Benchmark downgraded Direct Digital (DRCT) to Speculative Buy from Buy with a price target of $2, down from $6, after what the firm calls “a really tough 3Q25 print.” The company should have enough liquidity, so “they are still in the race,” says the analyst, who contends shares “could be meaningfully higher by this time next year” if this management team “can weather this last storm.”
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DRCT:
- Direct Digital Holdings Reports Q3 2025 Financial Results
- Direct Digital expands equity reserve facility to $100M
- Direct Digital Holdings Announces Unregistered Stock Issuance
- Direct Digital files to sell 50M shares of Class A common stock for holders
- Direct Digital Holdings Amends Series A Preferred Stock