NASDAQ:DDI

DoubleDown Interactive (DDI) Stock Price, News & Analysis

$10.60
+0.51 (+5.05%)
(As of 04/22/2024 ET)
Today's Range
$9.81
$11.21
50-Day Range
$9.59
$14.69
52-Week Range
$6.95
$15.96
Volume
42,125 shs
Average Volume
35,638 shs
Market Capitalization
$525.23 million
P/E Ratio
5.25
Dividend Yield
N/A
Price Target
$12.25

DoubleDown Interactive MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
15.6% Upside
$12.25 Price Target
Short Interest
Healthy
0.08% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
7.84%
From $2.04 to $2.20 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.13 out of 5 stars

Consumer Discretionary Sector

155th out of 264 stocks

Data Processing & Preparation Industry

26th out of 60 stocks

DDI stock logo

About DoubleDown Interactive Stock (NASDAQ:DDI)

DoubleDown Interactive Co., Ltd. engages in the development and publishing of casual games and mobile applications in South Korea. It publishes digital gaming content on mobile and web platforms. The company offers DoubleDown Casino, DoubleDown Classic, DoubleDown Fort Knox, and cash me out games, as well as sells in-game virtual chips. Its games are primarily distributed, marketed, and promoted through third party platform providers. The company was formerly known as The8Games Co., Ltd. and changed its name to DoubleDown Interactive Co., Ltd. in December 2019. The company was incorporated in 2008 and is headquartered in Seoul, South Korea. DoubleDown Interactive Co., Ltd. is a subsidiary of DoubleU Games Co., Ltd.

DDI Stock Price History

DDI Stock News Headlines

Healthcare Takes A Big Step Forward With The Help Of AI
The average doctor can diagnose an illness correctly 50-90% of the time. But one innovative company's medical AI gets it right 92%+.
Healthcare Takes A Big Step Forward With The Help Of AI
The average doctor can diagnose an illness correctly 50-90% of the time. But one innovative company's medical AI gets it right 92%+.
Adding DoubleDown Interactive To My Value Portfolio
Q2 2023 DoubleDown Interactive Co Ltd Earnings Call
See More Headlines
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Company Calendar

Last Earnings
2/13/2024
Today
4/22/2024
Next Earnings (Estimated)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
N/A
Current Symbol
NASDAQ:DDI
Fax
N/A
Employees
2,020
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$12.25
High Stock Price Target
$12.25
Low Stock Price Target
$12.25
Potential Upside/Downside
+15.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$100.89 million
Pretax Margin
42.46%

Debt

Sales & Book Value

Annual Sales
$308.86 million
Cash Flow
$0.57 per share
Book Value
$12.64 per share

Miscellaneous

Free Float
N/A
Market Cap
$525.23 million
Optionable
Not Optionable
Beta
0.71
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DDI Stock Analysis - Frequently Asked Questions

Should I buy or sell DoubleDown Interactive stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for DoubleDown Interactive in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" DDI shares.
View DDI analyst ratings
or view top-rated stocks.

What is DoubleDown Interactive's stock price target for 2024?

1 brokers have issued 12 month price objectives for DoubleDown Interactive's stock. Their DDI share price targets range from $12.25 to $12.25. On average, they anticipate the company's share price to reach $12.25 in the next twelve months. This suggests a possible upside of 15.6% from the stock's current price.
View analysts price targets for DDI
or view top-rated stocks among Wall Street analysts.

How have DDI shares performed in 2024?

DoubleDown Interactive's stock was trading at $7.35 on January 1st, 2024. Since then, DDI stock has increased by 44.2% and is now trading at $10.60.
View the best growth stocks for 2024 here
.

Are investors shorting DoubleDown Interactive?

DoubleDown Interactive saw a drop in short interest in March. As of March 31st, there was short interest totaling 39,800 shares, a drop of 29.4% from the March 15th total of 56,400 shares. Based on an average daily trading volume, of 38,500 shares, the days-to-cover ratio is presently 1.0 days.
View DoubleDown Interactive's Short Interest
.

When is DoubleDown Interactive's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our DDI earnings forecast
.

How were DoubleDown Interactive's earnings last quarter?

DoubleDown Interactive Co., Ltd. (NASDAQ:DDI) released its earnings results on Tuesday, February, 13th. The company reported $0.51 EPS for the quarter, topping analysts' consensus estimates of $0.49 by $0.02. The firm earned $83.10 million during the quarter, compared to the consensus estimate of $76.42 million. DoubleDown Interactive had a net margin of 32.51% and a trailing twelve-month return on equity of 14.62%.

When did DoubleDown Interactive IPO?

DoubleDown Interactive (DDI) raised $120 million in an IPO on Tuesday, August 31st 2021. The company issued 6,316,000 shares at a price of $18.00-$20.00 per share.

How do I buy shares of DoubleDown Interactive?

Shares of DDI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:DDI) was last updated on 4/23/2024 by MarketBeat.com Staff

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