SGHC Ltd (SGHC)

• Market cap: $3.54B
• 1 day: 2.55%
• 5 days: 12.52%
• 1 month: 13.86%
• 3 months: 29.05%
• 6 months: 83.21%
• Year to date: 21.85%
• 1 year: 148.05%
• 5 years: -7.39%
• 10 years: -7.39%
• Sector: Consumer Discretionary
• Industry: Gambling

About: Super Group (SGHC) Ltd is a holding company that operates online sports betting and gaming businesses. The company's reportable segments are Betway, Spin, and Other. A majority of its revenue is generated from the Betway segment, which is a single-brand online sports betting and casino offering with licenses to operate throughout Europe, the Americas, and Africa. Spin is the company's multi-brand online casino offering, having a diverse portfolio of casino brands such as Jackpot City, Spin Casino, Dream Bingo, Mirror Bingo, etc., designed to be culturally relevant globally while aiming to offer a wide range of casino products. Geographically, the company generates maximum revenue from Africa and Middle East, followed by North America, Europe, Asia-Pacific, and South/Latin America.

Employees: 3,300

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

208% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 12

114% more capital invested

Capital invested by funds: $117M [Q3] → $251M (+$134M) [Q4]

108% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 24

24% more funds holding

Funds holding: 99 [Q3] → 123 (+24) [Q4]

17% more call options, than puts

Call options by funds: $1.08M | Put options by funds: $923K

1.58% more ownership

Funds ownership: 6.43% [Q3] → 8.01% (+1.58%) [Q4]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $10 31% upside
• Avg. target: $10.80 41% upside
• High target: $12 57% upside

5 analyst ratings

• positive: 5 100%
• neutral: 0 0%
• negative: 0 0%

Benchmark Mike Hickey 44% 1-year accuracy 40 / 91 met price target	57% upside $12	Buy Reiterated	16 Apr 2025
Canaccord Genuity Jason Tilchen 67% 1-year accuracy 6 / 9 met price target	44% upside $11	Buy Maintained	26 Feb 2025
Needham Bernie McTernan 45% 1-year accuracy 62 / 138 met price target	31% upside $10	Buy Maintained	26 Feb 2025
Oppenheimer Jed Kelly 50% 1-year accuracy 17 / 34 met price target	44% upside $11	Outperform Maintained	29 Jan 2025
Canaccord Genuity Michael Graham 37% 1-year accuracy 7 / 19 met price target	31% upside $10	Buy Upgraded	24 Jan 2025