relations, ICR Mark Walker - Chairman & Chief E...

7 weeks ago - Seeking Alpha

Colossus SSP Launches 'Momentum' Program to Empower Underrepresented Publishers

This program equips diverse publishers with essential resources to thrive in the evolving digital advertising landscape. HOUSTON , Nov. 13, 2024 /PRNewswire/ --  Colossus Media LLC ("Colossus SSP"), t...

7 weeks ago - PRNewsWire

Direct Digital Holdings Reports Q3 2024 Financial Results

Company Launches Colossus Connections to Accelerate Direct Integration Efforts with Leading Demand-Side Platforms New Unified Buy-Side Operating Structure Creates Additional Business Lines and Revenue...

7 weeks ago - PRNewsWire

Colossus SSP Launches Colossus Connections to Enhance Supply Path Efficiency for Advertisers

New Colossus Connections initiative delivers on supply path optimization, while maximizing media budgets for advertisers HOUSTON , Nov. 12, 2024 /PRNewswire/ --  Colossus Media LLC ("Colossus SSP"), a...

2 months ago - PRNewsWire

Direct Digital Holdings to Report Third Quarter 2024 Financial Results

HOUSTON , Nov. 8, 2024 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating thro...

2 months ago - PRNewsWire

Direct Digital Holdings Unifies Orange 142 and Huddled Masses to Power Client Growth in Digital Marketing and Advertising

The strategic merger of its buy-side businesses combines expertise and resources to expand capabilities and better serve Mid-Market & SMBs navigating the digital landscape HOUSTON , Oct. 31, 2024 /PRN...

2 months ago - PRNewsWire

Direct Digital Holdings Announces Strategic $20 Million Equity Reserve Facility to Accelerate Growth Plan

HOUSTON , Oct. 21, 2024 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating thr...

2 months ago - PRNewsWire

Direct Digital Holdings Regains Nasdaq Compliance

HOUSTON , Oct. 16, 2024 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating thr...

2 months ago - PRNewsWire

Direct Digital Holdings Reports Filings for Full-Year 2023, Q1 2024 and Q2 2024

HOUSTON , Oct. 15, 2024 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating thr...

2 months ago - PRNewsWire

Colossus SSP Joins Industry Initiative to Bring Transparency to Digital Ad Auctions

The participation aims to enhance industry standards while creating new opportunities for diverse digital publishers. HOUSTON , Oct. 9, 2024 /PRNewswire/ -- Colossus Media LLC ("Colossus SSP"), the in...

3 months ago - PRNewsWire

Colossus SSP and Confiant Drive Unprecedented Safety and Ad Quality with Industry-Leading Partnership

Partnership Reduces Malicious Ads and Enhances Security, Improving Ad Quality for Publishers and Advertisers Across the Digital Ecosystem HOUSTON , Oct. 8, 2024 /PRNewswire/ -- Colossus Media LLC ("Co...

3 months ago - PRNewsWire

Direct Digital Holdings Announces Receipt of Anticipated Additional Delinquency Notice

HOUSTON , Aug. 27, 2024 /PRNewswire/ -- Today, Direct Digital Holdings, Inc. (the "Company") reported that the Company received an additional delinquency notice (the "Notice") from the Listing Qualifi...

4 months ago - PRNewsWire