Galaxy Ent stock gets CLSA support at HKD 39.70 target

Published on 10/08/2026 at 07:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Galaxy Ent stock traded at HKD 30.52 on October 6, 2026, 31.0 percent below its 52-week high. Q2 adjusted EBITDA was HKD 3.4 billion, down 5 percent year over year.

Galaxy Ent, HK0027032686, Illustration mit AI erstellt.

Galaxy Entertainment Group (ISIN HK0027032686) was last at HKD 30.52 on the Hong Kong Stock Exchange on October 6, 2026, down 0.39 percent for the session and 31.0 percent below its 52-week high of HKD 44.22. The stock is now being assessed against a fresh CLSA target of HKD 39.70.

CLSA keeps its preferred rating

According to Futu, CLSA maintains an Outperform rating on Galaxy Entertainment and a HKD 39.70 price target. Relative to the HKD 30.52 reference price, that target lies 30.1 percent above the price.

The same report links the view to the chairman's purchase of 4.6 million shares at HKD 28.30 and highlights net cash of USD 4.6 billion at the half-year stage. Macau gaming revenue remains the key counter-factor in the broker's assessment.

EBITDA holds above HKD 3 billion

iGaming Times reported that second-quarter adjusted EBITDA was HKD 3.4 billion, down 5 percent year over year, or up 8 percent after normalizing for luck. Net cash stood at HKD 35.9 billion on June 30, 2026.

The balance sheet gives the analyst case a measurable support, but the earnings comparison is mixed. Adjusted EBITDA declined on the reported basis even as the normalized result improved, leaving Macau visitation and gaming volumes as the next operating test.

Consensus target stays above HKD 44

Investing.com lists a Strong Buy consensus based on 20 Buy ratings, 1 Hold rating, and 0 Sell ratings. Its 12-month average target is HKD 44.99, with a high of HKD 51.48 and a low of HKD 36.00.

The average consensus target lies 47.4 percent above the HKD 30.52 reference price, a wider gap than the CLSA target implies. That spread reflects both the stock's depressed position within its HKD 26.45 to HKD 44.22 52-week range and the uncertainty surrounding the Macau recovery.

Galaxy Ent stock stays near yearly lows

Galaxy Ent stock carried a market capitalization of HKD 133.7 billion as of October 6, 2026. The same quote showed an opening price of HKD 30.94, a previous close of HKD 30.64, a session low of HKD 30.24, and a session high of HKD 31.24.