DoubleDown Interactive

DDI · NASDAQ

$13.24−$0.10 (−0.75%)TodayMarket closed · Oct 23, 7:30 PM ET

Prev close $13.34

DDI analyst rating

BuyConsensus of 2 analysts over the last 12 months. 100% rate it a buy.

Strong buy0
Buy2
Hold0
Underperform0
Sell0

12-month price target · 7 analysts

Average $18.23 (+37.7% upside)

Low: $11.36
Now: $13.24
High: $25.20

Upgrades and downgrades

The latest rating actions, newest first

DDI analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
B. Riley Securities	Aug 12, 2026	Maintains	Buy	$22.00 → $24.00	44%
Wedbush	May 13, 2026	Maintains	Outperform	$21.00 → $15.00	56%

The case for and against

Updated Oct 23, 2026

Bull case

DoubleDown Interactive Co is viewed positively because 2Q revenue of $94.3M rose 11.2% Y/Y and EBITDA increased 17.2% Y/Y to $39.3M, while gross margin expanded 350 bps to 75.5% and EPS climbed to $0.66 per ADS. The key driver is the structural shift toward direct-to-consumer monetization, with D2C reaching 52% of social casino revenue in 2Q26, which appears to be improving unit economics by reducing platform commission drag without heavy discounting. Strong free cash flow of $24.6M, net cash of $521M, and management’s disciplined handling of SuprNation after the 4/1 tax hike support a durable earnings profile and additional upside from margin expansion.

Bear case

DoubleDown Interactive Co is facing a negative fundamental setup because its revenue base is concentrated in social casino games and heavily dependent on third-party platforms such as Apple, Facebook, Google, and Amazon, leaving performance vulnerable to partner disruptions and policy changes. Declining MAU and DAU trends signal weakening engagement even as monetization rises, while tighter regulation in real money gaming or social casino could pressure growth and marketing efficiency if sweepstakes competition resurges. Although the company showed resilient performance in 2024, continued social casino market contraction, intensifying competition, and limited geographic diversification beyond the United States heighten downside risk to operating results.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.