contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


redeye-embracer-q3-review-stable-near-term-outlook-game-pipeline-supports-upside-in-202627e

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Embracer Group is a global group with operations in PC/console and mobile games, as well as other related media. The group has an extensive game portfolio and conducts development both through internal studios and in collaboration with external developers. The company is headquartered in Karlstad and has a global presence through its operative groups.

Maybe last week’s rise was more of a relief rally than a major change in direction. Before the next game comes out of the pipeline. But a little comparison between ReAnimal and Little Nightmares 3. Tarsier developed those two previous Little Nightmares and then moved on to ReAnimal. To start, it can be noted that LN3 was more followed on Steam and more widely in general, so it had a better starting point for success. The game was released and it clearly fell short of the success of the previous games. Tarsier also pulled off a nice trick by getting a demo out for ReAnimal in connection with the LN3 launch, and it showed. Now some numbers are starting to come out for it as well. ReAnimal clearly won in terms of Twitch following, reviews, and player feedback. This is also visible in the early sales.   Little Nightmares 3 early sales after the October launch.   ReAnimal after the weekend.  18.2.  The week isn’t even full yet and ReAnimal is already over 200k on the Steam side. On the console side, the game has been available for Switch2/PS5/Xbox x/s. [ UK software sales chart for the week ending February 14, 2026 - Mario Tennis Fever, Reanimal, and Yakuza in the top 10 ]  The NintendoEverything site lists ReAnimal at 4th in UK sales. So the game is selling very well across all platforms. ReAnimal is still a niche category game, which can probably be compared to the sales of the Little Nightmares series once some milestones (if they report them) are reached.  26.2  Steam sales (about 350k) and console sales probably brought ReAnimal to somewhere around 500-750k units. And a bigger horror genre game (Resident Evil) will likely take the spotlight for a longer while. Perhaps the next game that could have interesting sales is the Gothic Remake coming in June. Meanwhile, short positions after short positions are being opened on Embracer; the situation is good for them (the shorts).

At first, I was inclined to be quite disappointed with yesterday, but after digesting the report, it looks like quite a defensive victory has been baked in, and the share price reaction certainly brought some relief.  no earnings collapse no cash crisis no new restructuring decisions  The market was already pricing in a lot of trouble for the company. Maybe Embracer finally found its bottom, but the movement over the coming days will tell us more. Short interest has been steadily increasing; I wonder if yesterday even made that crowd raise their eyebrows. The future trajectory is what matters most: that Embu’s studios’ performance leads to successful game launches and that the major AAA flagships are also supported by successful AA releases, as well as more interesting projects in the pipeline (what the audience wants). I think the short-term outlook is already slightly better than last autumn, and Gothic, which has had good wishlist rankings, finally got its release date. Tomb Raider is coming in 2026 (this was also clearly clarified now). And ReAnimal sales kick off today. Hoping for a quick one-million-unit milestone. A large number of ROI bubbles appeared at the bottom again. I tested the SpongeBob (Paavo) game with the kids, and even they didn’t play it for long   I’m not bashing the studio of the SpongeBob game, but maybe it’s time to let go of this license and let this team try adapting the next morning cartoon into a game. LittleBigPlanet was dug out of the box, and it caused a huge row over game turns…

Tarsier is a good studio and the latest comments from Tarsier’s head were that they won’t touch AI, so that gets a thumbs up from players. Reanimal has good buzz and a nice high ranking on Steam considering the wishlists. Carmageddon seemed to be the work of an independent Italian studio and I watched some stream of it myself. I suppose Embbu (Embracer) gets those small returns from it, but it didn’t tie up much capital. Well, at least it’s been revived; maybe those who find the game will get the developer studio to take the game in a direction that resembles the original rather than strict track racing.  No bounce, just more shorting today.   ReAnimal’s reviews were also released.  Expectations exceeded and KCD2 surpassed 5m copies. But… The bar was lowered again and Gothic is pushed to June.

Reanimal will likely sell quite well, although THQ Nordic has a magical ability to fail with every release. THQ released a new game last week as well and probably no one even noticed, but once again, it’s guaranteed filler for the bottom row of the ROI table:

Reanimal’s review embargos lift tomorrow morning around 11:00. There could be a small bump from the reviews, but the sales window is quite tight as the newest Resident Evil is also being released later this month. This brings me to the point that Embracer’s target is hanging by a thread, and there might possibly even be a profit warning in the next interim report. Not much information has been released about the release of Gothic yet; the latest Making of 5 mentioned to have a little patience and “soon.” So, based on my thoughts, the traction from the PC side won’t be enough yet. A lot relies on sales from others (mobile, LOTR, licenses). There also seems to be an interesting confusion, as it previously seemed the TB (Tomb Raider) remake was flagged for this year, but now that too must be called into question. Especially since Crystal Dynamics is promising more information about the game this year… Earnings the day after tomorrow… luckily they’re getting some games out…  From the rumor mill: Chris Stockman has been working on a draft for a Saints Row prequel for 3 months already, so this is indeed a serious attempt to revive the game series. Chris promised news when there is any to give, although silence could also indicate that the project has been shelved. There is supposedly even a AAAA-sized project underway within Eidos; I don’t know if it’s their own or contract work for someone else (Microsoft’s Fable?).

I’m waiting for my bank to get the acquisition price for Coffee Stain sorted out, then I’ll post whatever lottery numbers they came up with.  A small update on the last year where Embracer is Embracer. And New Year’s greetings if anyone still owns this   Embracer’s YTD looks grim if you only look at this image. (Yahoo) But for Embracer + Asmodee + Coffee Stain, the YTD is actually +4.9%. This depends on having participated in this year’s spin-off saga. Enterprise value, which likely tells many about the risk profile, also changed significantly. Embracer released one high-profile and profitable game. They put Easybrain up for sale, thanks to which the debt load vanished; Asmodee is still digesting its own debt for a while, but progress has been made there too. The change in enterprise value (Embracer + Asmodee + Coffee Stain) was 55.37 BSEK (end of 2024) and 44.22 BSEK (end of this year). So, the enterprise value “collapsed” by 11 BSEK. To some extent, Embracer’s AAA products have taken hits and seen delays (where’s Metro, when’s Marvel), and cancellations in collaborative projects (Perfect Dark, LOTR online). Additionally, no share issues, no forced sales. Above all, a year of change in the risk profile. This list comes from the Swedish Placera forum, user Lucifer:   Studios and similar that disappeared in 2025 Embracer’s management said they weren’t done after the restructuring program, and they weren’t. Many of the things they have done have been too small to issue a press release, so I collected everything that disappeared in 2025. In 2025, Embracer has distributed:  Asmodee Group  Coffee Stain Group In 2025, Embracer has sold:  EasyBrain (formerly EasyBrain)  Misc Games (formerly Amplifier)  ​​​​Studio Hermitage (formerly Amplifier)  ​​​​Zapper Games (formerly Amplifier)  ​​​​SpringboardVR (formerly Plaion)  Arc Games (formerly Gearbox)  Cryptic Studios (formerly Gearbox)  Lost Boys Interactive (formerly Gearbox)  Anime Limited (formerly Plaion pictures) In 2025, Embracer has shut down:  Green Tile Digital (formerly Amplifier)  ​​​​Infinite Mana Games (formerly Amplifier)  ​​​​Palindrome Interactive (formerly Amplifier)  ​​​​Mirage Game Studios (formerly THQ Nordic)  IUGO Mobile Entertainment (formerly DECA) In 2025, Embracer has merged:  Jufeng Studio (DECA)  Gaya Entertainment (Plaion)  18point2 (Plaion)  KSM Film (Plaion Pictures)  Spotfilm Networx (Plaion Pictures)  Parent company Embracer has been stripped down very lean; it’s as if the Goat Simulator goat took the rest of the cabbage with it when Coffee Stain spun off. I’m surprised CS got numbers this high and seems to be defending the 20 SEK line (insiders have been buying too). The game lineup should then start at the beginning of the year, led by Reanimal in February.  Gothic Remake Warhammer Dawn of War 4 Fatekeeper Tomb Raider: Legacy of Atlantis, for which I expect strong sales.  Year 2025 in short  Risk profile improved, share price curve worsened.

When you received Coffee Stain Group B shares through Embracer, what will be their acquisition price?

Embracer Group

Redeye’s analyst just published a Research Update on Embracer.Click here to read the articleMake sure to add Embracer to your Watchlist at Redeye and our analysts will notify you if anything...

<div class="mfn-body"><p>Redeye’s analyst just published a Research Update on Embracer.</p><p><strong><a rel="noopener" href="https://www.redeye.se/research/1150660/embracer-q3-review-stable-near-term-outlook-game-pipeline-supports-upside-in-2026-27e?utm_source=MFN&amp;utm_medium=pmcour">Click here to read the article</a></strong></p><p>Make sure to add Embracer to your Watchlist at Redeye and our analysts will notify you if anything relevant happens regarding your companies.</p><p>This is a press release from Redeye - Research Powered Investment Banking.&nbsp;<a rel="noopener" href="http://www.redeye.se/">www.redeye.se</a></p></div><div class="mfn-footer mfn-attachment mfn-attachment-general"><p><strong class="mfn-heading-1">Attachments</strong></p><hr><p><a rel="noopener" href="https://storage.mfn.se/2b01a518-49ed-4099-a599-e2e91c45f985/embracer-q3-review-stable-near-term-outlook-game-pipeline-supports-upside-in-2026-27e.pdf" class="mfn-generated mfn-primary">Embracer (Q3 Review): Stable near-term outlook, game pipeline supports upside in 2026/27E</a></p></div>