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BitMine Immersion Technologies, (BMNR) Stock Analysis

Range Bound setup

SellModerate Confidence

Financial Services · Capital Markets

Sell if holding. Engine safety override at $20.93: Quality below floor (3.6 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 6.1/10 and A.R:R 3.6:1 is above the 1.5:1 BUY gate. Specifically: Below-average business quality; Negative price momentum; Below long-term trend.

BitMine Immersion Technologies is a U.S.-based digital asset company that pivoted in 2025 to acquire and manage ETH as its primary treasury reserve asset, funded through equity offerings and its ATM Program. The company also provides BTC mining, hosting, and advisory services on... Read more

$20.93+46.0% A.UpsideScore 6.1/10#10 of 40 Capital Markets
Stop $19.50Target $30.60(analyst − 15%)A.R:R 3.6:1
Analyst target$36.00+72.0%2 analysts
$30.60our TP
$20.93price
$36.00mean
$39

Sell if holding. Engine safety override at $20.93: Quality below floor (3.6 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 6.1/10 and A.R:R 3.6:1 is above the 1.5:1 BUY gate. Specifically: Below-average business quality; Negative price momentum; Below long-term trend. Chart setup: RSI 48 mid-range, Bollinger mid-band. Score 6.1/10, moderate confidence.

Passes 6/8 gates (favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, earnings proximity 63d clear, semi cycle peak clear). Fails on weak momentum and death cross (50MA < 200MA). Suitability: aggressive.

Thesis

Rewards
No bull case signals
Risks
Concentration risk — Commodity: ETH
Quality below floor (3.6 < 4.0)

Key Metrics

P/E (TTM)
P/E (Fwd)22.0
Mkt Cap$11.8B
EV/EBITDA-34.2
Profit Mgn0.0%
ROE-175.9%
Rev Growth627.8%
Beta1.43
Dividend0.05%
Rating analysts9

Quality Signals

Piotroski F6/9

Options Flow

P/C0.66bullish
IV82%elevated
Max Pain$10-52.2% vs spot

Concentration Risks(10-K Item 1A)

  • HIGHCommodityETH
    10-K Item 1A: 'Our revenues, gross margins, liquidity and ability to service obligations depend significantly on prevailing ETH prices and, less so, BTC prices.'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

2 floor-breakers·1 ceiling hit

Momentum below the gate floor. Component breakdown shows what dragged the score down.static

Volume
0.0
Obv
1.0
Macd
1.5
Ma Position
3.5
Rsi
4.5
Volume distribution (falling OBV)Below 200-MA, MA slope flat

Quality below the gate floor. Component breakdown shows what dragged the score down.static

Roa
0.0
Net Margin
0.0
Fcf Quality
0.0
Rule Of 40
3.0
Current Ratio
5.0
Moat
5.0
Piotroski F
6.7
Gross Margin
9.3
Cash-burning: FCF -913% of revenueNo competitive moatRule of 40: -285 (fail)
GatesMomentum 2.1<4.5Death cross (50MA < 200MA)A.R:R 3.6 ≥ 1.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 63d clearSEMI CYCLE PEAK CLEARRange BoundSuitability: Aggressive
RSI
48 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $18.30Resistance $24.11

Price Targets

$20
$31
A.Upside+46.2%
A.R:R3.6:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Quality below floor (3.6 < 4.0)
! Momentum score 2.1/10 — below 4.5 minimum
! Death cross — 50-day MA below 200-day MA

Earnings

B
M
M
M
1/4 beats
Next Earnings2026-07-02 (63d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is BMNR stock a buy right now?

Sell if holding. Engine safety override at $20.93: Quality below floor (3.6 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 6.1/10 and A.R:R 3.6:1 is above the 1.5:1 BUY gate. Specifically: Below-average business quality; Negative price momentum; Below long-term trend. Chart setup: RSI 48 mid-range, Bollinger mid-band. Prior stop was $19.50. Score 6.1/10, moderate confidence.

What is the BMNR stock price target?

Take-profit target: $30.60 (+46.0% upside). Prior stop was $19.50. Stop-loss: $19.50.

What are the risks of investing in BMNR?

Concentration risk — Commodity: ETH; Quality below floor (3.6 < 4.0).

Is BMNR overvalued or undervalued?

BitMine Immersion Technologies, trades at a P/E of N/A (forward 22.0). TrendMatrix value score: 8.0/10. Verdict: Sell.

What do analysts say about BMNR?

9 analysts cover BMNR with a consensus score of 4.1/5. Average price target: $36.

What does BitMine Immersion Technologies, do?BitMine Immersion Technologies is a U.S.-based digital asset company that pivoted in 2025 to acquire and manage ETH as...

BitMine Immersion Technologies is a U.S.-based digital asset company that pivoted in 2025 to acquire and manage ETH as its primary treasury reserve asset, funded through equity offerings and its ATM Program. The company also provides BTC mining, hosting, and advisory services on an asset-light model. Results are driven primarily by ETH market conditions and the sustainability of equity premiums for capital raises.

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