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BMNR

BEARISH
$22.14 Live
Bitmine Immersion Technologies, Inc. · AMEX
Target $36.0 (+62.6%)
$3.92 52W Range $161.0

At a glance

Key valuation, profitability, growth, and risk metrics.

Updated Apr 25, 2026
Market cap
$11.9B
P/E
N/A
ROE
-175.9%
Profit margin
N/A
Debt/Equity
0.0
Dividend yield
0.05%

AI Analysis

AI-powered fundamental assessment

Confidence
90%
BMNR exhibits severe fundamental weakness, highlighted by a critical Piotroski F-Score of 1/9, indicating deteriorating financial health. While revenue growth is explosive at 627.8%, it is decoupled from profitability, as evidenced by a catastrophic operating margin of -592.09% and an astronomical Price-to-Sales ratio of 712.25. The stock has experienced a massive technical collapse from a 52-week high of $161.00 to $22.14, suggesting a speculative bubble burst. Despite a strong current ratio and zero debt, the lack of earnings and poor deterministic scores make the current valuation unsustainable.

Key Strengths

Hyper-growth in revenue (627.8% YoY)
Zero debt (Debt/Equity: 0.00)
Extremely high liquidity (Current Ratio: 54.19)
Strong gross margins (66.59%)
Positive analyst target price ($36.00)

Key Risks

Severe operational inefficiency (Operating Margin: -592.09%)
Extreme valuation disconnect (P/S Ratio: 712.25)
Critical fundamental health (Piotroski F-Score: 1/9)
Extreme price volatility (52-week range $3.92 - $161.00)
Negative Return on Equity (-175.88%)
AI Fair Value Estimate
Based on comprehensive analysis
$20.0
-9.7% below current price

Performance Snowflake

Multi-dimensional analysis across 5 key categories

Overall
18
Weak
Value
5
Future
40
Past
20
Health
15
Dividend
10
AI Verdict
Speculative/High Risk
Key drivers: Piotroski F-Score 1/9, P/S Ratio 712.25, Operating Margin -592.09%, Technical Trend 0/100
Confidence
90%
Value
5/100

Ref P/E N/A, P/S 712.25, P/B 1.11

Positives
  • Price/Book ratio is relatively low at 1.11
Watchpoints
  • P/S ratio of 712.25 is extreme
  • No Graham Number available due to lack of earnings
Future
40/100

Ref Revenue Growth 627.8%

Positives
  • Massive YoY revenue growth (627.8%)
  • Forward P/E suggests expected future earnings
Watchpoints
  • Earnings misses in 3 of the last 4 quarters
  • Inability to scale revenue into profit
Past
20/100

Ref Technical Trend 0/100

Positives
  • Long term 5Y change is positive
Watchpoints
  • Technical trend is 0/100 (Bearish)
  • 6-month price decline of 56.1%
Health
15/100

Ref Piotroski F-Score 1/9

Positives
  • Zero debt
  • Very high current ratio
Watchpoints
  • Piotroski F-Score 1/9 indicates critical weakness
  • ROE of -175.88%
Dividend
10/100

Ref Yield 0.05%

Positives
  • Pays a nominal dividend
Watchpoints
  • Negligible yield (0.05%)
  • Dividend strength score 10/100

Stock Price & Analyst Targets

Real-time price movements and analyst price targets

Current Price
$22.14
Analyst Target
$36.0
Upside/Downside
+62.6%

Multi-Horizon Performance vs Peers

Price momentum across 5Y → 1W horizons for BMNR and closest competitors.

Updated 2026-04-24
BMN
Bitmine Immersion Technologies, Inc.
Primary
5Y
+185.8%
3Y
+185.8%
1Y
+185.8%
6M
-56.1%
1M
+4.2%
1W
-3.5%
ACG
Arch Capital Group Ltd.
Peer
5Y
+2.5%
3Y
+11.6%
1Y
+0.7%
6M
-5.5%
1M
-3.4%
1W
-1.5%
AIZ
Assurant, Inc.
Peer
5Y
+91.8%
3Y
+90.7%
1Y
+14.3%
6M
+26.2%
1M
-3.5%
1W
-0.3%
AEG
Aegon Ltd.
Peer
5Y
+139.0%
3Y
+64.7%
1Y
+22.4%
6M
+6.0%
1M
+0.4%
1W
+0.8%
ARC
Ares Capital Corporation
Peer
5Y
+51.1%
3Y
+32.8%
1Y
-6.4%
6M
-13.9%
1M
-7.8%
1W
-2.1%

Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.

Historical Performance Trends

Long-term financial metrics and growth patterns

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Historical data shows last 12 quarters (3 years)

Valuation Metrics

Key valuation ratios and pricing indicators

P/E Ratio
N/A
Forward P/E
23.55
PEG Ratio
N/A
P/B Ratio
1.11
P/S Ratio
712.25
EV/Revenue
659.7
EV/EBITDA
-36.9
Market Cap
$11.9B

Profitability

Profit margins and return metrics

Profit Margin N/A
Operating Margin -592.09%
Gross Margin 66.59%
ROE -175.88%
ROA -3.78%

Growth

Revenue and earnings growth rates

Revenue Growth +627.8%
Earnings Growth N/A
Q/Q Revenue Growth +627.82%
Q/Q Earnings Growth N/A

Financial Health

Balance sheet strength and liquidity metrics

Debt/Equity
0.0
Low debt
Current Ratio
54.19
Strong
Quick Ratio
53.85
Excellent
Cash/Share
$1.64

Financial Statement Flow

Interactive flow visualization showing how money moves through the company Q1 2026

Revenue
$0.0B
Gross Margin
87.1%
Op. Margin
-34979.5%
Net Margin
-34583.9%
Total Assets
$9.9B
Liabilities
$0.0B
Equity
$9.9B
Debt/Equity
0.00x
Operating CF
$-0.1B
Free Cash Flow
$-0.1B
FCF Yield
100%

Quarterly Earnings History

EPS performance vs analyst estimates

2026-07-02
$N/A
2026-04-14
$-0.08
-147.1% surprise
2026-01-13
$-0.19
-229.1% surprise
2025-11-21
$16.01
+16110.0% surprise

Financial Services Sector Comparison

Comparing BMNR against 648 companies in the Financial Services sector (117 bullish, 268 neutral, 263 bearish)
Return on Equity (ROE)
-175.88%
This Stock
vs
-1.01%
Sector Avg
+17330.8% (Excellent)
Debt to Equity
0.0
This Stock
vs
1.52
Sector Avg
-100.0% (Less Debt)
Revenue Growth
627.8%
This Stock
vs
40.3%
Sector Avg
+1457.9% (Fast Growth)
Current Ratio
54.19
This Stock
vs
3.62
Sector Avg
+1396.5% (Stronger)

Similar Companies

Peer comparison within the same industry

Recent Insider Trading

Insider buy and sell transactions from the last 6 months

LOVE LORI
Director
Stock Award
2026-04-23
4,374 shares
MALONEY MICHAEL STEPHEN
Director
Stock Award
2026-04-23
3,999 shares
EDGEWORTH JASON A
Director
Stock Award
2026-04-23
4,749 shares
HOWE OLIVIA
Director
Stock Award
2026-04-23
4,749 shares
SECHAN ROBERT J II
Director
Stock Award
2026-04-23
4,749 shares
LOVE LORI
Director
Buy
2026-04-20
701 shares · $15,446
SHARBUTT DAVID E
Director
Stock Award
2026-01-23
33,082 shares
LOVE LORI
Director
Stock Award
2026-01-23
13,582 shares
MALONEY MICHAEL STEPHEN
Director
Stock Award
2026-01-23
11,582 shares
EDGEWORTH JASON A
Director
Stock Award
2026-01-23
38,639 shares
LEE THOMAS JONG
Director
Stock Award
2026-01-23
500,000 shares
LEE THOMAS JONG
Director
Stock Award
2026-01-23
500,000 shares
HOWE OLIVIA
Director
Stock Award
2026-01-23
38,639 shares
SECHAN ROBERT J II
Director
Stock Award
2026-01-23
38,639 shares
MOW RAYMOND
Chief Financial Officer
Stock Award
2025-12-03
2,608 shares
Insider transactions can signal confidence or concerns about company prospects

SEC Filings

Recent regulatory filings from the SEC EDGAR database

8-K
8-K
2026-04-20

Banner Corporation filed an 8-K, likely to announce its first-quarter financial results for 2026.

8-K
8-K
2026-04-15

Banner Corporation filed an 8-K on April 15, 2026, likely to announce its first-quarter financial results.

10-Q
10-Q
2026-04-14

BMNR filed its quarterly 10-Q report on April 14, 2026. The provided excerpt indicates the inclusion of a Risk Factors section, although specific financial highlights and detailed risk descriptions were not available in the text.

8-K
8-K
2026-04-13

Banner Corporation likely reported its first quarter 2026 financial results.

8-K
8-K
2026-04-09

Banner Corporation likely reported its first quarter 2026 financial results.

8-K
8-K
2026-04-07

Banner Corporation filed an 8-K on April 7, 2026, likely to announce its first-quarter financial results.

8-K
8-K
2026-04-06

Banner Corporation likely reported its first quarter 2026 financial results.

8-K
8-K
2026-03-30

Banner Corporation filed an 8-K on March 30, 2026, likely to report its first-quarter financial results.

8-K
8-K
2026-03-30

Banner Corporation filed an 8-K on March 30, 2026, likely to report its first-quarter financial results.

8-K
8-K
2026-03-25
8-K
8-K
2026-03-23
8-K
8-K
2026-03-17
8-K
8-K
2026-03-16
8-K
8-K
2026-03-09
8-K
8-K
2026-03-02
Data sourced from SEC EDGAR. AI summaries generated automatically.

Wall Street Analysts

Professional analyst ratings and price targets

Consensus
STRONG_BUY
2 analysts
B. Riley Securities
2026-02-23
Maintains
Buy Buy
B. Riley Securities
2025-11-20
Maintains
Buy Buy

Past News Coverage

Recent headlines mentioning BMNR from our newsroom.

Newest → oldest
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