Direct Digital (DRCT) Stock Forecast, Price Target & Predictions


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DRCT Stock Forecast


Direct Digital stock forecast is as follows: an average price target of $8.00 (represents a 1354.55% upside from DRCT’s last price of $0.55) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.

DRCT Price Target


The average price target for Direct Digital (DRCT) is $8.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $8.00 to $8.00. This represents a potential 1354.55% upside from DRCT's last price of $0.55.

DRCT Analyst Ratings


Buy

According to 1 Wall Street analysts, Direct Digital's rating consensus is 'Buy'. The analyst rating breakdown for DRCT stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Direct Digital Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Mar 09, 2022Daniel KurnosBenchmark Co.$8.00$2.49221.29%1354.55%

The latest Direct Digital stock forecast, released on Mar 09, 2022 by Daniel Kurnos from Benchmark Co., set a price target of $8.00, which represents a 221.29% increase from the stock price at the time of the forecast ($2.49), and a 1354.55% increase from DRCT last price ($0.55).

Direct Digital Price Target by Period


1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$0.55$0.55$0.55
Upside/Downside-100.00%-100.00%-100.00%

In the current month, the average price target of Direct Digital stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Direct Digital's last price of $0.55. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Mar 27, 2024Noble Capital MarketsPerformDowngrade
Mar 27, 2024BenchmarkBuyBuyHold
Mar 06, 2024BenchmarkBuyBuyHold
Mar 09, 2022BenchmarkBuyInitialise

Direct Digital's last stock rating was published by Noble Capital Markets on Mar 27, 2024. The company Downgrade its DRCT rating from "null" to "Perform".

Direct Digital Financial Forecast


Direct Digital Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21
Revenue--------$41.01M$59.47M$35.40M$21.22M$29.42M$25.99M$21.26M$11.37M$12.90M
Avg Forecast$28.86M$23.57M$19.76M$14.17M$12.31M$55.10M$42.25M$23.43M$65.95M$34.49M$28.99M$17.05M$28.76M$18.60M$14.36M$11.00M$13.05M
High Forecast$32.05M$26.18M$21.95M$15.74M$14.99M$61.20M$46.92M$23.43M$67.83M$34.49M$32.20M$18.93M$31.94M$18.60M$14.36M$11.00M$13.05M
Low Forecast$25.05M$20.46M$17.16M$12.30M$9.62M$47.84M$36.68M$23.43M$64.07M$34.49M$25.17M$14.80M$24.97M$18.60M$14.36M$11.00M$13.05M
# Analysts11112111211111111
Surprise %--------0.62%1.72%1.22%1.24%1.02%1.40%1.48%1.03%0.99%

Direct Digital's average Quarter revenue forecast for Mar 24 based on 1 analysts is $23.43M, with a low forecast of $23.43M, and a high forecast of $23.43M. DRCT's average Quarter revenue forecast represents a -42.86% decrease compared to the company's last Quarter revenue of $41.01M (Dec 23).

Direct Digital EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21
# Analysts11112111211111111
EBITDA--------$595.00K$4.49M$2.25M$495.56K$1.73M$2.38M$3.06M$548.22K$1.54M
Avg Forecast$1.83M$1.50M$1.26M$900.67K$782.33K$3.50M$2.68M$1.49M$4.19M$2.19M$1.84M$1.08M$1.83M$1.03M$798.72K$611.75K$725.64K
High Forecast$2.04M$1.66M$1.39M$1.00M$952.45K$3.89M$2.98M$1.49M$4.31M$2.19M$2.05M$1.20M$2.03M$1.03M$798.72K$611.75K$725.64K
Low Forecast$1.59M$1.30M$1.09M$781.91K$611.54K$3.04M$2.33M$1.49M$4.07M$2.19M$1.60M$940.52K$1.59M$1.03M$798.72K$611.75K$725.64K
Surprise %--------0.14%2.05%1.22%0.46%0.95%2.30%3.84%0.90%2.12%

1 analysts predict DRCT's average Quarter EBITDA for Mar 24 to be $1.49M, with a high of $1.49M and a low of $1.49M. This is 150.28% upper than Direct Digital's previous annual EBITDA (Dec 23) of $595.00K.

Direct Digital Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21
# Analysts11112111211111111
Net Income--------$-1.23M$3.35M$1.19M$-1.33M$165.85K$810.78K$2.61M$-1.25M$-5.31M
Avg Forecast$-834.46K$-929.28K$-948.25K$-2.73M$-2.53M$417.23K$720.67K$-518.39K$998.81K$202.29K$265.51K$-312.92K$369.82K$185.05K$234.40K$-314.58K$-240.56K
High Forecast$-691.43K$-769.98K$-785.68K$-2.26M$-1.17M$477.24K$824.29K$-429.52K$1.07M$202.92K$303.69K$-259.28K$423.00K$185.05K$234.40K$-314.58K$-240.56K
Low Forecast$-954.47K$-1.06M$-1.08M$-3.12M$-3.89M$345.71K$597.13K$-592.92K$927.46K$201.66K$220.00K$-357.92K$306.42K$185.05K$234.40K$-314.58K$-240.56K
Surprise %---------1.23%16.56%4.50%4.26%0.45%4.38%11.15%3.98%22.09%

Direct Digital's average Quarter net income forecast for Dec 23 is $998.81K, with a range of $927.46K to $1.07M. DRCT's average Quarter net income forecast represents a -70.19% decrease compared to the company's last Quarter net income of $3.35M (Sep 23).

Direct Digital SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21
# Analysts11112111211111111
SG&A--------$3.93M$2.51M$3.27M$6.57M$6.26M$5.62M$5.27M$4.20M$1.31M
Avg Forecast$9.46M$7.72M$6.48M$4.64M$4.03M$18.06M$13.85M$7.68M$21.61M$11.30M$9.50M$5.59M$9.43M$6.10M$4.71M$3.60M$4.28M
High Forecast$10.50M$8.58M$7.19M$5.16M$4.91M$20.06M$15.38M$7.68M$22.23M$11.30M$10.55M$6.21M$10.47M$6.10M$4.71M$3.60M$4.28M
Low Forecast$8.21M$6.71M$5.62M$4.03M$3.15M$15.68M$12.02M$7.68M$21.00M$11.30M$8.25M$4.85M$8.18M$6.10M$4.71M$3.60M$4.28M
Surprise %--------0.18%0.22%0.34%1.18%0.66%0.92%1.12%1.16%0.31%

Direct Digital's average Quarter SG&A projection for Mar 24 is $7.68M, based on 1 Wall Street analysts, with a range of $7.68M to $7.68M. The forecast indicates a 95.61% rise compared to DRCT last annual SG&A of $3.93M (Dec 23).

Direct Digital EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21
# Analysts11112111211111111
EPS--------$-0.09$0.23$0.08$-0.09$0.01$0.06$0.18$-0.18$-1.33
Avg Forecast$-0.22$-0.24$-0.25$-0.72$-0.67$0.11$0.19$-0.14$0.26$0.05$0.07$-0.08$0.10$0.05$0.06$-0.09$-0.07
High Forecast$-0.18$-0.20$-0.21$-0.60$-0.31$0.13$0.22$-0.11$0.28$0.05$0.08$-0.07$0.11$0.05$0.06$-0.09$-0.07
Low Forecast$-0.25$-0.28$-0.29$-0.82$-1.03$0.09$0.16$-0.16$0.24$0.05$0.06$-0.09$0.08$0.05$0.06$-0.09$-0.07
Surprise %---------0.33%4.31%1.16%1.11%0.10%1.20%2.84%2.12%20.46%

According to 2 Wall Street analysts, Direct Digital's projected average Quarter EPS for Dec 23 is $0.26, with a low estimate of $0.24 and a high estimate of $0.28. This represents a 14.49% increase compared to DRCT previous annual EPS of $0.23 (Sep 23).

Direct Digital Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
DRCTDirect Digital$0.64$8.001150.00%Buy
ZDZiff Davis$58.18$108.3386.20%Hold
EEXEmerald$4.76$7.9065.97%Buy
CMPRCimpress$78.53$120.0052.81%
QNSTQuinStreet$22.25$29.5032.58%Buy
TZOOTravelzoo$21.25$12.00-43.53%Buy

DRCT Forecast FAQ


Is Direct Digital a good buy?

Yes, according to 1 Wall Street analysts, Direct Digital (DRCT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of DRCT's total ratings.

What is DRCT's price target?

Direct Digital (DRCT) average price target is $8 with a range of $8 to $8, implying a 1354.55% from its last price of $0.55. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Direct Digital stock go up soon?

According to Wall Street analysts' prediction for DRCT stock, the company can go up by 1354.55% (from the last price of $0.55 to the average price target of $8), up by 1354.55% based on the highest stock price target, and up by 1354.55% based on the lowest stock price target.

Can Direct Digital stock reach $1?

DRCT's average twelve months analyst stock price target of $8 supports the claim that Direct Digital can reach $1 in the near future.

What are Direct Digital's analysts' financial forecasts?

Direct Digital's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $133.09M (high $146.54M, low $117.57M), average EBITDA is $8.46M (high $9.31M, low $7.47M), average net income is $-1.909M (high $-295K, low $-3.54M), average SG&A $43.62M (high $48.02M, low $38.53M), and average EPS is $-0.503 (high $-0.0778, low $-0.933). DRCT's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $86.36M (high $95.92M, low $74.98M), average EBITDA is $5.49M (high $6.1M, low $4.76M), average net income is $-5.443M (high $-4.51M, low $-6.226M), average SG&A $28.3M (high $31.43M, low $24.57M), and average EPS is $-1.435 (high $-1.189, low $-1.641).

Did the DRCT's actual financial results beat the analysts' financial forecasts?

Based on Direct Digital's last annual report (Dec 2022), the company's revenue was $88.04M, beating the average analysts forecast of $72.73M by 21.06%. Apple's EBITDA was $8.78M, beating the average prediction of $4.27M by 105.59%. The company's net income was $2.92M, beating the average estimation of $474.68K by 515.02%. Apple's SG&A was $21.34M, missing the average forecast of $23.83M by -10.45%. Lastly, the company's EPS was $0.17, beating the average prediction of $0.126 by 35.10%. In terms of the last quarterly report (Dec 2023), Direct Digital's revenue was $41.01M, missing the average analysts' forecast of $65.96M by -37.82%. The company's EBITDA was $595K, missing the average prediction of $4.19M by -85.80%. Direct Digital's net income was $-1.226M, missing the average estimation of $998.81K by -222.75%. The company's SG&A was $3.93M, missing the average forecast of $21.61M by -81.84%. Lastly, the company's EPS was $-0.0858, missing the average prediction of $0.263 by -132.58%