Casinos and Gaming

Galaxy Entertainment Group

Huatai Pacific International Downgrades Galaxy Entertainment Target Price to HKD 41.5

CICC Maintains Overweight Industry Rating and Target Price for Galaxy Entertainment

Goldman Sachs Maintains Buy Rating for Galaxy Entertainment

UBS Report: Galaxy Entertainment Reiterates Balanced Capital Allocation Strategy, Focuses on Premium Business

Galaxy Entertainment Group Introduces Board and Committee Structure

Galaxy Entertainment Chairman Louis Liu Reveals Strong Performance During May Golden Week

Galaxy Entertainment Group Releases Unaudited Q1 2026 Financial Data

Galaxy Entertainment Reports Q1 Revenue of HKD12.4 Billion

UBS Report: Macau's Gambling Industry Revenue and Operator Market Share Changes in April

CLSA Predicts 6.6% Increase in Macau's May Gambling Revenue and Rates Several Stock Performances

Galaxy Entertainment Shows Strong Recovery Post-Pandemic and Pushes for Cotai Phase IV Development

Galaxy Macau Announces Hosting of UFC Fight Night

Morgan Stanley Downgrades Macau Gaming Stocks Ratings and Target Prices

JPMorgan Maintains Overweight Rating on Galaxy Entertainment

CLSA: Macau's February Gambling Revenue Up 4.5%, Predicts 9.7% Growth in March

HSBC Maintains Buy Rating on Galaxy Entertainment with Raised Target Price

Goldman Sachs Cuts Galaxy Entertainment Target Price But Maintains 'Buy' Rating

UBS report: Galaxy Entertainment Q4 2025 beats expectations

Galaxy Entertainment Group released FY2025 Q3 earnings on February 26 (EST), actual revenue USD 1.674 B (forecast USD 1.543 B), actual EPS USD 0.3986

Galaxy Entertainment Group released FY2025 9 Months Earnings on February 26, 2026 (EST), with actual revenue of USD 4.648 B and actual EPS of USD 1.1632

Amesite

Meiwu Tech

InMed Pharmaceuticals

Generation Income Properties

AMPLITECH GROUP INC. USD0.001 S/R 20/11/26 SER B

Co-Diagnostics

MetaVia

Phoenix Asia

BAYVIEW ACQUISITION CORPORATION COM USD0.0001 (S/R) 17/11/2028

NextNRG

Ordinary dividend (cash)

Ex Date: 2026.05.26 (EST), Cash dividend 0.5113 USD

GXYYY

SCHYY

00027

Citi maintains its forecast for Macau's May gross gaming revenue (GGR) at MOP22.5 billion, reflecting a 6% year-on-year increase. The first 17 days of May saw an estimated GGR of MOP12.65 billion, with a daily average of MOP693 million, down 11% from the previous period. Upcoming large-scale events at SANDS CHINA and GALAXY ENT are expected to boost gaming demand.

AASTOCKS News

Sands China

GALAXY ENT

Las Vegas Sands

VanEck Gaming ETF

Citigroup

SANDS CHINA LTD

CITIGROUP INC 6.250 NON CUM SER II PFD WI

Citi Maintains Macau May GGR Forecast at MOP22.5B

BETZ

CICC reported that GALAXY ENT's 1Q results met expectations, with revenue of HKD12.396 billion, up 11% YoY. Adjusted EBITDA was HKD3.576 billion, aligning with market forecasts. CICC maintained its EBITDA forecasts for 2026 and 2027, reiterating an Outperform rating with a target price of HKD44.1, reflecting an 11x 2026 EV multiple.

Roundhill Sports Betting & iGaming ETF

Invesco Leisure & ENT ETF

CICC

CICC: GALAXY ENT  1Q Results In Line; Reiterates Outperform with TP HKD44.1

CICC has reaffirmed its Buy rating for Galaxy Entertainment Group (GXYEF) with a price target of HK$44.10, while the shares closed at HK$33.28. Additionally, DBS analyst Mavis Hui also issued a Buy rating for the company. In contrast, Morgan Stanley maintained a Hold rating on May 12.

Tip Ranks

Morgan Stanley

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

MORGAN STANLEY DEP SHS REP 1/1000 NON-CUM PFD STK SER K

CICC Sticks to Its Buy Rating for Galaxy Entertainment Group (GXYEF)

Haitong International has reduced the target price for GALAXY ENTfrom HKD47.3 to HKD41.5 while maintaining an Outperform rating. The company's 1Q26 results met expectations, with net revenue of HKD12.4 billion, up 10.7% YoY, and adjusted EBITDA of HKD3.58 billion, up 8.5% YoY. GALAXY ENT's GGR increased by 16.4% YoY to HKD12.73 billion, with a market share of 19.9%. Future revenue forecasts for 2026-2028 show continued growth, with adjusted EBITDA margins projected to remain stable.

Haitong International Cuts GALAXY ENT  TP to HKD41.5; 1Q26 Results In Line, Rated Outperform

AASTOCKS Financial News reports on the latest investment ratings and target prices for GALAXY ENTfrom six brokers. Key ratings include: G Sachs (Buy, TP HKD53.2), HSBC Research (Buy, TP HKD48.5), CLSA (Outperform, TP HKD47.4), UBS (Buy, TP HKD46), M Stanley (Equalweight, TP HKD39), and Citi (Buy, TP HKD52). Overall, brokers noted that 1Q results met expectations, with positive outlooks on market share and EBITDA growth.

Goldman Sachs

HSBC HOLDINGS

HSBC

UBS Group AG

GS Hldg R

HSBC 5xShortSG241213

HSBC Holdings Plc

Summary of Latest Ratings, TPs, Views on GALAXY ENT from Major Brokers

Galaxy Entertainment Group shareholders approved all resolutions at the May 12, 2026 AGM, including financial statements, a final dividend, and re-election of board members. They also supported the reappointment of PricewaterhouseCoopers as auditor and the directors’ remuneration structure. Despite some opposition to share issuance expansion, the AGM confirmed director fee levels and governance practices, ensuring board stability and financial flexibility. Analysts rate the stock as a Buy with a target price of HK$51.48, reflecting confidence in the company's future capital management and governance.

Galaxy Entertainment Investors Back All AGM Resolutions, Maintain Board and Capital Flexibility

GALAXY ENTreported a 1Q26 net revenue of HKD12.4 billion, up 11% YoY but down 10% QoQ. Adjusted EBITDA was HKD3.6 billion, up 8% YoY and down 17% QoQ, influenced by hold rate fluctuations. GGR reached HKD12.7 billion, up 16% YoY. Galaxy Macau's net revenue was HKD10.3 billion, while StarWorld Macau reported HKD1.3 billion. The Group's cash and liquid investments totaled HKD39.2 billion, with net cash at HKD36.5 billion, supporting future investments and shareholder returns. The company is advancing Phase 4 development in Cotai, focusing on non-gaming facilities.

GALAXY ENT  1Q26 Net Revenue +11% YoY; Adjusted EBITDA +8% YoY

Galaxy Entertainment Group reported Q1 2026 net revenue of HK$12.4 billion, an 11% year-on-year increase but a 10% decrease quarter-on-quarter. Adjusted EBITDA rose 8% year-on-year to HK$3.6 billion. The company is focusing on expansion in Macau, hosting over 80 events, and advancing its Phase 4 project to enhance non-gaming amenities. Analysts rate the stock as a Buy with a target price of HK$48.00. Galaxy maintains a strong balance sheet with HK$39.2 billion in cash, supporting its growth and dividend plans.

Galaxy Entertainment posts steady Q1, doubles down on Macau expansion and live events

01128

WYNN

Jefferies anticipates GALAXY ENT's 1Q adjusted EBITDA to rise 5% to 3.5 billion, with an EBITDA margin of 27%. The report notes that while inbound visitors to Macau increased slightly during Golden Week, GGR for early May was flat YoY, indicating tougher comparisons ahead. Jefferies expects quarterly GGR to grow 18% and revenue to increase 17% to 16.7 billion. The broker favors GALAXY ENT and WYNN MACAU for their strong performance in the premium mass segment, despite their higher valuations compared to industry averages.

Galaxy Entertainment Group(GXYYY.US)

Citi Maintains Macau May GGR Forecast at MOP22.5B

CICC: GALAXY ENT 1Q Results In Line; Reiterates Outperform with TP HKD44.1

CICC Sticks to Its Buy Rating for Galaxy Entertainment Group (GXYEF)

Haitong International Cuts GALAXY ENT TP to HKD41.5; 1Q26 Results In Line, Rated Outperform

Summary of Latest Ratings, TPs, Views on GALAXY ENT from Major Brokers

Galaxy Entertainment Investors Back All AGM Resolutions, Maintain Board and Capital Flexibility

GALAXY ENT 1Q26 Net Revenue +11% YoY; Adjusted EBITDA +8% YoY

Galaxy Entertainment posts steady Q1, doubles down on Macau expansion and live events

GALAXY ENT to Report Results Today; Jefferies Expects 1Q Adjusted EBITDA +5%

Trending