Evolution AB (publ)

OM:EVO Stock Report

Market Cap: SEK 128.0b

Evolution Dividends and Buybacks

Dividend criteria checks 0/6

Evolution does not currently pay a dividend.

Key information

0%

Dividend yield

2.9%

Buyback Yield

Total Shareholder Yield2.9%
Future Dividend Yield5.7%
Dividend Growth24.3%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio0%

Recent dividend and buyback updates

Recent updates

Evolution AB (publ) (STO:EVO) Just Released Its First-Quarter Earnings: Here's What Analysts Think

Apr 25
Evolution AB (publ) (STO:EVO) Just Released Its First-Quarter Earnings: Here's What Analysts Think

EVO: Mixed Broker Moves And Dividend Pause Will Support Future Repricing

Analysts have trimmed their blended SEK price target on Evolution by about SEK 20, reflecting slightly higher discount rate assumptions. Revenue growth expectations remain unchanged, and views across recent reports are mixed between target cuts and modest increases.

EVO: Recent Upgrade And Dividend Pause Will Support Future Repricing

Analysts have trimmed Evolution's blended price target by about SEK 5. Slightly higher discount rate assumptions and modestly lower margin expectations offset broadly supportive views on long term growth and valuation multiples reflected in recent target cuts and one upgrade.

EVO: Recent Discount Reset And Dividend Pause Will Support Future Repricing

The analyst fair value estimate for Evolution has been revised slightly higher. The implied price target has moved up by SEK 10, supported by refreshed assumptions on discount rate, revenue growth, profit margin and future P/E that reflect recent Street target cuts from Citi, Berenberg, Deutsche Bank and Morgan Stanley.

EVO: Recent Discount Rate Shift Will Set Up Repricing Opportunity

Analysts have slightly trimmed their SEK price targets on Evolution, reflecting a modestly higher discount rate and small tweaks to growth and margin assumptions. Several recent SEK 10 to SEK 73 target cuts from major houses have contributed to a more cautious blended view.

EVO: Recent Discount Rate Shifts Will Drive Repricing Opportunity Ahead

The updated analyst work implies a lower fair value for Evolution, with the price target moving from about SEK 1,003.76 to SEK 968.88. Analysts are factoring in recent target cuts from several banks, alongside revised assumptions on growth, margins and the appropriate discount rate.

EVO: Legal Dispute Will Drive Reset In Risk Premium And Repricing

Analysts have trimmed their price targets and fair value estimates for Evolution to about SEK 671 from roughly SEK 772, reflecting a higher discount rate and a lower assumed future P/E. Revenue growth and profit margin expectations remain relatively strong in recent research updates.

Evolution AB (publ) (STO:EVO) Just Released Its Annual Earnings: Here's What Analysts Think

Feb 08
Evolution AB (publ) (STO:EVO) Just Released Its Annual Earnings: Here's What Analysts Think

Earnings Working Against Evolution AB (publ)'s (STO:EVO) Share Price

Jan 31
Earnings Working Against Evolution AB (publ)'s (STO:EVO) Share Price

EVO: U.S. Legal Dispute Will Drive A More Cautious Outlook

Analysts have trimmed their price targets on Evolution, with our assessed fair value moving from SEK 567.38 to SEK 493.50. They cited lower revenue growth assumptions, modestly higher discount rate inputs and legal uncertainty highlighted in recent research, including the U.S. dispute referenced by Jefferies and a small SEK 10 target cut from Berenberg.

EVO: U.S. Legal Dispute And Downgrades Will Shape A More Cautious Outlook

Analysts have reduced their price targets for Evolution to SEK 630 from SEK 1,350 and to SEK 720 from a prior Buy level, citing uncertainty around the U.S. legal dispute with Playtech and adjusting fair value, discount rate, revenue growth, profit margin and future P/E assumptions accordingly. Analyst Commentary Recent research on Evolution points to a more cautious stance, with price targets reset meaningfully lower and ratings pulled back to Hold.

At kr621, Is Evolution AB (publ) (STO:EVO) Worth Looking At Closely?

Dec 26
At kr621, Is Evolution AB (publ) (STO:EVO) Worth Looking At Closely?

EVO: Legal Dispute Will Drive Repricing Opportunity Despite Lowered Expectations

Analysts have cut their price target on Evolution to SEK 630 from SEK 1,350, citing increased legal uncertainty and expectations for structurally slower growth. These factors warrant lower forecast revenue expansion, slightly softer margins and a reduced future valuation multiple.

EVO: Legal Dispute Will Drive Medium Term Repricing Despite Solid Fundamentals

Analysts have modestly reduced their price target for Evolution to SEK 771.92 from SEK 776.59 as they factor in lawsuit related uncertainty and expectations for structurally slower growth compared with prior forecasts. Analyst Commentary Recent research updates on Evolution highlight a growing divergence in views, with several firms recalibrating ratings and price targets to reflect both legal uncertainties and a more tempered growth outlook.

EVO: Ongoing Legal Dispute Will Shape Medium-Term Market Sentiment

The analyst price target for Evolution has been reduced significantly, dropping from SEK 1,350 to SEK 630. Analysts cite uncertainty stemming from ongoing legal disputes and tempered growth expectations as contributing factors.

EVO: Future Profit Margins Will Drive Gains Despite Market Headwinds

The consensus analyst price target for Evolution AB has edged lower, declining by SEK 2.82 to reflect evolving views on future growth prospects and profit margins. Some downgrades cite a structurally slower growth outlook.

Sector Downgrades And Digital Shifts Will Shape Near-Term Opportunities

Analysts have revised their price target for Evolution AB downward from SEK 887.09 to SEK 817.27. This change reflects expectations for slower revenue growth and a slight dip in profit margin based on recent sector research.

New Studios And Digital Trends Will Unlock Future Potential

Analysts have lowered their fair value estimate for Evolution from SEK 907.31 to SEK 887.09. They cite slower expected revenue growth and a slightly reduced discount rate as key factors behind the updated outlook.

Lacklustre Performance Is Driving Evolution AB (publ)'s (STO:EVO) Low P/E

Sep 30
Lacklustre Performance Is Driving Evolution AB (publ)'s (STO:EVO) Low P/E

New Studios And Digital Trends Will Unlock Future Potential

Driven primarily by a sharp increase in the Future P/E multiple while revenue growth forecasts remained stable, the consensus analyst price target for Evolution saw only a marginal decrease from SEK916.81 to SEK907.31. What's in the News Evolution entered the Rhode Island online casino market via a partnership with Bally's Corporation, achieving a presence in all seven US states that offer online casino gaming.

Why Evolution AB (publ) (STO:EVO) Could Be Worth Watching

Sep 12
Why Evolution AB (publ) (STO:EVO) Could Be Worth Watching

We Think Shareholders Are Less Likely To Approve A Pay Rise For Evolution AB (publ)'s (STO:EVO) CEO For Now

May 03
We Think Shareholders Are Less Likely To Approve A Pay Rise For Evolution AB (publ)'s (STO:EVO) CEO For Now

New Studios And Digital Trends Will Unlock Future Potential

Key Takeaways Expansion into new regulated markets and studio launches positions Evolution for stable, long-term growth in digital and online gaming sectors. Exclusive partnerships and innovative game releases enhance product differentiation, driving higher margins and supporting sustained organic revenue expansion.

Evolution to Navigate Market Risks with Strategic Growth Initiatives

Financial risk management: market risk (including currency risk and cash flow interest risk), credit risk and liquidity risk.

King of the Live Casino

Evolution Gaming - King of the Live Casino Evolution Gaming is the leading B2B provider of live casino solutions. They power the online games you love! Think Roulette, Blackjack, and Baccarat.Introdu

A Compounding Machine

Evolution AB (EVO) stands out as a premier stock, delivering consistent and impressive growth in both revenue and EBIT, highlighting its strong financial health and operational excellence. The company
User avatar

Expanding Horizons And Innovations Ignite Revenue Growth Despite Challenges

Expansion in the Americas and strategic releases in regulated markets could substantially drive revenue growth as these sectors mature.

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Insufficient data to determine if EVO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EVO's dividend payments have been increasing.


Dividend Yield vs Market

Evolution Dividend Yield vs Market
How does EVO dividend yield compare to the market?
SegmentDividend Yield
Company (EVO)0%
Market Bottom 25% (SE)1.7%
Market Top 25% (SE)4.2%
Industry Average (Hospitality)3.9%
Analyst forecast (EVO) (up to 3 years)5.7%

Notable Dividend: Unable to evaluate EVO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate EVO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Earnings Payout to Shareholders

Earnings Coverage: EVO is not paying a notable dividend for the Swedish market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as EVO has not reported any payouts.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/30 00:20
End of Day Share Price 2026/04/30 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Evolution AB (publ) is covered by 27 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
James Rowland ClarkBarclays
Pravin GondhaleBarclays