B. Riley Financial Issues Positive Forecast for DoubleDown Interactive (NASDAQ:DDI) Stock Price

Posted by Francis Steltz on Aug 12th, 2026

DoubleDown Interactive (NASDAQ:DDI – Get Free Report) had its price target boosted by investment analysts at B. Riley Financial from $22.00 to $24.00 in a research report issued on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the stock. B. Riley Financial’s price target would indicate a potential upside of 95.92% from the company’s previous close.

Other equities analysts have also issued research reports about the stock. Wall Street Zen upgraded shares of DoubleDown Interactive from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of DoubleDown Interactive in a research report on Friday. Wedbush lowered their price target on DoubleDown Interactive from $21.00 to $15.00 and set an “outperform” rating for the company in a research report on Wednesday, May 13th. Finally, Freedom Capital lowered DoubleDown Interactive from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 28th. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, DoubleDown Interactive currently has an average rating of “Hold” and a consensus target price of $18.33.

View Our Latest Analysis on DDI

DoubleDown Interactive Stock Down 1.0%

Shares of DDI stock traded down $0.12 during trading hours on Wednesday, hitting $12.25. 124,656 shares of the company were exchanged, compared to its average volume of 99,858. The firm has a fifty day moving average of $11.53 and a 200 day moving average of $10.23. DoubleDown Interactive has a 1 year low of $8.10 and a 1 year high of $12.50. The firm has a market cap of $607.02 million, a PE ratio of 5.33 and a beta of 1.02.

DoubleDown Interactive (NASDAQ:DDI – Get Free Report) last released its earnings results on Tuesday, August 11th. The company reported $0.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.05. DoubleDown Interactive had a net margin of 30.77% and a return on equity of 12.16%. The firm had revenue of $94.29 million during the quarter, compared to the consensus estimate of $92.90 million. Analysts expect that DoubleDown Interactive will post 2.51 earnings per share for the current year.

Hedge Funds Weigh In On DoubleDown Interactive

Several hedge funds and other institutional investors have recently made changes to their positions in DDI. GAMMA Investing LLC purchased a new stake in DoubleDown Interactive during the 2nd quarter worth $155,000. Renaissance Technologies LLC raised its position in DoubleDown Interactive by 35.7% in the first quarter. Renaissance Technologies LLC now owns 73,256 shares of the company’s stock valued at $619,000 after purchasing an additional 19,256 shares during the period. Aristides Capital LLC raised its position in DoubleDown Interactive by 15.5% in the first quarter. Aristides Capital LLC now owns 39,491 shares of the company’s stock valued at $334,000 after purchasing an additional 5,297 shares during the period. Corient Private Wealth LLC acquired a new position in shares of DoubleDown Interactive during the fourth quarter worth about $94,000. Finally, XTX Topco Ltd acquired a new position in shares of DoubleDown Interactive during the fourth quarter worth about $118,000.

DoubleDown Interactive Company Profile

(Get Free Report)

DoubleDown Interactive (NASDAQ: DDI) is a digital entertainment company that specializes in the development and publishing of social casino games. The company’s portfolio centers around free-to-play titles that emulate the experience of land-based casino games such as slots, video poker, bingo and table games. By blending high-quality graphics, engaging gameplay features and real-time social mechanics, DoubleDown Interactive aims to deliver a virtual casino environment accessible via web, mobile and social media platforms.

The company’s flagship offering, DoubleDown Casino, serves as a hub for multiple slot and table-style games, enabling millions of registered players to compete in tournaments, unlock new machines and purchase virtual coins through in-app transactions.