Risk factor
Very high price volatility
Profitability factor
Very favourable analyst view
About
Bitmine Immersion Technologies, Inc. operates as a blockchain technology company primarily in the United States. The company engages in hosting third-party equipment used in mining of digital asset coins and tokens, primarily Bitcoin, as well as the self-mining for its own account. It also sells mining equipment to customers and related parties. In addition, the...
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Specifically, the stock is 'expensive' on P/E.
Target Price
The average target price of BMNR is 34 and suggests 59% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increase
