Brightstar Lottery PLC

BRSL remains firmly in a Stage 4 decline, trading below all major EMAs and forming a clear sequence of lower highs. The medium-term structure is bearish and unbroken despite a post-capitulation base, and short-term rallies have been rejected at the 9/21 EMA zone. This rejection signals execution readiness on the downside. We will sell now into EMA resistance in anticipation of further downward continuation.

• ↑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