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BTIG Lifts Super Group (SGHC) PT to $11, Reiterates Buy Rating

Super Group Limited (NYSE:SGHC) is one of the best mid cap growth stocks to invest in now. Earlier on June 11, BTIG analyst Clark Lampen increased the price target for Super Group to $11 from $9, while reiterating a Buy rating on the shares. This adjustment reflects BTIG’s updated financial model, which incorporates Super Group’s recent change in presentation currency and a more favorable outlook for its Sportsbook operations in FY2025 and FY2026.

In Q1 2025, Super Group’s total revenue reached an all-time high of $517 million, which marked a 25% increase year-over-year. Revenue excluding the US market was $502 million, which was up 24% year-over-year. The company’s unique monthly active customers averaged 5.4 million for the quarter, which was a 14% increase from 4.7 million in Q1 2024.

A reputable investor betting on a sports event, confidently placing a wager online.

Specifically, sports betting grew 7% while casino operations saw a 23% increase. Geographically, Africa’s revenue grew by 54% due to strong performance in South Africa, Ghana, Malawi, and the successful launch in Botswana. European revenue increased by 53%, with the UK market showing particularly strong growth of 87% due to the performance of Jackpot City and Betway. Canada’s revenue also grew by 13%. However, the APEC region experienced a 13% decline due to currency weakness and the closure of non-performing markets.

Super Group Limited (NYSE:SGHC) operates as an online sports betting and gaming operator.

While we acknowledge the potential of SGHC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

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