DDI Stock Analysis: Doubledown Interactive | NASDAQ

Electronic Gaming & Multimedia | NASDAQ, USA | Market Cap: 673m USD | 12M Return: 75.6% | US25862B1098 | Charts, Fundamentals & Technical Analysis

Social Casino Games, Mobile Applications, Digital Slots, Online Gambling
Total Rating 70
Safety 78
Buy Signal 0.50
Electronic Gaming & Multimedia
Industry Rotation: -14.8
Market Cap: 673M
Avg Turnover: 1.49M
Risk 3d forecast
Volatility86.1%
VaR 5th Pctl13.1%
VaR vs Median-6.36%
Reward TTM
Sharpe Ratio1.69
Rel. Str. IBD96.3
Rel. Str. Peer Group85.5 pctl
Character TTM
Beta0.293
Beta Downside0.352
Hurst Exponent0.479
Choppyness20.3%
Drawdowns 3y
Max DD52.06%
CAGR/Max DD0.40
CAGR/Mean DD0.70
EPS (Earnings per Share) EPS (Earnings per Share) of DDI over the last years for every Quarter: "2021-09": 0.5, "2021-12": 0.35, "2022-03": 0.37, "2022-06": -0.69, "2022-09": -0.48, "2022-12": 0.09, "2023-03": 0.48, "2023-06": 0.49, "2023-09": 0.54, "2023-12": 0.51, "2024-03": 0.61, "2024-06": 0.67, "2024-09": 0.51, "2024-12": 0.72, "2025-03": 0.48, "2025-06": 0.44, "2025-09": 0.66, "2025-12": 0.49, "2026-03": 0.7126, "2026-06": 0.66,
EPS CAGR: 8.15%
EPS Trend: 57.7%
Last SUE: 0.43
Qual. Beats: 0
Revenue Revenue of DDI over the last years for every Quarter: 2021-09: 87.007, 2021-12: 86.303, 2022-03: 85.486, 2022-06: 80.57, 2022-09: 78.801, 2022-12: 76.17, 2023-03: 77.596, 2023-06: 75.187, 2023-09: 72.983, 2023-12: 83.098, 2024-03: 87.631251, 2024-06: 88.236, 2024-09: 82.981, 2024-12: 81.97, 2025-03: 83.492, 2025-06: 84.813, 2025-09: 95.847, 2025-12: 95.972988, 2026-03: 93.929593, 2026-06: 94.288,
Rev. CAGR: 7.45%
Rev. Trend: 94.5%
Last SUE: 0.40
Qual. Beats: 0

Warnings

Overextended 3d

Tailwinds

Rs Leader
Idiosyncratic Leader
Ep Pivot

Seasonality

Not enough history
Description: DDI Doubledown Interactive

DoubleDown Interactive Co., Ltd. (DDI) is a Seoul-based developer and publisher of digital gaming content, primarily operating in the social casino and iGaming sectors. The company distributes titles such as DoubleDown Casino and DoubleDown Fort Knox across mobile and web platforms to a global audience, with major markets in the United States, South Korea, and Europe.

The social casino model relies on a freemium structure where games are free to play, but revenue is generated through the sale of virtual currency and in-game items. Unlike traditional online gambling, social casino games typically do not offer real-money payouts, focusing instead on entertainment-based monetization and player retention.

As a subsidiary of DoubleU Games Co., Ltd., the company has expanded its portfolio through the acquisition of WHOW Games and the operation of various iGaming brands like VoodooDreams and NYSpins. Evaluating the companys multi-platform strategy on ValueRay can provide deeper insights into its competitive positioning. The firm’s transition from The8Games Co., Ltd. in 2019 reflects its consolidated focus on the interactive entertainment space.

Headlines to Watch Out For
  • Social casino player retention and monetization drive recurring high-margin revenue growth
  • Platform fee fluctuations on Apple and Google impact net operating margins
  • Expansion into European iGaming markets diversifies revenue beyond social casino segment
  • High concentration of revenue from flagship DoubleDown Casino creates platform risk
  • Regulatory shifts in digital gambling laws affect global user acquisition costs
Piotroski VR-10 (Strict) 6.5
Net Income: 125.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.12 > 0.02 and ΔFCF/TA 0.69 > 1.0
NWC/Revenue: 148.6% < 20% (prev 136.1%; Δ 12.46% < -1%)
CFO/TA 0.13 > 3% & CFO 146.5m > Net Income 125.0m
Net Debt (-511.3m) to EBITDA (162.9m): -3.14 < 3
Current Ratio: 18.67 > 1.5 & < 3
Outstanding Shares: last quarter (49.6m) vs 12m ago 0.0% < -2%
Gross Margin: 73.36% > 18% (prev 70.87%; Δ 2.49% > 0.5%)
Asset Turnover: 36.65% > 50% (prev 34.31%; Δ 2.34% > 0%)
Interest Coverage Ratio: 45.88 > 6 (EBIT TTM 153.4m / Interest Expense TTM 3.34m)
Altman Z'' 10.00
A: 0.51 (Total Current Assets 596.6m - Total Current Liabilities 32.0m) / Total Assets 1.10b
B: 0.58 (Retained Earnings 642.9m / Total Assets 1.10b)
C: 0.15 (EBIT TTM 153.4m / Avg Total Assets 1.04b)
D: 11.10 (Book Value of Equity 1.01b / Total Liabilities 91.1m)
Altman-Z'' = 17.91 = AAA
Beneish M -2.85
DSRI: 1.15 (Receivables 39.6m/30.3m, Revenue 380.0m/333.3m)
GMI: 0.97 (GM 70.87% / 73.36%)
AQI: 0.99 (AQ_t 0.45 / AQ_t-1 0.46)
SGI: 1.14 (Revenue 380.0m / 333.3m)
TATA: -0.02 (NI 125.0m - CFO 146.5m) / TA 1.10b)
Beneish M = -2.85 (Cap -4..+1) = A
What is the price of DDI shares?

As of November 10, 2026, the stock is trading at USD 15.70 with a total of 1,897,412 shares traded. Over the past week, the price has changed by +16.47%, over one month by +15.02%, over three months by +30.29% and over the past year by +75.62%.

Current recommended Stop Loss: 15.30 (which is 2.5% or 1.2 ATR below the current price).

Is DDI a buy, sell or hold?

Doubledown Interactive has received a consensus analysts rating of 4.60. Therefore, it is recommended to buy DDI.

  • StrongBuy: 4
  • Buy: 0
  • Hold: 1
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the DDI price?
Analysts Target Price 18.1 15%
Doubledown Interactive (DDI) - Fundamental Data Overview as of 10 November 2026
Market Cap USD = 672.9m (672.9m USD * 1.0 USD.USD)
P/E Trailing = 5.3889
P/E Forward = 5.1867
P/S = 1.7707
P/B = 0.666
Revenue TTM = 380.0m USD
EBIT TTM = 153.4m USD
EBITDA TTM = 162.9m USD
Long Term Debt = 32.4m USD (from longTermDebt, last quarter)
Short Term Debt = 1.83m USD (from shortTermDebt, last quarter)
Debt = 42.5m USD (from shortLongTermDebtTotal, last quarter) + Leases 5.01m
Net Debt = -511.3m USD (calculated: Debt 42.5m - CCE 553.8m)
Enterprise Value = 161.6m USD (672.9m + Debt 42.5m - CCE 553.8m)
Interest Coverage Ratio = 45.88 (Ebit TTM 153.4m / Interest Expense TTM 3.34m)
EV/FCF = 1.20x (Enterprise Value 161.6m / FCF TTM 134.5m)
FCF Yield = 83.21% (FCF TTM 134.5m / Enterprise Value 161.6m)
FCF Margin = 35.39% (FCF TTM 134.5m / Revenue TTM 380.0m)
Net Margin = 32.90% (Net Income TTM 125.0m / Revenue TTM 380.0m)
Gross Margin = 73.36% ((Revenue TTM 380.0m - Cost of Revenue TTM 101.2m) / Revenue TTM)
Gross Margin QoQ = 75.54% (prev 74.06%)
Tobins Q-Ratio = 0.15 (Enterprise Value 161.6m / Total Assets 1.10b)
Interest Expense / Debt = 7.87% (Interest Expense 3.34m / Debt 42.5m)
Taxrate = 23.34% (38.1m / 163.2m)
NOPAT = 117.6m (EBIT 153.4m * (1 - 23.34%))
Current Ratio = 11.27 (Total Current Assets 596.6m / Total Current Liabilities 52.9m)
Debt / Equity = 0.04 (Debt 42.5m / totalStockholderEquity, last quarter 1.01b)
Debt / EBITDA = -3.14 (Net Debt -511.3m / EBITDA 162.9m)
Debt / FCF = -3.80 (Net Debt -511.3m / FCF TTM 134.5m)
Total Stockholder Equity = 966.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 12.06% (Net Income 125.0m / Total Assets 1.10b)
RoE = 12.93% (Net Income TTM 125.0m / Total Stockholder Equity 966.8m)
RoCE = 15.35% (EBIT 153.4m / Capital Employed (Equity 966.8m + L.T.Debt 32.4m))
RoIC = 11.16% (NOPAT 117.6m / Invested Capital 1.05b)
WACC = 6.59% (E(672.9m)/V(715.4m) * Re(6.63%) + D(42.5m)/V(715.4m) * Rd(7.87%) * (1-Tc(0.23)))
Discount Rate = 6.63% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 0.0 | Cagr: 0.0%
[DCF] Terminal Value 77.97% ; FCFF base≈125.4m ; Y1≈143.7m ; Y5≈211.5m
[DCF] Fair Price = 74.55 (EV 3.18b - Net Debt -511.3m = Equity 3.69b / Shares 49.6m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 57.65 | EPS CAGR: 8.15% | SUE: 0.43 | # QB: 0
Revenue Correlation: 94.49 | Revenue CAGR: 7.45% | SUE: 0.40 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.60 | Chg30d=+0.00% | Revisions=+29% | Analysts=4
EPS current Year (2026-12-31): EPS=2.59 | Chg30d=+0.00% | Revisions=+29% | GrowthEPS=+25.0% | GrowthRev=+3.9%
EPS next Year (2027-12-31): EPS=2.44 | Chg30d=+0.00% | Revisions=+29% | GrowthEPS=-5.8% | GrowthRev=-0.6%
[Analyst] Revisions Ratio: +40% (up=9, down=3)