EVRI Overview

Everi Holdings Inc. Developments: Everi Holdings Inc. has launched its CashClub Wallet® technology at PENN Entertainment’s M Resort Spa Casino, marking the first mobile wallet implementation in Nevada, enabling cashless payments and enhancing customer experience across gaming floors.

Investment Insights: While Everi is recognized as a promising investment, analysts suggest that certain AI stocks may present better growth potential with lower risk, prompting a recommendation to explore undervalued AI opportunities.

Stock Performance: Everi Holdings Inc (EVRI) shares have surpassed the average analyst 12-month target price of $14.19, currently trading at $14.23/share, prompting analysts to consider either downgrading their valuation or raising their target prices based on the company's performance.

Analyst Insights: The average target price is influenced by multiple analysts, with some setting lower targets (as low as $14.00) and others higher (up to $14.25), indicating a mixed outlook that encourages investors to evaluate whether to hold or sell their shares.

Company Rebranding: International Game Technology PLC has announced that its global lottery organization will now operate under the name Brightstar Lottery, effective immediately, following the anticipated sale of its Gaming and Digital business to Voyager Parent, LLC.

Future Focus: Brightstar Lottery aims to enhance player experiences and drive innovation in the lottery sector, leveraging nearly 50 years of industry expertise while continuing to support community initiatives through responsible gaming practices.

Earnings Performance: Everi Holdings (EVRI) reported quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.11 and reflecting a 63.64% earnings surprise downside; however, revenues of $181.3 million surpassed expectations slightly.

Market Outlook: The company's current Zacks Rank is #4 (Sell), indicating expected underperformance in the near future, while industry trends suggest potential impacts on stock performance, with upcoming earnings estimates for the next quarter at $0.09 EPS.

Everi's CashClub Wallet Integration: Everi Holdings has launched its CashClub Wallet technology at M Resort Spa Casino in Nevada, enabling cashless payments for guests through the new "PENN Wallet," enhancing patron engagement and operational efficiency across 22 properties.

Diverse Funding Options: The CashClub Wallet supports various funding sources, including PayPal and Apple Pay, transforming traditional casino payment methods into a seamless digital experience while improving financial access for players.

New Product Launches: Everi Holdings Inc. showcased over 40 new gaming themes and advanced FinTech solutions at the IGA 2025, emphasizing their commitment to enhancing player experiences and operational efficiencies for Tribal gaming partners.

Innovative FinTech Solutions: The company introduced the BeOn™ Mobile Services Platform and Vi®, a mobile gaming solution that allows patrons to engage with games beyond the casino floor, while also highlighting new compliance tools aimed at improving regulatory adherence in the gaming industry.