Direct Digital Holdings, Inc. (DRCT)
NASDAQ: DRCT · IEX Real-Time Price · USD
5.68
-0.44 (-7.19%)
At close: Apr 26, 2024, 4:00 PM
5.75
+0.07 (1.23%)
After-hours: Apr 26, 2024, 5:34 PM EDT
Direct Digital Holdings Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for DRCT stock have an average target of 16.67, with a low estimate of 8.00 and a high estimate of 23. The average target predicts an increase of 193.49% from the current stock price of 5.68.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for DRCT stock from 4 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Reiterates $23 | Strong Buy | Reiterates | $23 | +304.93% | Apr 24, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $28 → $19 | Strong Buy | Maintains | $28 → $19 | +234.51% | Mar 27, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $30 → $23 | Strong Buy | Maintains | $30 → $23 | +304.93% | 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 | +384.15% | Mar 13, 2024 |
Financial Forecast
Revenue This Year
185.70M
from 89.36M
Increased by 107.81%
Revenue Next Year
183.82M
from 185.70M
Decreased by -1.01%
EPS This Year
0.49
from 0.33
Increased by 48.36%
EPS Next Year
0.18
from 0.49
Decreased by -63.19%
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 193.2M | 189.7M | 215.7M |
| Avg | 185.7M | 183.8M | 208.2M |
| Low | 176.6M | 176.1M | 197.9M |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 116.2% | 2.1% | 17.3% |
| Avg | 107.8% | -1.0% | 13.3% |
| Low | 97.7% | -5.2% | 7.7% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 0.55 | 0.32 | 0.47 |
| Avg | 0.49 | 0.18 | 0.41 |
| Low | 0.43 | 0.02 | 0.32 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 65.5% | -35.7% | 162.2% |
| Avg | 48.4% | -63.2% | 130.2% |
| Low | 30.7% | -96.0% | 79.5% |
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.