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Stock impact report

Gambling.com Group Limited (GAMB) PT Cut at Truist Following Q4 Results and Weak 2026 Guidance [Yahoo! Finance]

Gambling.com Group Limited - Ordinary Shares (GAMB) 
Company Research Source: Yahoo! Finance
TheFly reported on March 13 that Truist Securities lowered its price target for GAMB to $5 from $6 while maintaining a Hold rating on the shares. The company's fourth-quarter EBITDA slightly exceeded consensus estimates, supported by growth in its sports data services segment. However, guidance for 2026 fell well short of expectations, as management adopted a cautious stance considering potential impacts from Google algorithm changes and regulatory pressures in the EU. In a recent move, on March 26, Gambling.com Group Limited (NASDAQ:GAMB) announced a major leadership change, appointing co-founder Charles Gillespie as Executive Chairman of the Board and naming co-founder Kevin McCrystle as the company's new Chief Executive Officer. The transitions will take effect after the Annual General Meeting in mid-May 2026. Gillespie, who has led the company since its founding in 2006, will continue to provide strategic guidance, including evaluating mergers and acquisitions and supporting th Show less Read more
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