Cantor Fitzgerald reiterates Overweight rating for Prenetics Global Limited (NASDAQ: PRE) with a new 12-month price target of $31. The company notes strong unit economics for IM8, including 60% margins, 3.9-month payback period, and $120M liquidity with 387 BTC treasury. Cantor forecasts FY2026 revenue of $217 million as IM8 expands internationally. Prenetics CEO, Danny Yeung, highlights the company’s emergence as a global health leader. Prenetics, known for its flagship brand IM8 co-founded with David Beckham, has achieved rapid growth and established a Bitcoin treasury. IM8’s core product, Daily Ultimate Essentials, is a premium all-in-one powder supplement.

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