Noble Financial Remains a Buy on Snail, Inc. Class A (SNAL)

Noble Financial analyst Michael Kupinski maintained a Buy rating on Snail, Inc. Class A (SNAL – Research Report) today and set a price target of $9.00. The company’s shares closed yesterday at $1.05.

Kupinski covers the Communication Services sector, focusing on stocks such as Townsquare Media, AdTheorent Holding, and Cumulus Media. According to TipRanks, Kupinski has an average return of 11.1% and a 39.92% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Snail, Inc. Class A with a $9.00 average price target.

Based on Snail, Inc. Class A’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $8.98 million and a GAAP net loss of $4.43 million. In comparison, last year the company earned a revenue of $15.61 million and had a GAAP net loss of $1.55 million

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Snail, Inc. Class A (SNAL) Company Description:

Snail Inc operates as a developer and publisher of interactive digital entertainment for consumers around the world. Its portfolio comprises premium games designed for use on a variety of platforms, including consoles, PCs, and mobile devices. It derives revenue from the sale of software titles, which are developed internally or licensed by related parties.