Evolution Gaming’s Stock Tanks After Q3 Miss and Rival Smear Allegations
EVO.ST ~SEK 668.3 (Oct 23, 2025); ∼–8% over the week marketscreener.com tradingview.com. YTD ↓∼30% tradingview.com. Market cap ~SEK 15.5 bn marketscreener.com. Q3 2025 revenue €507.1 M (–2.4% YoY; consensus €536 M) marketscreener.com. Adjusted EBITDA €337 M (66.5% margin) vs forecast €356 M marketscreener.com. EPS €1.25 (below €1.57 est.) marketscreener.com. Dividend yield ~4.2% (DPS 30.64 SEK) investing.com. Analyst consensus: mostly “Buy” with ~SEK 938 average target tipranks.com stocksguide.com (range SEK 656–1,512 stocksguide.com). Evolution holds ~45% of the global live-casino market (vs ~30% for Playtech, 25% Pragmatic) pokertube.com pokertube.com, and has 20+ studios worldwide marketscreener.com. Major developments: October launch of Ezugi games in US agbrief.com; Jan 2025 Hasbro partnership to create Monopoly-branded casino
