BitMine Immersion Technologies (BMNR) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $7.40
- Estimate
- $0.02
- Surprise
- +49233.3%
- Revenue (period 2026-08-31)
- $64.9M
- Score today
- 6.4/10
Revenue source: yfinance_provisional (provisional — SEC XBRL not yet filed for this period).
How the report landed
BitMine Immersion Technologies (BMNR) beat the $0.02 estimate with adjusted EPS of $7.40 — a large 49233.3% upside surprise.
Coverage in the report window
- Bitcoin, Ethereum, XRP Steady, but Dogecoin Dips: Analyst Bets a Repeat of BTC's Short Squeeze, Driving It Toward $90,00 — benzinga, 2026-11-11
- 10 Information Technology Stocks Whale Activity In Today’s Session — benzinga, 2026-11-11
- Bitmine Reports Over $6 Billion in Unrealized Losses on Ethereum Holdings — fiscal.ai, 2026-11-11
Where TrendMatrix's rating stands now
TrendMatrix currently rates BMNR Sell at 6.4/10; no pre/post engine snapshot brackets this report.
1 of the last 4 quarters beat the estimate; this quarter's +49233.3% surprise compares with a +12171.5% four-quarter average. Next scheduled report: 2027-01-12.
What supports the rating
- Sector modifier (Financial Services): +1.0
- Attractive valuation
What argues against it
- Concentration risk — Commodity: ETH
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.8)
- Consecutive earnings misses (3)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $19.24
- Price target
- $41.48
- Stop
- $17.89
- Upside to target
- +115.6%
- Reward-to-risk
- 7.8:1
Model outputs from TrendMatrix’s engine as of 2026-11-12 — shown for context, not personalized investment advice.
BMNR at TrendMatrix's latest read
For financials, the EPS print is only half the story: credit costs, reserve builds, and rate sensitivity decide how a quarter actually lands.
- Industry
- Capital Markets
- Market cap
- $11.61B
- P/E (fwd)
- 20.5
- 52-week range
- $12.80–$42.09
- Off 52-week high
- 54.3%
- RSI (14)
- 37
- Volume vs avg
- 1.00×
- Score today
- 6.4/10