<div id="readability-page-1"><p>Intchains Group (NASDAQ:ICG - Get Free Report) posted its quarterly earnings results on Thursday. The company reported $0.17 earnings per share for the quarter, topping analysts' consensus estimates of ($0.01) by $0.18, Zacks reports. Intchains Group had a return on equity of 2.04% and a net margin of 6.64%.</p><div><p><span></span><span>Get <strong>Intchains Group</strong> alerts:</span></p></div><h2>Intchains Group Stock Performance</h2><ul><li>Is it Time to Take Profits in Chip Stocks?</li></ul><p>ICG traded down $0.07 during trading on Thursday, reaching $1.01. 1,022,187 shares of the stock were exchanged, compared to its average volume of 151,611. The stock's 50 day moving average price is $1.56 and its two-hundred day moving average price is $2.01. Intchains Group has a twelve month low of $0.94 and a twelve month high of $12.04. The stock has a market cap of $60.97 million, a P/E ratio of 20.20 and a beta of 1.67. </p><h2>Analyst Ratings Changes</h2><p>ICG has been the topic of a number of research reports. Wall Street Zen downgraded Intchains Group from a &#34;hold&#34; rating to a &#34;sell&#34; rating in a report on Sunday, August 17th. Weiss Ratings  reiterated a &#34;sell (d)&#34; rating on shares of Intchains Group in a research note on Wednesday, October 8th. Finally, Benchmark  restated a &#34;buy&#34; rating on shares of Intchains Group in a research note on Friday, August 15th. Two equities research analysts have rated the stock with a Buy rating and one  has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of &#34;Hold&#34; and an average target price of $7.50.</p><p><b>Check Out Our Latest Research Report on ICG</b></p><h2>Institutional Inflows and Outflows</h2><p>A hedge fund recently bought a new stake in Intchains Group stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in  Intchains Group Limited Unsponsored ADR (NASDAQ:ICG - Free Report) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor  bought 52,369 shares of the company's stock, valued at approximately $142,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 0.09% of Intchains Group as of its most recent filing with the SEC. </p><h2>About Intchains Group</h2> (Get Free Report)<p>Intchains Group Limited designs and sells application-specific integrated circuit chips for blockchain applications in the People's Republic of China. The company also offers ancillary software, hardware, and other products. It serves distributors. Intchains Group Limited was founded in 2017 and is based in Pudong, China.</p><h2>See Also</h2><ul><li>Five stocks we like better than Intchains Group</li><li>How the NYSE and NASDAQ are Different, Why That Matters to Investors</li><li>dLocal Falls Despite Blowout Q3 Results—What Investors Are Missing</li><li>What is the Hang Seng index?  </li><li>Ondas Holdings Signals a Rebound as Drone Demand Soars</li><li>Stock Market Upgrades: What Are They?</li><li>Disney’s 2026 Outlook Brightens Under Iger's Magic Touch</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9SUNH?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9SUNH"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Intchains Group Right Now?</h2><p>Before you consider Intchains Group, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Intchains Group wasn't on the list.</p><p>While Intchains Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Intchains Group (NASDAQ:ICG - Get Free Report) issued its quarterly earnings results on Thursday. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.18. Intchains Group had a return on equity of 2.04% and a net margin of 6.64%.</p>

Intchains Group (NASDAQ:ICG) Announces Quarterly Earnings Results