RankAlpha logo
Back to Rankings

ICG

Intchains GroupC
Nasdaq / Semiconductors & Semiconductor Equipment
Last Price
Quote time unavailable
View Chart
Current thesis
The company is trying to build a hybrid model around altcoin mining hardware, ETH treasury management, and staking services. If H2 2026 product launches land and staking yields scale, the business mix could produce more recurring returns than hardware alone.
Posture
Mixed
Lead driver
Sentiment
What changed
Sentiment remains the lead driver in the composite.
What can break
ETH price and liquidity volatility can swing treasury fair value and staking economics.
Momentum
51
Value
55
Sentiment
53
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $0.92 · Bull $1.75 · Bear $0.38Analysis 2026-05-29; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-08-17 • Vendor: Data Vendor v1
Scores
As of 2026-09-10 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-29 • Model: RankAlpha Sentiment Codex
Investment thesis
As of 2026-09-10

Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-09-10. Definitions

Supporting evidence
What
Grade C · Mixed
Confidence Medium · Net Neutral
Target $2.00
Why
Momentum51 · Δ7d -
Value55 · Δ7d 0.0
Sentiment53 · Δ7d -
So what
Balanced signals (Net Neutral). Wait for confirmation before sizing up.

Confirming evidence

  • • Sentiment remains the lead driver in the composite.

Contradictions & invalidation

  • • ETH price and liquidity volatility can swing treasury fair value and staking economics.
  • • FY 2025 revenue declined and Q4 2025 posted a large net loss; crypto fair-value swings remain a major earnings driver.
  • • FY 2025 showed lower revenue, a large Q4 operating loss, and a big crypto fair-value loss.

Catalyst clock

2026-08-31

First semi-annual H1 2026 report in August will reset the disclosure cadence

Lead driver: Sentiment · See AI snapshot
Momentum
51
9% active weight
Current posture
7d trendTrend unavailable
Trend unavailable
Δ7d
-
Δ21d
-
Value
55
28% active weight
Current posture
7d trendFlat
Δ7d
0.0
Δ21d
-0.1
Sentiment
53
62% active weight
Current posture
7d trendTrend unavailable
Trend unavailable
Δ7d
-
Δ21d
-
Why this grade

Composite grade C. Momentum 51.3 / Value 55.3 / Sentiment 53.0

Scenario snapshot

Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-05-29. Scenario method

B+
Bull case
20%
Probability
Target price
$1.75
Analysis reference price unavailable
Analysis 2026-05-29 · RankAlpha Sentiment Codex
Most likely
B
Base case
55%
Probability
Target price
$0.92
Analysis reference price unavailable
Analysis 2026-05-29 · RankAlpha Sentiment Codex
B-
Bear case
25%
Probability
Target price
$0.38
Analysis reference price unavailable
Analysis 2026-05-29 · RankAlpha Sentiment Codex
Fundamentals (TTM)
As of 2026-08-17
Market Cap
$54.52M
Beta
-
Shares Out
28.72M
P/E (TTM)
8.3
P/S (TTM)
4.45
P/FCF (TTM)
-
Rev YoY
-50.6%
EPS YoY
-1126.0%
Gross Margin
+6.4%
Op Margin
-48.4%
Net Debt
-$69.85M
Current Ratio
14.10
As of 2026-09-10 • Updated nightlySource: Internal modelMethods & Data