Truist Financial Issues Pessimistic Forecast for Gambling.com Group (NASDAQ:GAMB) Stock Price

Posted by Geri Gentry on Jul 20th, 2026

Gambling.com Group (NASDAQ:GAMB – Get Free Report) had its target price lowered by Truist Financial from $5.00 to $3.00 in a research note issued on Monday,Benzinga reports. The firm presently has a “hold” rating on the stock. Truist Financial’s price objective would indicate a potential upside of 68.07% from the company’s current price.

Other research analysts have also issued research reports about the stock. Stifel Nicolaus decreased their target price on shares of Gambling.com Group from $8.00 to $6.00 and set a “buy” rating on the stock in a research report on Thursday, April 9th. Weiss Ratings reiterated a “sell (d)” rating on shares of Gambling.com Group in a research note on Wednesday, June 17th. Zacks Research downgraded Gambling.com Group from a “hold” rating to a “strong sell” rating in a research report on Monday, July 6th. Benchmark restated a “speculative buy” rating and set a $4.00 price objective (down from $6.00) on shares of Gambling.com Group in a research note on Friday, May 15th. Finally, Wall Street Zen raised Gambling.com Group from a “sell” rating to a “hold” rating in a report on Sunday, May 17th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $7.12.

Check Out Our Latest Research Report on GAMB

Gambling.com Group Stock Performance

Shares of GAMB traded down $0.01 during midday trading on Monday, reaching $1.78. 92,267 shares of the stock were exchanged, compared to its average volume of 709,224. The stock’s 50 day simple moving average is $2.39 and its 200 day simple moving average is $3.65. The company has a market cap of $62.65 million, a P/E ratio of -1.38 and a beta of 0.73. Gambling.com Group has a twelve month low of $1.73 and a twelve month high of $11.35. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 1.02.

Gambling.com Group (NASDAQ:GAMB – Get Free Report) last released its quarterly earnings results on Friday, May 15th. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.06). Gambling.com Group had a negative net margin of 27.44% and a positive return on equity of 27.61%. The business had revenue of $40.44 million during the quarter, compared to analyst estimates of $40.21 million. On average, sell-side analysts expect that Gambling.com Group will post 0.14 earnings per share for the current year.

Institutional Trading of Gambling.com Group

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Tower Research Capital LLC TRC boosted its position in shares of Gambling.com Group by 653.8% during the 2nd quarter. Tower Research Capital LLC TRC now owns 5,254 shares of the company’s stock worth $62,000 after acquiring an additional 4,557 shares in the last quarter. SG Americas Securities LLC acquired a new position in Gambling.com Group during the fourth quarter valued at approximately $65,000. Deutsche Bank AG raised its position in Gambling.com Group by 3,262.2% during the fourth quarter. Deutsche Bank AG now owns 12,978 shares of the company’s stock valued at $71,000 after purchasing an additional 12,592 shares in the last quarter. HRT Financial LP bought a new stake in Gambling.com Group during the fourth quarter worth $88,000. Finally, Royal Bank of Canada lifted its stake in Gambling.com Group by 827.6% during the first quarter. Royal Bank of Canada now owns 25,185 shares of the company’s stock worth $98,000 after purchasing an additional 22,470 shares during the last quarter. Institutional investors own 72.26% of the company’s stock.

Gambling.com Group Company Profile

(Get Free Report)

Gambling.com Group is a digital performance marketing company specializing in the online gambling industry. Through a diversified portfolio of affiliate websites, the company generates leads and traffic for operators in segments such as sports betting, online casino, poker, bingo and daily fantasy sports. Its platforms offer in-depth reviews, expert guides, comparison tools and editorial content designed to help players make informed choices and drive conversions for partner brands.

The group’s service offerings include search engine optimization, pay-per-click campaigns, display advertising, email marketing and social media management.