NuWays keeps BUY on NAGA Group, price target EUR 7.3

• NuWays reiterated a BUY rating on NAGA, keeping a 12-month target price of EUR 7.3.
• H1 preliminary results showed the first profitable half, despite sales falling 14% to EUR 27.7 million.
• EBITDA rose 47% to EUR 4.4 million; net profit was EUR 0.9 million versus a EUR 2.6 million loss.
• Marketing spend fell 25% to EUR 11.2 million; funded clients dropped 35% to about 10,000.
• Guidance reiterated at EUR 68-75 million sales, EUR 10-15 million EBITDA; NuWays cut its sales forecast to EUR 60 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The NAGA Group AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_26408) on August 06, 2026, and is solely responsible for the information contained therein.