Haywood analyst Gianluca Tucci reiterated a Buy rating on Bragg Gaming Group Inc yesterday and set a price target of C$5.50.
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Gianluca Tucci has given his Buy rating due to a combination of factors tied to Bragg Gaming Group’s strategic repositioning and cost discipline. While the company’s preliminary Q4 results and 2026 outlook came in slightly below prior expectations, he interprets the guidance reset as a pragmatic step to rebalance the business away from a concentrated exposure to the Netherlands and toward higher-margin, more diversified revenue streams.
Tucci also emphasizes the significance of the recently announced restructuring, which includes a 12% workforce reduction expected to yield meaningful recurring cost savings after a modest one-time charge. He views this initiative as an important enabler of the company’s AI-centric roadmap and a way to accelerate the path to consistent profitability, particularly as resources are redirected into faster-growing regions such as Brazil and into AI-powered content offerings.