Concerns About Kalshi in the Sports Betting Industry Might Be Exaggerated
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 30 2025
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Source: SeekingAlpha
Analyst Insights: Texas Capital Securities analyst David Bain believes that fears regarding prediction markets are exaggerated, noting that Kalshi's reported trading volume may not be as significant as it appears.
Market Outlook: Bain anticipates a strong U.S. online sports market handle of over $17 billion in September and suggests that the current stock weakness in online gaming presents a buying opportunity for investors.
Analyst Views on BETZ
Wall Street analysts forecast BETZ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BETZ is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 19.270
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Current: 19.270
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
