Kepler Cheuvreux Optimistic on Enad Global 7 AB Following Game Pass Inclusion
Kepler Cheuvreux raises its earnings forecast for Enad Global 7 AB (EG7) by 10% following the inclusion of the anticipated game Mechwarrior 5: Clans in the Xbox and PC Game Pass lineup. This strategic move is expected to enhance EG7’s fourth-quarter sales, despite potential future unit sales declines. The new forecast remains slightly below EG7’s guidance, with significant conservatism regarding 2026 EBITDA targets due to uncertainties surrounding the H1Z1 game launch.