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/BRSL
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Brightstar Lottery PLC

Brightstar Lottery PLC

BRSL
$10.74USD↓-2.27%-0.25 today

MARKET CAP

2.0B

P/E (TTM)

12.2x

FWD P/E

14.2x

DAY RANGE

$11 – $11

52W RANGE

$10
$19

AI Summary

Stalk
TrimMedium

BRSL remains entrenched in a Stage 4 decline with lower highs and lower lows and trading below all major EMAs. The medium-term structure is bearish and unbroken despite a post-capitulation base, and price has failed to rally into the 9/21 EMA resistance zone. Short-term timing is neutral as price is oversold and consolidating beneath declining EMAs, so we defer execution and will trim positions on a bounce into the EMA overhead resistance area.

  • ↑Returned $70M via dividends and buybacks in Q1, underscoring cash strength
  • ↑Adjusted EBITDA grew 15% YoY to $287M, boosting operational profitability
  • ↓Profitability factors weak with margin pressure and negative analyst revisions
Full analysis →

The case for & against

Bull & Bear analysis

Bullish

Brightstar Lottery PLC (NASDAQ:BRSL) is a leading technology provider in the global lottery sector, catering to major operators around the world. The company has established itself as a key player by integrating innovative digital solutions and enhancing customer engagement, especially in markets like Italy and the U.S. As a prominent provider, Brightstar is part of the rising trend towards digital lottery initiatives, which are reshaping the gaming landscape, with expectations of consistent growth driven by technological advancements and evolving consumer preferences.

Bull says

  • ↑Returned $70M via dividends and buybacks in Q1, underscoring cash strength
  • ↑Adjusted EBITDA grew 15% YoY to $287M, boosting operational profitability
  • ↑Revenue guidance of 3–5% H2 growth backed by digital channel investments
  • ↑Dividend yield at 3.42% and ongoing repurchases enhance shareholder value
  • ↑iLottery wagers up 30% globally, U.S. market share up ~2.5 points
  • ↑Net debt/EBITDA improved to 2.4x after asset sale, debt manageable

Bear says

  • ↓Profitability factors weak with margin pressure and negative analyst revisions
  • ↓High P/E of 36.3x risks overvaluation if growth disappoints
  • ↓Sales on major jackpots below prior year levels increase earnings swings
  • ↓Regulatory shifts in UK cut revenue growth by ~2% each quarter
  • ↓High short interest and low institutional support signal investor skepticism
  • ↓Quality and momentum factors weak, hinting at potential balance sheet issues

Investment themes with BRSL

High Dividend Yield↑ +0.32%

Companies paying above-average dividends

AVGO · JPM · XOM

Earnings Call · Q1 2026 · Mgmt. Guidance

Updated 05-13-2026neutral

Transcript signals

Bull points

  • we delivered a solid start to the year with first quarter results reflecting the strength of our global portfolio and disciplined execution against our strategic priorities.
  • Revenue for the quarter was approximately $590 million, increasing 1% as reported and 3% on a constant currency basis, excluding service revenue amortization.
  • Adjusted EBITDA grew 15%, as reported, and 5% in constant currency, reflecting both operating discipline and continued benefits from our Optima efficiency program.

Bear points

  • In the United States, same-store sales were flat and below our expectations.
  • Performance varied significantly by jurisdiction.
  • we are very frustrated with the recent performance of our contract in New Jersey, which is attributed to specific issues related to how relevant the multi-stage airport game is in the state compared to the rest of the country.
Read full transcript analysis ›