Snail, Inc. Class A (SNAL) AI Stock Analysis

• Market Cap: $28.70M
• Dividend Yield: N/A
• Average Volume (3M): 116.36K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.93
• Revenue Growth: -5.17%
• EPS Growth: -898.23%
• Country: US
• Employees: 149
• Sector: Communication Services
• Sector Strength: 97
• Industry: Electronic Gaming & Multimedia
• EPS (TTM): -0.21
• Shares Outstanding: 8,998,728
• 10 Day Avg. Volume: 118,464
• 30 Day Avg. Volume: 116,355
• PEG Ratio: -0.31
• Price to Book (P/B): 7.07
• Price to Sales (P/S): 0.81
• P/FCF Ratio: -43.73
• Enterprise Value/Market Cap: 1.74
• Enterprise Value/Revenue: <0.01
• Enterprise Value/Gross Profit: 1.30
• Enterprise Value/Ebitda: >-0.01
• 1Y Price Target: $3.00
• Price Target Upside: 284.62% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 42 Neutral
• Price Target: $0.75 ▼(-4.10% Downside)

The score is driven primarily by weak and unstable financial performance (large TTM loss, negative equity, and negative free cash flow). Technicals reinforce the risk with the stock trading below key moving averages and negative MACD. Offsetting factors are limited to modestly constructive earnings-call items (bookings growth and expectations for a stronger quarter) but are outweighed by listing-risk corporate news and loss-making valuation metrics.

Positive Factors

Franchise Engagement & IP Strength

Sustained, large-scale engagement across ARC and other titles (high unit sales, strong DAU and mobile downloads) demonstrates durable intellectual-property strength and multi-platform reach, underpinning repeatable live-ops monetization and long-term franchise value.

Multi-year Content Roadmap

A published content roadmap through 2027 gives multi-year release visibility, enabling predictable development cadence, planned monetization events and marketing cycles; this supports sustained revenue generation and better resource allocation over the medium term.

Bookings Growth and Revenue Visibility

Rising bookings combined with a sizable deferred revenue balance that is due to be recognized provides near-term revenue visibility and confirmed customer prepayments, reducing short-term topline volatility and supporting predictability for upcoming quarters.

Negative Factors

Negative Stockholders' Equity

A move to negative equity materially weakens the capital structure, reducing the company’s loss-absorbing capacity, limiting access to traditional financing, raising covenant and counterparty concerns, and increasing the likelihood of dilutive or costly recapitalizations.

Inconsistent Cash Generation & Negative FCF

Negative free cash flow and volatile historical cash conversion signal the business is not self-funding its content investments; persistent FCF deficits force reliance on external financing, heightening refinancing, dilution and execution risk for multi-year development plans.

Nasdaq Listing Compliance Risk

A Nasdaq non-compliance notice creates structural corporate risk: potential reverse split, delisting, or other remedial actions could dilute shareholders or distract management, and the threat persists over months until compliance is restored or alternative measures executed.

Snail, Inc. Class A Business Overview & Revenue Model

Company Description

Snail, Inc., together with its subsidiaries, develops, markets, publishes, and distributes interactive digital entertainment for consumers worldwide. It offers games, content, and support for various platforms, including game consoles, personal computers, mobile phones, and tablets. The company was founded in 2009 and is based in Culver City, California.

How the Company Makes Money

Snail, Inc. generates revenue primarily through the sale of its video games and in-game purchases. The company offers its games on multiple platforms, including consoles, PCs, and mobile devices, allowing it to reach a wide range of consumers. In addition to direct sales, Snail, Inc. monetizes its games through microtransactions, where players can purchase virtual goods, upgrades, or additional content within the games. The company may also earn revenue through licensing agreements, where third-party companies pay for the rights to use or distribute Snail's gaming content. Strategic partnerships with other technology and gaming companies can enhance distribution channels and provide additional revenue opportunities.

Snail, Inc. Class A Financial Statement Overview

Summary

Snail, Inc. shows mixed financial performance with strong liquidity but operational and cash flow challenges. Revenue fluctuations and inconsistent profitability metrics indicate potential instability. The balance sheet strength is a positive, but cash flow concerns may impact future operations.

Income Statement

The income statement shows volatility with fluctuating revenues and profit margins. Revenue for the latest period was $84,500, a significant decline from $609,020.98 the previous year. Gross profit margin improved to 35.85%, but net profit margin was 0% due to net income being zero. Historical data shows inconsistent EBIT and EBITDA margins, indicating operational challenges.

Balance Sheet

The balance sheet reflects a strong liquidity position with cash and equivalents at $8.24 billion, surpassing total debt of $1.5 billion. However, the debt-to-equity ratio is 0.16, signaling manageable leverage. The equity ratio is 15.55%, highlighting low equity compared to assets, but return on equity is null due to zero net income.

Cash Flow

Cash flow analysis reveals a negative operating cash flow of -$1,600, indicating operational cash challenges. Free cash flow also decreased significantly. The operating cash flow to net income ratio is not meaningful due to zero net income. Free cash flow to net income is negative, suggesting cash flow struggles.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	13.89B	84.47M	60.90M	74.44M	106.73M	124.94M
Gross Profit	38.56M	30.23M	12.16M	21.32M	43.05M	57.64M
EBITDA	-9.24B	3.49M	-8.15M	7.70M	26.18M	51.80M
Net Income	-7.88B	1.83M	-9.09M	947.81K	8.47M	30.69M
Balance Sheet
Total Assets	51.06M	62.19M	90.86M	72.77M	80.09M	123.62M
Cash, Cash Equivalents and Short-Term Investments	12.28M	7.30M	15.20M	13.87M	11.66M	27.59M
Total Debt	10.87M	7.22M	14.87M	22.03M	18.64M	17.96M
Total Liabilities	72.14M	58.02M	88.06M	63.41M	70.03M	89.28M
Stockholders Equity	-15.57M	9.67M	8.30M	14.86M	15.59M	39.36M
Cash Flow
Free Cash Flow	-2.45M	-1.57M	465.87K	-3.36M	10.85M	48.46M
Operating Cash Flow	552.07K	-1.57M	465.87K	-3.36M	15.85M	48.49M
Investing Cash Flow	-4.15M	0.00	0.00	1.21M	-35.85M	-18.14M
Financing Cash Flow	5.11M	-6.49M	-3.44M	4.84M	2.63M	-7.56M

Snail, Inc. Class A Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.78
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SNAL, the sentiment is Negative. The current price of 0.78 is below the 20-day moving average (MA) of 0.85, below the 50-day MA of 0.90, and below the 200-day MA of 1.04, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 38.37 is Neutral, neither overbought nor oversold. The STOCH value of 39.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SNAL.

Snail, Inc. Class A Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DDI	79 Outperform	$444.00M	3.86	12.55%	―	1.21%	0.72%
MSGM	68 Neutral	$20.11M	36.96	44.93%	―	11.38%	-94.39%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
GMGI	57 Neutral	$98.03M	-16.30	-4.94%	―	53.06%	-196.63%
GDEV	55 Neutral	$283.28M	7.73	―	18.48%	―	―
BHAT	43 Neutral	$8.40M	-0.08	-14.99%	―	-53.11%	82.68%
SNAL	42 Neutral	$28.70M	-1.13	22.59%	―	-5.17%	-898.23%

Snail, Inc. Class A Corporate Events

Snail, Inc. Faces Nasdaq Non-Compliance, Weighs Options

On December 30, 2025, Snail, Inc. disclosed that it had received a notice from Nasdaq stating that, from November 11 through December 29, 2025, its common stock failed to maintain the required minimum closing bid price of $1.00 per share for 30 consecutive business days, putting it out of compliance with Nasdaq’s listing standards. The company’s stock continues to trade on the Nasdaq Capital Market, and Snail has been given a 180-day grace period, until June 29, 2026, to regain compliance—potentially by achieving a closing bid price at or above $1.00 for at least ten consecutive business days—with the possibility of a further 180-day extension if other listing requirements are met; to preserve its listing and avoid potential delisting, the company said it will closely monitor its share price and may employ measures such as a reverse stock split, signaling heightened listing risk and uncertainty for shareholders over the coming months.

The most recent analyst rating on (SNAL) stock is a Buy with a $3.00 price target. To see the full list of analyst forecasts on Snail, Inc. Class A stock, see the SNAL Stock Forecast page.

Snail, Inc. Issues Note and Conversion Shares

Snail, Inc. Class A has issued a Note and Conversion Shares under the exemption provided by Section 4(a)(2) of the Securities Act of 1933, which allows for the offer and sale of securities not involving a public offering. This move is expected to impact the company’s financial operations by leveraging private investment opportunities, potentially affecting its market positioning and stakeholder interests.

The most recent analyst rating on (SNAL) stock is a Buy with a $3.00 price target. To see the full list of analyst forecasts on Snail, Inc. Class A stock, see the SNAL Stock Forecast page.

Snail, Inc. Announces Note and Conversion Shares

Snail, Inc. Class A announced the issuance of a Note and Conversion Shares, utilizing an exemption under the Securities Act of 1933 for non-public offerings. This strategic financial maneuver is expected to impact the company’s capital structure and could influence its market positioning by leveraging regulatory exemptions.

The most recent analyst rating on (SNAL) stock is a Buy with a $3.50 price target. To see the full list of analyst forecasts on Snail, Inc. Class A stock, see the SNAL Stock Forecast page.