Lottomatica stock falls 1.68 percent ahead of Q3 results

Published on 10/07/2026 at 14:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Lottomatica stock was trading at EUR 24.52 on October 7, 2026, down 1.68 percent on Borsa Italiana. Q2 adjusted EBITDA reached EUR 465.3 million.

Lottomatica, IT0005541336, Illustration mit AI erstellt.

Lottomatica (ISIN IT0005541336) was trading at EUR 24.52 on Borsa Italiana on October 7, 2026, down 1.68 percent from the previous close. The next scheduled checkpoint is the company's 9M 2026 earnings call on November 3, according to Lottomatica.

Q2 margin reached 39.4 percent

The latest operating data give the stock a stronger earnings anchor than the daily move suggests. In its Q2 2026 summary, Quartr reports adjusted EBITDA of EUR 465.3 million, up 10 percent year over year, alongside a 39.4 percent adjusted EBITDA margin and EUR 116 million of net profit.

The comparison matters because Lottomatica's finance data show Q2 2026 revenue of EUR 563.592 million and net income of EUR 44.374 million under the standardized income statement. The adjusted and reported figures use different definitions, so the adjusted EBITDA margin is the cleaner measure for tracking the operating performance highlighted in the investor presentation.

Cirsa adds an online growth lever

The strategic backdrop remains the proposed combination with Cirsa. Investing.com reported on September 7, 2026, that Lottomatica expects incremental online EBITDA of EUR 200 million to EUR 300 million at run rate by the third year after closing. The company said the amount was outside the synergies already announced for the transaction.

That opportunity comes with execution exposure because the target depends on combining Lottomatica's technology and online capabilities with Cirsa's Spanish and Latin American footprint. The proposed deal therefore adds a growth option, while the November results should provide the next quantified update on the standalone business before the transaction closes.

Consensus target stands 30.75 percent higher

The analyst benchmark remains positive. The Investing.com consensus lists 15 analysts at Strong Buy, with an average 12-month price target of EUR 32.08, a high of EUR 37 and a low of EUR 30. Against EUR 24.52, the average target lies 30.75 percent above the current price.

The market is also pricing the stock below its 52-week high of EUR 28.29, while the 52-week low stands at EUR 18.66. Market capitalization was EUR 5.7 billion and trading volume was 194,505 shares as of October 7, 2026.

Lottomatica stock trades below yearly high

Lottomatica stock was last at EUR 24.52 on Borsa Italiana on October 7, 2026, at 11:53 a.m. CET. The price sits within the EUR 18.66 to EUR 28.29 52-week range, leaving the Cirsa integration and the November 3 results as the next concrete valuation tests.