What is Wedbush’s Forecast for DDI FY2025 Earnings?

DoubleDown Interactive Co., Ltd. (NASDAQ:DDI) – Stock analysts at Wedbush cut their FY2025 earnings estimates for shares of DoubleDown Interactive in a report released on Wednesday, February 12th. Wedbush analyst M. Pachter now forecasts that the company will post earnings of $2.30 per share for the year, down from their previous forecast of $2.31. Wedbush currently has a “Outperform” rating and a $21.00 target price on the stock. The consensus estimate for DoubleDown Interactive’s current full-year earnings is $2.38 per share. Wedbush also issued estimates for DoubleDown Interactive’s Q4 2025 earnings at $0.60 EPS, FY2026 earnings at $2.33 EPS and FY2027 earnings at $2.37 EPS.

Separately, Northland Securities dropped their price target on DoubleDown Interactive from $21.00 to $18.00 and set an “outperform” rating on the stock in a research note on Wednesday.

DoubleDown Interactive Stock Performance

DDI opened at $10.01 on Thursday. The company has a quick ratio of 21.25, a current ratio of 21.25 and a debt-to-equity ratio of 0.05. DoubleDown Interactive has a 12-month low of $8.56 and a 12-month high of $18.21. The business has a 50 day moving average of $10.80 and a 200-day moving average of $12.90. The stock has a market cap of $496.03 million, a price-to-earnings ratio of 4.35 and a beta of 0.94.

DoubleDown Interactive (NASDAQ:DDI) last announced its quarterly earnings results on Monday, November 11th. The company reported $0.51 earnings per share for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.04). The business had revenue of $82.98 million for the quarter, compared to analyst estimates of $83.49 million. DoubleDown Interactive had a return on equity of 14.78% and a net margin of 33.28%. During the same period last year, the firm earned $0.54 EPS.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. bought a new stake in shares of DoubleDown Interactive during the third quarter worth approximately $81,000. Heck Capital Advisors LLC acquired a new stake in DoubleDown Interactive during the 4th quarter worth approximately $76,000. Trexquant Investment LP bought a new stake in DoubleDown Interactive in the 4th quarter valued at $106,000. Raymond James Financial Inc. acquired a new position in DoubleDown Interactive in the 4th quarter valued at $153,000. Finally, Boston Partners acquired a new position in DoubleDown Interactive in the 4th quarter valued at $354,000.

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.