The NAGA Group Maintains Strong "Buy" Rating from NuWays

Hamburg, 6 August 2026 – The NAGA Group AG continues to receive a "Buy" recommendation from NuWays. This research update also maintains a price target of EUR 7.30. Based on the Xetra closing price of EUR 3.40, the stock presents an upside potential of 115%.

This positive outlook follows The NAGA Group's first profitable half-year in its history. In the first half of 2026, the company's EBITDA saw a 47% increase to EUR 4.4 million, and net profit turned positive at EUR 0.9 million. Analysts pointed to the company's focused marketing strategy and reduced costs as driving factors, along with advancements in AI-supported processes and improved client quality.