What is Wedbush's Forecast for DDI Q2 Earnings?

DoubleDown Interactive Co., Ltd. Sponsored ADR (NASDAQ:DDI - Free Report) - Stock analysts at Wedbush issued their Q2 2025 earnings estimates for shares of DoubleDown Interactive in a research report issued to clients and investors on Tuesday, July 1st. Wedbush analyst A. Reese anticipates that the company will earn $0.55 per share for the quarter. Wedbush currently 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 Q3 2025 earnings at $0.60 EPS, Q4 2025 earnings at $0.61 EPS, FY2025 earnings at $2.24 EPS, FY2026 earnings at $2.28 EPS and FY2027 earnings at $2.37 EPS.

A number of other brokerages also recently weighed in on DDI. Wall Street Zen downgraded shares of DoubleDown Interactive from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. Roth Capital began coverage on shares of DoubleDown Interactive in a report on Monday, June 23rd. They issued a "buy" rating and a $16.00 price target for the company. Finally, B. Riley reduced their price target on shares of DoubleDown Interactive from $23.00 to $22.00 and set a "buy" rating for the company in a report on Wednesday, May 14th. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, DoubleDown Interactive currently has an average rating of "Buy" and a consensus price target of $19.25.

DoubleDown Interactive Stock Performance

DoubleDown Interactive stock traded up $0.12 during mid-day trading on Friday, reaching $9.72. The company had a trading volume of 23,421 shares, compared to its average volume of 46,535. The company has a quick ratio of 16.04, a current ratio of 16.04 and a debt-to-equity ratio of 0.04. DoubleDown Interactive has a 52 week low of $8.09 and a 52 week high of $18.21. The company has a 50 day moving average of $9.80 and a 200-day moving average of $10.01. The firm has a market cap of $481.63 million, a price-to-earnings ratio of 4.09 and a beta of 0.87.

DoubleDown Interactive (NASDAQ:DDI - Get Free Report) last issued its quarterly earnings results on Tuesday, May 13th. The company reported $0.48 earnings per share for the quarter, missing analysts' consensus estimates of $0.55 by ($0.07). DoubleDown Interactive had a net margin of 34.95% and a return on equity of 14.21%. The company had revenue of $83.49 million during the quarter, compared to the consensus estimate of $84.63 million.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. raised its position in DoubleDown Interactive by 127.4% in the first quarter. Goldman Sachs Group Inc. now owns 28,790 shares of the company's stock worth $285,000 after purchasing an additional 16,128 shares in the last quarter. Acadian Asset Management LLC raised its position in DoubleDown Interactive by 124.7% in the first quarter. Acadian Asset Management LLC now owns 60,282 shares of the company's stock worth $591,000 after purchasing an additional 33,459 shares in the last quarter. Trexquant Investment LP raised its position in DoubleDown Interactive by 70.6% in the first quarter. Trexquant Investment LP now owns 17,262 shares of the company's stock worth $171,000 after purchasing an additional 7,142 shares in the last quarter. Boston Partners raised its position in DoubleDown Interactive by 44.8% in the first quarter. Boston Partners now owns 49,149 shares of the company's stock worth $487,000 after purchasing an additional 15,196 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. acquired a new stake in shares of DoubleDown Interactive during the first quarter worth approximately $202,000.

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.