Direct Digital Holdings, Inc. (DRCT)

NASDAQ: DRCT · IEX Real-Time Price · USD
5.35
-0.03 (-0.56%)
May 3, 2024, 4:00 PM EDT - Market closed
-0.56%
Market Cap 74.15M
Revenue (ttm) 146.84M
Net Income (ttm) 4.62M
Shares Out 13.86M
EPS (ttm) 0.32
PE Ratio 16.72
Forward PE 13.45
Dividend n/a
Ex-Dividend Date n/a
Volume 63,626
Open 5.45
Previous Close 5.38
Day's Range 5.30 - 5.70
52-Week Range 1.96 - 35.88
Beta 7.89
Analysts Strong Buy
Price Target 16.67 (+211.59%)
Earnings Date May 13, 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. It serves various industry verticals, such as travel, healthcare, education, financial services, consumer products, and other sectors with a focus on small and mid-sized businesses. The company was foun... [Read more]

IPO Date Feb 11, 2022
Employees 69
Stock Exchange NASDAQ
Ticker Symbol DRCT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for DRCT stock is "Strong Buy." The 12-month stock price forecast is $16.67, which is an increase of 211.59% from the latest price.

Price Target
$16.67
(211.59% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Direct Digital Holdings Announces Receipt of Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1)

HOUSTON , April 23, 2024 /PRNewswire/ -- Today, Direct Digital Holdings, Inc. (the "Company") reported that as a result of requiring additional time to complete the audit of its financial statements, ...

12 days ago - PRNewsWire

Top 5 Tech And Telecom Stocks That May Rocket Higher This Month - Angi (NASDAQ:ANGI), Direct Digital Holdings (NASDAQ:DRCT)

The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.

Other symbols: ANGIEAGDCT
18 days ago - Benzinga

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Direct Digital Holdings, Inc. (DRCT) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Direct Digital Ho...

4 weeks ago - Business Wire

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Direct Digital Holdings, Inc. (DRCT) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Direct Digital Holdings, Inc. (“Direct Digital” or the “Company”) (NASDAQ: DRCT) investors concer...

4 weeks ago - Business Wire

The Law Offices of Frank R. Cruz Announces Investigation of Direct Digital Holdings, Inc. (DRCT) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Direct Digital Holdings, Inc. (“Direct Digital” or the “Company”) (NASDAQ: DRCT) on behalf of investors con...

4 weeks ago - Business Wire

81% of Gen Zers Say Multicultural/Diverse Communities Greatly Shape Brand Preferences, According to Direct Digital Holdings' Research

Report Also Reveals Mainstream Tipping Point, as Multicultural/Diverse Consumers Drive Brand Choices for 57% of the General Population HOUSTON , April 2, 2024 /PRNewswire/ -- Direct Digital Holdings, ...

4 weeks ago - PRNewsWire

Direct Digital Holdings Reports Q4 & Full-Year 2023 Results

Company's Full-Year 2023 Revenue Up 76% Year-Over-Year to $157.1 Million, the Eighth Consecutive Quarter of Double-Digit Growth Full-Year 2023 Net Income of $2.0 million; Adjusted EBITDA(1) Up 11% Yea...

5 weeks ago - PRNewsWire

Direct Digital Holdings Announces Rescheduling of Fourth Quarter and FY 2023 Financial Results Release and Conference Call

HOUSTON , March 20, 2024 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating th...

6 weeks ago - PRNewsWire

Direct Digital Holdings to Report Fourth Quarter & Full Year 2023 Financial Results

HOUSTON , Feb. 29, 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 Partners with FreeWheel

Integration Between Holding Group's Colossus SSP and FreeWheel to Provide Enhanced Connections to Demand to Increase Ability for Advertisers to Reach Audiences at Scale on CTV HOUSTON and NEW YORK , F...

2 months ago - PRNewsWire

SHE Media Launches Strategic Partnership with Direct Digital Holdings' Colossus SSP to Increase Advertiser Access to a Powerful Female Audience

Colossus SSP's Inclusive Marketplace Approach to Further Advance SHE Media's Work in Fueling Growth of Women-Owned & Diverse-Owned Properties HOUSTON and NEW YORK , Feb. 15, 2024 /PRNewswire/ -- Direc...

2 months ago - PRNewsWire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Direct Digital Holdings, Inc. - DRCT

NEW YORK , Dec. 18, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Direct Digital Holdings, Inc. ("DDH" or the "Company") (NASDAQ: DRCT). Such investors are advis...

4 months ago - PRNewsWire

Direct Digital Holdings to Participate in the 2024 ICR Conference

HOUSTON , Dec. 18, 2023 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating thr...

4 months ago - PRNewsWire

Direct Digital Holdings to Participate in the Noble Capital Markets 19th Annual Emerging Growth Equity Conference

HOUSTON , Nov. 20, 2023 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating thr...

5 months ago - PRNewsWire

Direct Digital Holdings Ranked Number 108th Fastest-Growing Company in North America on the 2023 Deloitte Technology Fast 500™

HOUSTON , Nov. 13, 2023 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating thr...

6 months ago - PRNewsWire

Direct Digital Holdings Reports Third Quarter 2023 Financial Results

Third Quarter 2023 Revenue Up 129% Year-Over-Year to $59.5 Million Company Raises Full-Year 2023 Revenue Guidance to $170 Million - $190 Million HOUSTON , Nov. 9, 2023 /PRNewswire/ -- Direct Digital H...

6 months ago - PRNewsWire

Direct Digital Holdings to Participate in the ROTH MKM 12th Annual New York Technology Conference

HOUSTON , Oct. 31, 2023 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating thr...

6 months ago - PRNewsWire

Direct Digital Holdings Announces Completion of Redemption of Outstanding Warrants

HOUSTON , Oct. 31, 2023 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating thr...

6 months ago - PRNewsWire

Direct Digital Holdings Partners with Basis Technologies on Buy- and Sell-Side

Holding Group's Colossus SSP Integrates with Basis to Increase Advertisers' Programmatic Reach of Multicultural / Diverse Media Inventory Buy-Side Company Huddled Masses Collaborates with Basis to Ser...

6 months ago - PRNewsWire

Direct Digital Holdings to Report Third Quarter 2023 Financial Results

HOUSTON , Oct. 19, 2023 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating thr...

7 months ago - PRNewsWire

Direct Digital Holdings Appoints Diana Diaz as Chief Financial Officer

HOUSTON , Oct. 18, 2023 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating thr...

7 months ago - PRNewsWire

DIRECT DIGITAL HOLDINGS SELECTS HPE GREENLAKE TO DELIVER EDGE-TO-CLOUD SOLUTION IN MULTIYEAR PLATFORM DEAL

Green Tea Technology Instrumental in Forging Relationship with Hewlett Packard Enterprise and Ad-Tech Holding Group, Direct Digital Holdings HOUSTON , Oct. 12, 2023 /PRNewswire/ -- Direct Digital Hold...

7 months ago - PRNewsWire

Direct Digital Holdings Announces Expiration and Results of the Offer to Purchase and Consent Solicitation Relating to its Warrants

HOUSTON , Sept. 29, 2023 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating th...

7 months ago - PRNewsWire

Direct Digital Holdings Announces Collaboration with Amazon Publisher Services

Direct Digital Holding Group's Supply-Side Platform Colossus SSP to Integrate with Amazon's Transparent Ad Marketplace (TAM) HOUSTON , Sept. 26, 2023 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nas...

7 months ago - PRNewsWire

Direct Digital Holdings Announces Extension of the Expiration of the Previously Commenced Offer to Purchase and Consent Solicitation Relating to its Warrants

HOUSTON , Sept. 21, 2023 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating th...

8 months ago - PRNewsWire