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Emerging Growth Research initiates Newton Golf coverage with $3 price target

PUBT · 05/08 17:30

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Emerging Growth Research initiates Newton Golf coverage with $3 price target

Emerging Growth Research initiated coverage of Newton Golf (NWTG.O) with a Buy-Emerging rating, setting a 12-month price target of USD 3.
FY:25 revenue was about USD 8.1 million, up 136% from USD 3.4 million in FY:24; forecasts call for 46% growth in FY:26, easing to 40% in FY:27.
More than 60 professional players use Newton Golf shafts across PGA TOUR Champions, LPGA, Korn Ferry Tours, up from about 30 in 2024.
Positive EBITDA seen as possible in second half of FY:27, contingent on continued revenue growth, expense discipline.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Newton Golf Company published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202605081330ACCESSWRNAPR_____1165406) on May 08, 2026, and is solely responsible for the information contained therein.

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