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Investing.com - Noble Capital lowered its price target on Snail Inc. (NASDAQ:SNAL) to $3.50 from $4.00 on Wednesday, while maintaining an Outperform rating on the stock. The company’s shares, currently trading at $0.92, have declined nearly 56% over the past six months, though InvestingPro data shows the company remains profitable with strong revenue growth of 47% in the last twelve months.
The adjustment reflects Noble Capital’s lowered adjusted EBITDA expectations for 2026, according to the research note.
Noble Capital indicated that at current levels, SNAL shares trade at approximately 3.0 times Enterprise Value to its revised 2026 adjusted EBITDA estimate.
The firm believes there is a "favorable risk/reward relationship" for the stock based on prospects for improved fundamentals in 2026.
Noble Capital also cited the potential for successful implementation of Snail’s Stablecoin strategy as a factor in maintaining its Outperform rating despite the lower price target.
In other recent news, Snail Inc. reported its Q2 2025 earnings, showing a net revenue of $22.26 million, which is an increase from the previous year. The company, however, posted a net loss of $16.6 million, a notable shift from a net income of $2.3 million in the same quarter last year. Snail Inc. missed earnings expectations, reporting an EPS of -$0.01 compared to the forecasted $0.02. Despite these results, the stock experienced a rise in after-hours trading. These developments are part of the latest updates concerning Snail Inc. Investors and analysts are closely monitoring these financial results. Further analysis and projections from firms may provide additional insights into Snail Inc.’s financial health.
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