Does DoubleDown Interactive (DDI) Have the Potential to Rally 37.91% as Wall Street Analysts Expect?

Group 1: Stock Performance and Price Targets - Shares of DoubleDown Interactive Co., Ltd. (DDI) have increased by 26.6% over the past four weeks, closing at $14.56, with a mean price target of $20.08 indicating a potential upside of 37.9% [1] - The mean estimate includes three short-term price targets with a standard deviation of $5.20, where the lowest estimate is $16.25 (11.6% increase) and the highest is $26 (78.6% increase) [2] - A tight clustering of price targets, indicated by a low standard deviation, suggests a high degree of agreement among analysts regarding the stock's price movement [7] Group 2: Earnings Estimates and Analyst Consensus - There is increasing optimism among analysts about DDI's earnings prospects, as evidenced by strong agreement in revising EPS estimates higher, which correlates with potential stock price increases [9] - Over the last 30 days, the Zacks Consensus Estimate for the current year has risen by 13.7%, with three estimates moving higher and no negative revisions [10] - DDI holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates, indicating strong potential for near-term upside [11]