CTW Cayman shares surge 12.94% premarket after Argus Research initiates coverage with $9 fair value, citing 22% user growth and rising overseas revenue.

CTW Cayman surged 12.94% in premarket trading following Argus Research's initiation of coverage, assigning a $9.00 fair value per share. The report highlighted the company's 22% active user growth to 261 million, a rise in overseas revenue to 30% of total, and its strong cash position of $12.2 million post-IPO. Argus cited CTW's leadership in browser-based Japanese anime games, strategic IP partnerships, and AI-driven monetization as key positives, aligning with the stock's sharp upward move. A concurrent new roguelike RPG launch on its G123 platform further reinforced growth momentum, though the primary catalyst was the analyst firm's endorsement of CTW's scalable business model and international expansion potential.