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Intchains Group (ICG) Stock Forecast & Price Target

$8.04
+0.16 (+2.03%)
(As of 11:32 AM ET)

Intchains Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Consensus Price Target

$10.00
24.38% Upside
High Forecast$10.00
Average Forecast$10.00
Low Forecast$10.00
TypeCurrent Forecast
7/3/23 to 7/2/24
1 Month Ago
6/3/23 to 6/2/24
3 Months Ago
4/4/23 to 4/3/24
1 Year Ago
7/3/22 to 7/3/23
Consensus Rating
Buy
N/AN/AN/A
Strong Buy
0 Strong Buy rating(s)
N/A N/A N/A
Buy
1 Buy rating(s)
N/A N/A N/A
Hold
0 Hold rating(s)
N/A N/A N/A
Sell
0 Sell rating(s)
N/A N/A N/A
Consensus Price Target$10.00N/AN/AN/A
Forecasted Upside24.38% UpsideN/AN/AN/A

ICG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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ICG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Intchains Group Stock vs. The Competition

TypeIntchains GroupBusiness Services CompaniesS&P 500
Consensus Rating Score
3.00
2.64
2.50
Consensus RatingBuyModerate BuyModerate Buy
Predicted Upside26.90% Upside143.53% Upside12.47% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/21/2024Benchmark
Subscribe to MarketBeat All Access for the recommendation accuracy rating
M. Palmer
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Initiated CoverageBuy$10.00+46.41%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 12:13 PM ET.

ICG Forecast - Frequently Asked Questions

What is Intchains Group's stock forecast and purchase recommendation?

According to the research reports of 1 Wall Street equities research analysts, the average twelve-month stock price forecast for Intchains Group is $10.00, with a high forecast of $10.00 and a low forecast of $10.00. The consensus rating for Intchains Group stock is Buy based on the current 1 buy rating for ICG. Learn more on ICG's analyst rating history.

Do Wall Street analysts like Intchains Group more than its competitors?

Analysts like Intchains Group more than other "business services" companies. The consensus rating for Intchains Group is Buy while the average consensus rating for "business services" companies is Moderate Buy. Learn more on how ICG compares to other companies.

Does Intchains Group's stock price have much upside?

According to analysts, Intchains Group's stock has a predicted upside of 46.41% based on their 12-month stock forecasts.

What analysts cover Intchains Group?

Intchains Group has been rated by research analysts at Benchmark in the past 90 days.


This page (NASDAQ:ICG) was last updated on 7/2/2024 by MarketBeat.com Staff

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