SMC Research keeps NAGA at Speculative Buy, price target EUR 10

• SMC Research reaffirmed a “Speculative Buy” rating on The NAGA Group, keeping its price target at EUR 10.
• The target implies 194% upside from the EUR 3.4 Xetra close on Aug. 10, 2026.
• SMC flagged margin progress despite lower revenue, citing H1 2026 EBITDA up 47% to EUR 4.4 million.
• Net profit reached EUR 0.9 million, marking the first profitable half-year in the company’s history.

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 on August 10, 2026, and is solely responsible for the information contained therein.