Intchains company expands into staking and Ethereum accumulation, still recommended to buy

Benchmark analysts remain optimistic that Intchains Group’s stock could more than double, despite lowering the price target due to revised revenue outlooks.

According to the report released on Tuesday, Benchmark praises Intchains’ diversification strategy. The company, known for developing specialized altcoin mining hardware under the Goldshell brand, is now transitioning into a hybrid crypto infrastructure platform, combining hardware development, staking services, and Ethereum reserve accumulation.

In addition to offering optimized altcoin mining machines for specific algorithms, Intchains is also expanding its Ethereum staking and reserve strategy. In Q1 of this year, the company’s ETH holdings increased to 9,070 ETH from 8,826 ETH at the end of last year. About 2,600 ETH of that has been staked.

Intchains’ stock is currently trading around $1.23, according to Yahoo Finance data. Benchmark continues to recommend buying and forecasts the stock could rise to $3. Previously, this analyst firm had set a $4 price target for Intchains.

Benchmark also predicts that Intchains could reach $67.6 million in revenue by 2026, down from the previous estimate of $70.9 million.

However, analysts warn that the company’s business remains heavily affected by crypto market volatility. When token prices fall or mining profits weaken, miners often delay or cancel hardware orders, which has been reflected in Intchains’ Q4 2025 financial results.