NuWays reiterates Buy on ZEAL Network, sets EUR 83 price target

PUBT · 2d ago
NuWays reiterates Buy on ZEAL Network, sets EUR 83 price target
  • NuWays reiterated a BUY on ZEAL Network, set a 12-month target price of EUR 83 in an update dated Aug. 6, 2026.
  • Q2 sales rose 34% year over year to EUR 67.5 million; EBITDA increased 33% to EUR 23.4 million, beating NuWays estimates.
  • Q2 lottery billings climbed 25% to EUR 328 million; NuWays flagged outperformance versus 11% market growth.
  • Marketing spend rose 63%; customer additions hit 384,000, up 52%, as investment accelerated into proprietary lottery formats.
  • NuWays said the EUR 70 million to EUR 75 million EBITDA guidance looks de-risked, with EUR 38.9 million booked in H1.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ZEAL Network SE published the original content used to generate this news brief via EQS News (Ref. ID: rc_26406) on August 06, 2026, and is solely responsible for the information contained therein.