Lottery.com Inc (LTRY)

[sweet crude]

Issued $10 PT

https://ludlowresearch.com/2025/02/ltry-coverage-initiated-eyes-10-target/

February 7, 2025

(NEW YORK)–Ludlow Research initiated coverage on Lottery.com Inc. (Nasdaq:LTRY), a leading technology company in digital lottery and sports entertainment, with a speculative price target of $10 per share.

Ludlow Research issued its first alert on LTRY on Thursday, Feb. 06 when the stock was trading around $0.90 per share. The stock closed that trading session at approximately $1.44, demonstrating strong upward momentum.

On Feb. 04, the company announced the launch of its international lottery operations to address growing global demand. This expansion is expected to generate new revenue streams by the end of March.

The company possesses two valuable assets in Lottery.com and Sports.com, which we estimate could conservatively be valued at $60 million each when compared to successful industry peers like FanDuel.

An additional factor to consider is that LTRY has no options traded against the stock, which institutions typically use to manage volatility in underlying common shares. Coupled with the possibility that LTRY may have been heavily shorted over the past two years, this creates potential for a major short squeeze event.

Given the company’s limited share count of only 12 million issued shares and a float of just 3 million shares, we believe the potential to reach $10, representing a $120 million valuation for this NASDAQ-listed gaming company, is within the realm of possibility.