Galaxy Entertainment Group stock reports 4 percent revenue growth

Published on 10/01/2026 at 06:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Galaxy Entertainment Group stock follows first-half revenue of HKD 24.2 billion, up 4 percent year over year. JPMorgan keeps a HKD 45.00 target.

Galaxy Ent, HK0027032686, Illustration mit AI erstellt.

Galaxy Entertainment Group stock reported first-half 2026 net revenue of HKD 24.2 billion, up 4 percent year over year, while adjusted EBITDA rose 1 percent to HKD 7.0 billion. The figures give the Macau casino operator a firm earnings base as analysts assess the next phase of gaming demand.

Revenue growth meets tougher demand

According to Stockstar on September 17, 2026, attributable profit reached HKD 5.3 billion in the first half, an increase of 1 percent from the prior-year period. The same report said adjusted EBITDA at Galaxy Macau rose 3 percent to HKD 6.5 billion, making the flagship resort the main contributor to group earnings.

Gaming gross revenue increased 8 percent to HKD 24.8 billion in the first half, with mass-market gaming revenue up 12 percent to HKD 19.1 billion. VIP gaming revenue fell 9 percent to HKD 4.0 billion, creating a clear split between the higher-volume mass segment and the weaker premium segment.

JPMorgan sets HKD 45.00 target

As Futu reported on September 22, 2026, JPMorgan maintained Galaxy Entertainment as its top pick among Macau gaming stocks and kept a HKD 45.00 price target. The bank said September gaming demand was weak but in line with expectations, while October gaming revenue could fall 2 percent to 4 percent year over year.

The target places emphasis on demand stability rather than a simple valuation argument. It also highlights the risk around holiday timing and the comparison base, factors that can distort short-term gaming data even when the company continues to expand its mass-market business.

Stock remains below yearly high

Galaxy Entertainment had a market capitalization of HKD 138.5 billion as of September 30, 2026. Its 52-week range stood at HKD 28.68 to HKD 44.22, leaving the latest Hong Kong quote of HKD 31.62 on September 30, 2026 at 4:08 p.m. HKT materially below the yearly high.

The company also declared an interim dividend of HKD 0.90 per share for the first half of 2026, according to Stockstar. For investors, the combination of 4 percent revenue growth, an 8 percent rise in gaming gross revenue and continued shareholder distributions provides a more specific gauge of operating progress than the headline profit increase alone.

Macau demand shapes the next move

Galaxy Entertainment operates integrated resorts, hotels, casino gaming and related entertainment businesses in Macau, alongside construction materials activities. Its ticker is 27.HK on HKEX, and the group is classified in the consumer cyclical sector and gambling, resorts and casinos industry.