• NuWays reiterated its Buy rating on NAGA Group on Oct. 23, 2026, with a 12-month price target of EUR 7.30.
• September revenue reached EUR 7 million, the strongest month year-to-date; trading momentum continued into October.
• Third-quarter EBITDA fell 39% quarter-on-quarter to EUR 1.35 million despite a leaner cost base.
• Nine-month EBITDA reached EUR 5.9 million, about 60% above full-year 2025.
• The report identified the planned NAGA One launch and new strategic partners as key growth drivers.

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_27160) on October 23, 2026, and is solely responsible for the information contained therein.