Direct Digital Holdings, Inc. (DRCT)

NASDAQ: DRCT · IEX Real-Time Price · USD
5.52
+0.13 (2.41%)
At close: Feb 7, 2023, 4:00 PM
5.25
-0.27 (-4.89%)
After-hours: Feb 7, 2023, 5:38 PM EST
2.41%
Market Cap 18.00M
Revenue (ttm) 71.52M
Net Income (ttm) 622,725
Shares Out 3.26M
EPS (ttm) -62.19
PE Ratio n/a
Forward PE 4.66
Dividend n/a
Ex-Dividend Date n/a
Volume 62,738
Open 5.29
Previous Close 5.39
Day's Range 5.16 - 5.53
52-Week Range 1.16 - 6.53
Beta n/a
Analysts Buy
Price Target 7.65 (+38.59%)
Earnings Date n/a

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. 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 an... [Read more]

IPO Date Feb 11, 2022
Employees 57
Stock Exchange NASDAQ
Ticker Symbol DRCT
Full Company Profile

Financial Performance

In 2021, DRCT's revenue was $38.14 million, an increase of 205.64% compared to the previous year's $12.48 million. Losses were -$1.51 million, 65.9% more than in 2020.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for DRCT stock is "Buy." The 12-month stock price forecast is $7.65, which is an increase of 38.59% from the latest price.

Price Target
$7.65
(38.59% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Direct Digital Holdings to Ring Nasdaq Closing Bell on Tuesday, February 14, 2023 to Celebrate One-Year Anniversary of Public Listing

HOUSTON , Feb. 6, 2023 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating thro...

1 day ago - PRNewsWire

Direct Digital Holdings Appoints Misty Locke, Former Global Chief Marketing Officer for Dentsu Media, to Board of Directors

Brings More than 20 Years of Deep Advertising Industry Insights and Expertise to the Company HOUSTON , Jan. 18, 2023 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdi...

2 weeks ago - PRNewsWire

Direct Digital Holdings to Participate in the 25th Annual ICR Conference

HOUSTON , Dec. 21, 2022 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating thr...

1 month ago - PRNewsWire

Direct Digital Holdings to Participate in The Benchmark Company 11th Annual Discovery One-on-One Investor Conference

HOUSTON , Nov. 28, 2022 /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 to Participate in the ROTH 11th Annual Technology Event

HOUSTON , Nov. 14, 2022 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating thr...

3 months ago - PRNewsWire

Direct Digital Holdings Reports Third Quarter 2022 Financial Results

Third Quarter 2022 Revenue Up 211% Year-Over-Year to $26.0 Million Third Quarter Net Income Up Year-Over-Year to $0.8 Million, or $0.06 per Share Company Raises Revenue Guidance to $85 Million-$90 Mil...

3 months ago - PRNewsWire

CafeMedia and Colossus SSP partner to connect advertisers to the largest network of minority-, women-, and veteran-owned sites

NEW YORK , Oct. 25, 2022 /PRNewswire/ -- CafeMedia, the ninth-largest digital property in the U.S. and the leader in ad management, announced today it has partnered with Colossus SSP, Direct Digital H...

3 months ago - PRNewsWire

Direct Digital Holdings to Report Third Quarter 2022 Financial Results

HOUSTON , Oct. 13, 2022 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform through its o...

4 months ago - PRNewsWire

Reasons to Add Direct Digital (DRCT) Stock to Your Portfolio

Direct Digital (DRCT) is expanding both buy-side and sell-side advertising.

5 months ago - Zacks Investment Research

3 Stocks to Watch From the Thriving Advertising & Marketing Industry

The Zacks Advertising and Marketing industry's prospects look good on healthy manufacturing and service activities. IPG, HHS and DRCT are likely to be industry frontrunners on digital marketing surge ...

Other symbols: HHSIPG
5 months ago - Zacks Investment Research

Direct Digital Holdings Appoints Maria Vilchez Lowrey as Chief Growth Officer for Next Phase of Growth

Proven Track-Record in Delivering Revenue & Channel Development Results in the Energy Sector to Power Direct Digital Holdings' Business Development HOUSTON, Aug. 22, 2022 /PRNewswire/ -- Direct Digita...

6 months ago - PRNewsWire

Direct Digital Holdings, Inc. (DRCT) Upgraded to Buy: What Does It Mean for the Stock?

Direct Digital Holdings, Inc. (DRCT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

6 months ago - Zacks Investment Research

Direct Digital Holdings Reports Second Quarter 2022 Financial Results

Second Quarter 2022 Revenue Up 90% Year-Over-Year to $21.3 Million Second Quarter Net Income Up 58% Year-Over-Year to $2.6 Million, or $0.18 per Share Company Raises Guidance to $70 Million-$75 Millio...

6 months ago - PRNewsWire

Reminder: Direct Digital Holdings to Report Second Quarter 2022 Financial Results

HOUSTON, Aug. 4, 2022  /PRNewswire/ -- Direct Digital Holdings (Nasdaq: DRCT) ("Direct Digital"), a leading advertising and marketing technology platform and owner of operating companies Colossus SSP,...

6 months ago - PRNewsWire

Direct Digital Holdings Announces Successful Extension To Existing Non-Dilutive Debt Facility

HOUSTON , Aug. 3, 2022 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital" or the "Company"), a leading advertising and marketing technology platform and owner of operating ...

6 months ago - PRNewsWire

Why Direct Digital Shares Are Skyrocketing Today

Direct Digital Holdings, Inc's (NASDAQ: DRCT) supply-side advertising platform, Colossus SSP, clocked 540% year-on-year revenue growth in Q1 of 2022. This uptick comes on the heels of Y/Y revenue grow...

7 months ago - Benzinga

GROWTH OF DIRECT DIGITAL HOLDINGS' COLOSSUS SSP REFLECTS STRONG RESULTS GENERATED FOR MULTICULTURAL & GENERAL MARKET PUBLISHERS AND LEADING BRANDS

SSP Kicked Off 2022 With Significant Revenue Growth – Q1 2021 vs Q1 2022 Marks 540% Upswing – Driven by Diverse Marketplace Approach & Opportunity for Marketers to Invest in Under-Represented Communit...

7 months ago - PRNewsWire

Noble Capital Markets Initiates Equity Research Coverage on Direct Digital Holdings

HOUSTON , July 15, 2022 /PRNewswire/ -- Direct Digital Holdings (Nasdaq: DRCT) ("Direct Digital"), a leading advertising and marketing technology platform, is pleased to announce that Noble Capital Ma...

7 months ago - PRNewsWire

Direct Digital Holdings to Report Second Quarter 2022 Financial Results

HOUSTON , July 11, 2022 /PRNewswire/ -- Direct Digital Holdings (Nasdaq: DRCT) ("Direct Digital"), a leading advertising and marketing technology platform, will report financial results for the second...

7 months ago - PRNewsWire

Direct Digital Holdings Voted as Top Minority-Owned Business by The Houston Business Journal

HOUSTON , July 1, 2022 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT), a leading advertising and marketing technology platform, today announced that it has been named a top minority-owne...

7 months ago - PRNewsWire

ORANGE142 TAPPED BY EMORY'S GOIZUETA BUSINESS SCHOOL AS DIGITAL ADVERTISING SERVICES PROVIDER

Charged with Executing the School's Digital Advertising & Enrollment Marketing HOUSTON , June 29, 2022 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) today announced that its buy-side ad...

7 months ago - PRNewsWire

Direct Digital Holdings to Participate in the LD Micro Invitational XII

HOUSTON, May 31, 2022 /PRNewswire/ -- Direct Digital Holdings (Nasdaq: DRCT), a leading advertising and marketing technology platform, today announced that Keith Smith, President and Co-Founder of Dir...

9 months ago - PRNewsWire

Direct Digital Holdings to Participate in the Loop Capital Markets 2022 Investor Conference

HOUSTON , May 27, 2022 /PRNewswire/ -- Direct Digital Holdings (Nasdaq: DRCT), a leading advertising and marketing technology platform, today announced that Mark Walker, Chief Executive Officer and Co...

9 months ago - PRNewsWire

Direct Digital Holdings Reports First Quarter 2022 Financial Results

First Quarter 2022 Revenue Up 100% Year-Over-Year to $11.4 Million HOUSTON , May 12, 2022 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital"), a leading advertising and mar...

9 months ago - PRNewsWire

Reminder: Direct Digital Holdings to Report First Quarter 2022 Financial Results

HOUSTON , May 11, 2022 /PRNewswire/ -- Direct Digital Holdings (Nasdaq: DRCT) ("Direct Digital"), a leading advertising and marketing technology holding group, will report financial results for the fi...

9 months ago - PRNewsWire