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Doubledown Interactive Co ( (DDI) ) has provided an update.
DoubleDown Interactive reported its first quarter 2025 financial results, showing a decline in revenue to $83.5 million from $88.1 million in the same period of 2024. The company’s social casino/free-to-play games saw a 12% revenue decrease, while its iGaming subsidiary, SuprNation, experienced a 59% revenue increase due to strategic player acquisition efforts. Despite a reduction in operating expenses, the company’s profit decreased to $23.8 million, influenced by lower revenue and increased administrative costs. The company continues to focus on monetization and growth opportunities, maintaining a strong cash position of approximately $421 million.
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 leading developer and publisher of digital games on mobile and web-based platforms. The company is known for creating interactive entertainment experiences, particularly through its flagship social casino title, DoubleDown Casino, which offers a Vegas-style gaming experience to casual players worldwide. Additionally, DoubleDown’s subsidiary, SuprNation, operates real-money iGaming sites in Western Europe.
Average Trading Volume: 30,106
Technical Sentiment Signal: Hold
Current Market Cap: $536.2M
Find detailed analytics on DDI stock on TipRanks’ Stock Analysis page.