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Direct Digital Holdings ( (DRCT) ) has shared an update.
On June 10, 2025, Direct Digital Holdings, Inc. filed a Certificate of Amendment to its Certificate of Incorporation following stockholder approval at its 2025 Annual Meeting. This amendment provides for officer exculpation and removes the waiver of Section 203 of the Delaware General Corporation Law. At the meeting held on June 9, 2025, stockholders approved five proposals, including the election of directors, ratification of an accounting firm, an increase in shares for the Omnibus Incentive Plan, and amendments to the Certificate of Incorporation, indicating strong support for the company’s strategic initiatives.
The most recent analyst rating on (DRCT) stock is a Buy with a $7.50 price target. To see the full list of analyst forecasts on Direct Digital Holdings stock, see the DRCT Stock Forecast page.
Spark’s Take on DRCT Stock
According to Spark, TipRanks’ AI Analyst, DRCT is a Neutral.
Direct Digital Holdings is facing significant financial and operational challenges, highlighted by declining revenues, negative profitability, and high leverage. The technical analysis shows weak momentum, and the valuation is poor due to a negative P/E ratio. Although there are some positive developments, such as cost reductions and buy-side growth, the overall outlook remains concerning. The Nasdaq non-compliance notice further exacerbates the risks.
To see Spark’s full report on DRCT stock, click here.
More about Direct Digital Holdings
Average Trading Volume: 1,566,279
Technical Sentiment Signal: Sell
Current Market Cap: $10.41M
Find detailed analytics on DRCT stock on TipRanks’ Stock Analysis page.