Is BMNR a good stock to buy right now?

Based on our 6-factor quantitative model, BITMINE IMMERSION TECHNOLOGIES, INC. (BMNR) receives a "Reduce" rating with a composite score of 32.5/100. It is ranked #3,197 out of 4,446 stocks. Key factor scores: Quality 42/100, Value 13/100, Momentum 49/100. The timing signal is "Neutral". This is quantitative analysis only — not investment advice.

What is the stock rating for BMNR?

BITMINE IMMERSION TECHNOLOGIES, INC. (BMNR) has a "Reduce" rating and 2-star score. The composite score of 32.5 ranks it #3,197 among 4,446 U.S. stocks. Ratings are updated weekly using academically-proven factor models.

What sector is BMNR in?

BITMINE IMMERSION TECHNOLOGIES, INC. operates in the Financials sector (Banking industry) with a market cap of $8.97 billion. It is classified as a mid-cap stock.

Does BMNR pay a dividend?

BMNR does not currently pay a regular dividend. The company may be reinvesting profits for growth.

What is BMNR's P/E ratio?

P/E ratio data is not currently available for BMNR, which may indicate the company is not yet profitable.

How profitable is BMNR?

BMNR's quality factor score is 42/100. Gross margin: 33.1%. ROE: -92.5% vs sector average 8.5%. Margins are moderate to low, reflecting competitive market dynamics.

How is BMNR valued compared to peers?

BMNR's value factor score is 13/100 (higher = cheaper). Key multiples: . Trading at a premium relative to peers.

What is BMNR's debt level?

BMNR's debt-to-equity ratio is 2%. Sector average: 121%. Low leverage suggests conservative financial management.

BMNR has a beta of 6.69, meaning it amplifies market moves. Stability score: 6/100.

Does BMNR have high short interest?

BMNR's short interest factor score is 16/100 (higher = less short selling). Elevated short interest may indicate bearish sentiment or short squeeze potential.

BMNR Stock Analysis: Top Mid-Cap Reduce (Score 32.5/100) | Blank Capital Research

Data Series	1D	5D	1M	YTD	1Y	3Y	5Y	10Y
BMNR	+0.95%	+9.41%	+2.65%	-21.62%	+5,220.00%	-	-	-
Industry Proxy XLF	-1.09%	+2.50%	+1.42%	-7.30%	+10.59%	-	-	-
U.S. Market SPY	-0.07%	+3.60%	+0.34%	-0.36%	+29.52%	-	-	-
Alpha vs Market	+1.01%	+5.81%	+2.32%	-21.26%	+5,190.48%	-	-	-
Alpha vs Sector	+2.04%	+6.91%	+1.23%	-14.32%	+5,209.41%	-	-	-

Metric	BMNR	Benchmark
P/E Ratio	-0.9x	-106%
EV/EBITDA	—	—
Price / Book	0.8x

Stock Entity	Score▼	Quality	Value	Momentum	P/E Ratio	ROE	Gross Margin	Net Margin	Rev Growth	D/E Ratio	Market Cap	Compare
WTM WHITE MOUNTAINS INSURANCE GROUP LTD	63	80	79	54	8.9x	10.1%	96.3%	20.1%	1.6%	14.0x	$5.4B	VS
OPY OPPENHEIMER HOLDINGS INC	63	68	79	63	10.4x	9.9%	0.0%	6.5%	37.5%	273.0x	$959M	VS
ACT Enact Holdings, Inc.	62	81	76	52	8.7x	12.7%	88.5%	55.0%	4.2%	14.0x	$5.7B	VS
IGIC International General Insurance Holdings Ltd.	61	74	93	50	8.6x	82.6%	59.9%	25.1%	-	0.0x	$1.1B	VS
PKBK PARKE BANCORP, INC.	60	60	77	65	9.8x	10.5%	-	24.8%	20.9%	593.0x	$335M	VS
SSSS SURO CAPITAL CORP.	60	89	33	65	4.7x	30.9%	0.0%	-752.0%	-48.3%	34.0x	$290M	VS
CB Chubb Ltd	59	67	71	52	12.8x	12.5%	0.0%	16.6%	15.6%	20.0x	$128.0B	VS
RRBI RED RIVER BANCSHARES INC	59	59	69	68	15.0x	11.0%	0.0%	27.5%	13.3%	818.0x	$607M	VS
UFCS UNITED FIRE GROUP INC	59	64	78	58	9.8x	10.6%	100.0%	7.3%	17.5%	308.0x	$936M	VS
SPFI SOUTH PLAINS FINANCIAL, INC.	58	59	73	55	12.8x	11.0%	0.0%	21.7%	9.0%	807.0x	$690M	VS
BMNR BITMINE IMMERSION TECHNOLOGIES, INC.	33	42	13	49	-	-92.5%	33.1%	-75,687.4%	90.9%	2.0x	$9.0B

Key Ratio	TTM	2026	2025	2024	2023
Gross Margin %	0.3%	0.6%	0.1%	-0.0%	0.3%
Operating Margin %	-795.5%	-2,385.6%	72.9%	-0.7%	-3.7%
EBITDA Margin %	-1,839.4%	-2,385.6%	72.9%	-0.5%	-3.0%
Net Margin %	-756.9%	-2,269.6%	57.2%	-1.0%	-3.8%
FCF Margin %	-242,029.6%	-	-	-3.2%	-220.4%
ROE %	-0.9%	-0.5%	0.0%	-0.8%	-0.4%
ROA %	-0.9%	-0.5%	0.0%	-0.5%	-0.3%
ROIC %	-83.4%	-38.4%	4.0%	-37.1%	-31.8%

Line Item	TTM	2025	2024	2023
	$6M	$6M	$3M	$645K
	—	$6M	—	—
	$1M	$310K	$761K	$222K
Gross Margin	33.1%	5.1%	-4.9%	34.5%
	—	—	$924K	$471K
Total Operating Expenses	—	-$444M	—	—
	-$10.9B	$444M	-$2M	-$2M
EBIT	-$10.9B	$444M	-$2M	-$2M
EBITDA	-$10.8B	$444M	-$2M	-$2M
Operating Margin	-79549.3%	7288.1%	-74.0%	-374.0%
EBITDA Margin	-183944.9%	7288.1%	-46.0%	-298.4%
	—	—	$624K	$97K
	—	$441M	—	—
	-$10.4B	$349M	-$3M	-$2M
Net Margin	-75687.4%	5719.1%	-99.5%	-382.0%
	$-15.98	$13.60	$-0.07	$-0.05
Diluted EPS	$-15.98	$13.39	$-0.07	$-0.05
Weighted Avg Basic	—	24M	—	—
Weighted Avg Diluted	—	25M	—	—

BITMINE IMMERSION TECHNOLOGIES, INC. (BMNR) Stock Analysis — April 2026 Rating, Price, and Forecast

Last updated: April 2026

Company Overview — What Does BITMINE IMMERSION TECHNOLOGIES, INC. Do?

BITMINE IMMERSION TECHNOLOGIES, INC. (BMNR) is a mid-cap company in the Financials sector, operating within the Banking industry. The stock has a market capitalization of $9.0B, making it a notable participant in its sector. Investors researching BMNR stock will find a comprehensive, data-driven analysis below covering valuation, profitability, growth, dividends, and peer comparisons for the Banking space.

BITMINE IMMERSION TECHNOLOGIES, INC. (BMNR) Stock Rating — Reduce (April 2026)

As of April 2026, BITMINE IMMERSION TECHNOLOGIES, INC. receives a Reduce rating with a composite score of 32.5/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.BMNR ranks #3,197 out of 4,446 stocks in our coverage universe. Within the Financials sector, BITMINE IMMERSION TECHNOLOGIES, INC. ranks #748 of 891 stocks, placing it in the lower half of its Financials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

BMNR Stock Price and 52-Week Range

BITMINE IMMERSION TECHNOLOGIES, INC. (BMNR) currently trades at $21.32. The stock gained $0.24 (1.1%) in the most recent trading session. The 52-week high for BMNR is $161.00, which means the stock is currently trading -86.8% from its annual peak. The 52-week low is $0.25, putting the stock 8424.6% above its annual trough. Recent trading volume was 28.6M shares, indicating strong institutional interest and high liquidity.

Is BMNR Overvalued or Undervalued? — Valuation Analysis

BITMINE IMMERSION TECHNOLOGIES, INC. (BMNR) carries a value factor score of 13/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 0.82x, versus the sector average of 1.22x. The price-to-sales ratio is 1566.74x, compared to 0.90x for the average Financials stock.

At current multiples, BITMINE IMMERSION TECHNOLOGIES, INC. trades at a premium to most Financials peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.

BITMINE IMMERSION TECHNOLOGIES, INC. Profitability — ROE, Margins, and Quality Score

BITMINE IMMERSION TECHNOLOGIES, INC. (BMNR) earns a quality factor score of 42/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -92.5%, compared to the Financials sector average of 8.5%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -90.6% versus the sector average of 1.2%.

On a margin basis, BITMINE IMMERSION TECHNOLOGIES, INC. reports gross margins of 33.1%. The operating margin is -79549.3% (sector: 21.8%). Net profit margin stands at -75687.4%, versus 17.7% for the average Financials stock. Revenue growth is running at 90.9% on a trailing basis, compared to 9.4% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

BMNR Debt, Balance Sheet, and Financial Health

BITMINE IMMERSION TECHNOLOGIES, INC. has a debt-to-equity ratio of 2.0%, compared to the Financials sector average of 121.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 6.48x, indicating strong short-term liquidity. Total debt on the balance sheet is $0. Cash and equivalents stand at $888M.

BMNR has a beta of 6.69, meaning it is more volatile than the broader market — a $10,000 investment in BMNR would be expected to move 569.4% more than the S&P 500 on any given day. The stability factor score for BITMINE IMMERSION TECHNOLOGIES, INC. is 6/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.

BITMINE IMMERSION TECHNOLOGIES, INC. Revenue and Earnings History — Quarterly Trend

In TTM 2026, BITMINE IMMERSION TECHNOLOGIES, INC. reported revenue of $6M and earnings per share (EPS) of $-15.98. Net income for the quarter was $-10.41B. Gross margin was 33.1%. Operating income came in at $-10.94B.

In Q1 2026, BITMINE IMMERSION TECHNOLOGIES, INC. reported revenue of $2M and earnings per share (EPS) of $-15.98. Net income for the quarter was $-5.20B. Gross margin was 55.3%. Operating income came in at $-5.47B.

In Q1 2025, BITMINE IMMERSION TECHNOLOGIES, INC. reported revenue of $0 and earnings per share (EPS) of $-15.98. Net income for the quarter was $-5.20B. Operating income came in at $-5.47B.

In FY 2025, BITMINE IMMERSION TECHNOLOGIES, INC. reported revenue of $6M and earnings per share (EPS) of $13.60. Net income for the quarter was $349M. Gross margin was 5.1%. Revenue grew 84.1% year-over-year compared to FY 2024. Operating income came in at $444M.

Over the past 8 quarters, BITMINE IMMERSION TECHNOLOGIES, INC. has demonstrated a growth trajectory, with revenue expanding from $3M to $6M. Investors analyzing BMNR stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

BMNR Dividend Yield and Income Analysis

BITMINE IMMERSION TECHNOLOGIES, INC. (BMNR) does not currently pay a dividend. This is common among smaller companies in the Banking industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Financials dividend stocks may want to explore other Financials stocks or use the stock screener to filter by dividend yield.

BMNR Momentum and Technical Analysis Profile

BITMINE IMMERSION TECHNOLOGIES, INC. (BMNR) has a momentum factor score of 49/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 37/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 16/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.

BMNR vs Competitors — Financials Sector Ranking and Peer Comparison

Within the Financials sector, BITMINE IMMERSION TECHNOLOGIES, INC. (BMNR) ranks #748 out of 891 stocks based on the Blank Capital composite score. This places BMNR in the lower half of all Financials stocks in our coverage universe. Key competitors and sector peers include WHITE MOUNTAINS INSURANCE GROUP LTD (WTM) with a score of 62.9/100, OPPENHEIMER HOLDINGS INC (OPY) with a score of 62.6/100, Enact Holdings, Inc. (ACT) with a score of 61.6/100, International General Insurance Holdings Ltd. (IGIC) with a score of 61.3/100, and PARKE BANCORP, INC. (PKBK) with a score of 60.4/100.

Comparing BMNR against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full BMNR vs S&P 500 (SPY) comparison to assess how BITMINE IMMERSION TECHNOLOGIES, INC. stacks up against the broader market across all factor dimensions.

BMNR Next Earnings Date

No upcoming earnings date has been announced for BITMINE IMMERSION TECHNOLOGIES, INC. (BMNR) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy BMNR? — Investment Thesis Summary

The quantitative profile for BITMINE IMMERSION TECHNOLOGIES, INC. suggests caution. The value score of 13/100 indicates premium valuation. High volatility (stability score 6/100) increases portfolio risk.

In summary, BITMINE IMMERSION TECHNOLOGIES, INC. (BMNR) earns a Reduce rating with a composite score of 32.5/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on BMNR stock.

Related Resources for BMNR Investors

Explore more research and tools: BMNR vs S&P 500 comparison, top Financials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare BMNR head-to-head with peers: BMNR vs WTM, BMNR vs OPY, BMNR vs ACT.

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