Giannis Becomes First NBA Athlete Shareholder in NASDAQ Health Brand
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 02 2026
0mins
Should l Buy PRE?
Source: Newsfilter
- Strategic Partnership: Giannis Antetokounmpo has formed a global partnership with Prenetics, becoming a Global Partner and the first NBA athlete shareholder in IM8, demonstrating his long-term commitment to the brand and expected to drive IM8's global market expansion.
- Revenue Growth Potential: Since its launch in December 2024, IM8 has achieved $100 million in annualized recurring revenue within just 11 months, with projections to reach $180 to $200 million in 2026, showcasing its rapid growth potential in the supplement industry.
- Market Coverage Expansion: With over 35 million social media followers, particularly strong in the U.S., Europe, Africa, and Asia, Giannis's influence aligns perfectly with IM8's global expansion strategy, likely opening new market opportunities for the brand.
- Enhanced Brand Credibility: Collaborations with top athletes like Giannis bolster IM8's cross-sport credibility, and with zero debt and approximately $160 million in liquidity, IM8 is positioned to build a competitive edge in the consumer health sector.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy PRE?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on PRE
About PRE
Prenetics Global Ltd is a company principally engaged in the provision of diagnostic and preventive products and services. The Company operates its business through two segments. The Diagnostics segment is mainly engaged in the sale of precision oncology testing services. The Prevention segment is mainly engaged in the design and sale of genetics testing, including update services, and stool-based deoxyribonucleic acid (DNA) tests for early colorectal cancer screening. The Company's products and services include CircleDNA, ACTOnco, ACTHRD and other products. The in-house developed consumer genetic testing product, CircleDNA, offers comprehensive DNA tests capitalizing on in-house developed testing algorithm. ACTOnco is a comprehensive cancer test used to guide treatment selection for major solid tumors. ACTHRD is a test for the homologous recombination deficiency status of cancer patients. The Company is also engaged in consumer health products by a new health and wellness brand IM8.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Giannis Becomes First NBA Athlete Shareholder in NASDAQ Health Brand
- Strategic Partnership: Giannis Antetokounmpo has formed a global partnership with Prenetics, becoming a Global Partner and the first NBA athlete shareholder in IM8, demonstrating his long-term commitment to the brand and expected to drive IM8's global market expansion.
- Revenue Growth Potential: Since its launch in December 2024, IM8 has achieved $100 million in annualized recurring revenue within just 11 months, with projections to reach $180 to $200 million in 2026, showcasing its rapid growth potential in the supplement industry.
- Market Coverage Expansion: With over 35 million social media followers, particularly strong in the U.S., Europe, Africa, and Asia, Giannis's influence aligns perfectly with IM8's global expansion strategy, likely opening new market opportunities for the brand.
- Enhanced Brand Credibility: Collaborations with top athletes like Giannis bolster IM8's cross-sport credibility, and with zero debt and approximately $160 million in liquidity, IM8 is positioned to build a competitive edge in the consumer health sector.
See More
Prenetics Approves $40 Million Share Repurchase Program
- Share Repurchase Program: Prenetics Global Limited's Board of Directors has approved a share repurchase program of up to $40 million, set to be executed over the next 12 months, aimed at enhancing shareholder value and boosting market confidence.
- Insider Share Purchases: The executive leadership team has purchased approximately $1.3 million in shares between February 23 and 27, 2026, including about $750,000 by CEO Danny Yeung, demonstrating strong confidence in the company's future prospects.
- Significant Total Investment: Combined with $1.45 million in purchases made after the November 2025 earnings release, executives have invested approximately $2.75 million in Prenetics shares, reflecting a solid belief in the company's long-term value.
- Strong Stock Performance: Currently, Prenetics shares are trading at $16.23 on Nasdaq, up $1.16 or 7.33% from the previous day, indicating a positive market reaction to the company's repurchase announcement.
See More
Prenetics Announces $40M Share Buyback Plan Amid Undervaluation
- Share Buyback Initiated: Prenetics has announced a plan to repurchase up to $40 million in shares over the next 12 months, aimed at addressing the current undervaluation of its stock, reflecting the board's confidence in the company's underlying value.
- Valuation Assessment: Currently, Prenetics has an enterprise value of approximately $89 million, which is less than 0.5 times the revenue projected from its IM8 supplement brand for 2026, indicating a market underestimation of its future growth potential.
- Revenue Guidance Reaffirmed: In its Q4 2025 earnings report, Prenetics reaffirmed its revenue guidance for the IM8 brand at $180 million to $200 million for 2026, with plans to achieve $250 million to $300 million in annual recurring revenue by year-end, showcasing the company's optimistic outlook for future performance.
- Executive Stock Purchases: During the final week of February, Prenetics executives purchased nearly $1.3 million worth of company stock, including a $750,000 insider purchase by CEO Yeung, further indicating management's confidence in the company's prospects.
See More
Prenetics Executives Invest $2.75 Million in Stock Purchases
- Executive Stock Purchases: Prenetics' executive leadership team executed open market purchases of 76,060 shares during the trading window from February 23 to 27, 2026, totaling approximately $1.3 million, demonstrating confidence in the company's future growth.
- CEO Personal Investment: CEO Danny Yeung invested about $750,000 in this round, an increase from his previous investment of approximately $502,000 in November 2025, indicating his ongoing confidence in the performance of the IM8 business.
- Strong Financial Performance: The IM8 brand achieved over $100 million in annualized recurring revenue within just 11 months of launch, making it one of the fastest-growing brands in consumer health, which further strengthens the company's competitive position in the market.
- Strategic Implications: The continued investment by executives not only reflects their trust in the company's fundamentals but may also attract more investor attention to Prenetics, potentially driving the stock price upward and enhancing market confidence.
See More
Prenetics Launches New Clinical-Grade Nutritional Supplement
- Product Upgrade: Prenetics has launched Daily Ultimate Essentials PRO, featuring a 733% increase in Vitamin B12 and a 150% increase in Vitamin K2, significantly enhancing cellular energy and bone health, marking a major advancement in nutritional science.
- New Flavor Introduction: The new product introduces two flavors, Mango + Passionfruit and Lemon + Orange, catering to consumer demand for variety while maintaining the original price, thereby enhancing customer appeal.
- Automatic Customer Upgrade: Existing IM8 subscribers will be automatically upgraded to the PRO formula with their next delivery at no extra cost, a strategy that not only boosts customer satisfaction but also strengthens brand loyalty.
- Market Performance: The IM8 brand achieved over $100 million in annualized recurring revenue within just 11 months of launch, demonstrating strong growth potential in the global health market and further solidifying Prenetics' leadership in health sciences.
See More
U.S. Stocks Rise, Nasdaq Gains Over 1%
- Market Performance: U.S. stocks broadly rose on Wednesday, with the Nasdaq Composite gaining over 1% and the Dow up 0.57% to close at 49,814.98, indicating positive market sentiment and increased investor confidence.
- Sector Dynamics: Energy stocks rose by 1.6% on Wednesday, reflecting optimistic expectations for energy demand, while real estate stocks fell by 1.2% on Tuesday, highlighting challenges faced by the sector amid market uncertainties.
- Durable Goods Orders: U.S. durable goods orders fell by 1.4% month-over-month in December, contrasting sharply with a revised 5.4% gain in November, suggesting a potential slowdown in economic growth that could impact future consumer and investment decisions.
- Commodity Markets: Oil prices increased by 4.2% to $64.93 per barrel, gold rose by 2.3% to $5,020.40, and silver climbed 6.2% to $78.120, indicating a rising demand for commodities as investors seek safe-haven assets.
See More
Giannis Becomes First NBA Athlete Shareholder in NASDAQ Health Brand
- Strategic Partnership: Giannis Antetokounmpo has formed a global partnership with Prenetics, becoming a Global Partner and the first NBA athlete shareholder in IM8, demonstrating his long-term commitment to the brand and expected to drive IM8's global market expansion.
- Revenue Growth Potential: Since its launch in December 2024, IM8 has achieved $100 million in annualized recurring revenue within just 11 months, with projections to reach $180 to $200 million in 2026, showcasing its rapid growth potential in the supplement industry.
- Market Coverage Expansion: With over 35 million social media followers, particularly strong in the U.S., Europe, Africa, and Asia, Giannis's influence aligns perfectly with IM8's global expansion strategy, likely opening new market opportunities for the brand.
- Enhanced Brand Credibility: Collaborations with top athletes like Giannis bolster IM8's cross-sport credibility, and with zero debt and approximately $160 million in liquidity, IM8 is positioned to build a competitive edge in the consumer health sector.
See More
Prenetics Approves $40 Million Share Repurchase Program
- Share Repurchase Program: Prenetics Global Limited's Board of Directors has approved a share repurchase program of up to $40 million, set to be executed over the next 12 months, aimed at enhancing shareholder value and boosting market confidence.
- Insider Share Purchases: The executive leadership team has purchased approximately $1.3 million in shares between February 23 and 27, 2026, including about $750,000 by CEO Danny Yeung, demonstrating strong confidence in the company's future prospects.
- Significant Total Investment: Combined with $1.45 million in purchases made after the November 2025 earnings release, executives have invested approximately $2.75 million in Prenetics shares, reflecting a solid belief in the company's long-term value.
- Strong Stock Performance: Currently, Prenetics shares are trading at $16.23 on Nasdaq, up $1.16 or 7.33% from the previous day, indicating a positive market reaction to the company's repurchase announcement.
See More
Prenetics Announces $40M Share Buyback Plan Amid Undervaluation
- Share Buyback Initiated: Prenetics has announced a plan to repurchase up to $40 million in shares over the next 12 months, aimed at addressing the current undervaluation of its stock, reflecting the board's confidence in the company's underlying value.
- Valuation Assessment: Currently, Prenetics has an enterprise value of approximately $89 million, which is less than 0.5 times the revenue projected from its IM8 supplement brand for 2026, indicating a market underestimation of its future growth potential.
- Revenue Guidance Reaffirmed: In its Q4 2025 earnings report, Prenetics reaffirmed its revenue guidance for the IM8 brand at $180 million to $200 million for 2026, with plans to achieve $250 million to $300 million in annual recurring revenue by year-end, showcasing the company's optimistic outlook for future performance.
- Executive Stock Purchases: During the final week of February, Prenetics executives purchased nearly $1.3 million worth of company stock, including a $750,000 insider purchase by CEO Yeung, further indicating management's confidence in the company's prospects.
See More
Prenetics Executives Invest $2.75 Million in Stock Purchases
- Executive Stock Purchases: Prenetics' executive leadership team executed open market purchases of 76,060 shares during the trading window from February 23 to 27, 2026, totaling approximately $1.3 million, demonstrating confidence in the company's future growth.
- CEO Personal Investment: CEO Danny Yeung invested about $750,000 in this round, an increase from his previous investment of approximately $502,000 in November 2025, indicating his ongoing confidence in the performance of the IM8 business.
- Strong Financial Performance: The IM8 brand achieved over $100 million in annualized recurring revenue within just 11 months of launch, making it one of the fastest-growing brands in consumer health, which further strengthens the company's competitive position in the market.
- Strategic Implications: The continued investment by executives not only reflects their trust in the company's fundamentals but may also attract more investor attention to Prenetics, potentially driving the stock price upward and enhancing market confidence.
See More
Prenetics Launches New Clinical-Grade Nutritional Supplement
- Product Upgrade: Prenetics has launched Daily Ultimate Essentials PRO, featuring a 733% increase in Vitamin B12 and a 150% increase in Vitamin K2, significantly enhancing cellular energy and bone health, marking a major advancement in nutritional science.
- New Flavor Introduction: The new product introduces two flavors, Mango + Passionfruit and Lemon + Orange, catering to consumer demand for variety while maintaining the original price, thereby enhancing customer appeal.
- Automatic Customer Upgrade: Existing IM8 subscribers will be automatically upgraded to the PRO formula with their next delivery at no extra cost, a strategy that not only boosts customer satisfaction but also strengthens brand loyalty.
- Market Performance: The IM8 brand achieved over $100 million in annualized recurring revenue within just 11 months of launch, demonstrating strong growth potential in the global health market and further solidifying Prenetics' leadership in health sciences.
See More
U.S. Stocks Rise, Nasdaq Gains Over 1%
- Market Performance: U.S. stocks broadly rose on Wednesday, with the Nasdaq Composite gaining over 1% and the Dow up 0.57% to close at 49,814.98, indicating positive market sentiment and increased investor confidence.
- Sector Dynamics: Energy stocks rose by 1.6% on Wednesday, reflecting optimistic expectations for energy demand, while real estate stocks fell by 1.2% on Tuesday, highlighting challenges faced by the sector amid market uncertainties.
- Durable Goods Orders: U.S. durable goods orders fell by 1.4% month-over-month in December, contrasting sharply with a revised 5.4% gain in November, suggesting a potential slowdown in economic growth that could impact future consumer and investment decisions.
- Commodity Markets: Oil prices increased by 4.2% to $64.93 per barrel, gold rose by 2.3% to $5,020.40, and silver climbed 6.2% to $78.120, indicating a rising demand for commodities as investors seek safe-haven assets.
See More
