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Fintel reports that on April 25, 2023, Wedbush initiated coverage of DoubleDown Interactive Co Ltd – ADR (NASDAQ:DDI) with a Outperform recommendation.
Analyst Price Forecast Suggests 140.10% Upside
As of April 24, 2023, the average one-year price target for DoubleDown Interactive Co Ltd – ADR is 19.04. The forecasts range from a low of 16.16 to a high of $23.10. The average price target represents an increase of 140.10% from its latest reported closing price of 7.93.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for DoubleDown Interactive Co Ltd – ADR is 331MM, an increase of 3.18%. The projected annual non-GAAP EPS is 1.51.
What are Other Shareholders Doing?
B. Riley Financial holds 3,876K shares representing 7.82% ownership of the company. In it’s prior filing, the firm reported owning 3,825K shares, representing an increase of 1.32%. The firm decreased its portfolio allocation in DDI by 22.52% over the last quarter.
B. Riley Fbr holds 3,876K shares representing 7.82% ownership of the company.
Ameriprise Financial holds 280K shares representing 0.56% ownership of the company. In it’s prior filing, the firm reported owning 358K shares, representing a decrease of 28.12%. The firm decreased its portfolio allocation in DDI by 31.15% over the last quarter.
Equitec Proprietary Markets holds 131K shares representing 0.26% ownership of the company. No change in the last quarter.
Verition Fund Management holds 98K shares representing 0.20% ownership of the company. No change in the last quarter.
DoubleDown Interactive Background Information
(This description is provided by the company.)
DoubleDown Interactive Co., Ltd. operates as a game development company. The Company provides online games development, production, marketing, and other services. DoubleDown Interactive offers services worldwide.
See all DoubleDown Interactive Co Ltd – ADR regulatory filings.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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