
BRSL Stock Forecast & Price Target
BRSL Analyst Ratings
Bulls say
Brightstar Lottery PLC has demonstrated strong financial performance, with a year-over-year revenue increase of 7%, largely attributed to a significant 8% growth in same-store sales in the U.S. and impressive 31% growth in global iLottery sales. The company's robust performance is further highlighted by a substantial increase in multi-state jackpot same-store sales, which rose 70% year-over-year due to the lucrative $1.8 billion Powerball jackpot, indicating strong consumer engagement. Additionally, Brightstar's strategic decision to increase its quarterly dividend by 10% reflects positive cash flow dynamics and a commitment to delivering shareholder value, supported by ongoing market transitions favoring multi-provider models in the instant ticket segment.
Bears say
The analysis indicates a negative outlook for Brightstar Lottery PLC, primarily due to significant risks associated with its lottery contracts, particularly in key markets like New York, Texas, and Italy, which could lead to revenue contraction. Additionally, ongoing high inflation may dampen consumer spending, compounding the potential financial challenges the company faces, including a projected $14 million headwind in revenue due to the transition off the UK lottery. Furthermore, the company has encountered earnings downgrades and lower momentum, alongside a concentrated shareholder base that poses risks in the face of macroeconomic pressures and regulatory uncertainties.
This aggregate rating is based on analysts' research of International Game Technology PLC and is not a guaranteed prediction by Public.com or investment advice.
BRSL Analyst Forecast & Price Prediction
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