tiprankstipranks
Advertisement
Advertisement

Sports Entertainment Group lifts FY26 profit guidance on broad-based growth

Story Highlights
  • Sports Entertainment Group now forecasts FY26 underlying EBITDA of $15.5–16.5 million, implying 50–60% growth and topping its earlier guidance.
  • Upgraded guidance reflects broad-based revenue gains, margin expansion from scale, and targeted investments in racing, TV production and events, alongside cost discipline.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sports Entertainment Group lifts FY26 profit guidance on broad-based growth

Meet Samuel – Your Personal Investing Prophet

An update from Sports Entertainment Group Limited ( (AU:SEG) ) is now available.

Sports Entertainment Group Limited has upgraded its FY26 guidance, now expecting underlying EBITDA of $15.5 million to $16.5 million, representing growth of 50–60% year on year and exceeding its earlier forecast of at least 40% growth. The improvement is underpinned by broad-based momentum across media, TV production and events, margin expansion from scale-driven efficiencies, and selective investment in racing and TV production, with management emphasising disciplined cost control and increased confidence in delivering a stronger FY26 outcome, subject to stable market conditions.

The most recent analyst rating on (AU:SEG) stock is a Buy with a A$0.52 price target. To see the full list of analyst forecasts on Sports Entertainment Group Limited stock, see the AU:SEG Stock Forecast page.

More about Sports Entertainment Group Limited

Sports Entertainment Group Limited is an Australian media and entertainment company listed on the ASX, focused on sports-focused media, radio and TV production, and live events. Its operations span a Media division, TV production via Rainmaker, and an Events arm through Ballpark, with targeted investments in racing and television content to deepen its sports and entertainment market presence.

Average Trading Volume: 72,465

Technical Sentiment Signal: Buy

Current Market Cap: A$78.64M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1