DNB Carnegie raises target to SEK 1,000 for Evolution stock
Published on 10/21/2026 at 10:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTargets and report dates
- DNB Carnegie raised its target to SEK 1,000 on October 16, 2026.
- Third-quarter revenue estimates span EUR 517.3 million to EUR 533.6 million.
- Evolution stock trades at EUR 72.41 at 10:38 a.m. CEST at Lang & Schwarz on October 21, 2026, 0.82 percent above the Xetra close of October 20, 2026.
- The January-September interim report is scheduled for October 23, 2026.
Evolution (SE0012673267) trades at EUR 72.41 at Lang & Schwarz on October 21, 2026, at 10:38 a.m. CEST. The main catalyst is DNB Carnegie's October 16 target increase from SEK 955 to SEK 1,000, reported by MarketScreener.
Target revisions raise the bar
The higher target arrived before Evolution's January-September report. The same MarketScreener page records Citi's October 13 target increase from SEK 725 to SEK 820 and a neutral recommendation.
For the third quarter, 47 investor estimates put revenue between EUR 517.3 million and EUR 533.6 million, against EUR 507.1 million in the same quarter of 2025. The estimate range therefore implies growth of 2.01 percent to 5.22 percent, while expected operating profit spans EUR 298.5 million to EUR 315.1 million, compared with EUR 296.6 million a year earlier.
Three buyback milestones
On October 9, 2026, Pareto Securities cut Evolution to Hold and kept its target at SEK 800, according to MarketScreener. On October 13, 2026, Citi lifted its target from SEK 725 to SEK 820. On October 19, 2026, Evolution disclosed that it had repurchased 502,208 shares between October 12 and October 16, according to Evolution.
What does the buyback mean?
The repurchase adds a capital-allocation signal ahead of the report. The company held 1,404,419 own shares after the earlier purchase period, while total shares stood at 183,058,121, according to MFN.
Report dates are next
Evolution's investor calendar schedules the January-September 2026 interim report for October 23, 2026, followed by the year-end report for February 4, 2027, according to Evolution. The upcoming report will test whether the expected revenue range can support the higher analyst targets.
Stock trades above the Xetra close
Evolution stock was trading at EUR 72.41 at Lang & Schwarz on October 21, 2026, at 10:38 a.m. CEST, 0.82 percent above the Xetra close of October 20, 2026 at EUR 71.82.
The further course of trading is shown by the continuously updated real-time quote of Evolution stock.
Evolution stock key data
- Company: Evolution AB (publ)
- ISIN: SE0012673267
- Ticker: EVO
- Primary exchange: Nasdaq Stockholm
- Price Lang & Schwarz (as of October 21, 2026, 10:38 a.m. CEST): EUR 72.41
- Change versus Xetra close: plus 0.82 percent
- Xetra close (October 20, 2026): EUR 71.82
- Market capitalization: SEK 154.1 billion (as of October 21, 2026)
- Sector / Industry: Casinos and Gaming
- Next earnings date: October 23, 2026
Market context: Market report OMXS30.
