What is Wedbush's Forecast for DDI Q1 Earnings?

Key Points

• Wedbush has issued Q1 2026 earnings estimates for DoubleDown Interactive, projecting an EPS of $0.57 and maintaining a "Strong-Buy" rating.
• DoubleDown recently reported Q2 earnings of $0.44 per share, which fell short of analysts' expectations of $0.51, despite revenues of $84.81 million exceeding estimates.
• The stock currently has a consensus target price of $19.25 with a mixed rating from analysts, including one "hold," three "buy" ratings, and one "strong buy."

DoubleDown Interactive Co., Ltd. Sponsored ADR (NASDAQ:DDI - Free Report) - Analysts at Wedbush issued their Q1 2026 earnings estimates for DoubleDown Interactive in a research report issued to clients and investors on Wednesday, August 13th. Wedbush analyst A. Reese expects that the company will post earnings per share of $0.57 for the quarter. 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 Q2 2026 earnings at $0.62 EPS, Q3 2026 earnings at $0.62 EPS and Q4 2026 earnings at $0.67 EPS.

DoubleDown Interactive (NASDAQ:DDI - Get Free Report) last posted its earnings results on Tuesday, August 12th. The company reported $0.44 earnings per share for the quarter, missing analysts' consensus estimates of $0.51 by ($0.07). The company had revenue of $84.81 million for the quarter, compared to the consensus estimate of $83.13 million. DoubleDown Interactive had a return on equity of 12.44% and a net margin of 31.91%.

A number of other research firms have also recently weighed in on DDI. Roth Capital began coverage on shares of DoubleDown Interactive in a research note on Monday, June 23rd. They set a "buy" rating and a $16.00 target price on the stock. 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, B. Riley decreased their target price on shares of DoubleDown Interactive from $23.00 to $22.00 and set a "buy" rating on the stock in a research note on Wednesday, May 14th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, DoubleDown Interactive has a consensus rating of "Buy" and a consensus target price of $19.25.

DoubleDown Interactive Stock Up 0.4%

Shares of NASDAQ DDI traded up $0.04 during midday trading on Friday, reaching $9.51. 798 shares of the company were exchanged, compared to its average volume of 49,258. The stock's 50-day moving average price is $9.56 and its 200-day moving average price is $9.82. The stock has a market cap of $471.22 million, a P/E ratio of 4.42 and a beta of 0.86. DoubleDown Interactive has a one year low of $8.09 and a one year high of $18.21.

Hedge Funds Weigh In On DoubleDown Interactive

A number of hedge funds have recently modified their holdings of DDI. Ameriprise Financial Inc. lifted its holdings in DoubleDown Interactive by 130.2% in the second quarter. Ameriprise Financial Inc. now owns 1,231,132 shares of the company's stock valued at $11,782,000 after buying an additional 696,366 shares during the period. Hudson Bay Capital Management LP acquired a new position in DoubleDown Interactive in the second quarter valued at $5,759,000. 683 Capital Management LLC acquired a new position in DoubleDown Interactive in the second quarter valued at $2,632,000. B. Riley Financial Inc. lifted its holdings in DoubleDown Interactive by 3.8% in the fourth quarter. B. Riley Financial Inc. now owns 4,186,412 shares of the company's stock valued at $43,706,000 after buying an additional 154,087 shares during the period. Finally, Walleye Capital LLC acquired a new position in DoubleDown Interactive in the fourth quarter valued at $588,000.

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.