Wedbush Raises Earnings Estimates for DoubleDown Interactive

DoubleDown Interactive Co., Ltd. Sponsored ADR (NASDAQ:DDI) – Equities research analysts at Wedbush upped their Q3 2025 earnings estimates for shares of DoubleDown Interactive in a research note issued on Wednesday, August 13th. Wedbush analyst A. Reese now expects that the company will earn $0.65 per share for the quarter, up from their prior estimate of $0.60. Wedbush 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.

A number of other research firms have also issued reports on DDI. Roth Capital started coverage on shares of DoubleDown Interactive in a report on Monday, June 23rd. They issued a “buy” rating and a $16.00 target price on the stock. B. Riley reduced 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. Finally, Wall Street Zen lowered shares of DoubleDown Interactive from a “buy” rating to a “hold” rating in a report on Thursday, May 22nd. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $19.25.

DoubleDown Interactive Trading Up 3.0%

Shares of NASDAQ DDI opened at $9.67 on Thursday. The stock has a market cap of $479.15 million, a price-to-earnings ratio of 4.50 and a beta of 0.86. The company’s 50-day moving average price is $9.60 and its 200 day moving average price is $9.83. DoubleDown Interactive has a 52 week low of $8.09 and a 52 week high of $18.21.

DoubleDown Interactive (NASDAQ:DDI) last issued its quarterly earnings data 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%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of DDI. B. Riley Financial Inc. increased its stake 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 valued at $43,706,000 after acquiring an additional 154,087 shares during the last quarter. Walleye Capital LLC acquired a new position in shares of DoubleDown Interactive during the 4th quarter valued at about $588,000. Ameriprise Financial Inc. increased its stake 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 valued at $5,401,000 after acquiring an additional 48,244 shares during the last quarter. Acadian Asset Management LLC increased its stake in shares of DoubleDown Interactive by 124.7% during the 1st quarter. Acadian Asset Management LLC now owns 60,282 shares of the company’s stock valued at $591,000 after acquiring an additional 33,459 shares during the last quarter. Finally, Marshall Wace LLP increased its stake in shares of DoubleDown Interactive by 129.3% during the 4th quarter. Marshall Wace LLP now owns 47,420 shares of the company’s stock valued at $495,000 after acquiring an additional 26,743 shares during the last quarter.

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.