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As of September 9, 2026, BitMine Immersion Technologies, Inc. (BMNR) trades at $24.21. CleaRank Financial AI rates it Buy with a fair value of $30.60, 26.4% above the current price. Wall Street's consensus target is $30.60 across 3 analysts. RSI at 62 is in neutral territory, and the price is above its 50-day average of $18.89.
BitMine Immersion Technologies Inc. (BMNR)
BitMine Immersion Technologies Inc. NYSE
$24.21
-0.5600 (-2.26%)
At close: Sep 9, 4:00 PM EDT
AI Analyst Consensus
75 / 100
BitMine Immersion Technologies Inc. (BMNR) is trading at $24.21, showing bullish momentum above its 50-day and 200-day moving averages ($18.89 and $22.25). The company is experiencing exceptional revenue growth, with estimates projecting over 4000% year-over-year growth for the next quarter and 240% for the next year. This rapid expansion is supported by moderate insider buying, with $29.9 million in net purchases, indicating management confidence. The primary risk lies in its negative EPS, which results in a negative P/E ratio, suggesting the company is currently loss-making as it invests heavily in growth.
BMNR Price Analysis
Market Metrics
Open
$25.50
Day Range
$24.12 to $25.58
Prev Close
$24.77
Volume
27.97M
52-Week Range
$12.80 to $65.60
Market Cap
$14.60B
Peer Benchmarking
Valuation vs Sector (Financial Services)
Performance vs IAI
Sector Position Analysis
Trading at a notable discount to sector peers (-91%), which may indicate undervaluation or specific company headwinds.
BMNR Analysis
Company's Health
4/5
12-Month Analyst Target
+26.39% Upside
Median of 3 analysts (12-month)
$30.60
AI Technical Analysis
BitMine Immersion Technologies Inc. exhibits bullish momentum, trading above its 50-day and 200-day moving averages ($18.89 and $22.25), as well as its 20-day exponential moving average. The Relative Strength Index (RSI) is at 61.94, indicating bullish momentum without being overbought. The MACD is positive, further supporting the bullish trend. Volume has been below average recently, down 34.2% compared to its average, which warrants monitoring for sustained price action. Key support levels are near the 50-day SMA of $18.89, while resistance is implied by the analyst median target price of $30.60.
ProTips
- Monitor upcoming earnings reports closely for signs of improving EPS or continued revenue acceleration, as the company is currently loss-making.
- Given the bullish technical momentum, consider using the 50-day SMA ($18.89) as a potential support level for risk management.
- The company's substantial revenue growth projections warrant close attention to its competitive positioning and market capture strategy.
Key Catalysts
Bullish
Strong Insider Buying Activity
Insiders have made net purchases totaling $29.9 million, with no reported sales, indicating significant confidence in the company's future prospects.
Source: Insider Trading DataBullish
Exceptional Revenue Growth Projections
Analysts forecast revenue growth exceeding 4000% year-over-year for the next quarter and 240% for the next year, signaling substantial market penetration and demand.
Source: Wall Street EstimatesBullish
Positive Technical Momentum
The stock is trading above key moving averages (50-day SMA, 200-day SMA, 20-day EMA) with a bullish RSI and MACD, suggesting a favorable short-term trend.
Source: Technical AnalysisBearish
Recent EPS Miss and Stock Decline
The company reported a significant EPS miss in its latest quarter (-172.22% surprise), leading to a 3.07% drop in stock price, highlighting earnings volatility.
Source: Earnings ReportMarket Outlook
The 6-12 month outlook for BitMine Immersion Technologies Inc. is cautiously optimistic, driven by its exceptional revenue growth trajectory and positive insider sentiment. The median analyst target price of $30.60 suggests a potential upside of 26.4% from the current trading price. The company's ability to scale rapidly and capture market share in the capital markets sector is a key driver. However, the path to profitability remains a significant question mark, and sustained investment will be required, potentially impacting near-term earnings.
Key Statistics
| Market Cap | 14.60B |
|---|---|
| P/E Ratio | N/A (Negative EPS) |
| EPS (TTM) | -4.50 |
| Dividend Yield | 0.0400% |
| 52 Week High | 65.60 |
| 52 Week Low | 12.80 |
Valuation for BitMine Immersion Technologies Inc. is challenging due to negative EPS of -4.50, resulting in a negative P/E ratio. However, the company's revenue growth is extraordinary, projected at over 4000% year-over-year for the next quarter and 240% for the next year, significantly outpacing sector averages. This aggressive growth trajectory suggests a focus on market capture and expansion rather than immediate profitability. The balance sheet strength is not detailed, but the significant revenue expansion implies substantial investment. The current price of $24.21, while below the median analyst target of $30.60, reflects the high-growth, speculative nature of the investment.
Earnings & Growth Analysis
BitMine Immersion Technologies Inc. reported a significant EPS miss in its most recent quarter ending July 14, 2026, with actual EPS of -0.13 compared to an estimate of 0.18, a surprise of -172.22%. This resulted in a price drop of 3.07%. The prior quarter showed a slight beat on EPS estimates. The company's focus appears to be on aggressive revenue growth, as evidenced by the substantial year-over-year revenue growth projections, rather than near-term earnings per share profitability.
Key Risks
The primary risk for BitMine Immersion Technologies Inc. is its current lack of profitability, as indicated by its negative EPS and negative P/E ratio. While revenue growth is exceptional, the company's ability to convert this growth into sustainable profits remains unproven. Additionally, the stock's recent performance has been volatile, with a notable price drop following the latest earnings report. Competition within the capital markets sector is also a factor to consider, although specific peer data is not provided.
Technical Indicators
| RSI (14) | 61.94 |
|---|---|
| MACD | 1.79 |
| SMA 50 | 18.89 |
| SMA 200 | 22.25 |
RSI
Bullish
SMA Cross
Bearish
Price vs SMA
Bullish
MACD
Bullish
Moving averages show a lagging Death Cross (50-day: $18.89, 200-day: $22.25), price action is firmly bullish above key moving averages.
Market Correlations
How this stock moves relative to other assets
Based on 1 year of daily price data. Correlations may vary over different time periods.
S&P 500 (SPY)
+0.11
Weak correlation
Nasdaq 100 (QQQ)
+0.12
Weak correlation
Bitcoin (BTC)
+0.68
Moderate correlation
Gold (XAU)
+0.11
Weak correlation
Check Custom Correlation
Calculating correlation...
BMNR Trade Plans
Specific entry, exit, and risk management levels
Select Your Trade Bias
Risk Tolerance
Conservative
2%
Aggressive
Portfolio Value
$
Position Size: Enter portfolio size →
🟢 LONG ENTRY (click to switch)
CONSERVATIVE
$23.73
2% below current price (Pullback entry)
Lower risk, wait for pullback
AGGRESSIVE
$24.21
Buy at current price
Higher risk, immediate entry
Risk Management
STOP LOSS
$21.57
MAX LOSS
-9.1%
Volatility-Adjusted Stop Loss
Calculated based on RSI (61.9) and current market volatility
Profit Targets (Based on Conservative Entry)
TARGET 1
$24.91
+5% (Conservative)
+2.9% (Aggressive)
TARGET 2
$26.10
+10% (Conservative)
+7.8% (Aggressive)
TARGET 3
$27.28
+15% (Conservative)
+12.7% (Aggressive)
Consider scaling out: Take 50% profit at Target 1, 30% at Target 2, let 20% run to Target 3
Calculate Your Trade
High-Volatility Risk Disclaimer
BMNR is classified as a high-volatility asset (Daily Vol: 5.11%). Aggressive price swings can lead to rapid capital loss. Liquidity risks may prevent exiting trades at desired prices. This AI-generated analysis is for educational purposes only and is not financial advice. Generated on September 9, 2026.Growth of $10,000
A $10,000 investment in BMNR in September 2016 would be worth about $7,552 today, compared with about $35,913 for the same investment in the S&P 500 benchmark.
Compare with Another Ticker
Monte Carlo Projection (10yr)
CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in BMNR today could grow to about $11,639 by 2036 in the base case, with a bull case near $88,299 and a bear case around $1,534. Projections are statistical simulations, not guarantees.
BMNR Stock Price Prediction: 2030
CleaRank's simulation projects a price near $25.73 for BMNR by 2030 in the base case, from $24.21 today (1.1x over 4 years). The downside path ends near $7.14. These are outcomes of a Monte Carlo simulation run on BMNR's historical return distribution, not price targets, and they assume no dividends are reinvested.
| Year | Downside (10th pct) | Base case | Upside (90th pct) |
|---|---|---|---|
| 2027 | $12.95 | $24.58 | $46.65 |
| 2028 | $10.08 | $24.96 | $61.77 |
| 2029 | $8.35 | $25.34 | $76.88 |
| 2030 | $7.14 | $25.73 | $92.67 |
| 2031 | $6.23 | $26.12 | $109 |
| 2032 | $5.52 | $26.52 | $127 |
| 2033 | $4.94 | $26.92 | $147 |
| 2034 | $4.46 | $27.34 | $167 |
| 2035 | $4.06 | $27.75 | $190 |
| 2036 | $3.71 | $28.18 | $214 |
Method: 10,000 simulated price paths using BMNR's historical volatility and drift, re-run daily. The base case is the median path; the two outer columns are the 10th and 90th percentile outcomes, which widen with time because uncertainty compounds. Simulations are not guarantees, and past volatility does not predict future returns. This is analysis, not investment advice.
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BMNR Insider Trading Analysis
Bought
$29.9M
3 Transactions
Sold
None
No open-market sells
Insiders
12
Active Traders
Avg Transaction
$10.0M
Large trades
| Date | Insider | Type | Shares | Value |
|---|---|---|---|---|
| Jul 23, 2026 | EDGEWORTH JASON A
Director
|
Grant | 4.7K | - |
| Jul 23, 2026 | HOWE OLIVIA
Director
|
Grant | 4.7K | - |
| Jul 23, 2026 | LOVE LORI
Director
|
Grant | 4.4K | - |
| Jul 23, 2026 | MALONEY MICHAEL STEPHEN
Director
|
Grant | 4.0K | - |
| Jul 23, 2026 | SECHAN ROBERT J II
Director
|
Grant | 4.7K | - |
| Apr 23, 2026 | EDGEWORTH JASON A
Director
|
Grant | 4.7K | - |
| Apr 23, 2026 | HOWE OLIVIA
Director
|
Grant | 4.7K | - |
| Apr 23, 2026 | LOVE LORI
Director
|
Grant | 4.4K | - |
| Apr 23, 2026 | MALONEY MICHAEL STEPHEN
Director
|
Grant | 4.0K | - |
| Apr 23, 2026 | SECHAN ROBERT J II
Director
|
Grant | 4.7K | - |
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Frequently Asked Questions
What is BitMine Immersion Technologies Inc.'s consensus rating and score?
BitMine Immersion Technologies Inc. currently holds a consensus rating of 'Buy' with a consensus score of 75 out of 100, indicating a generally positive outlook from analysts.
What is the median analyst price target for BitMine Immersion Technologies Inc. stock?
The median analyst price target for BitMine Immersion Technologies Inc. is $30.60, suggesting an upside potential of 26.4% from the current price of $24.21.
How is BitMine Immersion Technologies Inc. performing technically?
Technically, BitMine Immersion Technologies Inc. is showing bullish momentum, trading above key moving averages with a neutral-to-bullish RSI and MACD, indicating a positive short-term trend.
What is the revenue growth outlook for BitMine Immersion Technologies Inc.?
The revenue growth outlook for BitMine Immersion Technologies Inc. is exceptionally strong, with projections of over 4000% year-over-year for the next quarter and 240% for the next year.
Are insiders buying or selling BitMine Immersion Technologies Inc. stock?
Insiders are net buyers of BitMine Immersion Technologies Inc. stock, with approximately $29.9 million in net purchases and no reported sales, signaling confidence in the company's future prospects.
What are the main risks associated with investing in BitMine Immersion Technologies Inc.?
The primary risks include the company's current unprofitability, indicated by negative EPS, and the potential for volatility following earnings reports, as seen in the recent price reaction.
What is BitMine Immersion Technologies Inc.'s long-term outlook based on Monte Carlo simulations?
Based on Monte Carlo simulations, BitMine Immersion Technologies Inc.'s long-range projection for 2030 shows a base price of $25.73, with a downside price of $7.14 and an upside price of $92.67. These are simulation outcomes, not guarantees.