Evolution AB (publ) (STO:EVO)

Sweden flag Sweden · Delayed Price · Currency is SEK
697.00
-17.60 (-2.46%)
May 21, 2026, 5:29 PM CET
Market Cap142.37B +3.3%
Revenue (ttm)22.59B -1.2%
Net Income11.62B -13.8%
EPS57.63 -11.1%
Shares Out199.23M
PE Ratio12.40
Forward PE12.01
Dividend30.64 (4.37%)
Ex-Dividend DateMay 12, 2025
Volume748,502
Average Volume577,153
Open713.60
Previous Close714.60
Day's Range691.20 - 719.20
52-Week Range515.40 - 887.60
Beta0.70
RSI67.04
Earnings DateApr 22, 2026

About Evolution AB

Evolution AB (publ) develops, produces, markets, and licenses live casino and slots solutions to gaming operators in Europe, Asia, North America, Latin America, and internationally. It offers casino and live games shows under the Evolution and Ezugi brands; online casino under the NetEnt brand name; and casino games and software comprising jackpot system, a smart spins bonus management application, and tournaments gamification under the Red Tiger brand. It also provides slots titles and game mechanics under the Big Time Gaming brand; online cas... [Read more]

Industry Gambling
Founded 2006
Employees 16,714
Stock Exchange Nasdaq Stockholm
Ticker Symbol EVO
Full Company Profile

Financial Performance

In 2025, Evolution AB's revenue was 2.07 billion, an increase of 0.17% compared to the previous year's 2.06 billion. Earnings were 1.06 billion, a decrease of -14.62%.

Financial numbers in EUR Financial Statements

News

Evolution AB price target raised to SEK 693 from SEK 627 at Deutsche Bank

Deutsche Bank analyst Richard Stuber raised the firm’s price target on Evolution AB (EVGGF) to SEK 693 from SEK 627 and keeps a Hold rating on the shares. Published first…

1 day ago - TheFly

Evolution AB initiated with an Outperform at BNP Paribas

BNP Paribas initiated coverage of Evolution AB (EVGGF) with an Outperform rating and SEK 740 price target

7 days ago - TheFly

Evolution AB price target raised to SEK 550 from SEK 515 at JPMorgan

JPMorgan raised the firm’s price target on Evolution AB (EVGGF) to SEK 550 from SEK 515 and keeps an Underweight rating on the shares.

27 days ago - TheFly

Evolution AB price target lowered to SEK 660 from SEK 680 at Morgan Stanley

Morgan Stanley analyst Ed Young lowered the firm’s price target on Evolution AB (EVGGF) to SEK 660 from SEK 680 and keeps an Equal Weight rating on the shares. Published…

27 days ago - TheFly

Evolution AB Earnings Call Transcript: Q1 2026

Q1 2026 saw revenues decline 1.5% year-on-year to EUR 513 million, with strong growth in North America and LATAM offsetting European regulatory headwinds. EBITDA margin remained robust at 65.4%, and major product launches are set for the second half of 2026.

4 weeks ago - Transcripts

Evolution AB Quarterly report: Q1 2026

Evolution AB has published its Q1 2026 quarterly earnings report on April 22, 2026.

4 weeks ago - Filings

Evolution AB Slides: Q1 2026

Evolution AB has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 22, 2026.

4 weeks ago - Filings

Evolution AB upgraded to Buy from Hold at Pareto

Pareto upgraded Evolution AB (EVGGF) to Buy from Hold with a SEK 700 price target

6 weeks ago - TheFly

Evolution AB downgraded to Sell from Neutral at Goldman Sachs

Goldman Sachs downgraded Evolution AB (EVGGF) to Sell from Neutral with a price target of SEK 545, down from SEK 785. The stock retained a solid financial profile and the…

2 months ago - TheFly

Evolution AB price target lowered to SEK 580 from SEK 600 at Citi

Citi analyst Monique Pollard lowered the firm’s price target on Evolution AB (EVGGF) to SEK 580 from SEK 600 and keeps a Neutral rating on the shares. Published first on…

3 months ago - TheFly

Evolution AB price target lowered to SEK 560 from SEK 620 at Berenberg

Berenberg analyst Jack Cummings lowered the firm’s price target on Evolution AB (EVGGF) to SEK 560 from SEK 620 and keeps a Hold rating on the shares. Published first on…

3 months ago - TheFly

Evolution AB price target lowered to SEK 616 from SEK 689 at Deutsche Bank

Deutsche Bank lowered the firm’s price target on Evolution AB (EVGGF) to SEK 616 from SEK 689 and keeps a Hold rating on the shares.

3 months ago - TheFly

Evolution AB price target lowered to SEK 680 from SEK 750 at Morgan Stanley

Morgan Stanley analyst Ed Young lowered the firm’s price target on Evolution AB (EVGGF) to SEK 680 from SEK 750 and keeps an Equal Weight rating on the shares. Published…

3 months ago - TheFly

Evolution AB Earnings Call Transcript: Q4 2025

Q4 2025 saw modest sequential growth but a year-on-year decline in revenue, with strong margins and cash flow. Regulatory headwinds in Europe and cybercrime in Asia weighed on results, while North America and Latin America hit record revenues. Over 110 new games, including major Hasbro titles, are planned for 2026.

3 months ago - Transcripts

Evolution AB Annual report: Q4 2025

Evolution AB has published its Q4 2025 annual report on February 5, 2026.

3 months ago - Filings

Evolution AB Quarterly report: Q4 2025

Evolution AB has published its Q4 2025 quarterly earnings report on February 5, 2026.

3 months ago - Filings

Evolution AB Slides: Q4 2025

Evolution AB has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on February 5, 2026.

3 months ago - Filings

Evolution AB price target lowered to SEK 585 from SEK 600 at JPMorgan

JPMorgan analyst Karan Puri lowered the firm’s price target on Evolution AB (EVGGF) to SEK 585 from SEK 600 and keeps an Underweight rating on the shares. Published first on…

3 months ago - TheFly

Evolution AB price target lowered to SEK 620 from SEK 630 at Berenberg

Berenberg lowered the firm’s price target on Evolution AB (EVGGF) to SEK 620 from SEK 630 and keeps a Hold rating on the shares.

4 months ago - TheFly

Evolution AB downgraded to Underweight from Overweight at Barclays

Barclays double downgraded Evolution AB (EVGGF) to Underweight from Overweight with a price target of SEK 575, down from SEK 890. The firm now sees further pressure to the company’s…

5 months ago - TheFly

Evolution AB downgraded to Neutral from Buy at Citi

Citi downgraded Evolution AB (EVGGF) to Neutral from Buy with a SEK 630 price target The firm cites earnings visibility concerns post the Asia cyberattacks for the downgrade. Published first…

5 months ago - TheFly

Evolution AB Earnings Call Transcript: Q3 2025

Q3 2025 saw a 2.4% revenue decline year-on-year, mainly due to Asia's volatility from cybercrime and regulatory issues, while Europe, North America, and Latin America showed growth or stability. EBITDA margin remained strong at 66.4%, and share buybacks continued.

7 months ago - Transcripts

Evolution AB Quarterly report: Q3 2025

Evolution AB has published its Q3 2025 quarterly earnings report on October 23, 2025.

7 months ago - Filings

Evolution AB Slides: Q3 2025

Evolution AB has posted slides in relation to its Q3 2025 quarterly earnings report, which was published on October 23, 2025.

7 months ago - Filings

Evolution AB Earnings Call Transcript: Q2 2025

Q2 2025 saw modest revenue growth of 3.1% year-on-year, with EBITDA margin at 65.9%. Regulatory changes in Europe and cybercrime in Asia weighed on results, but new studios, exclusive licensing deals, and strong North American growth support a cautiously optimistic outlook for H2.

11 months ago - Transcripts