Intralot stock fell 0.80 percent to EUR 1.1100 on October 7

Published on 10/08/2026 at 10:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Intralot stock carries Barclays' Overweight rating and EUR 1.40 target dated September 24. First-half revenue was EUR 544.2 million and adjusted EBITDA EUR 184.8 million.

Intralot, GRS343313003, Illustration mit AI erstellt.

Intralot (ISIN GRS343313003) was last at EUR 1.1100 on October 7, 2026, down 0.80 percent on the Athens exchange. The stock's latest market reading comes as investors assess the proposed evoke transaction, the group's first-half operating performance and the financing authority approved in September.

Barclays sets a EUR 1.40 target

On September 24, OT reported that Barclays began coverage with an Overweight rating and a EUR 1.40 price target. The target lies 26.1 percent above the EUR 1.1100 stock price, using the two figures in the same currency.

Barclays identified the proposed evoke acquisition, deleveraging and potential synergies as key elements of the investment case, while also pointing to integration delays, lower-than-expected synergies, additional tax pressure and slower deleveraging as risks. The rating is analyst commentary, not company guidance.

Half-year revenue reached EUR 544.2 million

In the first half of 2026, group revenue reached EUR 544.2 million and adjusted EBITDA was EUR 184.8 million, according to the Yahoo Finance earnings-call transcript dated September 1, 2026. The adjusted EBITDA margin was 34 percent, up from 60.2 million euros in adjusted EBITDA in the comparative period.

The comparison needs context because Bally's International Interactive was consolidated from October 20, 2025, while the prior period comprised Intralot Legacy alone. Intralot Legacy revenue was EUR 166.5 million, compared with EUR 182 million in the first half of 2025, while legacy adjusted EBITDA margin was 31.2 percent versus 33.1 percent.

Tax pressure meets digital growth

U.K. online revenue grew 11.6 percent year over year in the second quarter of 2026 on a constant-currency basis, accelerating from 10.5 percent in the first quarter, the transcript said. The U.K. remote gaming duty rate rose from 21 percent to 40 percent of gross gaming revenue, creating a EUR 34 million second-quarter impact.

Management said actions and underlying trading offset 65 percent of that impact in the first quarter of the new regime. Adjusted net leverage stood at 4.05 times on a pro forma basis at June 30, 2026, while total liquidity was EUR 287.3 million.

Capital raise supports the evoke deal

On September 18, 2026, shareholders approved authorization for up to EUR 135 million of capital increases through the issue of up to 450 million new shares, as reported by Gaming.net. The resolution received 99.585 percent of valid votes, with 72.89 percent of share capital represented.

The proposed all-share acquisition of evoke remains subject to further conditions, including court and regulatory steps. The transaction is expected to become effective in Q4 2026 or Q1 2027, which keeps execution timing central to the valuation case.

Intralot stock remains below its yearly high

Intralot stock was last at EUR 1.1100 on October 7, 2026, with a 52-week range of EUR 0.8440 to EUR 1.2150. Market capitalization was EUR 2.1 billion and volume was 3,245,364 shares on the Athens exchange.