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Direct Digital Holdings

DRCTNASDAQ
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Q3 2024 Earnings were released on Tue Nov 12th, after the market close
The most recent conference call was at 17:00 PM, 2 days ago Click to view past webcast
Consensus Rating1
Buy
Highest Price Target1
$23.00
Lowest Price Target1
$4.00
Consensus Price Target1
$13.50

Direct Digital Holdings (NASDAQ:DRCT) Stock, Analyst Ratings, Price Targets, Forecasts

Direct Digital Holdings Inc has a consensus price target of $13.5 based on the ratings of 5 analysts. The high is $23 issued by Benchmark on April 24, 2024. The low is $4 issued by Roth Capital on March 28, 2022. The 3 most-recent analyst ratings were released by Benchmark, Roth MKM, and Benchmark on April 24, 2024, March 27, 2024, and March 27, 2024, respectively. With an average price target of $21.67 between Benchmark, Roth MKM, and Benchmark, there's an implied 994.28% upside for Direct Digital Holdings Inc from these most-recent analyst ratings.

Analyst Rating and Forecast
12345
4.0
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Benchmark
Roth MKM
EF Hutton
Roth Capital

1calculated from analyst ratings

Analyst Ratings for Direct Digital Holdings

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Direct Digital Holdings (DRCT) stock?

A

The latest price target for Direct Digital Holdings (NASDAQ:DRCT) was reported by Benchmark on April 24, 2024. The analyst firm set a price target for $23.00 expecting DRCT to rise to within 12 months (a possible 1061.62% upside). 7 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Direct Digital Holdings (DRCT)?

A

The latest analyst rating for Direct Digital Holdings (NASDAQ:DRCT) was provided by Benchmark, and Direct Digital Holdings reiterated their buy rating.

Q

When was the last upgrade for Direct Digital Holdings (DRCT)?

A

There is no last upgrade for Direct Digital Holdings

Q

When was the last downgrade for Direct Digital Holdings (DRCT)?

A

The last downgrade for Direct Digital Holdings Inc happened on March 27, 2024 when Noble Capital Markets changed their price target from N/A to N/A for Direct Digital Holdings Inc.

Q

When is the next analyst rating going to be posted or updated for Direct Digital Holdings (DRCT)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Direct Digital Holdings, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Direct Digital Holdings was filed on April 24, 2024 so you should expect the next rating to be made available sometime around April 24, 2025.

Q

Is the Analyst Rating Direct Digital Holdings (DRCT) correct?

A

While ratings are subjective and will change, the latest Direct Digital Holdings (DRCT) rating was a reiterated with a price target of $23.00 to $23.00. The current price Direct Digital Holdings (DRCT) is trading at is $1.98, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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