Prenetics Global (PRE) News Today

Prenetics Global Limited (NASDAQ: PRE) has increased as investors focus on accelerating growth at its IM8 consumer health brand, although continued losses and mixed analyst revisions remain risks.

• Positive Sentiment: IM8 reported 288% year-over-year revenue growth in the second quarter and Prenetics raised its FY 2026 IM8 revenue guidance to $220 million–$230 million. The company also initiated FY 2027 revenue guidance of at least $400 million, signaling strong expected demand and expansion. IM8 Q2 revenue growth and guidance article
• Positive Sentiment: Prenetics announced actress and producer Lily Collins as IM8’s global ambassador and a shareholder. Her audience of more than 33 million social-media followers could broaden IM8’s reach beyond elite sports and improve its access to female consumers. The company said it has already achieved positive consolidated adjusted free cash flow and expects to remain positive in the third quarter. Lily Collins IM8 partnership article
• Neutral Sentiment: Analyst forecasts are mixed. Sidoti raised its Q3 and Q4 2026 estimates but still projects a FY 2026 loss of $2.36 per share, while Zacks lowered its Q3 2026 and FY 2026 forecasts but expects stronger Q4 results and a narrower Q1 2027 loss. These revisions suggest near-term volatility as investors assess whether IM8’s growth can translate into sustained profitability.
• Negative Sentiment: Sidoti lowered its FY 2027 EPS forecast to a loss of $0.72 from a loss of $0.60 and reduced several 2027 quarterly estimates. Prenetics’ latest quarter also showed a negative net margin, and revenue was below consensus despite an EPS beat, underscoring execution and profitability concerns.

Overall, the stock’s upward move appears driven primarily by the sharp IM8 growth outlook, raised revenue guidance, celebrity-led brand expansion and improving cash-flow expectations. Investors should weigh those positives against the company’s ongoing operating losses and analyst uncertainty about the pace of earnings recovery.