Gambling.com Group Ltd. (GAMB) PT Lowered to $15 at Jefferies

Jefferies analyst David Katz lowered the price target on Gambling.com Group Ltd. (NASDAQ: GAMB) to $15.00 (from $18.00) while maintaining a Buy rating.

The analyst comments "Tweaking Estimates and Lowering Multiples; Price Target to $15: We update our model to reflect the reported results and Mgt's commentary. For FY25, our revenue and Adj. EBITDA estimates are now $173M and $64M vs. $172M and $67M prior. Looking ahead, our FY26 revenue and Adj. EBITDA estimates are now $197M and $70 vs. $195M and $79M prior. We now value GAMB on 3.0x EV/Sales (vs. 4x prior), 9.0x EV/EBITDA (vs. 10x prior), 17.0x P/E (vs. 19x prior), and 11.5x P/FCF (vs. 13x prior) on FY26 estimates, along with our 5-yr DCF. Net of the changes to our estimates and multiples, our price target moves to $15 from $18 prior. Reiterate Buy."

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