Intchains Group (ICG) to Release Quarterly Earnings on Thursday

Intchains Group (NASDAQ:ICG) is expected to be announcing its Q1 2025 earnings results before the market opens on Thursday, May 15th. Analysts expect Intchains Group to post earnings of $0.07 per share and revenue of $125.65 million for the quarter.

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

Intchains Group Stock Performance

Intchains Group stock opened at $2.61 on Tuesday. Intchains Group has a fifty-two week low of $1.40 and a fifty-two week high of $12.04. The firm’s 50-day simple moving average is $2.57 and its 200 day simple moving average is $3.80. The stock has a market cap of $156.55 million, a PE ratio of 23.73 and a beta of 1.91.

Analyst Upgrades and Downgrades

Separately, Maxim Group began coverage on Intchains Group in a report on Monday, April 7th. They issued a “buy” rating and a $8.00 target price for the company.

About Intchains Group

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.