BMNR trades 137.9% below Wall Street's consensus target of $63.60.
Last 12 months price action with 12-month analyst target path
The base valuation assumes BMNR achieves its forward estimates and maintains a stable P/E multiple of historical averagesx. This scenario reflects the blended consensus of 2 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of October 3, 2026, Bitmine Immersion Technologies, Inc. (BMNR) has a Wall Street consensus price target of $63.60, based on estimates from 2 covering analysts. With the stock currently trading at $26.73, this represents a potential upside of +137.9%. The company has a market capitalization of $15.22B.
Analyst price targets range from a low of $63.60 to a high of $63.60, representing a 0% spread in expectations. The median target of $63.60 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 2 analysts rating the stock as a Buy or Strong Buy,0 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, BMNR trades at a trailing P/E of 19.9x. Analysts expect EPS to grow -37.9% over the next year.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 MARAMarathon Digital Holdings, Inc. | $4.3B | $11.21 | $13.25 | +18.2% | Buy | — | 20 |
 RIOTRiot Platforms, Inc. | $7.4B | $19.61 | $31.64 | +61.3% | Buy | — | 19 |
 CLSKCleanSpark, Inc. | $3.2B | $12.52 | $22.00 | +75.7% | Buy | — | 11 |
 HUTHut 8 Corp. | $9.7B | $86.36 | $160.54 | +85.9% | Buy | — | 16 |
 BITFBitfarms Ltd. | $2.0B | $3.38 | $4.84 | +43.2% | Buy | — | 4 |
 IRENIREN Limited | $14.5B | $40.65 | $81.00 | +99.3% | Buy | — | 15 |
 CIFRCipher Mining Inc. | $6.3B | $15.46 | $29.80 | +92.8% | Buy | — | 14 |
 BTBTBit Digital, Inc. | $567M | $1.62 | $3.50 | +116.0% | Buy | — | 2 |
 WULFTeraWulf Inc. | $7.4B | $14.91 | $34.92 | +134.2% | Buy | — | 14 |
 MIGIMawson Infrastructure Group, Inc. | $5M | $5.50 | — | — | — | — | — |
Quick answers to the most common questions about buying BMNR stock.
The consensus Wall Street price target for BMNR is $63.6, representing 137.9% upside from the current price of $26.73. With 2 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
BMNR has a consensus rating of "Buy" based on 2 Wall Street analysts. The rating breakdown is predominantly bullish, with 2 Buy/Strong Buy ratings. The consensus 12-month price target of $63.6 implies 137.9% upside from current levels.
BMNR's current price is $26.73 with a consensus target of $63.6 (137.9% implied move). Analyst estimates suggest the stock is undervalued at current levels.
The most bullish Wall Street analyst has a price target of $63.6 for BMNR, while the most conservative target is $63.6. The consensus of $63.6 represents the median expectation. These targets typically reflect 12-month expectations.
BMNR is lightly followed, with 2 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 2 have Buy ratings, 0 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month BMNR stock forecast based on 2 Wall Street analysts shows a consensus price target of $63.6, with estimates ranging from $63.6 (bear case) to $63.6 (bull case). The median consensus rating is "Buy".
Wall Street analysts are very optimistic on BMNR, with a "Buy" consensus rating and $63.6 price target (137.9% upside). 2 of 2 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
BMNR analyst price targets range from $63.6 to $63.6, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $63.6 consensus represents the middle ground.
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