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Entain Plc (GMVHY) Q2 2026 Earnings Call Transcript
Shore Capital sees 76% upside in Entain PLC (LSE:ENT) after the betting group delivered first-half earnings comfortably ahead of the broker's expectations, helped by accelerating online growth. The broker repeated its Buy recommendation, and 988p price target (current price: 560p) after group EBITDA came in at £574 million against its roughly £535 million forecast.
Entain LON: ENT reported a strong first half for 2026, with online net gaming revenue rising 7% in constant currency and group EBITDA reaching £479 million, as growth in major markets helped offset higher U.K. gambling taxes and pressure in Brazil.
Entain PLC (LSE:ENT) continues to offer an awful lot of upside, about 66%, according to analysts at Deutsche Bank, who have repeated a Buy rating despite weakness in the BetMGM business, which was supposed to be a growth driver. BetMGM's second-quarter earnings fell short of expectations, reporting quarterly revenue of $711 million, up 3% year on year but slowing from 6% growth in the first quarter.
Entain Plc (GMVHY) Q2 2026 Earnings Call Transcript
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