In these analyses, the OGQ takes an in-depth look at the following topic: Analyst recommendations of publicly traded online gambling companies – top 20 – Q3 2025. The data research highlights how analysts have rated major online gambling operators, tracks their developments over time, and compares performance between online-focused and diversified businesses. It provides a clear snapshot of where investor sentiment stands within this dynamic global industry.

Analyst recommendations of public online gambling companies – top 20 – September 2025

In this chart, analysts’ mean recommendations for the top 20 publicly traded online gambling companies are compared for September 2025. Ratings follow a 1 to 5 scale where 1 = Buy, 2 = Outperform, 3 = Hold, 4 = Underperform, and 5 = Sell.

  • Gaming Realms achieved the top analyst rating, standing out with a strong buy evaluation and a clear lead over other online gambling operators.

  • Zeal/Tipp24 and Hacksaw followed closely, each maintaining high confidence levels among analysts tracking the industry’s leading stocks.

  • The industry average hovered around 2.0, reflecting a generally positive market sentiment with a mild tilt toward outperform ratings.

  • Companies with both retail and online operations tended to score lower, signaling analysts’ stronger preference for purely online-focused business models.

  • Affiliate-focused firms ranked moderately, receiving balanced recommendations that suggest cautious optimism about their long-term positioning.

Development of analyst recommendations of key online gambling companies

This chart shows how analyst recommendations have evolved from March 2024 through September 2025 for several key online gambling players. The same 1–5 scale applies, where 1 = Buy and 5 = Sell, allowing consistent tracking of sentiment across time.

  • The average industry evaluation stayed near 2.0 overall, showing steady confidence and minimal volatility across the observed six quarters.

  • Betsson recorded the strongest positive trend, rising consistently over multiple periods and outperforming many competitors in sentiment shifts.

  • Pointsbet showed the weakest performance, as its rating slipped from outperform to hold during the same timeframe.

  • DraftKings, Flutter, and Playtech maintained solid outperform standings, indicating consistent analyst trust in their business fundamentals and growth strategies.

  • The long-term average line suggests a slightly downward adjustment (from 1.94 to 2.04) yet it still reflects overall optimism in the online gambling market.

More info about this analysis: Analyst recommendations of publically traded online gambling companies – top 20 – Q3 2025. Please find more data and the methodology applied in the current edition of the OGQ Magazine. Also, find more content in our data section.