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The latest update is out from Enad Global 7 AB ( (SE:EG7) ).
Enad Global 7 AB, through its subsidiary Daybreak Games, has announced an additional investment of up to USD 6.5 million in Project Avo, a co-op action shooter developed by Cold Iron Studios. This investment, which is a related-party transaction, has been approved by EG7’s Contract Oversight Committee and aligns with the company’s long-term growth strategy. The game’s release has been postponed to the third quarter of 2026 to ensure high quality and maximize performance, reflecting EG7’s commitment to maintaining shareholder interests and corporate governance best practices.
The most recent analyst rating on (SE:EG7) stock is a Hold with a SEK19.50 price target. To see the full list of analyst forecasts on Enad Global 7 AB stock, see the SE:EG7 Stock Forecast page.
More about Enad Global 7 AB
Enad Global 7 AB (EG7) is a gaming industry conglomerate that develops, markets, publishes, and distributes PC, console, and mobile games globally. The company employs approximately 560 people across 12 offices worldwide and is known for its work on popular titles like Call of Duty and Destiny. EG7 operates through various subsidiaries, including Daybreak Games, Piranha Games, and Big Blue Bubble, and is listed on Nasdaq Stockholm.
Average Trading Volume: 394,129
Technical Sentiment Signal: Buy
Current Market Cap: SEK1.39B
For an in-depth examination of EG7 stock, go to TipRanks’ Overview page.