tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

DoubleDown Interactive Finalizes Acquisition of WHOW Games

Story Highlights
DoubleDown Interactive Finalizes Acquisition of WHOW Games

Elevate Your Investing Strategy:

An announcement from Doubledown Interactive Co ( (DDI) ) is now available.

On July 14, 2025, DoubleDown Interactive Co., Ltd. announced the completion of its acquisition of WHOW Games GmbH, a social casino developer based in Hamburg, Germany. This strategic acquisition, valued at approximately $64.3 million, positions DoubleDown to expand its presence in the European market, leveraging WHOW Games’ expertise and established user base. The acquisition includes an additional earn-out payment contingent on performance targets, indicating potential growth and increased market influence for DoubleDown in the social casino industry.

The most recent analyst rating on (DDI) stock is a Buy with a $14.75 price target. To see the full list of analyst forecasts on Doubledown Interactive Co stock, see the DDI Stock Forecast page.

Spark’s Take on DDI Stock

According to Spark, TipRanks’ AI Analyst, DDI is a Outperform.

Overall, Doubledown Interactive Co scores well with robust financial performance and strong earnings growth, driven by effective cash flow management and strategic acquisitions like SuperNation. However, technical analysis presents mixed signals, and challenges in the declining social casino market could impact future growth. The low P/E ratio offers a valuation advantage despite the lack of a dividend yield.

To see Spark’s full report on DDI stock, click here.

More about Doubledown Interactive Co

DoubleDown Interactive Co., Ltd. is a prominent developer and publisher of digital games on mobile and web-based platforms, known for creating interactive entertainment experiences for casual players. The company offers a social casino experience through its flagship title, DoubleDown Casino, and operates real-money iGaming sites in Western Europe through its subsidiary, SuprNation.

Average Trading Volume: 65,681

Technical Sentiment Signal: Sell

Current Market Cap: $500.5M

See more data about DDI stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1