Risk factor
Very high price volatility
Profitability factor
Favourable analyst view
About
PointsBet Holdings Limited supplies a diverse array of sports, racing, and iGaming wagering solutions, all powered by its proprietary cloud-based technology platform. The company's operations are divided into specific segments: Australian Trading, Canada Trading, United States Trading, and a dedicated Technology unit, overseeing its presence in markets such as New Jersey. Additionally, the firm offers gaming support, provides pari-mutuel advanced deposit wagering (ADW), engages in business-to-business (B2B) services, and participates in both retail sports betting and software development. Founded in 2015, PointsBet's corporate headquarters are situated in Cremorne, Australia.
Company Valuation
From both historical and forecast perspectives, the stock is slightly overpriced compared to similar stocks. In particular, the stock is overvalued on P/FCF.
Target Price
The average target price of PBH.AX is 1.05 and suggests 16.7% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in