Overview

* Intchains Q3 2025 revenue declines due to market fluctuations

* Net income for Q3 2025 rises significantly due to cryptocurrency value gains

* Company launches new XTM mining products, expects Q4 2025 revenue growth

Outlook

* Intchains expects new XTM mining products to drive Q4 2025 revenue growth

* Company plans to stake majority of ETH holdings to maximize returns

* Intchains anticipates new DOGE mining product launch in H1 2026

Result Drivers

* MARKET FLUCTUATIONS - Revenue decline attributed to cyclical market fluctuations and reduced demand for mining products

* CRYPTOCURRENCY VALUE GAINS - Net income increase driven by gains in fair value of cryptocurrencies, notably Ethereum

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 RMB 9.1

Revenue mln

Q3 Net RMB 74.4

Income mln

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the blockchain & cryptocurrency peer group is "buy"

* Wall Street's median 12-month price target for Intchains Group Ltd ( ICG ) is $5.00, about 78.4% above its November 12 closing price of $1.08

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)