What is Roth Capital’s Forecast for DDI FY2025 Earnings?

DoubleDown Interactive Co., Ltd. Sponsored ADR (NASDAQ:DDI) – Equities research analysts at Roth Capital upped their FY2025 earnings per share estimates for DoubleDown Interactive in a research note issued on Tuesday, November 11th. Roth Capital analyst E. Handler now forecasts that the company will post earnings per share of $2.24 for the year, up from their previous forecast of $2.16. The consensus estimate for DoubleDown Interactive’s current full-year earnings is $2.28 per share. Roth Capital also issued estimates for DoubleDown Interactive’s FY2026 earnings at $2.35 EPS and FY2027 earnings at $2.49 EPS.

Other equities analysts also recently issued reports about the stock. Zacks Research downgraded shares of DoubleDown Interactive from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 29th. Loop Capital set a $16.00 target price on shares of DoubleDown Interactive in a research note on Monday, November 3rd. Wedbush restated an “outperform” rating and set a $21.00 target price on shares of DoubleDown Interactive in a report on Tuesday. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of DoubleDown Interactive in a report on Wednesday, October 8th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $18.60.

DoubleDown Interactive Stock Performance

Shares of DDI stock opened at $9.11 on Wednesday. DoubleDown Interactive has a fifty-two week low of $8.09 and a fifty-two week high of $18.21. The stock’s fifty day moving average is $9.13 and its two-hundred day moving average is $9.51. The firm has a market capitalization of $451.40 million, a P/E ratio of 3.96 and a beta of 0.85.

DoubleDown Interactive (NASDAQ:DDI) last issued its quarterly earnings results on Tuesday, August 12th. The company reported $0.44 EPS for the quarter, missing the consensus estimate of $0.51 by ($0.07). The firm had revenue of $84.81 million for the quarter, compared to analysts’ expectations of $83.13 million. DoubleDown Interactive had a return on equity of 13.13% and a net margin of 32.94%.

Institutional Investors Weigh In On DoubleDown Interactive

Institutional investors and hedge funds have recently modified their holdings of the company. Charles Schwab Investment Management Inc. acquired a new position in DoubleDown Interactive during the 1st quarter worth about $202,000. Goldman Sachs Group Inc. increased its stake in DoubleDown Interactive by 127.4% during 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 during the period. Trexquant Investment LP increased its stake in DoubleDown Interactive by 70.6% during 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 during the period. Boston Partners lifted its position in shares of DoubleDown Interactive by 44.8% during 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, Hudson Bay Capital Management LP purchased a new position in shares of DoubleDown Interactive in the second quarter valued at approximately $5,759,000.

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.