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<Research>JPM: GALAXY ENT (00027.HK) 1Q Results Beat; 2025/ 2026 EBITDA Forecasts Raised
GALAXY ENT (00027.HK)'s 1Q25 results beat market consensus and outperformed the industry during 2025 Labor Day Golden Week, according to JPMorgan's research report. GALAXY ...
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<Research>JPM: GALAXY ENT (00027.HK) 1Q Results Beat; 2025/ 2026 EBITDA Forecasts Raised
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GALAXY ENT (00027.HK)  -0.100 (-0.313%)    Short selling $98.19M; Ratio 19.637%   's 1Q25 results beat market consensus and outperformed the industry during 2025 Labor Day Golden Week, according to JPMorgan's research report.

GALAXY ENT's performance during the May Day Golden Week was outstanding, with most of the rooms and gaming area of Capella Macau already in operation. The rest of the rooms are set to open in the coming months, while the initial feedback from its ultra high-end patrons were extremely positive.

Related NewsHSBC Research Expects MO GGR to Be MOP20-21.2B in May, Continues to Like MGM CHINA/ GALAXY ENT
JPMorgan emphasized that GALAXY ENT has a clear growth outlook, and kept rating at Overweight, making it one of its top picks for the long term among casinos.

The broker raised its 2025/ 2026 adjusted EBITDA forecasts by 3-4% to $12.562 billion/ $12.73 billion, from $12.109 billion/ $12.212 billion, and added its target price from $36 to $37, believing that its valuation is attractive.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-13 16:25.)

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