Wall Street Zen upgraded shares of Gambling.com Group (NASDAQ:GAMB – Free Report) from a sell rating to a hold rating in a research report report published on Sunday.
Other equities research analysts have also recently issued research reports about the company. Truist Financial decreased their price objective on Gambling.com Group from $6.00 to $5.00 and set a “hold” rating on the stock in a report on Thursday, March 12th. Glj Research set a $7.50 price objective on Gambling.com Group in a report on Thursday, March 12th. Weiss Ratings restated a “sell (d+)” rating on shares of Gambling.com Group in a report on Thursday, January 22nd. Stifel Nicolaus decreased their price objective on Gambling.com Group from $8.00 to $6.00 and set a “buy” rating on the stock in a report on Thursday, April 9th. Finally, Benchmark restated a “speculative buy” rating and set a $4.00 price objective (down from $6.00) on shares of Gambling.com Group in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $7.38.
Get Our Latest Research Report on Gambling.com Group
Gambling.com Group Price Performance
Gambling.com Group (NASDAQ:GAMB – Get Free Report) last posted its quarterly earnings data on Thursday, May 14th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.06). Gambling.com Group had a positive return on equity of 27.61% and a negative net margin of 27.44%.The business had revenue of $40.44 million for the quarter, compared to analyst estimates of $40.21 million. Equities research analysts expect that Gambling.com Group will post 0.32 EPS for the current year.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC boosted its holdings in Gambling.com Group by 653.8% in the second quarter. Tower Research Capital LLC TRC now owns 5,254 shares of the company’s stock valued at $62,000 after acquiring an additional 4,557 shares during the last quarter. SG Americas Securities LLC acquired a new position in Gambling.com Group in the fourth quarter valued at $65,000. Deutsche Bank AG boosted its holdings in Gambling.com Group by 3,262.2% in the fourth quarter. Deutsche Bank AG now owns 12,978 shares of the company’s stock valued at $71,000 after acquiring an additional 12,592 shares during the last quarter. Sherbrooke Park Advisers LLC acquired a new position in Gambling.com Group in the third quarter valued at $109,000. Finally, HRT Financial LP acquired a new position in Gambling.com Group in the fourth quarter valued at $88,000. Institutional investors and hedge funds own 72.26% of the company’s stock.
Key Stories Impacting Gambling.com Group
Here are the key news stories impacting Gambling.com Group this week:
- Negative Sentiment: Gambling.com announced a strategic restructuring that will cut about 25% of its workforce, aiming to save roughly $13 million annually, which signals management is reacting to pressure in the business. Gambling.com Group Reports First Quarter Results
- Negative Sentiment: The company guided 2026 revenue to $165 million-$170 million, below the market’s expectation, which weighed on sentiment despite cost-cutting plans. Gambling.com projects $165M-$170M 2026 revenue…
- Negative Sentiment: Q1 results showed a swing to a net loss despite relatively flat revenue, reinforcing concerns that profitability is under pressure. Gambling.com Group Swings to Q1 2026 Net Loss Despite Flat Revenue
- Negative Sentiment: Coverage from multiple outlets highlighted the layoffs and CEO changes as signs that Gambling.com is recalibrating its business amid a tougher sports-betting environment. Gambling.com Stock Sinks on Cuts to Jobs, Layoffs
- Neutral Sentiment: Benchmark reiterated a “speculative buy” rating but lowered its price target to $4 from $6, suggesting some upside remains but confidence has been tempered. Benzinga coverage of Benchmark rating
About Gambling.com Group
Gambling.com Group is a digital performance marketing company specializing in the online gambling industry. Through a diversified portfolio of affiliate websites, the company generates leads and traffic for operators in segments such as sports betting, online casino, poker, bingo and daily fantasy sports. Its platforms offer in-depth reviews, expert guides, comparison tools and editorial content designed to help players make informed choices and drive conversions for partner brands.
The group’s service offerings include search engine optimization, pay-per-click campaigns, display advertising, email marketing and social media management.
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