GAMB - Gambling.com Group stock is recommended at Jefferies after earnings slide

Jefferies defends the upside for Gambling.com Group Limited (NASDAQ:GAMB) after the post-earnings share price tumble yesterday of 13.85%. Analyst David Katz: "We view the weakness in response to the solid quarter as a buying opportunity, given the early-stage fundamental positioning of the company. We believe that the evolving US market and rising competition play directly to the strength of GAMB and that the revenue opportunity remains considerably larger than the shares reflect." Katz and team hike the price target on GAMB to $15 from $13, which works out to 6X the EV/sales estimate and 13X the EV/EBITDA value. Dig into the Gambling.com Group earnings call transcipt.

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Gambling.com Group stock is recommended at Jefferies after earnings slide