What is GAN Ltd (GAN)?

GAN Ltd (GAN) Stock Analysis

$1.970

+0.010 (+0.51%)At close

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High: 1.970
Open: 1.960
VWAP: 1.97
Vol: 696.15K
Mkt Cap: 67.18M
Low: 1.960
Amount: 1.37M
EV/EBITDA, TTM: 5.44

GAN Limited is a holding company, which is a business-to-business (B2B) supplier of enterprise Software-as-a-Service solutions for online casino gaming (iGaming), and online sports betting applications. It is also a business-to-consumer (B2C) developer and operator of an online sports betting and casino platform, which offers individuals located in Northern Europe, Latin America and Canada access to a digital portal for engaging in sports betting, online casino games and poker. Its B2B segment features its technology platform, GameSTACK, an Internet gaming platform. B2B segment develops, markets and sells instances of GameSTACK, GAN Sports, and iSight Back Office technology that incorporates comprehensive player registration, account funding and back-office accounting and management tools. The B2C segment includes the operations of Coolbet. GameSTACK platform and related support services are geared towards casino operators, with an emphasis on land-based commercial and tribal casinos.

gan.com

Valuation Metrics

The current forward P/E ratio for GAN Ltd (GAN) is -45.06, compared to its 5-year average forward P/E of -12.26.

Forward P/E

Strongly Undervalued

5Y Average P/E

-12.26

Current P/E

-45.06

Overvalued

4.05

Undervalued

-28.58

Forward EV/EBITDA

Fair

5Y Average EV/EBITDA

14.23

Current EV/EBITDA

5.44

Overvalued

27.13

Undervalued

1.33

Forward P/S

Fair

5Y Average P/S

0.92

Current P/S

0.51

Overvalued

1.90

Undervalued

-0.05

Alphio AI Price Scenarios for GAN

Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.

Bull

Bull · 25%GAN

$2.02

Scenario price

Base

Base · 50%GAN

$1.77

Scenario price

Bear

Bear · 25%GAN

$1.54

Scenario price

Events Timeline

2026-08-27 (ET)