Jefferies Trims Gambling.com Price Target to $18, Reaffirms Buy on Solid Growth Model

Gambling.com Group Limited (NASDAQ:GAMB) is one of the best cheap growth stocks to buy according to analysts. On July 2, 2025, Jefferies analyst David Katz reiterated a Buy rating on Gambling.com Group but lowered the firm’s price target from $20 to $18. The adjustment followed a valuation recalibration, with Katz trimming the applied EV/EBITDA multiple from 10.5x to 10x.

Other valuation inputs, including EV/Sales, P/E, and P/FCF multiples, were left unchanged. The firm did not cite any fundamental changes in the company’s financial outlook or growth trajectory as part of the downgrade.

Jefferies Trims Gambling.com Price Target to $18, Reaffirms Buy on Solid Growth Model

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Jefferies has remained consistently bullish on Gambling.com’s business model, which leverages performance marketing to drive customer acquisition for regulated online gambling operators. The company operates a portfolio of publishing assets designed to capture search traffic and funnel it to sportsbook and casino platforms, generating revenue on a cost-per-acquisition basis. Its U.S. footprint has expanded steadily in recent quarters as more states legalize online wagering.

Gambling.com Group Ltd. (NASDAQ:GAMB) is headquartered in St. Helier, Jersey, and is a digital marketing company focused on the online gambling industry. Through its owned-and-operated websites, the company provides comparisons and reviews of gambling operators to help users make informed decisions.

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Disclosure: None.