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 twelve months. 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 analysts have issued twelve-month price targets 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 15.0% 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 shares have increased by 44.9% and is now trading at $10.65. View the best growth stocks for 2024 here .

Are investors shorting DoubleDown Interactive?

DoubleDown Interactive saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 39,800 shares, a decline of 29.4% from the March 15th total of 56,400 shares. Based on an average trading volume of 38,500 shares, the days-to-cover ratio is currently 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) announced its quarterly earnings results on Tuesday, February, 13th. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.02. The company earned $83.10 million during the quarter, compared to analyst estimates of $76.42 million. DoubleDown Interactive had a trailing twelve-month return on equity of 14.62% and a net margin of 32.51%.

When did DoubleDown Interactive IPO?

DoubleDown Interactive (DDI) raised $120 million in an initial public offering 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 .

NASDAQ:DDI

DoubleDown Interactive (DDI) Stock Price, News & Analysis

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$10.65

+0.38 (+3.70%)

(As of 04/18/2024 ET)

Compare

Today's Range: $9.96
▼
$10.66
50-Day Range: $9.03
▼
$14.69
52-Week Range: $6.95
▼
$15.96

Volume: 9,096 shs
Average Volume: 33,932 shs
Market Capitalization: N/A

P/E Ratio: 5.27
Dividend Yield: N/A
Price Target: $12.25

Get DoubleDown Interactive alerts:

DoubleDown Interactive MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 15.0% Upside
$12.25 Price Target
Short Interest: Healthy
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.

2.76 out of 5 stars

2.5

Analyst's Opinion

Consensus Rating
DoubleDown Interactive has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
DoubleDown Interactive has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
Short Interest Ratio / Days to Cover
DoubleDown Interactive has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in DoubleDown Interactive has recently decreased by 29.43%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
DoubleDown Interactive does not currently pay a dividend.
Dividend Growth
DoubleDown Interactive does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for DDI.

0.6

News and Social Media Coverage

Search Interest
1 people have searched for DDI on MarketBeat in the last 30 days.
MarketBeat Follows
Only 2 people have added DoubleDown Interactive to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

N/A

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, DoubleDown Interactive insiders have not sold or bought any company stock.

3.1

Earnings and Valuation

Earnings Growth
Earnings for DoubleDown Interactive are expected to grow by 7.84% in the coming year, from $2.04 to $2.20 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of DoubleDown Interactive is 5.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.92.
Price to Earnings Ratio vs. Sector
The P/E ratio of DoubleDown Interactive is 5.27, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 14.70.
Price to Book Value per Share Ratio
DoubleDown Interactive has a P/B Ratio of 0.84. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

DDI Stock News Headlines

March 29, 2024 | finance.yahoo.com

DoubleDown Interactive Announces Results of 2024 Annual General Meeting

March 29, 2024 | finanznachrichten.de

DoubleDown Interactive Co., Ltd.: DoubleDown Interactive Announces Results of 2024 Annual General Meeting

April 19, 2024 | InvestorPlace (Ad)

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March 29, 2024 | globenewswire.com

DoubleDown Interactive Announces Results of 2024 Annual General Meeting

February 15, 2024 | finanznachrichten.de

DoubleDown Interactive Co., Ltd.: DoubleDown Interactive Reports Fourth Quarter and Full Year 2023 Financial Results

February 15, 2024 | msn.com

Here's Why 'Trend' Investors Would Love Betting on DoubleDown Interactive Co., Ltd. Sponsored ADR (DDI)

February 15, 2024 | finance.yahoo.com

DoubleDown Interactive Co., Ltd. (NASDAQ:DDI) Q4 2023 Earnings Call Transcript

February 13, 2024 | finance.yahoo.com

DoubleDown Interactive Reports Fourth Quarter and Full Year 2023 Financial Results

April 19, 2024 | InvestorPlace (Ad)

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February 8, 2024 | markets.businessinsider.com

Analysts Offer Insights on Communication Services Companies: Doubledown Interactive Co (DDI) and T Mobile US (TMUS)

February 4, 2024 | finance.yahoo.com

Investors Will Want DoubleDown Interactive's (NASDAQ:DDI) Growth In ROCE To Persist

January 4, 2024 | finance.yahoo.com

DoubleDown Interactive to Participate in iAccess Alpha Virtual MicroCap Conference on January 9th and 10th

November 27, 2023 | finance.yahoo.com

Wall Street Analysts See a 75.35% Upside in DoubleDown Interactive Co., Ltd. Sponsored ADR (DDI): Can the Stock Really Move This High?

November 12, 2023 | finance.yahoo.com

DoubleDown Interactive Co., Ltd. (NASDAQ:DDI) Q3 2023 Earnings Call Transcript

November 10, 2023 | finance.yahoo.com

Wall Street Analysts Think DoubleDown Interactive Co., Ltd. Sponsored ADR (DDI) Could Surge 73.73%: Read This Before Placing a Bet

November 8, 2023 | finance.yahoo.com

DoubleDown Interactive Reports Third Quarter 2023 Financial Results

November 8, 2023 | finance.yahoo.com

Has Capcom (CCOEY) Outpaced Other Consumer Discretionary Stocks This Year?

November 6, 2023 | seekingalpha.com

Adding DoubleDown Interactive To My Value Portfolio

October 31, 2023 | finance.yahoo.com

DoubleDown Interactive Completes Acquisition Of iGaming Operator, SuprNation

October 18, 2023 | finance.yahoo.com

DoubleDown Interactive to Report 2023 Third Quarter Results on November 8 and Host Conference Call and Webcast

August 29, 2023 | finance.yahoo.com

Wall Street Analysts Believe DoubleDown Interactive Co., Ltd. Sponsored ADR (DDI) Could Rally 81.53%: Here's is How to Trade

August 27, 2023 | finance.yahoo.com

DoubleDown Interactive (NASDAQ:DDI) Knows How To Allocate Capital Effectively

August 10, 2023 | finance.yahoo.com

After Plunging -12.51% in 4 Weeks, Here's Why the Trend Might Reverse for DoubleDown Interactive Co., Ltd. Sponsored ADR (DDI)

August 9, 2023 | finance.yahoo.com

Q2 2023 DoubleDown Interactive Co Ltd Earnings Call

May 15, 2023 | finance.yahoo.com

Earnings Estimates Moving Higher for DoubleDown Interactive Co., Ltd. Sponsored ADR (DDI): Time to Buy?

May 2, 2023 | marketwatch.com

InvestorNewsBreaks - DoubleDown Interactive Co. Ltd. (NASDAQ: DDI) to Report Q1 2023 Results, Host Conference Call and Webcast

April 25, 2023 | msn.com

Wedbush Initiates Coverage of DoubleDown Interactive Co Ltd - ADR (DDI) with Outperform Recommendation

See More Headlines

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Company Calendar

Last Earnings: 2/13/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Consumer Discretionary
Industry: Data processing & preparation
Sub-Industry: N/A
Current Symbol: NASDAQ:DDI
CUSIP: N/A
CIK: 1799567
Web: www.doubledowninteractive.com
Phone: 82-2-5017-216x
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: +15.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.02
Trailing P/E Ratio: 5.27
Forward P/E Ratio: 5.22
P/E Growth: N/A
Net Income: $100.89 million
Net Margins: 32.51%
Pretax Margin: 42.46%
Return on Equity: 14.62%
Return on Assets: 12.89%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 4.61
Quick Ratio: 4.61

Sales & Book Value

Annual Sales: $308.86 million
Price / Sales: N/A
Cash Flow: $0.59 per share
Price / Cash Flow: 18.17
Book Value: $12.64 per share
Price / Book: 0.84

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: 0.71

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Key Executives

Mr. In Keuk Kim (Age 46)
CEO & Director
Mr. Joseph A. Sigrist (Age 62)
CFO & Director
Ms. Haenam Kim (Age 45)
Chief Marketing Officer & Director
Mr. Ki Chul Kim (Age 45)
Chief Data Officer & Director

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

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 twelve months. 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 analysts have issued twelve-month price targets 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 15.0% 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 shares have increased by 44.9% and is now trading at $10.65.
View the best growth stocks for 2024 here.
Are investors shorting DoubleDown Interactive?: DoubleDown Interactive saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 39,800 shares, a decline of 29.4% from the March 15th total of 56,400 shares. Based on an average trading volume of 38,500 shares, the days-to-cover ratio is currently 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) announced its quarterly earnings results on Tuesday, February, 13th. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.02. The company earned $83.10 million during the quarter, compared to analyst estimates of $76.42 million. DoubleDown Interactive had a trailing twelve-month return on equity of 14.62% and a net margin of 32.51%.
When did DoubleDown Interactive IPO?: DoubleDown Interactive (DDI) raised $120 million in an initial public offering 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 4/19/2024 by MarketBeat.com Staff

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DoubleDown Interactive (DDI) Stock Price, News & Analysis

DoubleDown Interactive MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About DoubleDown Interactive Stock (NASDAQ:DDI)

DDI Stock Price History

DDI Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

DDI Stock Analysis - Frequently Asked Questions

Overall MarketRank^™