Evolution Downgraded Amid Earnings and Cyber Attack Concerns
"Well, it's a company that doesn't have a great 2026 ahead of it according to Barclays. So it was double downgraded all the way from overweight to an underweight rating by Barclay's analysts because of continued pressure on the earnings for evolution. So they said that a recovery in Asia would take longer than expected would be tougher than expected and that is after that region was already a big drag on growth this year. Um and a lot of that had to do with a lot of cyber attacks on its live casino streams in Asia. Um so that had really held back the earnings for Evolution. There's also underperformance in North America. So all around it looks like for Evolution it's quite a difficult market for gambling companies. There's also always the threat of regulatory risks that has to be taken into account."
— Chloe
The analyst points out significant headwinds for Evolution, noting a double downgrade from overweight to underweight due to earnings pressures, prolonged recovery prospects in Asia, cyber attack impacts, and underperformance in North America. The commentary underscores mounting regulatory and operational challenges that cast a negative outlook for the company beyond 2026.
Target:N/A
Horizon:Medium-term 3–12 months Company CommentaryBearish High ConvictionScore: 7.5
Company Opinion •Stock Movers • Dec 18, 2025