
DDI Stock Forecast & Price Target
DDI Analyst Ratings
Bulls say
DoubleDown Interactive Co demonstrates a positive outlook due to the continued growth of its iGaming segment, particularly the SuprNation RMG business, which achieved a 38% year-over-year revenue increase, totaling $9.0 million. The company has also seen improvements in key metrics, including an increase in average revenue per payer to $282 and a payer conversion rate that rose from 6.4% to 6.9% year-over-year. Furthermore, the effective integration and growth of SuprNation bolster confidence in DoubleDown’s potential for future mergers and acquisitions, which may diversify revenue streams beyond the core social casino games segment.
Bears say
DoubleDown Interactive Co Ltd has experienced a decline in key performance indicators, with monthly active users decreasing from 1.4 million to 1.3 million and a year-over-year revenue drop of 7%, resulting in a total revenue of $73 million. Furthermore, the company's social casino segment, which constitutes the majority of its revenue, faced a notable 12% decrease in average daily active users and a corresponding revenue decline, reflecting ongoing challenges within the category. The firm's overall financial performance continues to be impacted by increasing competition, legal risks, and potential difficulties in launching successful new games, contributing to a negative outlook on 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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