Earnings Alerts

Entain (ENT) Earnings: FY Adjusted EBITDA Forecast at Low End as Online Revenue Rises

By October 15, 2026 No Comments
  • Entain forecasts its full-year adjusted EBITDA to be at the lower end of the GBP 910 million to GBP 960 million range, with the consensus estimate being GBP 943.1 million.
  • The company anticipates its online EBITDA margin will also be at the lower end of 21% to 22%, maintaining previous expectations.
  • Entain reported a 2% increase in net gaming revenue for the third quarter.
  • Online net gaming revenue saw a rise of 3% in the same period.
  • However, retail net gaming revenue declined by 2%.
  • The company continues to project an annual adjusted cash flow of £500 million by 2028.
  • Entain‘s guidance for fiscal year 2026 remains unchanged, expecting online net gaming revenue growth of 4% to 6% on a constant currency basis.
  • The CEO advises the UK Government to reconsider any potential increases in gambling taxes.
  • Analyst recommendations include 18 buys, 4 holds, and no sells.

Entain on Smartkarma

Entain is under the analyst coverage of αSK Primers on Smartkarma, a renowned independent investment research network. The latest report titled “Primer: Entain (ENT LN) – Aug 2026″ delves into the company’s strategic focus amidst a period of significant transition. The report highlights Entain‘s emphasis on operational efficiency and cost management to tackle regulatory challenges, particularly in the UK. The appointment of Stella David as permanent CEO is seen as a move towards stability and advancing the company’s goals. Notably, the joint venture in the US, BetMGM, is identified as a key growth driver expected to reach profitability with an estimated Adjusted EBITDA of $300-$350 million in 2026, though the $500 million target may be delayed beyond 2027 due to market complexities.

The report notes Entain‘s sustained top-line growth, with a 3% increase in Group Net Gaming Revenue in Q1 2026, but raises concerns over profitability due to significant net losses reported over the past three years. Factors contributing to these losses include impairments, legal settlements, and upcoming UK tax adjustments. Investors are urged to independently verify this insightful analysis before making any investment decisions.


A look at Entain Smart Scores

Factor Score Magnitude
Value 2
Dividend 4
Growth 3
Resilience 2
Momentum 2
OVERALL SMART SCORE 2.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Entain, a global sports betting and gaming company, is positioned with a mixed outlook based on the Smartkarma Smart Scores analysis. With a moderate score for value, Entain offers potential for investors looking for stable dividend returns, as indicated by a strong dividend score. The company also shows promising growth potential, although not as high as some competitors. Sturdiness in the face of challenges is an area for improvement, with a resilience score that suggests room for enhancement. In terms of momentum, Entain is currently rated average, indicating a need for strategies to boost market sentiment and performance.

In summary, Entain operates in regulated online and retail markets, providing a range of sports betting platforms and online gaming experiences through well-known brands. Established in 2004 and headquartered in the Isle of Man, Entain‘s Smartkarma Smart Scores signal a company with solid dividend prospects and growth possibilities, albeit with room for improvement in value, resilience, and momentum factors.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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