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An announcement from Enthusiast Gaming Holdings ( (TSE:EGLX) ) is now available.
Enthusiast Gaming Holdings reported a significant financial turnaround in Q3 2025, achieving an adjusted EBITDA of $1.2 million for the nine months ended September 30, 2025, compared to a loss in the previous year. The company completed the sale of its Direct Sales Media Business, resulting in a $5.5 million gain, and reported a gross margin increase to 86.9%. The strategic shift to focus on its core products and platforms has resulted in substantial audience growth, improved cash flow, and a strong market position as a product-led business. The company is poised for future growth with a pipeline of new products and feature expansions, aiming to capitalize on upcoming major gaming title releases.
The most recent analyst rating on (TSE:EGLX) stock is a Hold with a C$0.10 price target. To see the full list of analyst forecasts on Enthusiast Gaming Holdings stock, see the TSE:EGLX Stock Forecast page.
Spark’s Take on TSE:EGLX Stock
According to Spark, TipRanks’ AI Analyst, TSE:EGLX is a Underperform.
The overall stock score is heavily influenced by significant financial challenges, including declining revenues and persistent losses. Technical analysis further supports a bearish outlook with the stock trading below key moving averages and indicators suggesting oversold conditions. Valuation metrics are weak due to negative earnings and lack of dividend yield, contributing to a low overall score.
To see Spark’s full report on TSE:EGLX stock, click here.
More about Enthusiast Gaming Holdings
Enthusiast Gaming Holdings Inc. is a digital publisher focused on creating tools, platforms, and experiences for gamers. The company operates in the gaming industry, serving over 90 million gamers across its owned properties. It is known for platforms like U.GG, Icy Veins, and TheSimsResource, and is committed to developing best-in-class products for various gaming titles and genres.
Average Trading Volume: 122,237
Technical Sentiment Signal: Sell
Current Market Cap: C$9.55M
See more data about EGLX stock on TipRanks’ Stock Analysis page.