Intchains Group Q3 revenue drops
Overview
Intchains Q3 2025 revenue declines due to market fluctuations
Net income for Q3 2025 rises significantly due to cryptocurrency value gains
Company launches new XTM mining products, expects Q4 2025 revenue growth
Outlook
Intchains expects new XTM mining products to drive Q4 2025 revenue growth
Company plans to stake majority of ETH holdings to maximize returns
Intchains anticipates new DOGE mining product launch in H1 2026
Result Drivers
MARKET FLUCTUATIONS - Revenue decline attributed to cyclical market fluctuations and reduced demand for mining products
CRYPTOCURRENCY VALUE GAINS - Net income increase driven by gains in fair value of cryptocurrencies, notably Ethereum
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue |
| RMB 9.1 mln |
|
Q3 Net Income |
| RMB 74.4 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the blockchain & cryptocurrency peer group is "buy"
Wall Street's median 12-month price target for Intchains Group Ltd is $5.00, about 78.4% above its November 12 closing price of $1.08
Press Release: ID:nGNXblHJS9
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