NAGA Group Maintains Positive Outlook with Confirmed "BUY" Rating

The NAGA Group AG has received a reaffirmed "BUY" rating from analysts at NuWays, with an unchanged price target of EUR 1.20. This indicates an upside potential of 50%, based on the Xetra closing price of EUR 0.80 as of June 11, 2025.

NuWays analysts highlight that NAGA’s fiscal year 2024 results exceeded expectations, showcasing improved profitability through synergy and operational efficiency. The closure of non-core segments contributed positively to these outcomes. Additionally, NAGA's solid performance in Q1 2025 underscores a growth revival, thanks to increased trading activities and strategic marketing efforts, including partnerships with BVB and Mike Tyson.