Stifel cuts Gambling.com stock price target to $8 on guidance miss
Stifel has lowered its price target for Gambling.com Group Ltd. (NASDAQ:GAMB) to $8 from $12 while maintaining a Buy rating, following the company's fiscal 2026 revenue and EBITDA guidance falling below expectations. The reduced outlook is attributed to a U.K. tax hike, regulatory changes in Finland, and re-accelerating SEO impact, though Stifel notes the stock's undervaluation and strong gross profit margins. Other firms like Truist Securities and Texas Capital Securities have also adjusted their price targets due to the guidance miss.