EVO logo

Evolution AB (publ) Stock Price

OM:EVO Community·SEK 139.0b Market Cap
  • 7 Narratives written by author
  • 23 Comments on narratives written by author
  • 498 Fair Values set on narratives written by author

EVO Share Price Performance

SEK 697.60
42.80 (6.54%)
SEK 665.80
Fair Value
SEK 697.60
42.80 (6.54%)
6.4% overvalued intrinsic discount
SEK 655.61
Fair Value
Price SEK 697.60
AnalystConsensusTarget SEK 655.61
Imthetxarbi SEK 1,040.43
AnalystHighTarget SEK 953.26

EVO Community Narratives

·
Fair Value SEK 665.8 4.8% overvalued intrinsic discount

Sector Downgrades And Digital Shifts Will Shape Near-Term Opportunities

2users have liked this narrative
0users have commented on this narrative
116users have followed this narrative
Fair Value
·
Fair Value SEK 1.04k 33.0% undervalued intrinsic discount

A Monopoly-Quality Business Trading at Distress Multiples — CEO Buying, €346M Buyback Active, 73% Upside to Fair Value

1users have liked this narrative
0users have commented on this narrative
1users have followed this narrative
·
Fair Value SEK 953.26 26.8% undervalued intrinsic discount

Digital Adoption And Regulatory Clarity Will Ignite New Gaming Frontiers

0users have liked this narrative
0users have commented on this narrative
6users have followed this narrative
SEK 723.83
3.6% undervalued intrinsic discount
Fair Value
Revenue
5% p.a.
Profit Margin
50.62%
Future PE
11x
Price in 2031
SEK 975.68
SEK 1.96k
64.3% undervalued intrinsic discount
Fair Value
Revenue
20% p.a.
Profit Margin
48%
Future PE
18x
Price in 2030
SEK 2.62k
SEK 876.22
20.4% undervalued intrinsic discount
Fair Value
Revenue
10% p.a.
Profit Margin
55.7%
Future PE
15.37x
Price in 2027
SEK 1.34k
SEK 665.8
4.8% overvalued intrinsic discount
Revenue
5.99% p.a.
Profit Margin
47.4%
Future PE
11.87x
Price in 2029
SEK 803.9
SEK 953.26
26.8% undervalued intrinsic discount
Revenue
11.06% p.a.
Profit Margin
45.7%
Future PE
15.36x
Price in 2029
SEK 1.15k

Trending Discussion

Updated Narratives

EVO logo

A Monopoly-Quality Business Trading at Distress Multiples — CEO Buying, €346M Buyback Active, 73% Upside to Fair Value

Fair Value: SEK 1.04k 33.0% undervalued intrinsic discount
1 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative
EVO logo

Evolution projects robust 50.6% profit margin with a promising 11x future PE

Fair Value: SEK 723.83 3.6% undervalued intrinsic discount
1 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative
EVO logo

A Compounding Machine

Fair Value: SEK 876.22 20.4% undervalued intrinsic discount
101 users have set this as their fair value
21 users have commented on this narrative
0 users have liked this narrative

Snowflake Analysis

Flawless balance sheet and undervalued.

0 Risks
3 Rewards

Evolution AB (publ) Key Details

€2.1b

Revenue

€0

Cost of Revenue

€2.1b

Gross Profit

€999.3m

Other Expenses

€1.1b

Earnings

Last Reported Earnings
Mar 31, 2026
Next Reporting Earnings
Jul 17, 2026
5.32
100.00%
51.46%
0%
View Full Analysis

About EVO

Founded
2006
Employees
16714
CEO
Martin Carlesund
WebsiteView website
www.evolution.com

Evolution AB (publ) develops, produces, markets, and licenses live casino and slots solutions to gaming operators in Europe, Asia, North America, Latin America, and internationally. It offers casino and live games shows under the Evolution and Ezugi brands; online casino under the NetEnt brand name; and casino games and software comprising jackpot system, a smart spins bonus management application, and tournaments gamification under the Red Tiger brand. It also provides slots titles and game mechanics under the Big Time Gaming brand; online casino platform and games under the Nolimit City brand name; HD spinning gaming wheels under the DigiWheel brand; and B2B social streaming games under the Livespins brand name. The company was formerly known as Evolution Gaming Group AB (publ). Evolution AB (publ) was founded in 2006 and is headquartered in Stockholm, Sweden.

Recent EVO News & Updates

New Narrative Jun 04

A Monopoly-Quality Business Trading at Distress Multiples — CEO Buying, €346M Buyback Active, 73% Upside to Fair Value

━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ EVOLUTION AB (OM:EVO) — INVESTMENT THESIS Current Price: 635 SEK | Fair Value (Base Case): 1,000–1,100 SEK | Rating: ACCUMULATE ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ BUSINESS & MOAT ───────────────── Evolution AB is the undisputed global leader in Live Casino B2B software, supplying technology, content and platforms to 870+ gaming operators worldwide. The model is pure B2B — Evolution never takes player risk.
Narrative Update May 23

EVO: Rising Street Confidence And Dividend Pause Will Support Future Repricing

The analyst price target for Evolution edges higher to SEK 693, reflecting updated assumptions for slightly stronger revenue growth, a modestly higher future P/E, and a lower discount rate, partly balanced by more cautious profit margin expectations across recent Street research. Analyst Commentary Recent Street research around Evolution points to a mix of cautious and constructive views, with several bullish analysts highlighting potential for further value creation alongside more measured takes from others.
Narrative Update May 09

EVO: Mixed Rating Changes And Dividend Pause Will Shape Risk Repricing

The analyst price target for Evolution has been adjusted slightly lower by SEK 15 to reflect mixed recent Street moves, with some firms trimming SEK 20 to SEK 60 from their targets while others raised or upgraded the stock. Analysts now balance higher revenue growth expectations with more cautious profit margin and P/E assumptions.

Recent updates

No updates

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