Digital Dept. Celebrates Record-Breaking Success with Latest BRANDEdit Event | DLPN Stock News

Author's Avatar
3 days ago

The Digital Dept. has announced that its most recent BRANDEdit experience has been its most successful event yet in terms of revenue. The event, held on April 9th and 10th in Los Angeles, transformed a custom-built grocery store into an immersive setting that attracted nearly 150 influencers.

The two-day event provided these creators with the opportunity to engage with a variety of standout products and meet the entrepreneurs behind the brands. The unique setting was designed to be visually appealing, allowing participants to capture and create engaging content.

This successful gathering marks a significant milestone for the Digital Dept., reflecting their innovative approach to marketing and influencer engagement.

Wall Street Analysts Forecast

1914674835011825664.png

Based on the one-year price targets offered by 1 analysts, the average target price for Dolphin Entertainment Inc (DLPN, Financial) is $5.00 with a high estimate of $5.00 and a low estimate of $5.00. The average target implies an upside of 390.20% from the current price of $1.02. More detailed estimate data can be found on the Dolphin Entertainment Inc (DLPN) Forecast page.

Based on the consensus recommendation from 1 brokerage firms, Dolphin Entertainment Inc's (DLPN, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

Based on GuruFocus estimates, the estimated GF Value for Dolphin Entertainment Inc (DLPN, Financial) in one year is $2.38, suggesting a upside of 133.33% from the current price of $1.02. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Dolphin Entertainment Inc (DLPN) Summary page.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.