Gambling.com (US:GAMB) Financial Modeling Prepยท2025-11-13 17:00Core Insights - Gambling.com Group Limited (NASDAQ:GAMB) is experiencing a decline in its consensus price target, dropping from $15.33 to $9, indicating a more cautious outlook from analysts [1][6] - The company reported quarterly earnings of $0.37 per share, exceeding the Zacks Consensus Estimate of $0.12, despite a GAAP loss due to a non-cash charge from the OddsJam acquisition [2][6] - Analysts suggest that GAMB is currently undervalued at $8.17, with potential growth indicated by a price target of $10.50 set by Truist Financial [4][6] Company Performance - GAMB's strategic shift towards a data-driven, subscription-based revenue model has resulted in a 400% increase in subscription revenue in the first quarter [5] - The company is actively managing risks associated with regulatory changes and market dynamics in the online gambling sector [3] - Despite a 16% decline in stock price over the past four weeks, GAMB is now considered technically oversold, suggesting a potential trend reversal [5] Market Conditions - The online gambling industry is subject to regulatory changes and market dynamics that can significantly impact company performance [3] - Analysts are raising earnings estimates for GAMB, reflecting a consensus that growth may be imminent [5]