Should I buy Tabcorp Holdings stock in 2025?

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At HelloSafe, our expert has been tracking the performance of Tabcorp Holdings for over three years. Every month, hundreds of thousands of users in Australia trust us to analyse market trends and identify the best investment opportunities. Our analyses are provided for informational purposes and do not constitute investment advice. In accordance with our ethical charter, we have never been, and will never be, compensated by Tabcorp Holdings.

What is Tabcorp Holdings?

How much is Tabcorp Holdings stock?

The price of Tabcorp Holdings stock is rising this week. The current share price is $0.745 AUD, showing a 24-hour increase of +0.68% and a positive change of +4.93% over the last week. Tabcorp Holdings holds a market capitalization of $1.70 billion AUD, with an average three-month trading volume of 6.16 million shares. The P/E ratio is not applicable at present due to negative trailing earnings, while the dividend yield stands at 1.76% and the beta is a low 0.35, indicating reduced volatility. Investors should note the combination of stability and renewed positive momentum in the current market climate.

Our full analysis of the Tabcorp Holdings stock

Having reviewed Tabcorp Holdings’ latest financial results and the stock’s trajectory over the past three years, we have synthesised in-depth insights by combining financial indicators, technical analysis, market dynamics, and peer comparison through our proprietary evaluation algorithms. This holistic approach reveals both the operational turning points that have occurred recently and the evolving sector context. So, why might Tabcorp Holdings stock once again become a strategic entry point into the gaming and entertainment sector in 2025?

Recent performance and market context

Tabcorp Holdings stock has shown a robust recovery this year, trading at $0.745 AUD with a weekly gain of +4.93% and a remarkable 27.35% rise over the past six months. These gains follow the company’s strong return to profitability and operational turnaround, highlighted by a positive net result after a substantial loss last year. The appointment of Gillon McLachlan as CEO in June 2024 was a pivotal event, signalling the group’s transformation focus. The broader Australian gaming and wagering market continues to prove resilient, buoyed by regulatory renewal and digitalisation trends, creating fertile ground for sector leaders like Tabcorp Holdings to expand margins and market presence.

Technical analysis

From a technical standpoint, the momentum behind Tabcorp Holdings shares is clearly bullish. Key indicators—the 14-day RSI at 60.4 and a positive MACD—signal robust buying strength. The share price remains above all key moving averages (20, 50, 100, and 200 days), each converging in upward “buy” positions, underscoring a structurally positive setup. The stock’s current level sits at a resistance situated around $0.75 AUD, which, once breached, may trigger further acceleration. Multiple technical signals support a strong upward trend, while support at $0.72 AUD offers a clear technical “floor” for new entrants seeking favourable risk/reward.

Fundamental analysis

On a fundamental level, Tabcorp Holdings has re-established revenue growth, with the latest half-yearly sales up 9% to $1.33 billion AUD and a swing back to net profit. The market cap stands at $1.70 billion AUD, reflecting both its recovery and fresh confidence. Although the trailing P/E ratio is currently not applicable due to prior losses, this situation is not uncommon following major restructurings—especially given the group’s demonstrated ability to restore profitability and control costs. The dividend yield of 1.76% is stable, offering additional shareholder value. Tabcorp’s strategic strengths include its dominant TAB brand, an extensive retail and digital network, and a leadership team with proven capacity to deliver transformation. These structural anchors differentiate Tabcorp from both nimble fintech rivals and legacy peers, underpinning its relevance and drive for operational excellence.

Volume and liquidity

Trading volumes—a key sign of market confidence—remain robust, with a three-month daily average of over 6 million shares. This liquidity ensures dynamic price formation and low transaction costs for both new entrants and active investors. With a float of 2.28 billion shares, the platform for valuation re-rating is broad, enabling the market to react quickly and efficiently to both corporate news and sector moves.

Catalysts and positive outlook

Several clear bullish catalysts stand out for Tabcorp Holdings. Most notably, the recent renewal of the Victorian wagering licence secures a major revenue stream for a decade to come and reduces regulatory uncertainty. The ongoing digital transformation, including upgraded platforms and enhanced online customer engagement, continues to drive growth in the Wagering & Media division, where last year saw over 11% growth. A major cost-reduction program is already yielding results, boosting margins and freeing capital for reinvestment in innovation. The company’s improving ESG profile, with responsible gaming initiatives and a modernised retail footprint, also align with broader market and investor sentiments. Sector-wide tailwinds—from increased consumer spending on leisure, to legislative stability—further reinforce the optimism around Tabcorp Holdings’ prospects.

Investment strategies

Tabcorp Holdings currently displays compelling characteristics for a broad spectrum of investors. For short- and medium-term traders, the stock presents an attractive setup near a recent technical base, with high-conviction buy signals suggesting further upside to the nearest analyst target of $0.97 AUD. For long-term investors, the restoration of the dividend, evidence of successful restructuring, and clear commitment to digital expansion build the case for sustained appreciation as Tabcorp continues to optimise its product portfolio and unlock value from its unique market position. Ideal entry points may arise on any short-term consolidations above the $0.72 AUD support or with a confirmed breakout above $0.75 AUD resistance, especially ahead of anticipated catalysts such as quarterly results and further product rollouts. The low beta of 0.35 contributes to portfolio stability even as upside potential remains robust.

Is it the right time to buy Tabcorp Holdings?

Key strengths—proven financial turnaround, sectoral leadership, extensive retail and digital reach, ambitious cost-saving plans, and powerful market catalysts—together establish Tabcorp Holdings as a stock that genuinely deserves renewed attention. The confluence of technical strength, improving profitability, and sustained market momentum justifies the view that the stock may be entering a new bullish phase in 2025. For investors seeking exposure to the Australian entertainment and gaming sector with an improving operational profile and moderate risk, Tabcorp Holdings seems to represent an excellent opportunity at current levels. While no investment is risk-free, the fundamental and technical evidence outlined above provides strong conviction that now is a prime moment to consider Tabcorp Holdings for new or increased positions.

How to buy Tabcorp Holdings stock in Australia

Buying Tabcorp Holdings stock online is simple and safe through a regulated broker in Australia. Investors typically use two main methods: purchasing shares outright (spot buying) to become a shareholder, or trading Contracts for Difference (CFDs) to speculate on price movements without ownership. Each approach offers different advantages and risk factors. If you are ready to compare brokers and find the best fit for your needs, you’ll find a detailed comparison further down the page.

Spot buying

When you buy Tabcorp Holdings shares for cash, you become a direct shareholder with full ownership and potential dividend entitlement. Australian brokers usually charge a fixed commission per trade, which typically ranges from $5 to $15, depending on the platform. This method is straightforward and allows you to benefit directly from price increases and dividends over time.

Gain scenario

If the Tabcorp Holdings share price is $0.745 AUD, you can buy around 1,340 shares with a $1,000 stake, including a brokerage fee of around $5.

If the share price rises by 10%, your shares are now worth $1,100.

Result: +$100 gross gain, i.e. +10% on your investment.

Trading via CFD

CFD trading allows you to speculate on the movements of Tabcorp Holdings’ share price without owning the shares. CFDs can be traded using leverage—which means you can gain larger market exposure with a smaller initial outlay. Brokers usually charge a small spread and, if you keep leveraged positions overnight, an additional financing fee may apply. This method can multiply both gains and risks.

CFD Gain Scenario: Tabcorp Holdings

You open a CFD position on Tabcorp Holdings shares, with 5x leverage.

This gives you a market exposure of $5,000.

✔️ Gain scenario:

If the stock rises by 8%, your position gains 8% × 5 = 40%.

Result: +$400 gain, on a bet of $1,000 (excluding fees).

Final advice

Before you invest, it is important to compare brokers’ fees, market access, and platform functionality—our broker comparison below can help. Whether you prefer buying shares outright or trading via CFDs, the ideal method will always depend on your investment goals, risk tolerance, and desired involvement in the stock market.

Our 7 Tips for Buying Tabcorp Holdings Stock

The latest news about Tabcorp Holdings

Tabcorp Holdings stock gains 4.93% over the past week, outpacing the broader ASX gaming sector. Trading momentum accelerated as technical indicators recorded a strong buy signal, supported by 12 buy recommendations and no sells according to recent market data. The price has broken through key short-term resistance at AUD 0.75, with increased average daily trading volumes over 6 million shares, reflecting robust investor engagement.

Strong financial recovery confirmed as Tabcorp Holdings posts a net profit of AUD 25.3 million for H1 2025. This turnaround from a previous loss of AUD 636.8 million in H1 2024 is driven by a 9% year-on-year revenue increase and effective cost-cutting measures. The impressive improvement strengthens market confidence in the company’s repositioning and ongoing strategic transformation under its new leadership.

Recent executive leadership change accelerates Tabcorp Holdings’ operational transformation and market optimism. With Gillon McLachlan, former AFL chief, now at the helm since June 2024, Tabcorp Holdings has launched new digital initiatives and process optimisations. These changes have enhanced operational performance and renewed investor sentiment towards the company’s future in the evolving Australian gambling landscape.

Victorian betting licence renewal secures key revenue streams and growth visibility for Tabcorp Holdings in Australia. This development ensures continued access to one of the most lucrative state betting markets for the years ahead, supporting long-term growth forecasts and reinforcing Tabcorp Holdings’ dominant position in the national gaming sector.

Technical analysis signals further upside, with the stock trading above all major moving averages and a rising MACD histogram. Recent upward trends, confirmed by RSI at 60.4 and positive MACD crossover, indicate sustained short-term bullish momentum. These indicators provide evidence of continued investor interest and potential for the stock to reach the analyst target price of AUD 0.97.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.