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DHI Group
(NYSE:DHX)
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Rating:63Neutral
Price Target:
$4.50
▲(16.88% Upside)
Action:Reiterated
Date:08/18/26
The score reflects solid cash generation and manageable leverage, plus constructive technical momentum. These positives are tempered by a weak top-line trend and very expensive valuation (high P/E), while the latest earnings call supports a stable-to-improving outlook driven by ClearanceJobs but with ongoing weakness and visibility headwinds at Dice (lower backlog/deferred revenue).
Positive Factors
ClearanceJobs growth and retention
ClearanceJobs is a durable growth engine because it serves a specialized, security-cleared talent pool with strong retention and rising customer spend. Its differentiated community and expanding sales pipeline can support recurring employer revenue over the next several quarters.
Negative Factors
Persistent company-wide revenue contraction
Multi-year top-line contraction suggests that DHI’s growth engine is not yet broad-based. Even with recent earnings improvement, shrinking revenue can reduce operating leverage, limit reinvestment capacity and make sustained margin expansion dependent on cost controls.
Read all positive and negative factors
Positive Factors
Negative Factors
ClearanceJobs growth and retention
ClearanceJobs is a durable growth engine because it serves a specialized, security-cleared talent pool with strong retention and rising customer spend. Its differentiated community and expanding sales pipeline can support recurring employer revenue over the next several quarters.
Read all positive factors
DHI Group (DHX) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$178.47M
Dividend YieldN/A
Average Volume (3M)146.40K
Price to Earnings (P/E)127.4
Beta (1Y)1.02
Revenue Growth-7.34%
EPS GrowthN/A
CountryUS
Employees270
SectorTechnology
Sector Strength88
IndustryStaffing & Employment Services
Share Statistics
EPS (TTM)0.03
Shares Outstanding43,424,190
10 Day Avg. Volume133,100
30 Day Avg. Volume146,400
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.73
Price to Sales (P/S)0.54
P/FCF Ratio5.03
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$6.75Price Target Upside75.32% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)0.2
Revenue Forecast (FY)$124.60M
DHI Group Business Overview & Revenue Model
Company Description
DHI Group, Inc. provides data, insights, and employment connections through specialized services for technology professionals and other select online communities in the United States. The company operates through the Clearancejobs and Dice segment...
How the Company Makes Money
DHI Group makes money primarily by selling recruiting and hiring products to employers and recruiters who want access to its specialized talent communities. Key revenue streams include (1) employer subscriptions and packages that provide access to...
DHI Group Earnings Call Summary
Earnings Call Date:Aug 05, 2026
(Q2-2026)
| % Change Since: |
Next Earnings Date:Nov 04, 2026
Earnings Call Sentiment Positive
The call conveys a cautiously optimistic outlook driven by strong, accelerating performance at ClearanceJobs (double-digit revenue and high bookings growth, rising ARPC and exceptional retention) and sustained profitability and cash generation across the company. These positives are tempered by continued weakness at Dice (mid-teens revenue and bookings declines, customer churn concentrated among smaller accounts), lower deferred revenue and backlog versus last year, and some margin pressure related to the PSG acquisition. Management emphasizes product innovation, AI-enabled capabilities, and a path to Dice recovery, while reiterating conservative guidance for 2026. On balance, the company appears financially stable with a clear growth engine in ClearanceJobs and a credible plan to stabilize and monetize Dice over time.Positive Updates
ClearanceJobs Strong Revenue and Bookings Growth
ClearanceJobs revenue $15.6M, up 14% year-over-year and up 11% sequentially; bookings $14.3M, up 24% year-over-year (7% organic growth excluding PSG acquisition).
Negative Updates
Overall Revenue Decline
Total company revenue declined year-over-year despite strong CJ performance; deferred revenue $41.5M, down 12% year-over-year; total committed contract backlog $92.3M, down 9% year-over-year.
Read all updates
Q2-2026 Updates
Positive
Negative
ClearanceJobs Strong Revenue and Bookings Growth
ClearanceJobs revenue $15.6M, up 14% year-over-year and up 11% sequentially; bookings $14.3M, up 24% year-over-year (7% organic growth excluding PSG acquisition).
Read all positive updates
Company Guidance
Management guided full‑year 2026 revenue of $124–$128 million (Q3 revenue $30–$32 million), with ClearanceJobs and Dice each expected to contribute $62–$64 million for the full year and $15–$16 million in Q3; they expect ClearanceJobs bookings growth to accelerate in H2 while Dice’s year‑over‑year bookings decline should moderate (but Dice bookings growth is not expected to resume in 2026). Profitability targets include a full‑year adjusted EBITDA margin of ~25% for DHI, 40% for ClearanceJobs and 24% for Dice, with free cash flow targeted at or above 10% of revenues. Capital expenditures are forecast at $6–$7 million for the year; at quarter‑end leverage was 0.89x adjusted EBITDA with $3.8 million cash, $32 million total debt, and $4.5 million remaining on a $10 million share buyback authorization.DHI Group Financial Statement Overview
Summary
Income Statement
52
Neutral
Balance Sheet
63
Positive
Cash Flow
76
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 124.53M | 127.83M | 141.93M | 151.88M | 149.68M | 119.90M |
| Gross Profit | 108.10M | 108.21M | 121.69M | 132.09M | 132.07M | 104.81M |
| EBITDA | 17.65M | 2.35M | 24.12M | 24.02M | 22.66M | 16.75M |
| Net Income | 1.21M | -13.51M | 253.00K | 3.49M | 4.18M | -29.74M |
Balance Sheet | ||||||
| Total Assets | 188.68M | 188.24M | 221.37M | 225.20M | 226.70M | 221.58M |
| Cash, Cash Equivalents and Short-Term Investments | 3.77M | 2.91M | 3.70M | 4.21M | 3.01M | 1.54M |
| Total Debt | 40.74M | 46.57M | 42.62M | 46.55M | 38.53M | 32.10M |
| Total Liabilities | 94.60M | 93.74M | 107.05M | 117.66M | 120.47M | 105.22M |
| Stockholders Equity | 94.08M | 94.51M | 114.33M | 107.54M | 106.24M | 116.36M |
Cash Flow | ||||||
| Free Cash Flow | 20.11M | 13.79M | 7.11M | 1.09M | 18.06M | 14.27M |
| Operating Cash Flow | 26.50M | 21.10M | 21.05M | 21.34M | 36.03M | 28.58M |
| Investing Cash Flow | -12.97M | -8.71M | -13.93M | -15.31M | -17.66M | -19.30M |
| Financing Cash Flow | -12.54M | -13.19M | -7.62M | -4.83M | -16.91M | -15.39M |
DHI Group Technical Analysis
Positive
3.85
Price Trends
3.90
Positive
3.54
Positive
2.77
Positive
Market Momentum
0.06
Negative
53.34
Neutral
67.32
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DHX, the sentiment is Positive. The current price of 3.85 is below the 20-day moving average (MA) of 4.03, below the 50-day MA of 3.90, and above the 200-day MA of 2.77, indicating a bullish trend. The MACD of 0.06 indicates Negative momentum. The RSI at 53.34 is Neutral, neither overbought nor oversold. The STOCH value of 67.32 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DHX.
DHI Group Risk Analysis
DHI Group disclosed 40 risk factors in its most recent earnings report. DHI Group reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
DHI Group Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | $236.86M | 29.05 | 11.98% | 1.86% | -7.54% | 237.08% | |
63 Neutral | $178.47M | 127.36 | 1.28% | ― | -7.34% | ― | |
62 Neutral | $89.61M | 42.37 | 2.60% | ― | -11.76% | 136.95% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
58 Neutral | $425.11M | 12.03 | -41.38% | ― | 0.41% | ― | |
55 Neutral | $27.36M | -307.00 | -2.14% | ― | -18.54% | 99.76% | |
51 Neutral | $58.28M | -7.16 | -19.17% | ― | -58.57% | 11.65% |
* Technology Sector Average
DHX
DHI Group
4.19
1.58
60.54%
JOB
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0.25
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25.00%
MHH
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1.08%
BGSF
BGSF
5.51
1.47
36.52%
HQI
HireQuest
17.14
7.56
78.97%
ZIP
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4.21
-0.85
-16.80%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.