3 New Strong Buy Ratings from Top-Rated Analysts: 02/27/2025
With WallStreetZen's Top Analysts, you get high-conviction stock ratings from the best stock analysts in the world. It’s a premium feature on our site, but we’ve unlocked a FREE sampling below…
- A top-rated analyst doubles down on Freshworks Inc (NASDAQ: FRSH) following the company’s latest earnings call
- Semtech Corp (NASDAQ: SMTC) presents a “buy the dip” opportunity
- Analysts are unanimously bullish on Gambling.com Group LTD (NASDAQ: GAMB)
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1- Freshworks Inc (NASDAQ: FRSH)
A rising challenger in the customer relationship management (CRM) sphere, Freshworks seeks to differentiate itself through an easy-to-implement, cost-effective approach to enterprise software geared toward (and accessible to) small and medium-sized businesses. Despite a 50% move to the upside in the last 6 months, some of Wall Street’s finest believe that FRSH stock is still undervalued relative to its growth prospects.
Zen Rating: A (Strong Buy) — see full analysis >
Recent Price: $17.65 — get current quote >
Max 1-year forecast: $25.00
Why we’re watching:
- While opinions are split, on average, analysts are bullish on FRSH stock. A total of 12 analysts track the stock — 7 of whom gave it a Strong Buy rating. The rest of the ratings are split between 3 Buys, 4 Holds, and a single Strong sell. See the ratings
- Following the company’s Q4 and FY 2024 earnings call, David Hynes, a Canaccord Genuity researcher (a top 6% rated analyst) doubled down on an earlier Strong Buy rating — and hiked his price target from $19 to $23.
- Hynes argued that the upshot of the "solid" quarter and management's "steady execution" is a stock Canaccord Genuity believes is undervalued.
- The analyst detailed, looking ahead, that the market for Freshworks' products appears healthy and predicted gradual multiple expansion.
- After taking into account 115 factors proven to drive stock price growth, our proprietary system gave FRSH stock a Zen Rating of A — which places it in the top 5% of the thousands of stocks that we track.
- Two Component Grade ratings stand out with Freshworks — Growth and Sentiment, both of which are rated A, and in which FRSH stock ranks in the 97th and 95th percentile, respectively. (See all 7 Zen Component Grades here >)
2- Semtech Corp (NASDAQ: SMTC)
Investors often come across the phrase “buy the dip” — but with Semtech Corp, it’d be more apt to say “buy the plunge.” After an unexpected setback when it comes to revenue from a crucial segment, SMTC stock has lost 38.25% in value since the beginning of the year. However, there’s an odd dissonance at play — while analysts have cut their price targets accordingly, they’re still bullish, and see plenty of upside — particularly at the current, reduced valuation.
Zen Rating: B (Buy) — see full analysis >
Recent Price: $37.89 — get current quote >
Max 1-year forecast: $85.00
Why we’re watching:
- In the interest of brevity, we won’t go into as much granular detail with SMTC. At present, despite the “plunge”, of the 11 researchers who issue ratings for the stock, 7 rate it a Strong Buy, and 4 rate it a Buy. We highly recommend taking a look at the ratings yourself
- To keep it short — since the beginning of February, 4 of Wall Street’s top equity analysts have maintained Buy or Strong Buy ratings. They are Craig Ellis of Baird, Needham’s Quinn Bolton, Harsh Kumar of Piper Sandler, and Tore Svanberg of Stifel Nicolaus.
- When we say top equity analysts, we mean it — the aforementioned are ranked in the top 1%, 1%, 2%, and 4% of Wall Street researchers, respectively.
- While all of the analysts we’ve mentioned have noted their disappointment with the company’s drop in active copper cable revenue below what the company earlier referred to as a ‘floor case’, once that was factored into their models, their price targets still reflect significant upside.
- Respectively, the analysts we’ve singled out see a 58.35%, 42.52%, 45.16%, and 84.75% upside for SMTC stock in the next 12 months.
- With an overall Zen Rating of B, SMTC ranks in the top 20% of the stocks we track.
- Unsurprisingly, the stock’s Growth Component Grade rating, an A, is the star of the show — in this category, it is ranked in the 98th percentile. (See all 7 Zen Component Grades here >)
3- Gambling.com Group LTD (NASDAQ: GAMB)
Through a portfolio of high-traffic websites, Gambling.com Group LTD helps betting operators reach customers in regulated markets across North America and Europe. The company doesn’t not take bets or operate casinos — instead, it refers players to licensed platforms. With legalized online gambling on the rise in the United States, GAMB stock is definitely one to watch — particularly as there seems to be no end to the appetite for digital ad spend.
Zen Rating: A (Strong Buy) — see full analysis >
Recent Price: $15.92 — get current quote >
Max 1-year forecast: $21.00
Why we’re watching:
- A significant majority of analysts are quite bullish on GAMB stock — with 4 Strong Buy ratings and 2 Buy ratings coming together for a consensus Strong Buy. See the ratings
- Mike Hickey of Benchmark (a top 2% rated analyst) maintained an earlier Strong Buy rating on February 11, while increasing his price target from $16 to $18.
- Gambling.com Group has not announced the release date for its Q4 and FY 2024 earnings report, but Hickey told readers to expect it in 2025/03.
- In a preview note, the analyst noted that the company entered Q4 with strong momentum, following record revenue and profitability in Q3.
- Roughly a month earlier, Jefferies’ David Katz (a top 16% rated analyst) also reiterated a Strong Buy rating, and increased his price forecast from $20 to $21.
- Katz reported that a deep dive into their Gaming portfolio catalyzed their price target hike. The analyst said it's "hard to ignore" U.S. digital gaming companies because of their consistent top-line growth, increasing earnings, and free cash flow.
- Jefferies' revised 2025 and 2026 projections for the group show that its long-term opportunity remains unchanged in spite of unprecedented near-term volatility in operator profitability, Katz noted.
- As a stock with a Zen Rating of A, GAMB belongs to a select class of stocks that are expected to provide an average annual return of 32.52%. By late February, it had already managed to secure a 13.49% gain — so it is well on its way to meeting that ambitious goal.
- A stock’s Sentiment Component Grade rating takes into account EPS revisions, short interest, and earnings surprises — and in this category, Gambling.com Group stock ranks in the top 3% of the stocks that we track. (See all 7 Zen Component Grades here >)
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