Benchmark Raises Target Price on Super Group (SGHC) to $18, Post Q4 Results

Core Viewpoint - Super Group (SGHC) Limited is identified as one of the most undervalued stocks on the NYSE, with analysts recommending it as a buy following a positive earnings report and promising future guidance [1][3]. Financial Performance - Super Group reported an 11% year-over-year growth in adjusted EBITDA for Q4 2025, driven by revenue growth and margin expansion [1]. - Revenue for Q4 2025 reached $578 million, an 8% increase year-over-year, surpassing street consensus expectations of $485 million [1]. - The company experienced double-digit growth in monthly active customers, contributing to the revenue increase [1]. Future Guidance - Management provided optimistic guidance for 2026, projecting full-year revenue of $2.55 billion, exceeding analyst expectations of $2.09 billion [3]. - Expected adjusted EBITDA for 2026 is $680 million, with further margin improvements anticipated [3]. Company Overview - Super Group (SGHC) Limited is a global digital gaming company engaged in online sports betting and gaming through its brands, Betway and Spin [4].