Evoke lifts profit margins on gaming growth as UK tax shock triggers strategic review

888 Holdings ( (GB:EVOK) ) has issued an update.

Evoke plc reported that full-year 2025 revenue is expected to rise 2% to about £1.79bn, with a strong fourth quarter driven by gaming growth across all divisions and improved performances in the UK, retail and international operations. Adjusted EBITDA is forecast to increase roughly 14–15% to £355–360m, implying a 20% margin in line with expectations, as cost savings and a focus on profitable growth helped offset weaker betting revenues and tougher UK conditions; at the same time, the board has launched a strategic review that could include a sale of the group or certain assets, prompted in part by recent UK tax hikes that have already led to retail closures and could reshape the company’s footprint and value for shareholders.

The most recent analyst rating on (GB:EVOK) stock is a Hold with a £26.00 price target. To see the full list of analyst forecasts on 888 Holdings stock, see the GB:EVOK Stock Forecast page.

Spark’s Take on GB:EVOK Stock

According to Spark, TipRanks’ AI Analyst, GB:EVOK is a Neutral.

The overall stock score is primarily influenced by financial performance and technical analysis. Despite strong revenue growth, the company faces significant profitability and financial stability challenges. The technical indicators suggest a bearish trend, and valuation metrics are unfavorable due to ongoing losses.

To see Spark’s full report on GB:EVOK stock, click here.

More about 888 Holdings

Evoke plc is one of the world’s largest betting and gaming companies, owning well-known brands including William Hill, 888 and Mr Green. Incorporated in Gibraltar and headquartered and listed in London, the group operates globally, focusing on providing online and retail betting and gaming experiences in regulated markets such as the UK and key European countries including Italy and Denmark.

Average Trading Volume: 2,858,183

Technical Sentiment Signal: Sell

Current Market Cap: £122.6M

See more data about EVOK stock on TipRanks’ Stock Analysis page.