Intchains Group Q3 revenue drops
Intchains Group's Q3 2025 revenue declined due to market fluctuations, while net income rose significantly from cryptocurrency value gains. The company launched new XTM mining products and expects Q4 2025 revenue growth. Intchains plans to stake ETH holdings and launch a DOGE mining product in H1 2026. Analysts rate the shares as "buy," with a median price target of $5.00, 78.4% above the current price.
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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/Mis Actual Consensu
s s
Estimate
Q3 RMB 9.1
Revenue mln
Q3 Net RMB 74.4
Income 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: For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
