Evolution stock gets a buyback signal before October 23 results

Published on 10/07/2026 at 13:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Evolution stock was trading at SEK 812 on October 7, 2026, while the company repurchased 510,000 shares through October 2. Q2 revenue reached EUR 517.8 million.

Editorial-Foto vom Trading-Floor mit Kurscharts und Glücksspiel-Symbolen auf Bildschirmen — Evolution AB (SE0012673267) notiert an der Nasdaq Stockholm OMX, hier symbolisiert durch Trading-Floor-Charts, Illustration mit AI erstellt.

Evolution (ISIN SE0012673267) was trading at SEK 812 on Nasdaq Stockholm on October 7, 2026, down 0.39 percent, with a market capitalization of SEK 154.7 billion. The latest company action is a SEK-denominated share buyback completed ahead of the next quarterly report.

Buyback reaches 510,000 shares

According to Placera on October 5, 2026, Evolution repurchased 510,000 shares between September 28 and October 2. The daily weighted average prices ranged from SEK 781.7174 to SEK 801.4010, and the company held 957,092 repurchased shares after the transactions.

The program allows buybacks of up to 18,305,812 shares, while 16,168,492 shares acquired earlier in the year were canceled in September. Evolution said the purchases were executed on Nasdaq Stockholm for the company by Citibank, making the capital allocation program the clearest current company-specific signal for the stock.

Q2 revenue rose sequentially

Yahoo Finance reported from Evolution's Q2 2026 earnings call on July 17, 2026, that net revenue was EUR 517.8 million, down 1.2 percent year over year but up 0.9 percent from Q1. EBITDA reached EUR 341 million, producing a 65.9 percent margin, while diluted EPS was EUR 1.27.

The mix showed a clear split between business lines. RNG revenue grew 14 percent year over year, but live revenue fell 3.6 percent, mainly because of weakness and cybercrime-related volatility in Asia. That contrast leaves the next report important for judging whether the improving product mix can offset pressure in the live casino business.

Analyst targets stay below price

Investing.com lists a Neutral consensus based on 17 analysts, including 5 Buy, 6 Hold and 5 Sell ratings. The average target is SEK 755.82, with a high target of SEK 1,122.69 and a low target of SEK 551.17.

That consensus sits below the October 7 market price, while the stock remains inside its current 52-week range of SEK 515.40 to SEK 911. The range places the share 10.86 percent below its yearly high, keeping the upcoming operating update central to the valuation debate.

Q3 report comes on October 23

Evolution was last at SEK 812 on Nasdaq Stockholm on October 7, 2026, with volume of 75,517 shares. The company lists its interim report for January through September 2026 on October 23, 2026, according to Evolution.