DoubleDown Interactive’s (DDI) Outperform Rating Reiterated at Wedbush

Wedbush reaffirmed their outperform rating on shares of DoubleDown Interactive (NASDAQ:DDI) in a research report report published on Wednesday,Benzinga reports. They currently have a $21.00 price target on the stock. Wedbush also issued estimates for DoubleDown Interactive’s Q4 2025 earnings at $0.60 EPS, FY2025 earnings at $2.30 EPS, FY2026 earnings at $2.33 EPS and FY2027 earnings at $2.37 EPS.

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

DoubleDown Interactive Stock Performance

NASDAQ:DDI opened at $10.16 on Wednesday. The business has a 50 day moving average of $10.62 and a 200 day moving average of $12.85. The company has a market capitalization of $503.43 million, a price-to-earnings ratio of 4.42 and a beta of 0.94. DoubleDown Interactive has a 1-year low of $8.56 and a 1-year high of $18.21. The company has a debt-to-equity ratio of 0.05, a current ratio of 21.25 and a quick ratio of 21.25.

Institutional Trading of DoubleDown Interactive

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Sanctuary Advisors LLC bought a new stake in DoubleDown Interactive in the third quarter valued at approximately $2,026,000. JPMorgan Chase & Co. bought a new stake in DoubleDown Interactive in the third quarter valued at approximately $81,000. Heck Capital Advisors LLC bought a new stake in DoubleDown Interactive in the fourth quarter valued at approximately $76,000. Raymond James Financial Inc. bought a new stake in DoubleDown Interactive in the fourth quarter valued at approximately $153,000. Finally, Renaissance Technologies LLC lifted its position in DoubleDown Interactive by 14.8% in the fourth quarter. Renaissance Technologies LLC now owns 62,400 shares of the company’s stock valued at $651,000 after purchasing an additional 8,022 shares during the last quarter.

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.