IOND
Strong SellSinkerIonic Digital Inc. · Financial Services · United States · $2.8B cap · $40.5M/day traded
$65.23 +4.7% · close 26 Oct · scored 24 Oct
Sinker: Weak, expensive and falling. Nothing here to keep it afloat.
Report expected 11 Nov: the next-year EPS estimate has fallen 6.1% over the last 8 weeks.
As of 24 Oct 2026, MoatMap's StockRank for Ionic Digital Inc. (IOND) is 20/100, ranked against 24,000+ stocks in 35 markets (Quality 47, Value 18, Momentum 37, each scored against its sector).
Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →
ABOUT IONIC DIGITAL INC.
Read
Ionic Digital Inc. is a vertical-integrated Bitcoin mining company that operates a large-scale mining infrastructure. The company focuses on industrial-grade cryptocurrency production and mining operations, leveraging large power capacity to maintain its position in the network infrastructure space.
FINANCIAL SUMMARY (USD)
| Year | 2021 | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 150.1M | 146.7M | 115.4M | — | 141.4M | -1.5% | 163.2M | 193.4M | 212.6M | 22.6% |
| EPS | 1.52 | -9.71 | -3.79 | — | -6.63 | — | -6.68 | — | — | — |
| Shares | — | 44.9M | 44.9M | 44.9M | 44.9M | 0.0% | 45.0M | — | — | — |
| Debt | — | 644.3M | 0.3M | 0.2M | 0.2M | -93.6% | 0.2M | — | — | — |
| Equity | — | -379.5M | 738.9M | 787.6M | 543.4M | -14.2% | — | — | — | — |
| Op CF | -46.0M | -95.0M | -84.8M | — | -96.5M | — | -51.2M | — | — | — |
| Inv CF | -332.2M | -108.3M | 79.8M | — | 91.6M | — | — | — | — | — |
| Fin CF | 389.4M | 230.8M | 0 | — | 0 | — | — | — | — | — |
Not enough steady price history for a read yet.
How this is worked out
StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.
The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Financial Services, ranked by industry match, size, and score similarity. Cross-listings of IOND are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| IOND | Ionic Digital Inc.(you) | $2.8B | 20 | Strong Sell |
| LCLN | Lincoln International, Inc. | $2.5B | 21 | Sell |
| SBET | Sharplink, Inc. | $1.7B | 19 | Strong Sell |
| MARA | MARA Holdings, Inc. | $2.7B | 5 | Strong Sell |
| LAZ | Lazard, Inc. | $3.6B | 34 | Sell |
| TOP | TOP Financial Group Limited | $1.9B | 32 | Sell |
| CLSK | CleanSpark, Inc. | $2.0B | 6 | Strong Sell |
| MIAX | Miami International Holdings, Inc. | $3.4B | 38 | Hold |
| RIOT | Riot Platforms, Inc. | $4.7B | 7 | Strong Sell |
| CD | Chaince Digital Holdings Inc. | $964M | 18 | Strong Sell |
Peer medians: ROE 9.6% · P/E 12.3x · Gross margin 100.0%
Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.