DHI Group (DHX) AI Stock Analysis

• Market Cap: $90.74M
• Dividend Yield: N/A
• Average Volume (3M): 344.91K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.71
• Revenue Growth: -9.13%
• EPS Growth: -1032.39%
• Country: US
• Employees: 414
• Sector: Technology
• Sector Strength: 88
• Industry: Staffing & Employment Services
• EPS (TTM): -0.10
• Shares Outstanding: 48,010,353
• 10 Day Avg. Volume: 744,590
• 30 Day Avg. Volume: 344,907
• PEG Ratio: -3.36
• Price to Book (P/B): 0.69
• Price to Sales (P/S): 0.56
• P/FCF Ratio: 11.11
• Enterprise Value/Market Cap: 1.89
• Enterprise Value/Revenue: 1.31
• Enterprise Value/Gross Profit: 1.60
• Enterprise Value/Ebitda: 66.73
• 1Y Price Target: $5.75
• Price Target Upside: 228.57% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 50 Neutral
• Price Target: $1.50 ▼(-14.29% Downside)

DHI Group's overall stock score is primarily impacted by its financial performance, which shows declining revenues and profitability challenges. Technical analysis indicates bearish momentum, further weighing on the score. Valuation metrics are weak due to a negative P/E ratio. However, the earnings call provides some optimism with improved EBITDA margins and strategic initiatives like the stock buyback program.

Positive Factors

Improved EBITDA Margins

Improved EBITDA margins indicate better cost control and operational efficiency, enhancing profitability and financial health over the long term.

AI Demand Growth

The surge in AI-related job postings suggests strong future demand in tech hiring, positioning DHI Group to capitalize on this structural industry trend.

Defense Budget Growth

Increased defense spending presents growth opportunities for ClearanceJobs, enhancing DHI Group's market position in the tech staffing sector.

Negative Factors

Declining Revenue

A declining revenue trend indicates challenges in maintaining market share and competitiveness, potentially impacting long-term growth.

Net Loss and Impairment

The net loss and asset impairment highlight financial strain and potential issues with asset valuation, affecting long-term financial stability.

Reduced Deferred Revenue

A decrease in deferred revenue suggests potential future revenue challenges, impacting cash flow predictability and financial planning.

DHI Group Business Overview & Revenue Model

Company Description

DHI Group, Inc. provides data, insights, and employment connections through specialized services for technology professionals in the United States, the United Kingdom, rest of Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company operates Dice that offers job postings of technology and non-technology companies for industries, such as positions for software engineers, big data professionals, systems administrators, database specialists, project managers, and other technology and engineering professionals; and ClearanceJobs, an Internet-based career network, which matches security-cleared professionals with hiring companies searching for employees. It also provides eFinancialCareers, a financial services careers Website for financial services industry professionals from various sectors, including asset management, risk management, investment banking, and information technology. The company serves small, mid-sized, and large direct employers; staffing companies; recruiting agencies; consulting firms; and marketing departments of companies. The company was formerly known as Dice Holdings, Inc. and changed its name to DHI Group, Inc. in April 2015. DHI Group, Inc. was founded in 1991 and is headquartered in Centennial, Colorado.

How the Company Makes Money

DHI Group generates revenue primarily through a combination of subscription fees, job postings, and recruitment services. The company charges employers for job postings on its platforms, allowing them to access a pool of qualified candidates. Additionally, DHI offers subscription-based services that provide enhanced features for employers, such as access to advanced analytics and candidate matching tools. Other significant revenue streams include premium services for job seekers, which may involve career coaching and resume writing assistance. DHI's partnerships with various organizations and industry leaders also contribute to its earnings by expanding its reach and enhancing service offerings. The company's focus on specialized job markets helps it maintain a competitive edge, driving consistent revenue growth.

DHI Group Financial Statement Overview

Summary

DHI Group faces challenges with declining revenues and profitability, as evidenced by negative net profit margins and revenue growth. The balance sheet shows a stable capital structure with moderate leverage, but returns on equity are negative. Cash flow generation is improving, providing some financial flexibility. The company needs to address operational inefficiencies to enhance profitability and shareholder returns.

Income Statement

DHI Group's income statement shows a declining revenue trend with a negative revenue growth rate of -2.35% TTM. The company has a strong gross profit margin of 81.85% TTM, but it is offset by a negative net profit margin of -6.97% TTM, indicating profitability challenges. The EBIT and EBITDA margins are also negative, reflecting operational inefficiencies.

Balance Sheet

The balance sheet reveals a moderate debt-to-equity ratio of 0.39 TTM, suggesting manageable leverage. However, the return on equity is negative at -8.68% TTM, indicating poor returns for shareholders. The equity ratio stands at 50.55% TTM, showing a stable capital structure.

Cash Flow

Cash flow analysis indicates a positive free cash flow growth rate of 9.96% TTM, suggesting improved cash generation. The operating cash flow to net income ratio is 0.31 TTM, and the free cash flow to net income ratio is 0.46 TTM, reflecting adequate cash flow relative to net income despite profitability issues.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	131.24M	141.93M	151.88M	149.68M	119.90M	111.17M
Gross Profit	107.32M	121.69M	132.09M	132.07M	104.81M	96.88M
EBITDA	2.58M	24.12M	24.02M	22.66M	16.75M	-24.13M
Net Income	-13.44M	253.00K	3.49M	4.18M	-29.74M	-30.02M
Balance Sheet
Total Assets	192.48M	221.37M	225.20M	226.70M	221.58M	240.99M
Cash, Cash Equivalents and Short-Term Investments	2.30M	3.70M	4.21M	3.01M	1.54M	4.54M
Total Debt	39.49M	42.62M	46.55M	38.53M	32.10M	31.03M
Total Liabilities	95.20M	107.05M	117.66M	120.47M	105.22M	113.42M
Stockholders Equity	97.28M	114.33M	107.54M	106.24M	116.36M	127.57M
Cash Flow
Free Cash Flow	9.68M	7.11M	1.09M	18.06M	14.27M	2.58M
Operating Cash Flow	18.25M	21.05M	21.34M	36.03M	28.58M	18.68M
Investing Cash Flow	-9.96M	-13.93M	-15.31M	-17.66M	-19.30M	-15.90M
Financing Cash Flow	-8.06M	-7.62M	-4.83M	-16.91M	-15.39M	-542.00K

DHI Group Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.75
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DHX, the sentiment is Negative. The current price of 1.75 is below the 20-day moving average (MA) of 1.94, below the 50-day MA of 2.40, and below the 200-day MA of 2.30, indicating a bearish trend. The MACD of -0.17 indicates Positive momentum. The RSI at 25.22 is Positive, neither overbought nor oversold. The STOCH value of 17.46 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DHX.

DHI Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
HQI	60 Neutral	$140.01M	19.98	11.08%	2.48%	-12.65%	368.36%
MHH	55 Neutral	$87.09M	―	-0.08%	―	1.24%	97.14%
ZIP	51 Neutral	$382.45M	―	―	―	-10.14%	-1381.34%
DHX	50 Neutral	$90.74M	-9.17	-12.89%	―	-9.13%	-1032.39%
BGSF	49 Neutral	$44.35M	―	-14.43%	50.51%	-36.79%	-507.05%
JOB	47 Neutral	$20.38M	-0.56	-53.10%	―	-15.53%	-67.84%

DHI Group Corporate Events

DHI Group Reports Q3 Results and Raises Profitability Guidance

DHI Group, Inc. is a provider of AI-powered career marketplaces focusing on technology roles, operating primarily through its two brands, ClearanceJobs and Dice, which connect recruiters with skilled technology professionals.

DHI Group Announces New Stock Repurchase Program

On November 6, 2025, DHI Group, Inc. announced a new stock repurchase program, allowing the company to buy back up to $5 million of its common stock between November 13, 2025, and November 12, 2026. This initiative reflects the company’s confidence in its strategic direction and commitment to delivering long-term shareholder value, with repurchases to be funded by available liquidity and subject to market conditions and other factors.

The most recent analyst rating on (DHX) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on DHI Group stock, see the DHX Stock Forecast page.