Evolution stock: Citi raises target to SEK 820 before results
Published on 10/21/2026 at 15:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- Citi reiterated a neutral view on October 13, 2026.
- Evolution will publish its January-September 2026 report on October 23, 2026.
- Evolution stock costs EUR 73.05 at Lang & Schwarz on October 21, 2026 at 3:34 p.m. CEST, 2.14 percent above the Tradegate close.
- Evolution's market capitalization was SEK 155.3 billion on October 21, 2026.
Evolution AB stock is at EUR 73.05 at Lang & Schwarz on October 21, 2026 at 3:34 p.m. CEST, 2.14 percent above the Tradegate close of October 16, 2026 at EUR 71.52. The nearest investor milestone is the January-September report due October 23, 2026, according to Evolution.
Citi sets an SEK 820 target
On October 13, 2026, Citi raised its target for Evolution from SEK 725.00 to SEK 820.00 and reiterated a neutral rating, as MarketScreener reported. Citi expected live-casino revenue to rise 4.00 percent in the third quarter after a 4.00 percent decline in the previous quarter.
What does the report date mean?
The October 23 report will cover January through September 2026. Citi estimated a 64.40 percent group earnings margin including one-off costs and 66.30 percent excluding them, compared with 65.90 percent in the previous quarter. The same analysis put its revenue forecast 1.50 percent above consensus and its earnings forecast 0.60 percent below consensus.
Stock position and valuation
Evolution traded at SEK 811.20 on Nasdaq Stockholm at 1:41 p.m. CEST on October 21, 2026. Its 52-week range was SEK 515.40 to SEK 911.00, placing the price 10.96 percent below the high. The market capitalization was SEK 155.3 billion, and the trailing P/E ratio was 13.67.
Dates and investor comparison
The company has scheduled its interim report for October 23, 2026, followed by an ICE industry exhibition from January 18 to January 20, 2027, according to its investor calendar. Evolution develops live casino games and software for online gaming operators, with 24 production studios at the end of 2025, as described by MarketScreener.
Price and the next report
The coming report is the next concrete test for the revenue recovery described by Citi. Evolution stock was trading at EUR 73.05 at Lang & Schwarz on October 21, 2026 at 3:34 p.m. CEST, 2.14 percent above the Tradegate close of October 16, 2026 at EUR 71.52. The further course of trading is shown by the continuously updated real-time quote of Evolution stock.
Evolution stock at a glance
- Company: Evolution AB (publ)
- ISIN: SE0012673267
- Ticker: EVO
- Primary exchange: Nasdaq Stockholm
- Price Lang & Schwarz (as of October 21, 2026, 3:34 p.m. CEST): EUR 73.05
- Change versus Tradegate close: plus 2.14 percent
- Tradegate close (October 16, 2026): EUR 71.52
- Market capitalization: SEK 155.3 billion (as of October 21, 2026)
- 52-week range: SEK 515.40-911.00 (as of October 21, 2026)
- Sector / Industry: Casinos and Gaming
- Next earnings date: October 23, 2026
Market context: Market report OMXS30.
