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BitMine Immersion Technologies (BMNR): analyst forecast and price target

$21.66 −7.28% close 16.10.26 · market cap $16.2B · Financial · Financial - Capital Markets
Price targets and ratings of

Analyst consensus

Moderate Buy

2 Buy0 Hold0 Sell

Ratings of 2 analysts in the last 3 months · top analysts only

12-month forecast

$48.80+125.3% upside

Based on 2 price targets given in the last 3 months, the average target is $48.80, the highest $63.60, the lowest $34.00. The average is +125.3% from the last price of $21.66.

$20.00$40.00$60.00Jan 26AprJulOctJan 27AprJulOctHigh$63.60Average$48.80Low$34.00
Highest target $63.60 Average target $48.80 Lowest target $34.00
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Nathan Frankovitz Cantor Fitzgerald $63.60 Buy +193.6% Reiterated 06.10.26on TipRanks Oct 7 04:10 −2.8%next day −5.6% · 5 days −10.2%
Fedor Shabalin★★★★★★★★★★#12214 · hits 12% · avg −29.9% B. Riley Securities $30.00 → $34.00+13.3% Buy +57.0% Reiterated 22.09.26on TipRanks 09:00 +1.8%next day −3.8% · 5 days −5.9%

The latest rating of each analyst in the last 12 months, as TipRanks lists them. Every rating kept, earlier ones included

Best analysts covering BitMine Immersion Technologies

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Fedor Shabalin★★★★★★★★★★B. Riley Securities · #12214
Hits 12%4 of 34 Average return −29.9%
1 year Fedor Shabalin★★★★★★★★★★B. Riley Securities · #12214
Hits 12%4 of 34 Average return −29.9%
2 years Fedor Shabalin★★★★★★★★★★B. Riley Securities · #12214
Hits 12%4 of 34 Average return −29.9%

Most profitable

3 months Fedor Shabalin★★★★★★★★★★B. Riley Securities · #12214
Hits 12%4 of 34 Average return −29.9%
1 year Fedor Shabalin★★★★★★★★★★B. Riley Securities · #12214
Hits 12%4 of 34 Average return −29.9%
2 years Fedor Shabalin★★★★★★★★★★B. Riley Securities · #12214
Hits 12%4 of 34 Average return −29.9%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 07.10.26: target $48.80 at a price of $26.20 (+86.3%); now: $48.80 at $21.66 (+125.3%).

$30.00$40.00$50.00Sep 15Oct 1Oct 15Top analysts$48.80Average target$48.80Price$21.66

PriceAverage targetTop analysts’ target

Recommendation trend · top analysts

00112Oct 25NovDec1Jan 261Feb1MarAprMayJunJulAug1Sep2Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy000012
Buy000000
Hold000000
Sell000000

Best top-analyst consensus in the sector · Financial

BETRBetter Home & FinanceStrong Buy
ENVAEnova InternationalStrong Buy
PLMRPalomar Holdings
SPGIS&P Global
SEICSEI Investments Company
About BitMine Immersion Technologies
  • CEO: Chi Tsang
  • Employees: 3
  • 10845 Griffith Peak Drive, Las Vegas, NV, 89135, US
  • bitminetech.io

Bitmine Immersion Technologies, Inc. is a blockchain technology company primarily operating in the United States. The company's activities include managing an Ethereum (ETH) treasury, and offering a range of services for the Bitcoin (BTC) ecosystem, such as consulting, advisory, and equipment leasing. It also assists in optimizing and securing third-party power and hosting solutions for its clients. A key part of its strategy involves disciplined Bitcoin (BTC) treasury management, alongside systematically reducing its proprietary self-mining operations and postponing the development of new operational sites. Beyond BTC, Bitmine provides broader digital asset ecosystem services, encompassing consulting, advisory, and diligent digital asset treasury management. Furthermore, the company sells mining hardware to its clients and affiliated entities. Established in 2019, Bitmine Immersion Technologies, Inc. is based in Las Vegas, Nevada, and was formerly known as Sandy Springs Holdings Inc.

Data from the stock’s TipRanks forecast page, read 275 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗