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NASDAQ:DDI

DoubleDown Interactive (DDI) Stock Price, News & Analysis

$12.41
-0.59 (-4.54%)
(As of 05/28/2024 ET)
Today's Range
$12.21
$13.00
50-Day Range
$9.59
$13.00
52-Week Range
$6.95
$15.96
Volume
14,419 shs
Average Volume
31,291 shs
Market Capitalization
N/A
P/E Ratio
5.77
Dividend Yield
N/A
Price Target
$14.75

DoubleDown Interactive MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
18.9% Upside
$14.75 Price Target
Short Interest
Bearish
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.71mentions of DoubleDown Interactive in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
3.29%
From $2.13 to $2.20 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.49 out of 5 stars

DDI stock logo

About DoubleDown Interactive Stock (NASDAQ:DDI)

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. Its games are primarily distributed, marketed, and promoted through third party platform providers. The company was formerly known as The8Games Co., Ltd. and changed its name to DoubleDown Interactive Co., Ltd. in December 2019. The company was incorporated in 2008 and is headquartered in Seoul, South Korea. DoubleDown Interactive Co., Ltd. is a subsidiary of DoubleU Games Co., Ltd.

DDI Stock Price History

DDI Stock News Headlines

Adding DoubleDown Interactive To My Value Portfolio
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Company Calendar

Last Earnings
5/08/2024
Today
5/28/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
N/A
Current Symbol
NASDAQ:DDI
Fax
N/A
Employees
2,020
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$14.75
High Stock Price Target
$14.75
Low Stock Price Target
$14.75
Potential Upside/Downside
+18.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$100.89 million
Pretax Margin
43.54%

Debt

Sales & Book Value

Annual Sales
$308.86 million
Cash Flow
$0.51 per share
Book Value
$12.64 per share

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
0.71
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Key Executives

  • Mr. In Keuk Kim (Age 46)
    CEO & Director
  • Mr. Joseph A. Sigrist (Age 62)
    CFO & Director
  • Ms. Haenam Kim (Age 45)
    Chief Marketing Officer & Director
  • Mr. Ki Chul Kim (Age 45)
    Chief Data Officer & Director

DDI Stock Analysis - Frequently Asked Questions

Should I buy or sell DoubleDown Interactive stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DoubleDown Interactive in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" DDI shares.
View DDI analyst ratings
or view top-rated stocks.

What is DoubleDown Interactive's stock price target for 2024?

2 Wall Street research analysts have issued 1-year target prices for DoubleDown Interactive's stock. Their DDI share price targets range from $14.75 to $14.75. On average, they anticipate the company's stock price to reach $14.75 in the next twelve months. This suggests a possible upside of 18.9% from the stock's current price.
View analysts price targets for DDI
or view top-rated stocks among Wall Street analysts.

How have DDI shares performed in 2024?

DoubleDown Interactive's stock was trading at $7.35 at the beginning of the year. Since then, DDI stock has increased by 68.8% and is now trading at $12.41.
View the best growth stocks for 2024 here
.

Are investors shorting DoubleDown Interactive?

DoubleDown Interactive saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 53,300 shares, an increase of 22.8% from the April 30th total of 43,400 shares. Based on an average daily trading volume, of 30,400 shares, the days-to-cover ratio is currently 1.8 days.
View DoubleDown Interactive's Short Interest
.

When is DoubleDown Interactive's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our DDI earnings forecast
.

How were DoubleDown Interactive's earnings last quarter?

DoubleDown Interactive Co., Ltd. (NASDAQ:DDI) released its quarterly earnings results on Wednesday, May, 8th. The company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.11. The business earned $88.14 million during the quarter, compared to analysts' expectations of $82.20 million. DoubleDown Interactive had a net margin of 33.51% and a trailing twelve-month return on equity of 15.00%.

When did DoubleDown Interactive IPO?

DoubleDown Interactive (DDI) raised $120 million in an initial public offering (IPO) on Tuesday, August 31st 2021. The company issued 6,316,000 shares at a price of $18.00-$20.00 per share.

Who are DoubleDown Interactive's major shareholders?

DoubleDown Interactive's stock is owned by a variety of retail and institutional investors. Top institutional investors include B. Riley Financial Inc. (0.00%) and Equitec Proprietary Markets LLC (0.00%).

How do I buy shares of DoubleDown Interactive?

Shares of DDI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:DDI) was last updated on 5/29/2024 by MarketBeat.com Staff

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