Direct Digital Holdings, Inc. (DRCT)

NASDAQ: DRCT · Real-Time Price · USD
1.070
-0.100 (-8.55%)
Dec 3, 2024, 11:27 AM EST - Market open
-8.55%
Market Cap 4.07M
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 67,897
Open 1.150
Previous Close 1.170
Day's Range 1.030 - 1.150
52-Week Range 1.030 - 35.880
Beta 6.82
Analysts Strong Buy
Price Target 21.00 (+1,862.62%)
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 1,862.62% from the latest price.

Price Target
$21.0
(1,862.62% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

7 days 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...

8 days 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...

11 days 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...

11 days 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
13 days 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...

18 days 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...

20 days 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...

20 days 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...

21 days 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...

25 days 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...

4 weeks 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...

6 weeks 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...

6 weeks 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...

6 weeks 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...

7 weeks 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...

2 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...

3 months ago - PRNewsWire

The Schall Law Firm Encourages Shareholders Who Suffered Losses In Direct Digital Holdings Inc To Initiate Conversation Before The Deadline

LOS ANGELES, CA / ACCESSWIRE / July 22, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Direct Digital Holdings, Inc. ("D...

4 months ago - Accesswire

Shareholders of Direct Digital Holdings, Inc. Should Contact The Schall Law Firm Before July 22, 2024 - DRCT

LOS ANGELES , July 22, 2024 /PRNewswire/ -- The Schall Law Firm , a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Direct Digital Holdings, Inc. ("Dir...

4 months ago - PRNewsWire

The Schall Law Firm Motivates Shareholders Who Suffered Losses In Direct Digital Holdings Inc To Initiate Discussion Before The Deadline

LOS ANGELES, CA / ACCESSWIRE / July 19, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Direct Digital Holdings, Inc. ("D...

4 months ago - Accesswire

Faruqi & Faruqi LLP Reminds Shareholders of a Lead Plaintiff Deadline on July 22, 2024 in Direct Digital Lawsuit

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Direct Digital To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in...

4 months ago - PRNewsWire

DRCT Investors Have Opportunity to Join Direct Digital Holdings, Inc. Securities Fraud Investigation with the Schall Law Firm

LOS ANGELES--(BUSINESS WIRE)--DRCT Investors Have Opportunity to Join Direct Digital Holdings, Inc. Securities Fraud Investigation with the Schall Law Firm.

4 months ago - Business Wire

The Schall Law Firm Urges Shareholders Who Incurred Losses In Direct Digital Holdings Inc To Begin Dialogue Prior To The Deadline

LOS ANGELES, CA / ACCESSWIRE / July 18, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Direct Digital Holdings, Inc. ("D...

4 months ago - Accesswire

IMMINENT SHAREHOLDER DEADLINE: Direct Digital Sued by Block & Leviton for Securities Fraud; Investors Who Lost Money Should Contact the Firm

BOSTON, MA / ACCESSWIRE / July 16, 2024 / Block & Leviton LLP (www.blockleviton.com), a national securities litigation firm, reminds investors that it has filed a class action lawsuit on behalf of sha...

4 months ago - Accesswire

The Schall Law Firm Motivates Shareholders Who Experienced Losses In Direct Digital Holdings Inc To Begin Dialogue Prior To The Deadline

LOS ANGELES, CA / ACCESSWIRE / July 16, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Direct Digital Holdings, Inc. ("D...

4 months ago - Accesswire