Wedbush Raises Earnings Estimates for DoubleDown Interactive

DoubleDown Interactive Co., Ltd. Sponsored ADR (NASDAQ:DDI) – Analysts at Wedbush boosted their Q3 2025 EPS estimates for shares of DoubleDown Interactive in a research report issued on Wednesday, August 13th. Wedbush analyst A. Reese now expects that the company will post earnings of $0.65 per share for the quarter, up from their prior forecast of $0.60. Wedbush currently has a “Strong-Buy” rating on the stock. The consensus estimate for DoubleDown Interactive’s current full-year earnings is $2.28 per share. Wedbush also issued estimates for DoubleDown Interactive’s Q4 2025 earnings at $0.66 EPS, FY2025 earnings at $2.23 EPS, FY2026 earnings at $2.48 EPS and FY2027 earnings at $2.57 EPS.

DoubleDown Interactive (NASDAQ:DDI) last announced its earnings results on Tuesday, August 12th. The company reported $0.44 EPS for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.07). The business had revenue of $84.81 million during the quarter, compared to analyst estimates of $83.13 million. DoubleDown Interactive had a net margin of 31.91% and a return on equity of 12.44%.

A number of other brokerages have also recently commented on DDI. B. Riley cut their target price on shares of DoubleDown Interactive from $23.00 to $22.00 and set a “buy” rating on the stock in a report on Wednesday, May 14th. Wall Street Zen cut shares of DoubleDown Interactive from a “buy” rating to a “hold” rating in a research note on Thursday, May 22nd. Finally, Roth Capital assumed coverage on shares of DoubleDown Interactive in a research note on Monday, June 23rd. They issued a “buy” rating and a $16.00 price objective on the stock. One analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $19.25.

DoubleDown Interactive Price Performance

Shares of DoubleDown Interactive stock opened at $9.67 on Thursday. The firm’s fifty day simple moving average is $9.60 and its 200-day simple moving average is $9.83. The stock has a market capitalization of $479.15 million, a price-to-earnings ratio of 4.50 and a beta of 0.86. DoubleDown Interactive has a 12 month low of $8.09 and a 12 month high of $18.21.

Hedge Funds Weigh In On DoubleDown Interactive

Several institutional investors have recently bought and sold shares of the company. B. Riley Financial Inc. boosted its position in shares of DoubleDown Interactive by 3.8% during the 4th quarter. B. Riley Financial Inc. now owns 4,186,412 shares of the company’s stock worth $43,706,000 after purchasing an additional 154,087 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of DoubleDown Interactive by 1,376.7% during the 1st quarter. GAMMA Investing LLC now owns 1,713 shares of the company’s stock worth $173,000 after purchasing an additional 1,597 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of DoubleDown Interactive by 10.3% during the 4th quarter. Ameriprise Financial Inc. now owns 517,341 shares of the company’s stock worth $5,401,000 after purchasing an additional 48,244 shares in the last quarter. BNP Paribas Financial Markets purchased a new stake in shares of DoubleDown Interactive during the 4th quarter worth $111,000. Finally, Marshall Wace LLP boosted its position in shares of DoubleDown Interactive by 129.3% in the 4th quarter. Marshall Wace LLP now owns 47,420 shares of the company’s stock worth $495,000 after buying an additional 26,743 shares in the last quarter.

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.