Lottomatica stock: Jefferies confirms EUR 35.50 target for Lottomatica stock

Published on 10/20/2026 at 15:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jefferies confirms a EUR 35.50 target on October 19, 2026. Lottomatica stock costs EUR 23.81 on October 20, 2026 versus EUR 23.97 close.

Analyst target and reporting date

Jefferies confirmed a EUR 35.50 target for Lottomatica on October 19, 2026.
Kepler Cheuvreux forecasts third-quarter 2026 revenue of EUR 541.00 million and adjusted EBITDA of EUR 200.00 million.
Lottomatica stock costs EUR 23.81 at Lang & Schwarz on October 20, 2026 at 3:11 p.m. CEST, versus the EUR 23.97 Euronext Milan close of October 19, 2026.
Lottomatica scheduled its nine-month 2026 earnings call for November 3, 2026.

Lottomatica, IT0005541336, Illustration mit AI erstellt.

Jefferies confirmed a EUR 35.50 target and a Buy rating for Lottomatica Group on October 19, 2026, according to MarketScreener. Lottomatica stock was at EUR 23.81 at Lang & Schwarz on October 20, 2026 at 3:11 p.m. CEST, versus the EUR 23.97 Euronext Milan close of October 19, 2026.

Analysts see online growth

Kepler Cheuvreux kept a Buy rating and a EUR 30.00 target in the October 19 analysis. The firm forecasts third-quarter 2026 revenue of EUR 541.00 million, up 6.00 percent year over year, and adjusted EBITDA of EUR 200.00 million, up 3.00 percent.

Jefferies cut its 2026 adjusted EBITDA estimate by 3.00 percent to EUR 941.00 million from EUR 967.00 million. That estimate sits within Lottomatica's 2026 guidance range of EUR 940.00 million to EUR 980.00 million, while the analysts linked the revision to weaker sports-betting margins.

Stock position and valuation

The Lang & Schwarz price sits inside the EUR 19.20 to EUR 27.83 52-week range as of October 20, 2026. It is 14.44 percent below the 52-week high and 24.01 percent above the low. Lottomatica's market capitalization was EUR 5.5 billion, with a price-to-earnings ratio of 26.43.

The stock was up 7.01 percent year to date on October 20, 2026. Lottomatica has 2,258 employees and operates across online gaming, sports franchising and gaming franchising.

Dates and merger timetable

Lottomatica's investor page lists November 3, 2026 for the earnings call covering nine-month 2026 results. The company and CIRSA also set shareholder votes for November 23 and November 25 after approving their merger plan on October 8, according to iGaming Times. The plan provides 0.668 new Lottomatica shares for each CIRSA share and targets completion in the second quarter of 2027.

Comparison with peers

Lottomatica: price-to-earnings ratio 26.43, market capitalization EUR 5.5 billion.

Flutter Entertainment (NYSE, USD): up 2.35 percent on October 19, 2026, price-to-earnings ratio minus 18.23, market capitalization USD 13.4 billion.

Playtech (LSE, GBp): down 0.38 percent on October 20, 2026, price-to-earnings ratio 216.45, market capitalization GBP 1.0 billion.

Trading level stays central

For investors, the contrast is clear: Jefferies' EUR 35.50 target stands above the latest euro quotation, while the near-term earnings date gives the valuation a defined checkpoint.

The further course of trading is shown by the continuously updated real-time quote of Lottomatica stock.