Intchains Group (ICG) to Release Earnings on Thursday

Intchains Group (NASDAQ:ICGGet Free Report) will likely be releasing its Q1 2025 earnings data after the market closes on Thursday, May 22nd. Analysts expect Intchains Group to post earnings of $0.07 per share and revenue of $125.65 million for the quarter.

Intchains Group (NASDAQ:ICGGet Free Report) last posted its earnings results on Thursday, February 27th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.02). The firm had revenue of $10.16 million during the quarter, compared to the consensus estimate of $14.88 million. Intchains Group had a return on equity of 4.77% and a net margin of 19.08%.

Intchains Group Stock Down 3.3%

Shares of NASDAQ ICG opened at $2.36 on Wednesday. Intchains Group has a 12-month low of $1.40 and a 12-month high of $12.04. The firm’s 50-day simple moving average is $2.43 and its 200 day simple moving average is $3.73. The company has a market cap of $141.56 million, a price-to-earnings ratio of 21.46 and a beta of 1.91.

Analyst Ratings Changes

Separately, Maxim Group began coverage on shares of Intchains Group in a report on Monday, April 7th. They set a “buy” rating and a $8.00 target price on the stock.

Check Out Our Latest Research Report on Intchains Group

Hedge Funds Weigh In On Intchains Group

A hedge fund recently bought a new stake in Intchains Group stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in Intchains Group Limited (NASDAQ:ICGFree Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 52,369 shares of the company’s stock, valued at approximately $142,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 0.09% of Intchains Group at the end of the most recent quarter.

Intchains Group Company Profile

(Get Free Report)

Intchains Group Limited designs and sells application-specific integrated circuit chips for blockchain applications in the People's Republic of China. The company also offers ancillary software, hardware, and other products. It serves distributors. Intchains Group Limited was founded in 2017 and is based in Pudong, China.

See Also

Earnings History for Intchains Group (NASDAQ:ICG)

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