Noble Financial Lifts Earnings Estimates for Direct Digital

Direct Digital Holdings, Inc. (NASDAQ:DRCTFree Report) – Research analysts at Noble Financial upped their FY2026 earnings estimates for Direct Digital in a report issued on Thursday, April 2nd. Noble Financial analyst M. Kupinski now expects that the company will post earnings of ($10.11) per share for the year, up from their previous forecast of ($30.22). The consensus estimate for Direct Digital’s current full-year earnings is ($1.91) per share.

Direct Digital (NASDAQ:DRCTGet Free Report) last posted its quarterly earnings data on Tuesday, March 31st. The company reported ($22.00) EPS for the quarter, missing the consensus estimate of ($17.58) by ($4.42). The business had revenue of $8.41 million for the quarter, compared to the consensus estimate of $7.74 million. During the same period last year, the firm earned ($29.88) earnings per share.

Other research analysts have also issued reports about the stock. Wall Street Zen raised shares of Direct Digital to a “sell” rating in a research note on Saturday, January 17th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Direct Digital in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $330.00.

Read Our Latest Analysis on DRCT

Direct Digital Stock Down 4.2%

NASDAQ DRCT opened at $0.78 on Tuesday. The company has a fifty day moving average of $1.23 and a two-hundred day moving average of $7.03. The firm has a market capitalization of $429,605.00, a price-to-earnings ratio of -0.01 and a beta of 6.04. Direct Digital has a 52 week low of $0.70 and a 52 week high of $67.65.

Institutional Trading of Direct Digital

An institutional investor recently raised its position in Direct Digital stock. XTX Topco Ltd grew its stake in shares of Direct Digital Holdings, Inc. (NASDAQ:DRCTFree Report) by 252.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 53,787 shares of the company’s stock after purchasing an additional 38,534 shares during the quarter. XTX Topco Ltd owned approximately 0.28% of Direct Digital worth $30,000 at the end of the most recent quarter. 4.02% of the stock is currently owned by institutional investors.

About Direct Digital

(Get Free Report)

Direct Digital Holdings, Inc (NASDAQ: DRCT) is a provider of cloud-based marketing software and services tailored to mortgage lenders and real estate professionals. The company’s integrated platform is designed to help its clients generate, nurture and convert leads through customer relationship management (CRM), automated marketing campaigns, customizable websites and digital content delivery. By combining proprietary tools with expert support, Direct Digital enables users to streamline workflows, improve customer engagement and drive growth in competitive markets.

The company’s flagship offerings include a CRM system that centralizes prospect and client data, marketing automation that triggers timely email and digital campaigns, and website solutions that are optimized for lead capture and search-engine visibility.

See Also

Receive News & Ratings for Direct Digital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direct Digital and related companies with MarketBeat.com's FREE daily email newsletter.