Wall Street Zen cuts Super Group stock to Hold
Published on 10/13/2026 at 06:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Wall Street Zen downgraded Super Group from Buy to Hold on October 10, 2026.
- Second-quarter revenue reached USD 684.00 million, 3.65 percent above the USD 659.90 million consensus estimate.
- Super Group declared a third quarterly dividend of USD 0.05 per share in 2026.
- The JSE-listed stock last closed at ZAc 1,700.00 on October 8, 2026.
Super Group (ZAE000161832) was downgraded by Wall Street Zen from Buy to Hold in a note dated October 10, 2026, as MarketBeat reported. The change contrasts with a broader Moderate Buy consensus, six Buy ratings, two Holds and an average target of USD 19.00.
Three payout and results milestones
On February 23, 2026, Super Group raised its annual dividend target to at least USD 0.20 per share from USD 0.16 in 2025, according to iGaming News. On August 4, 2026, the company reported second-quarter revenue of USD 684.00 million and adjusted earnings per share of USD 0.22, according to MarketBeat. On September 8, 2026, it declared its third quarterly dividend of USD 0.05 per share for the year, iGaming News reported.
What does the downgrade change?
The earnings picture is mixed rather than uniformly weak. Second-quarter revenue of USD 684.00 million exceeded the USD 659.90 million consensus by 3.65 percent, while adjusted earnings per share of USD 0.22 missed the USD 0.23 estimate by USD 0.01, according to MarketBeat. That combination helps explain why a higher revenue result has not translated into a uniform analyst view.
JSE close remains dated
Super Group last closed at ZAc 1,700.00 on the JSE on October 8, 2026. The same market page identifies the security as SPG.JO and assigns ISIN ZAE000161832 to Super Group.
The further course of trading is shown by the continuously updated real-time quote of Super Group stock.
Super Group stock facts
- Company: Super Group (SGHC) Limited
- ISIN: ZAE000161832
- Ticker: SPG.JO
- Primary exchange: JSE
- Market capitalization: USD 5.7 billion (as of October 10, 2026)
- 52-week range: USD 8.46-USD 15.86 (as of October 10, 2026)
- Sector / Industry: Consumer Discretionary / Gambling, Resorts and Casinos
Market context: Latest market reports.
