Snail Inc (SNAL)
NASDAQCommunication ServicesElectronic Gaming & MultimediaSnapshot 2026-11-04
$2.09-6.28%
Close 2026-11-04 · 1-day change
NASDAQCommunication ServicesElectronic Gaming & MultimediaSnapshot 2026-11-04
QuarterlyIQ Insights · SNAL
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
A comparable price-assumption read is not available for this company.
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Elevated risk of a next-quarter earnings miss: this name has erratic recent earnings surprises and is a smaller-cap name (higher miss base rate). A fundamental tilt, not a price call.
Model as of 2026-11-04 · Compared with 1 industry peers
SNAL — earnings miss
Dated 2026-08-11
Results of Operations and Financial Condition. On August 11, 2026, Snail, Inc., a Delaware corporation, (the “Company”) issued a press release that included financial information for its quarter ended June 30, 2026. A copy of the press release is attached as Exhibit 99.1 to this Report on Form 8-K and is incorporated herein by reference. The information in this
Why it matters: Q2 bookings fell to $21.8 million from $27.1 million a year earlier. Lower ARK sales drove the decline.
Watch forQ3 bookings are at least $27.1 million, and the company reports stronger ARK sales or DLC bookings.
Also watch forQ3 bookings are below $21.8 million, or ARK sales continue to fall without enough offset from new games.
Why it matters: Snail had $13.3 million in cash at June 30 and still lost $3.0 million in Q2. The next report will show whether cash and losses improve.
Watch forQ3 cash is above $13.3 million and net loss is below $3.0 million.
Also watch forQ3 cash is below $13.3 million and net loss is at least $3.0 million.
Why it matters: Snail listed ARK content for Q3 and Q4 2026. Sales and player counts can show whether those releases draw buyers.
Watch forThe Q3 update confirms plans to release Cerberax and Dragontopia. ARK sales or average daily players are above Q2 levels.
Also watch forA listed Q3 release slips, or ARK sales and average daily players fall below Q2 levels.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$239 on $10,000 · ±2.4% | How much price usually moves either way. |
| Bad day | $906 loss on $10,000 · 9.1% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $7,635 loss on $10,000 · 76.3% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.