BitMine Immersion Technologies, Inc. (BMNR) Stock Forecast & Price Target
BitMine Immersion Technologies, Inc. · NYSE American
$24.67-0.15 (-0.60%)
15-min delayed · Aug 26, 12:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 2 firms covering BitMine Immersion Technologies, Inc, 2 rate it Buy or better, 0 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. Targets are tightly clustered, $25.00 to $30.30, so the covering firms are broadly aligned. The average target of $27.65 sits 12% above the current $24.67. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 1 to 2 over recent months. On the fundamentals, the Street sees revenue growth near 2443% this year and 191% next, consensus EPS building from about $0.10 next quarter toward $0.35 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS2 ratings
Strong Buy
Strong Buy00%
Buy2100%
Hold00%
Sell00%
Strong Sell00%
Based on 2 analysts giving stock ratings to BitMine Immersion Technologies, Inc.
As of Aug, 2 of 2 firms rate BMNR a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
BMNR EPS & revenue forecast
EPS · NEXT QUARTER
$0.10
Range $0.10 – $0.10 · 1 analysts
Next period, 1 analysts expect BitMine Immersion Technologies, Inc. to earn $0.10 a share (range $0.10 – $0.10), versus — a year earlier. Full-year consensus is $-21.88, growing to $0.35 the year after.
REVENUE · NEXT QUARTER
$90.0M
Range $84.6M – $95.4M · 1 analysts · +5629% YoY
Revenue is expected to reach $90.0M (range $84.6M – $95.4M), +5629.0% year-over-year. Full-year consensus is $125.2M, rising to $429.9M next year.
Top analysts covering BitMine Immersion Technologies, Inc.
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on BMNR.
#1
Brett Knoblauch
Cantor Fitzgerald · Rank #360
Buy
$39.00+58.1% to target
Overall win rate
34%
+ Follow
#2
FS
Fedor Shabalin
B. Riley Securities
Buy
$25.00+1.3% to target
Coverage
—
+ Follow
#3
GG
Gareth Gacetta
Cantor Fitzgerald
Buy
$30.30+22.8% to target
Coverage
—
+ Follow
#4
Ashok Kumar
ThinkEquity
Buy
$60.00+143.2% to target
Coverage
—
+ Follow
BMNR stock forecast FAQ
What is BMNR's average 12-month price target?+
The 2 analysts with a live target average $27.65 for BitMine Immersion Technologies, Inc. over the next 12 months, ranging from a $30.30 high to a $25.00 low.
Is BMNR stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 2 analyst ratings, 2 are Buy or Strong Buy, 0 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for BMNR?+
The Street-high target is $30.30 (Cantor Fitzgerald), and the Street-low is $25.00 (B. Riley Securities). The average of all 2 active targets is $27.65.
How many Wall Street analysts cover BMNR?+
2 analysts have an active rating on BitMine Immersion Technologies, Inc., and 2 firms carry a live 12-month price target.
Who is the most accurate analyst covering BMNR?+
Among analysts who currently cover BMNR, Brett Knoblauch of Cantor Fitzgerald has the strongest overall Quantellect track record (Rank #360). Their current call is Buy with a $39.00 target.
What is BitMine Immersion Technologies, Inc.'s projected EPS for next quarter?+
The consensus estimate is $0.10 per share (range $0.10 – $0.10) across 1 analysts. Full-year EPS is projected at $-21.88, rising to $0.35 the following year.
How much revenue is BitMine Immersion Technologies, Inc. expected to report next quarter?+
Consensus revenue is $90.0M (range $84.6M – $95.4M). Full-year revenue is projected at $125.2M, growing to $429.9M next year.
Have analysts been upgrading or downgrading BMNR lately?+
As of Aug, 2 of 2 firms rate BMNR a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their BMNR calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
