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An update from Prenetics Group ( (PRE) ) is now available.
Prenetics Global Limited announced its unaudited financial results for the second quarter of 2025, highlighting significant growth and strategic initiatives. The company’s revenue increased by 594.9% compared to the previous year, driven by the success of its IM8 Health brand, which achieved a compound annual growth rate of over 3,100% since its launch in December 2024. Prenetics aims to reach $100 million in annual recurring revenue by the end of the year and plans to achieve break-even in early 2026. The company also updated its Bitcoin treasury, accumulating 228 Bitcoins as part of its financial strategy. These developments underscore Prenetics’ strong market positioning and commitment to delivering long-term value to its stakeholders.
The most recent analyst rating on (PRE) stock is a Hold with a $9.00 price target. To see the full list of analyst forecasts on Prenetics Group stock, see the PRE Stock Forecast page.
Spark’s Take on PRE Stock
According to Spark, TipRanks’ AI Analyst, PRE is a Neutral.
Prenetics Group’s overall stock score is primarily influenced by its financial performance challenges, including negative net income and cash flow issues. While technical analysis shows positive momentum, the valuation is hindered by a negative P/E ratio. The absence of earnings call data and corporate events means these factors do not impact the score.
To see Spark’s full report on PRE stock, click here.
More about Prenetics Group
Prenetics Global Limited is a leading health sciences company that focuses on health and wellness solutions. The company is known for its innovative products and services, including the rapidly growing IM8 Health brand, which offers premium nutrition and longevity solutions. Prenetics is also involved in strategic financial initiatives, such as its Bitcoin treasury strategy, to enhance shareholder value.
Average Trading Volume: 61,608
Technical Sentiment Signal: Buy
Current Market Cap: $115.5M
For an in-depth examination of PRE stock, go to TipRanks’ Overview page.