DoubleDown Interactive Co., Ltd. Sponsored ADR (NASDAQ:DDI – Get Free Report) has earned an average recommendation of “Hold” from the five research firms that are covering the company, Marketbeat reports. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $18.3333.
DDI has been the topic of several recent analyst reports. Wedbush lowered their price target on DoubleDown Interactive from $21.00 to $15.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 13th. B. Riley Financial lifted their price objective on shares of DoubleDown Interactive from $22.00 to $24.00 and gave the company a “buy” rating in a research report on Wednesday. Freedom Capital cut shares of DoubleDown Interactive from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 28th. Wall Street Zen upgraded shares of DoubleDown Interactive from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of DoubleDown Interactive in a research report on Friday.
Check Out Our Latest Research Report on DDI
DoubleDown Interactive Stock Performance
DoubleDown Interactive (NASDAQ:DDI – Get Free Report) last issued its quarterly earnings results on Tuesday, August 11th. The company reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.05. DoubleDown Interactive had a net margin of 30.77% and a return on equity of 12.16%. The firm had revenue of $94.29 million for the quarter, compared to analyst estimates of $92.90 million. On average, research analysts forecast that DoubleDown Interactive will post 2.51 earnings per share for the current year.
Key Headlines Impacting DoubleDown Interactive
Here are the key news stories impacting DoubleDown Interactive this week:
- Positive Sentiment: B. Riley raises price target and rating: B. Riley Financial increased its price target for DDI from $22 to $24 and upgraded the stock to “Buy.” The new target implies approximately 95.6% upside from the referenced $12.27 share price, providing a strong bullish catalyst. Benzinga analyst upgrade
- Positive Sentiment: Quarterly earnings exceeded expectations: DoubleDown reported second-quarter revenue of $94.29 million, up 11.2% year over year and above the $92.90 million consensus estimate. Earnings per share came in at $0.66, beating analysts’ $0.61 estimate by $0.05. The company also posted a 30.77% net margin and 12.16% return on equity, reinforcing the case for strong profitability. DoubleDown second-quarter results
- Neutral Sentiment: Investor focus remains on the earnings call: The company’s Q2 2026 earnings call transcript may provide additional details on bookings, user engagement, game launches and management’s outlook, but no separate material guidance change was included in the provided report. DoubleDown Q2 2026 earnings call transcript
- Negative Sentiment: Short interest increased: Short interest rose 173.2% to 26,040 shares as of July 31. However, short positions represent only about 0.1% of shares outstanding and 0.4 days of average trading volume, suggesting limited immediate downside pressure from bearish positioning.
Institutional Investors Weigh In On DoubleDown Interactive
Several large investors have recently made changes to their positions in DDI. BRC Group Holdings Inc. grew its position in DoubleDown Interactive by 0.8% during the fourth quarter. BRC Group Holdings Inc. now owns 3,477,440 shares of the company’s stock valued at $30,010,000 after buying an additional 26,937 shares during the period. Ameriprise Financial Inc. boosted its holdings in shares of DoubleDown Interactive by 10.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,357,163 shares of the company’s stock worth $12,676,000 after purchasing an additional 126,031 shares in the last quarter. Hudson Bay Capital Management LP purchased a new position in shares of DoubleDown Interactive during the second quarter worth approximately $5,759,000. 683 Capital Management LLC boosted its stake in shares of DoubleDown Interactive by 66.7% in the 4th quarter. 683 Capital Management LLC now owns 500,000 shares of the company’s stock valued at $4,315,000 after purchasing an additional 200,000 shares in the last quarter. Finally, Stonehill Capital Management LLC grew its holdings in shares of DoubleDown Interactive by 49.1% during the 3rd quarter. Stonehill Capital Management LLC now owns 190,605 shares of the company’s stock valued at $1,780,000 after purchasing an additional 62,735 shares during the last quarter.
About DoubleDown Interactive
DoubleDown Interactive (NASDAQ: DDI) is a digital entertainment company that specializes in the development and publishing of social casino games. The company’s portfolio centers around free-to-play titles that emulate the experience of land-based casino games such as slots, video poker, bingo and table games. By blending high-quality graphics, engaging gameplay features and real-time social mechanics, DoubleDown Interactive aims to deliver a virtual casino environment accessible via web, mobile and social media platforms.
The company’s flagship offering, DoubleDown Casino, serves as a hub for multiple slot and table-style games, enabling millions of registered players to compete in tournaments, unlock new machines and purchase virtual coins through in-app transactions.
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