
DDI Stock Forecast & Price Target
DDI Analyst Ratings
Bulls say
DoubleDown Interactive Co. has demonstrated robust performance in its financial metrics, with year-over-year growth in revenue from its SuprNation iGaming segment, which recorded a 38% increase, reaching $9.0 million. Additionally, the company has seen an uptick in average monthly revenue per payer, rising to $282, indicating an enhanced monetization of its user base, alongside an improvement in payer conversion rates from 6.4% to 6.9%. The successful integration of SuprNation not only augments revenue diversification but also bolsters confidence in DoubleDown's capacity for future mergers and acquisitions, which could further enhance its growth trajectory beyond its established social casino games segment.
Bears say
DoubleDown Interactive Co. experienced a year-over-year revenue decline of 7%, primarily due to challenges within its social casino games segment, which saw an approximate 12% drop in average daily active users. The overall revenue for Q4 was $82.0 million, slightly below consensus estimates, while adjusted EBITDA also fell by 5.1% year-over-year, highlighting ongoing financial struggles. Furthermore, the company faces significant risks, including increased competition, low trading volumes, and dependence on a concentrated revenue stream from its social casino offerings, all contributing to a negative outlook for the stock.
This aggregate rating is based on analysts' research of DoubleDown Interactive Co Ltd and is not a guaranteed prediction by Public.com or investment advice.
DDI Analyst Forecast & Price Prediction
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