DoubleDown Interactive (DDI) Expected to Announce Earnings on Wednesday

DoubleDown Interactive (NASDAQ:DDI) will likely be announcing its Q1 2025 earnings results before the market opens on Wednesday, May 14th. Analysts expect the company to announce earnings of $0.55 per share and revenue of $84.63 million for the quarter.

DoubleDown Interactive Trading Up 1.9%

DDI stock opened at $11.06 on Monday. The business’s 50 day moving average is $9.83 and its 200-day moving average is $11.15. The company has a current ratio of 19.38, a quick ratio of 21.25 and a debt-to-equity ratio of 0.04. DoubleDown Interactive has a 1-year low of $8.88 and a 1-year high of $18.21. The firm has a market cap of $548.06 million, a P/E ratio of 4.41 and a beta of 0.89.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on DDI. Wedbush reaffirmed an “outperform” rating and issued a $21.00 target price on shares of DoubleDown Interactive in a report on Wednesday, February 12th. B. Riley initiated coverage on DoubleDown Interactive in a research report on Tuesday, February 25th. They issued a “buy” rating and a $23.00 price target on the stock. Finally, Northland Securities cut their price objective on DoubleDown Interactive from $21.00 to $18.00 and set an “outperform” rating on the stock in a report on Wednesday, February 12th.

DoubleDown Interactive Company Profile

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.