Roth Capital Has Bullish Estimate for DDI FY2025 Earnings

DoubleDown Interactive Co., Ltd. Sponsored ADR (NASDAQ:DDI) – Roth Capital boosted their FY2025 EPS estimates for shares of DoubleDown Interactive in a research report issued to clients and investors on Tuesday, November 11th. Roth Capital analyst E. Handler now anticipates that the company will post earnings per share of $2.24 for the year, up from their previous estimate of $2.16. The consensus estimate for DoubleDown Interactive’s current full-year earnings is $2.28 per share. Roth Capital also issued estimates for DoubleDown Interactive’s FY2026 earnings at $2.35 EPS and FY2027 earnings at $2.49 EPS.

DoubleDown Interactive (NASDAQ:DDI) last announced its earnings results on Monday, November 10th. The company reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.06. The company had revenue of $95.85 million during the quarter, compared to analyst estimates of $94.28 million. DoubleDown Interactive had a net margin of 32.94% and a return on equity of 12.92%.

DDI has been the topic of a number of other reports. Loop Capital set a $16.00 price objective on DoubleDown Interactive in a report on Monday, November 3rd. Zacks Research downgraded shares of DoubleDown Interactive from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 29th. Wedbush restated an “outperform” rating and issued a $21.00 price objective on shares of DoubleDown Interactive in a report on Tuesday. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of DoubleDown Interactive in a report on Wednesday, October 8th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, DoubleDown Interactive has a consensus rating of “Moderate Buy” and an average target price of $18.60.

DoubleDown Interactive Stock Up 2.5%

Shares of DDI stock opened at $9.34 on Wednesday. The business has a 50-day moving average price of $9.13 and a two-hundred day moving average price of $9.51. DoubleDown Interactive has a 12-month low of $8.09 and a 12-month high of $17.31. The firm has a market cap of $462.80 million, a P/E ratio of 4.06 and a beta of 0.85.

Institutional Trading of DoubleDown Interactive

A number of institutional investors have recently made changes to their positions in DDI. Osaic Holdings Inc. grew its holdings in shares of DoubleDown Interactive by 338.6% in the second quarter. Osaic Holdings Inc. now owns 3,105 shares of the company’s stock worth $30,000 after purchasing an additional 2,397 shares during the last quarter. Trexquant Investment LP boosted its position in DoubleDown Interactive by 70.6% during the 1st quarter. Trexquant Investment LP now owns 17,262 shares of the company’s stock valued at $171,000 after buying an additional 7,142 shares during the period. Charles Schwab Investment Management Inc. purchased a new stake in DoubleDown Interactive during the 1st quarter valued at $202,000. Goldman Sachs Group Inc. grew its holdings in DoubleDown Interactive by 127.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 28,790 shares of the company’s stock worth $285,000 after acquiring an additional 16,128 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new position in shares of DoubleDown Interactive in the third quarter valued at about $319,000.

About DoubleDown Interactive

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.