Super Group (SGHC) Management
Management criteria checks 2/4
Super Group (SGHC)'s CEO is Neal Menashe, appointed in Jan 2021, has a tenure of 5.5 years. directly owns 2.04% of the company’s shares, worth $150.58M. The average tenure of the management team and the board of directors is 3.3 years and 5 years respectively.
Key information
Neal Menashe
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 5.5yrs |
| CEO ownership | 2.0% |
| Management average tenure | 3.3yrs |
| Board average tenure | 5yrs |
Recent management updates
Recent updates
Narrative Update • Jun 19
SGHC: Stabilizing Betting Activity And Africa Focus Will Support 2026 Stock Confidence
Analysts have modestly raised their price target on Super Group (SGHC) stock to $17 from $16, citing improving sentiment after Q1 earnings as betting handle trends appear to have stabilized, and early traction in prediction markets and market-making begins to show up in revenue expectations for both B2C operators and B2B suppliers. Analyst Commentary on Super Group (SGHC) Recent research on Super Group (SGHC) centers on how Q1 earnings, betting handle trends, and early activity in prediction markets and market-making may affect the stock's risk and reward profile.Narrative Update • Jun 04
SGHC: Betting Handle Stabilization And Prediction Markets Will Support 2026 Confidence
Analysts have lifted their fair value estimate for Super Group (SGHC) to $18.13 from $17.38, citing updated models that reflect recent Q1 earnings, improving sentiment around betting handle trends, and early traction in prediction markets and market-making. Analyst Commentary Bullish Takeaways Bullish analysts see the higher fair value and the recent price target increase to $17 as aligned with updated Q1 models that now factor in current betting handle trends.Seeking Alpha • May 14
Super Group: Market Values Growth Prospects Fairly
Summary Super Group reported solid Q1 results. Revenues grew across markets, and cost discipline led to great margin gains. SGHC's focus is clearly on Africa, underlined by a change in segment reporting. The FIFA World Cup should boost Q2-Q3 revenues massively, making SGHC's 2026 guidance conservative. I estimate SGHC stock to be worth $14.0. Read the full article on Seeking AlphaNarrative Update • May 04
SGHC: 2026 Dividend Plan Will Anchor Confidence Despite Short Seller Pressure
Analysts have nudged their price target on Super Group (SGHC) to $18 from $17, supported by FY25 results that came in ahead of expectations and a view that there is room for results to exceed baseline assumptions into 2026. Analyst Commentary Recent research updates around Super Group (SGHC) focus on how the latest FY25 results and upcoming investor interactions could influence views on execution and valuation through 2026.Narrative Update • Apr 19
SGHC: 2026 Dividend Plan Will Underpin Confidence In Earnings Trajectory
Super Group's latest narrative update reflects a modestly higher analyst price target, with expectations supported by recent research highlighting FY25 results ahead of expectations and a potential pathway for results to exceed baseline forecasts as 2026 progresses. Analyst Commentary Recent research coverage on Super Group focuses on the company’s FY25 performance versus expectations and the implications for valuation as execution unfolds into 2026.Narrative Update • Apr 03
SGHC: 2026 Dividend Plan And Revenue Guidance Will Support Upside
Analysts have lifted their price target on Super Group (SGHC) to $18 from $17, reflecting views that recent FY25 results ahead of expectations and a possible path for results to exceed baseline expectations in 2026 support a slightly higher valuation. Analyst Commentary Bullish Takeaways Bullish analysts view the lift in the price target to $18 as a reflection of stronger perceived execution after FY25 results came in ahead of expectations, which supports a higher valuation range.Narrative Update • Mar 20
SGHC: 2026 Dividend Program And Earnings Guidance Will Support Upside
Analysts have raised their price target on Super Group (SGHC) to $18 from $17, citing FY25 results that exceeded expectations and a view that results could surpass baseline assumptions as 2026 progresses. Analyst Commentary Street research following the FY25 release points to a mix of optimism and caution around Super Group (SGHC), with the new US$18 price target framed around how reliably the company can build on results that came in ahead of expectations.Narrative Update • Mar 06
SGHC: 2026 Dividend Plan And Guidance Will Support Bullish Case
Analysts have trimmed their blended fair value estimate for Super Group (SGHC) slightly from $17.63 to $17.38, even as some Street price targets moved up to $18. This reflects the view that recent FY25 results and the potential for 2026 outcomes to exceed baseline expectations support a modestly higher long term P/E and still solid margins.Narrative Update • Feb 19
SGHC: Special Dividend And 2025 Guidance Will Support Bullish Outlook
Analysts have kept their $17.63 price target for Super Group (SGHC) unchanged, citing slightly revised assumptions around discount rate, revenue growth, profit margins, and a higher future P/E outlook as key factors behind the maintained view. What's in the News Spruce Point Capital Management issued a report titled "A Super Simple Short Thesis," expressing a "Strong Sell" view on Super Group (SGHC) and estimating potential long term downside of 20% to 50% to about $4.25 to $6.80 per share (Periodicals).Narrative Update • Feb 05
SGHC: Special Dividend And 2025 Guidance Will Support Further Upside
Analysts have raised their price target on Super Group (SGHC) to US$17.63, citing updated assumptions for the discount rate, revenue growth, profit margin, and future P/E, which they say better reflect the stock's current risk and earnings profile. What's in the News Super Group (SGHC) declared a special cash dividend of $0.25 per ordinary share, payable on February 9, 2026 to shareholders of record as of February 2, 2026 (Key Developments).Narrative Update • Jan 22
SGHC: Special Dividend And Confirmed 2025 Guidance Will Support Further Upside
Analysts have kept their price target for Super Group (SGHC) broadly unchanged at around US$17.63, with only slight adjustments to inputs such as the discount rate, revenue growth, profit margin and future P/E to reflect updated views on the company’s risk profile and earnings potential. What's in the News Board declares a special cash dividend of $0.25 per ordinary share, payable on February 9, 2026 to shareholders of record on February 2, 2026 (company announcement) Company updates full year 2025 earnings guidance, expecting revenue to be within the previously stated range of $2.17b to $2.27b (company guidance) Earlier revision to full year 2025 guidance set revenue expectations at $2.17b to $2.27b, compared with prior guidance of $2.125b to $2.20b (company guidance) Valuation Changes Fair Value: Analyst fair value estimate remains unchanged at US$17.63 per share.Narrative Update • Jan 08
SGHC: Higher 2025 Revenue Guidance Will Support Further Upside Potential
Analysts have nudged their price target for Super Group (SGHC) slightly lower to about US$17.63 from around US$17.75, reflecting small adjustments to assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E multiples. What's in the News Super Group (SGHC) Limited updated its full year 2025 earnings guidance, giving investors a fresh look at expected revenue.Analysis Article • Dec 29
Getting In Cheap On Super Group (SGHC) Limited (NYSE:SGHC) Is Unlikely
When you see that almost half of the companies in the Hospitality industry in the United States have price-to-sales...Narrative Update • Dec 16
SGHC: Raised 2025 Guidance And Execution Discipline Will Support Further Upside
Analysts have nudged their consolidated price target for Super Group higher to about $18, up roughly $1. They say this reflects increased confidence following management's investor day, where updated mid term financial targets, a disciplined operating strategy, and product innovation plans supported slightly stronger growth and profitability assumptions.Narrative Update • Dec 02
SGHC: Raised 2025 Guidance And Disciplined Execution Will Unlock Further Upside
Super Group's analyst price target saw a modest increase, rising $1 to $18. Analysts highlighted management's positive messaging, updated financial targets, and disciplined strategic approach following the company's investor day.Narrative Update • Nov 18
SGHC: Raised Guidance Will Drive Shares Toward New 2025 Revenue Milestone
Super Group's analyst price target has increased from $17.63 to $18.00 per share, as analysts cited stronger-than-expected financial guidance and confidence in the company's mid-term growth strategies. Analyst Commentary Recent analyst notes reflect growing confidence in Super Group's outlook, with updated targets and new ratings issued following the company's investor day and mid-term guidance update.Narrative Update • Oct 31
SGHC: Medium-Term Financial Outlook Will Drive Renewed Bullish Momentum
Super Group (SGHC) received a series of price target increases from analysts, rising from $15 to as high as $18 per share. Optimism grew following management's investor day updates and improved financial outlooks.Narrative Update • Oct 17
Broad Geographic Expansion And Technology Investments Will Unlock Value
Analysts have raised their price targets for Super Group (SGHC), with new estimates ranging from $16 to $18 per share. They cite confidence in management’s strategies and the company’s positive mid-term financial outlook.Narrative Update • Oct 03
Broad Geographic Expansion And Technology Investments Will Unlock Value
Super Group's analyst price target has risen from $15.63 to $17.63 per share, as analysts highlight improving financial forecasts and greater confidence following positive updates at the company's recent investor day. Analyst Commentary Following Super Group’s recent investor day and positive earnings updates, analysts remain optimistic about the company’s outlook, with several increasing their price targets.Narrative Update • Sep 16
Broad Geographic Expansion And Technology Investments Will Unlock Value
Analysts have raised their price target for Super Group (SGHC) to $15.62, citing record Q2 results, favorable exit from the U.S. iGaming market, and strong operating momentum driven by in-house technology and market share gains. Analyst Commentary Bullish analysts cite record Q2 results, with broad-based strength in both sports betting and iGaming, supporting upward revisions to revenue and adjusted EBITDA guidance for FY25.Narrative Update • Aug 08
Broad Geographic Expansion And Technology Investments Will Unlock Value
Super Group's Analyst Price Target has increased to $15.00, reflecting strong Q2 results, raised FY25 guidance, and positive momentum from its U.S. market exit and scalable in-house technology. Analyst Commentary Bullish analysts highlighted record Q2 results, driven in part by the Club World Cup, leading to an unexpected and sizable increase in FY25 revenue and adjusted EBITDA guidance.Seeking Alpha • Mar 26
Super Group: The Bet's Still On
Summary Super Group reported exceptional Q4 growth, driven by growth in many African markets and Canada, among other markets. Underlying active user growth was also solid. The company is driving operating leverage in maturing markets, while still continuing to rapidly invest in marketing to create a loyal user base. The iGaming business in the US remains weak, and is still guided to be highly unprofitable in 2025 despite noteworthy growth. The total impact on earnings is still moderate. SGHC stock remains highly undervalued. I estimate 89% upside to a fair value of $12.88. Read the full article on Seeking AlphaSeeking Alpha • Jan 08
Super Group: Betting On African Expansion
Summary Super Group has continued raising the bar with rapid growth in African gambling. At the same time, the Canadian market, among others, also show good growth. The company's exit from the unprofitable US market and acquisition of technology provider Apricot should improve profitability to a great level. The enhanced market positioning makes Super Group an attractive investment, and I estimate 69% upside to a fair value of $10.1. Read the full article on Seeking Alpha
New Narrative • Nov 21
Decisive Expansion In Africa And Canada Fuels Growth Amid US Market Challenges
Strong market expertise and expansion in Africa and Canada drive revenue growth, with potential regulation benefiting market share.Seeking Alpha • Dec 04
Super Group: Canada Is A Growth Catalyst
Summary Canada is the growth catalyst. Super Group has a dual-brand strategy with Betway for sports betting and Spin for online casino offerings, which enables it to capture market share. Margin should expand to peers' level over time. Read the full article on Seeking AlphaCEO
Neal Menashe (54 yo)
5.5yrs
Tenure
Mr. Neal Menashe is Chief Executive Officer and Director of Super Group (SGHC) Limited since January 2021. He has been an Executive Chairman at Win Technologies (UK) Ltd., since 2015. Mr. Menashe cofounded...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 5.5yrs | no data | 2.04% $ 150.6m | |
| CFO & Director | 5.5yrs | no data | 0% $ 0 | |
| Group Chief Technology Officer | 1.1yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Chief of Staff | less than a year | no data | 0.0053% $ 391.5k |
3.3yrs
Average Tenure
48yo
Average Age
Experienced Management: SGHC's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 5.5yrs | no data | 2.04% $ 150.6m | |
| CFO & Director | 5.5yrs | no data | 0% $ 0 | |
| Independent Chairman | 4.5yrs | no data | 0.77% $ 57.0m | |
| Independent Director | 1.4yrs | no data | 0.0016% $ 115.7k | |
| Independent Non-Executive Director | 5.5yrs | no data | 0.017% $ 1.2m | |
| Independent Director | 4.2yrs | no data | 0.022% $ 1.6m | |
| Director | 5.5yrs | no data | 0.027% $ 2.0m | |
| Independent Director | 4.2yrs | no data | 0.017% $ 1.2m |
5.0yrs
Average Tenure
55yo
Average Age
Experienced Board: SGHC's board of directors are considered experienced (5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/06 07:59 |
| End of Day Share Price | 2026/07/02 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Super Group (SGHC) Limited is covered by 12 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Hickey | Benchmark Company |
| William Lampen | BTIG |
| Maria Ripps | Canaccord Genuity |