Intchains Group (ICG) Stock Overview
Engages in the provision of altcoin mining products in the People’s Republic of China. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
ICG Community Fair Values
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Analyst Price Targets
Intchains Group Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$1.06 |
| 52 Week High | US$3.25 |
| 52 Week Low | US$0.93 |
| Beta | 1.34 |
| 1 Month Change | -36.90% |
| 3 Month Change | -28.86% |
| 1 Year Change | -55.08% |
| 3 Year Change | -88.22% |
| 5 Year Change | n/a |
| Change since IPO | -86.75% |
Recent News & Updates
Narrative Update • May 02
ICG: Modest Margin Uplift And Lower Risk Will Support Further Upside
Analysts have modestly adjusted their price target for Intchains Group, with the updated valuation framework reflecting a $3.00 fair value. This incorporates a slightly lower discount rate and a small uplift in projected profit margin, while keeping revenue expectations and future P/E assumptions broadly in line with prior views.Narrative Update • Apr 17
ICG: Fine Tuning Of Assumptions Will Support Further Upside
Analysts have made a small adjustment to their price target on Intchains Group, reflecting slightly updated assumptions for fair value, discount rate, profit margin, and future P/E. This should be viewed as a fine tuning of expectations rather than a major shift in sentiment.Narrative Update • Apr 03
ICG: Stronger Margins And Governance Updates Will Support Further Upside
Analysts have made a small downward adjustment to their price target for Intchains Group, citing slightly updated assumptions around fair value, discount rate, revenue trends, profit margin, and future P/E as the basis for the change. What's in the News Reported impairment loss on long lived assets in the fourth quarter ended December 31, 2025, totaling RMB 74,000 and RMB 210,000 across affected assets (Key Developments).Narrative Update • Mar 19
ICG: Higher Margins And Future P/E Will Support Further Upside
Analysts have trimmed their price target on Intchains Group from $3.50 to $3.00, citing updated assumptions around revenue growth, profit margins at 16.21%, and a revised future P/E of about 49.43x as key drivers of the change. What's in the News Intchains Group Limited reported impairment losses of long lived assets of RMB 74,000 and RMB 210,000 for the fourth quarter ended December 31, 2025 (Key Developments).Recent updates
Narrative Update • May 02
ICG: Modest Margin Uplift And Lower Risk Will Support Further Upside
Analysts have modestly adjusted their price target for Intchains Group, with the updated valuation framework reflecting a $3.00 fair value. This incorporates a slightly lower discount rate and a small uplift in projected profit margin, while keeping revenue expectations and future P/E assumptions broadly in line with prior views.Narrative Update • Apr 17
ICG: Fine Tuning Of Assumptions Will Support Further Upside
Analysts have made a small adjustment to their price target on Intchains Group, reflecting slightly updated assumptions for fair value, discount rate, profit margin, and future P/E. This should be viewed as a fine tuning of expectations rather than a major shift in sentiment.Narrative Update • Apr 03
ICG: Stronger Margins And Governance Updates Will Support Further Upside
Analysts have made a small downward adjustment to their price target for Intchains Group, citing slightly updated assumptions around fair value, discount rate, revenue trends, profit margin, and future P/E as the basis for the change. What's in the News Reported impairment loss on long lived assets in the fourth quarter ended December 31, 2025, totaling RMB 74,000 and RMB 210,000 across affected assets (Key Developments).Narrative Update • Mar 19
ICG: Higher Margins And Future P/E Will Support Further Upside
Analysts have trimmed their price target on Intchains Group from $3.50 to $3.00, citing updated assumptions around revenue growth, profit margins at 16.21%, and a revised future P/E of about 49.43x as key drivers of the change. What's in the News Intchains Group Limited reported impairment losses of long lived assets of RMB 74,000 and RMB 210,000 for the fourth quarter ended December 31, 2025 (Key Developments).
Narrative Update • Mar 05
ICG: Governance Focus And Asset Review Will Support Future Profit Recovery Potential
Analysts have cut their price target on Intchains Group to $3.00 from $3.00. This change reflects updated assumptions that include a higher discount rate, a shift from prior revenue growth expectations to a 3% decline, a profit margin estimate of 16.04%, and a much lower assumed future P/E multiple.Narrative Update • Feb 19
ICG: Future Governance Review Will Support Confidence In Profit Recovery Potential
Analysts have slightly adjusted their price target on Intchains Group to reflect updated assumptions around revenue growth at 34.35%, profit margins at 15.93%, and a future P/E of about 1,749.90, while keeping fair value steady at $3.00 and making only a minor change to the discount rate at 11.45%. What's in the News Board meeting scheduled for Jan 05, 2026, to review the articles of association and relevant corporate governance standards, which could shape how the company is overseen and how decisions are made at the top level (Key Developments).
Narrative Update • Feb 05
ICG: Higher Revenue Outlook Will Offset Slim Margins And Support Upside
Narrative Update on Intchains Group Analysts have kept their price target for Intchains Group broadly unchanged at around $4.00, reflecting a balance between slightly higher modeled revenue growth of about 60% and a marginally lower profit margin, alongside a similar future P/E assumption. What's in the News Intchains Group Limited has scheduled a board meeting on Jan 05, 2026, to review its articles of association and relevant corporate governance standards (Key Developments).Narrative Update • Jan 21
ICG: Higher Revenue Outlook Will Offset Slim Margins And Support Upside
Analysts have revised their fair value estimate for Intchains Group from US$6.00 to US$4.00, citing updated assumptions that combine a higher discount rate, a very large future P/E multiple, a sharply lower profit margin outlook, and stronger modeled revenue growth. What's in the News Intchains Group has scheduled a board meeting for Jan 05, 2026 to review its articles of association and corporate governance standards (Key Developments).Narrative Update • Jan 07
ICG: Stable Margins And Elevated Future P/E Will Support Long-Term Upside
Analysts have modestly adjusted their price target on Intchains Group, citing a slightly higher discount rate of 11.52%, a small change in expected revenue growth to 41.04% and a marginally higher projected profit margin of 25.55%, alongside a very large future P/E of about 1,132x. Valuation Changes Fair Value: The fair value rating remains unchanged at 3.5, indicating no adjustment to the overall valuation score based on the latest inputs.Analysis Article • Dec 24
Intchains Group Limited's (NASDAQ:ICG) Share Price Boosted 32% But Its Business Prospects Need A Lift Too
Intchains Group Limited ( NASDAQ:ICG ) shareholders would be excited to see that the share price has had a great month...Narrative Update • Dec 19
ICG: Future Profit Recovery Expected To Unlock Attractive Upside Potential
Analysts have reduced their price target on Intchains Group, citing a reassessment of fair value to approximately 3 dollars from 4 dollars as weaker projected revenue growth and a sharp deterioration in expected profit margins offset the company’s longer term potential. Valuation Changes The fair value estimate has been reduced from 4.0 dollars to 3.0 dollars, reflecting a moderate downward revision in the intrinsic value assessment.Narrative Update • Dec 05
ICG: Stable Margins Will Support Long-Term Upside Despite Slightly Lower Returns
Analysts have modestly trimmed their price target on Intchains Group from 3.50 dollars to 3.45 dollars, citing slightly lower required returns, while expectations for revenue growth, profitability, and long term valuation multiples remain broadly unchanged. Valuation Changes Fair Value: Unchanged at 3.50 dollars per share, indicating a stable fundamental valuation despite the minor price target reduction.Narrative Update • Nov 21
ICG: Revenue Surge Will Drive Long-Term Upside Despite Margin Pressure
Analysts have lowered their price target for Intchains Group from $5 to $3.50. They cited a significant decline in projected profit margins and future earnings multiples, even though revenue growth is expected to be higher.Analysis Article • Nov 20
Intchains Group Limited (NASDAQ:ICG) Analysts Are Reducing Their Forecasts For Next Year
Market forces rained on the parade of Intchains Group Limited ( NASDAQ:ICG ) shareholders today, when the analysts...Analysis Article • Oct 30
Some Confidence Is Lacking In Intchains Group Limited (NASDAQ:ICG) As Shares Slide 31%
To the annoyance of some shareholders, Intchains Group Limited ( NASDAQ:ICG ) shares are down a considerable 31% in the...Analysis Article • Aug 20
Little Excitement Around Intchains Group Limited's (NASDAQ:ICG) Earnings As Shares Take 30% Pounding
Intchains Group Limited ( NASDAQ:ICG ) shareholders won't be pleased to see that the share price has had a very rough...Narrative Update • Aug 20
Aleo Mining And Dogecoin Machines Will Expand Crypto Reach
The sharp reduction in Intchains Group’s Analyst Price Target from $13.04 to $5.00 reflects a substantial deterioration in its fundamentals, particularly a marked decline in both its future P/E multiple and net profit margin. What's in the News Intchains Group is collaborating with FalconX to optimize ETH acquisition and enhance returns on ETH holdings.Analysis Article • Aug 14
What Is Intchains Group Limited's (NASDAQ:ICG) Share Price Doing?
NasdaqCM:ICG 1 Year Share Price vs Fair Value Explore Intchains Group's Fair Values from the Community and select yours...Analysis Article • May 09
Intchains Group Limited's (NASDAQ:ICG) Shares Leap 33% Yet They're Still Not Telling The Full Story
Those holding Intchains Group Limited ( NASDAQ:ICG ) shares would be relieved that the share price has rebounded 33% in...Analysis Article • May 07
Intchains Group's (NASDAQ:ICG) Performance Raises Some Questions
We didn't see Intchains Group Limited's ( NASDAQ:ICG ) stock surge when it reported robust earnings recently. We...Analysis Article • Apr 28
Is There Now An Opportunity In Intchains Group Limited (NASDAQ:ICG)?
Intchains Group Limited ( NASDAQ:ICG ), is not the largest company out there, but it saw a significant share price rise...
New Narrative • Apr 13
Aleo Mining And Dogecoin Machines Will Expand Crypto Reach
New product launches, like Aleo mining and hardware wallets, are set to drive revenue growth and expand market share.Analysis Article • Jan 19
What You Can Learn From Intchains Group Limited's (NASDAQ:ICG) P/S After Its 51% Share Price Crash
Intchains Group Limited ( NASDAQ:ICG ) shares have retraced a considerable 51% in the last month, reversing a fair...Analysis Article • Dec 30
Returns On Capital Signal Tricky Times Ahead For Intchains Group (NASDAQ:ICG)
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Analysis Article • Dec 03
Intchains Group Limited's (NASDAQ:ICG) 26% Jump Shows Its Popularity With Investors
Those holding Intchains Group Limited ( NASDAQ:ICG ) shares would be relieved that the share price has rebounded 26% in...Analysis Article • Aug 20
Intchains Group Limited's (NASDAQ:ICG) Stock Retreats 27% But Revenues Haven't Escaped The Attention Of Investors
Intchains Group Limited ( NASDAQ:ICG ) shareholders that were waiting for something to happen have been dealt a blow...Analysis Article • Jan 27
Intchains Group Limited's (NASDAQ:ICG) 30% Share Price Plunge Could Signal Some Risk
Intchains Group Limited ( NASDAQ:ICG ) shares have retraced a considerable 30% in the last month, reversing a fair...Analysis Article • Dec 15
Calculating The Intrinsic Value Of Intchains Group Limited (NASDAQ:ICG)
Key Insights Intchains Group's estimated fair value is US$11.16 based on 2 Stage Free Cash Flow to Equity Current share...Shareholder Returns
| ICG | US Semiconductor | US Market | |
|---|---|---|---|
| 7D | -15.9% | -2.4% | -1.0% |
| 1Y | -55.1% | 96.9% | 23.3% |
Return vs Industry: ICG underperformed the US Semiconductor industry which returned 98.5% over the past year.
Return vs Market: ICG underperformed the US Market which returned 24.4% over the past year.
Price Volatility
| ICG volatility | |
|---|---|
| ICG Average Weekly Movement | 12.5% |
| Semiconductor Industry Average Movement | 10.8% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.2% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: ICG's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: ICG's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2017 | 127 | Qiang Ding | intchains.com |
Intchains Group Limited engages in the provision of altcoin mining products in the People’s Republic of China. The company focuses on designing and sales of application-specific integrated circuit chips for blockchain applications. It also provides Xihe Platform, which integrates self-developed blockchain proof-of-work algorithms and related cryptographic algorithms, as well as systematic data analysis process.
Intchains Group Limited Fundamentals Summary
| ICG fundamental statistics | |
|---|---|
| Market cap | US$66.18m |
| Earnings (TTM) | -US$6.98m |
| Revenue (TTM) | US$32.41m |
2.0x
P/S Ratio-9.2x
P/E RatioIs ICG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ICG income statement (TTM) | |
|---|---|
| Revenue | CN¥220.86m |
| Cost of Revenue | CN¥204.90m |
| Gross Profit | CN¥15.96m |
| Other Expenses | CN¥63.49m |
| Earnings | -CN¥47.53m |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.78 |
| Gross Margin | 7.23% |
| Net Profit Margin | -21.52% |
| Debt/Equity Ratio | 0% |
How did ICG perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/19 18:41 |
| End of Day Share Price | 2026/05/19 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Intchains Group Limited is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mark Palmer | Benchmark Company |
| Matthew Galinko | Maxim Group |