Jefferies Lowered the Firm’s PT on Gambling.com (GAMB)

Gambling.com Group Limited (NASDAQ:GAMB) is one of the Best Undervalued UK Stocks to Buy According to AnalystsOn July 2, Jefferies lowered the firm’s price target on Gambling.com Group Limited (NASDAQ:GAMB) from $20 to $18.

The reduction in price target comes as the firm trimmed its EV/EBITDA for the company from 10.5x to 10x. The firm noted that they have made no changes to Q2 2025, fiscal year 2025, and fiscal year 2026 revenue and EBITDA estimates. Gambling.com Group Limited (NASDAQ:GAMB) is expected to release its Q2 2025 results on August 14. The company delivered a 39% year-over-year increase in revenue during the first quarter, with net income growing 54% during the same time.

Jefferies Lowered the Firm’s PT on Gambling.com (GAMB)

A wide shot of a casino in night light, picturing the high stakes of iGaming and sports betting.

Management reiterated the full-year outlook and expects full-year revenue between $170 million and $174 million.

Gambling.com Group Limited (NASDAQ:GAMB) is a performance marketing company that provides digital marketing services for the regulated online gambling industry.

While we acknowledge the potential of GAMB to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GAMB and that has 100x upside potential, check out our report about this cheapest 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.