Direct Digital Holdings (DRCT) stock forecast for 2024. Forecast tables and graphs.

Direct Digital Holdings (DRCT) stock forecast for 2024

Last update: October 1, 2022 (07:31)

Sector: Communication services

The share price of Direct Digital Holdings, Inc. Class A (DRCT) now

What analysts predict:: $6.75

52-week high/low: $5.49 / $1.16

50/200 Day Moving Average: $2.649 / $2.22

This figure corresponds to the average price over the previous 50/200 days. For Direct Digital Holdings stocks, the 50-day moving average is the support level today.

For Direct Digital Holdings stocks, the 200-day moving average is the support level today.

Are you interested in Direct Digital Holdings stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Direct Digital Holdings stock price in 2024. How much will one Direct Digital Holdings share be worth in 2024?

Is it worth taking profit / loss on Direct Digital Holdings stock now or waiting? What are analysts' forecasts for Direct Digital Holdings stock?

We forecast Direct Digital Holdings stock performance using neural networks based on historical data on Direct Digital Holdings stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

The Direct Digital Holdings stock prediction results are shown below and presented as a graph, table and text information.

Direct Digital Holdings stock forecasts are adjusted once a day based on the closing price of the previous trading day.

The minimum target price for Direct Digital Holdings analysts is $6.75.

Today 200 Day Moving Average is the support level (2.22 $).

50 Day Moving Average is the support level (2.649 $).





Historical and forecast chart of Direct Digital Holdings stock

The chart below shows the historical price of Direct Digital Holdings stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Direct Digital Holdings stock price can be found in the table below.

Direct Digital Holdings (DRCT) Forecast for 2024

Month Target Pes. Opt. Vol., %
Jan 2.19 1.92 2.51 23.62 %
Feb 2.61 2.30 2.79 17.68 %
Mar 3.11 2.85 3.33 14.50 %
Apr 3.13 2.92 3.51 16.85 %
May 3.75 3.39 3.92 13.48 %
Jun 3.53 2.96 3.84 23.11 %
Jul 3.06 2.65 3.44 22.98 %
Aug 3.31 3.06 3.54 13.55 %
Sep 3.38 3.05 3.93 22.37 %
Oct 3.92 3.48 4.52 22.94 %
Nov 4.55 4.28 5.31 19.45 %
Dec 5.02 4.74 5.75 17.61 %

Direct Digital Holdings information and performance

Direct Digital Holdings brings state-of-the-art supply-side and demand-side advertising platforms together under one umbrella company.

Direct Digital Holdings Address

1177 WEST LOOP SOUTH, SUITE 1310, HOUSTON, TX, UNITED STATES

Market Capitalization: 6 959 100 $

Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.

EBITDA: 7 493 600 $

EBITDA is earnings before interest, income tax and depreciation of assets.

PE Ratio: None

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: None

Price/earnings to growth

DPS: N/A

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: N/A

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: -0.76

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: -0.996

Quarterly Revenue Growth YOY: 0.901

Trailing PE: -

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 4.297

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 0.445

Enterprise Value (EV) /Revenue

EV To EBITDA: 5.22

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 3163200

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A

Percent Insiders: N/A

Percent Institutions: N/A

Direct Digital Holdings price target for 2021 by month


Target values for the price of one Direct Digital Holdings share for Jan 2024.

The weighted average target price per Direct Digital Holdings share in Jan 2024 is: 2.19. In Jan, the negative dynamics for Momo shares will prevail with possible monthly volatility of 23.618% volatility is expected.

Pessimistic target level: 1.92

Optimistic target level: 2.51


Target values for the price of one Direct Digital Holdings share for Feb 2024.

The weighted average target price per Direct Digital Holdings share in Feb 2024 is: 2.61. In Feb, the positive dynamics for Momo shares will prevail with possible monthly volatility of 17.675% volatility is expected.

Pessimistic target level: 2.30

Optimistic target level: 2.79


Target values for the price of one Direct Digital Holdings share for Mar 2024.

The weighted average target price per Direct Digital Holdings share in Mar 2024 is: 3.11. In Mar, the positive dynamics for Momo shares will prevail with possible monthly volatility of 14.504% volatility is expected.

Pessimistic target level: 2.85

Optimistic target level: 3.33


Target values for the price of one Direct Digital Holdings share for Apr 2024.

The weighted average target price per Direct Digital Holdings share in Apr 2024 is: 3.13. In Apr, the positive dynamics for Momo shares will prevail with possible monthly volatility of 16.848% volatility is expected.

Pessimistic target level: 2.92

Optimistic target level: 3.51


Target values for the price of one Direct Digital Holdings share for May 2024.

The weighted average target price per Direct Digital Holdings share in May 2024 is: 3.75. In May, the positive dynamics for Momo shares will prevail with possible monthly volatility of 13.476% volatility is expected.

Pessimistic target level: 3.39

Optimistic target level: 3.92


Target values for the price of one Direct Digital Holdings share for Jun 2024.

The weighted average target price per Direct Digital Holdings share in Jun 2024 is: 3.53. In Jun, the negative dynamics for Momo shares will prevail with possible monthly volatility of 23.113% volatility is expected.

Pessimistic target level: 2.96

Optimistic target level: 3.84


Target values for the price of one Direct Digital Holdings share for Jul 2024.

The weighted average target price per Direct Digital Holdings share in Jul 2024 is: 3.06. In Jul, the negative dynamics for Momo shares will prevail with possible monthly volatility of 22.982% volatility is expected.

Pessimistic target level: 2.65

Optimistic target level: 3.44


Target values for the price of one Direct Digital Holdings share for Aug 2024.

The weighted average target price per Direct Digital Holdings share in Aug 2024 is: 3.31. In Aug, the positive dynamics for Momo shares will prevail with possible monthly volatility of 13.551% volatility is expected.

Pessimistic target level: 3.06

Optimistic target level: 3.54


Target values for the price of one Direct Digital Holdings share for Sep 2024.

The weighted average target price per Direct Digital Holdings share in Sep 2024 is: 3.38. In Sep, the positive dynamics for Momo shares will prevail with possible monthly volatility of 22.375% volatility is expected.

Pessimistic target level: 3.05

Optimistic target level: 3.93


Target values for the price of one Direct Digital Holdings share for Oct 2024.

The weighted average target price per Direct Digital Holdings share in Oct 2024 is: 3.92. In Oct, the positive dynamics for Momo shares will prevail with possible monthly volatility of 22.943% volatility is expected.

Pessimistic target level: 3.48

Optimistic target level: 4.52


Target values for the price of one Direct Digital Holdings share for Nov 2024.

The weighted average target price per Direct Digital Holdings share in Nov 2024 is: 4.55. In Nov, the positive dynamics for Momo shares will prevail with possible monthly volatility of 19.453% volatility is expected.

Pessimistic target level: 4.28

Optimistic target level: 5.31


Target values for the price of one Direct Digital Holdings share for Dec 2024.

The weighted average target price per Direct Digital Holdings share in Dec 2024 is: 5.02. In Dec, the positive dynamics for Momo shares will prevail with possible monthly volatility of 17.609% volatility is expected.

Pessimistic target level: 4.74

Optimistic target level: 5.75




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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.