EBON
EBON 1-star rating from Upturn Advisory

Ebang International Holdings (EBON)

Ebang International Holdings (EBON) 1-star rating from Upturn Advisory
$3.93
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Upturn Advisory Summary

11/13/2025: EBON (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit -48.29%
Avg. Invested days 30
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/13/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 20.79M USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) -
Beta 1.97
52 Weeks Range 3.00 - 10.94
Updated Date 06/29/2025
52 Weeks Range 3.00 - 10.94
Updated Date 06/29/2025
Dividends yield (FY) -
Basic EPS (TTM) -3.22

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -478.2%

Management Effectiveness

Return on Assets (TTM) -6.61%
Return on Equity (TTM) -7.7%

Valuation

Trailing PE -
Forward PE -
Enterprise Value -193908673
Price to Sales(TTM) 3.54
Enterprise Value -193908673
Price to Sales(TTM) 3.54
Enterprise Value to Revenue 1.21
Enterprise Value to EBITDA 52.38
Shares Outstanding 4726420
Shares Floating 4613934
Shares Outstanding 4726420
Shares Floating 4613934
Percent Insiders 0.07
Percent Institutions 2.79

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Ebang International Holdings

Ebang International Holdings(EBON) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Ebang International Holdings Inc. was founded in 2010, initially focusing on ASIC chip design and manufacturing, particularly for Bitcoin mining hardware. Over time, it has sought to diversify into other areas, including financial services and blockchain technology. Key milestones include developing and launching various generations of mining machines and attempts to establish a cryptocurrency exchange.

Company business area logo Core Business Areas

  • ASIC Chip Design and Manufacturing: Designs and manufactures ASIC chips for cryptocurrency mining, primarily Bitcoin. This includes research, development, and production of hardware.
  • Cryptocurrency Mining Hardware: Manufactures and sells cryptocurrency mining machines (miners) that utilize its proprietary ASIC chips. These miners are designed to solve complex mathematical problems to validate transactions and earn cryptocurrency rewards.
  • Blockchain Technology and Financial Services: Explores opportunities in blockchain technology beyond mining, including potentially developing a cryptocurrency exchange and related services, but these ventures have faced regulatory and operational hurdles.

leadership logo Leadership and Structure

Ebang's leadership structure typically includes a CEO responsible for overall strategic direction, a CFO overseeing financial operations, and a CTO leading technological development. The organizational structure is hierarchical, with various departments handling R&D, manufacturing, sales, and marketing. Specific individuals and details about the current leadership team may vary.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Ebit Miner (various models): Bitcoin mining hardware utilizing Ebang's ASIC chips. Market share data is volatile and dependent on model generation and competition, but estimates suggest Ebang has held a single-digit percentage share historically in the global mining hardware market. Competitors include Bitmain (Antminer), MicroBT (Whatsminer), and Canaan Creative (AvalonMiner). Revenue is heavily tied to Bitcoin price fluctuations.

Market Dynamics

industry overview logo Industry Overview

The cryptocurrency mining hardware industry is highly competitive and volatile, heavily influenced by Bitcoin price fluctuations, technological advancements in ASIC chips, and regulatory developments in different regions. The industry is capital-intensive and requires constant innovation to remain competitive.

Positioning

Ebang's position in the industry is as a smaller player compared to market leaders like Bitmain and MicroBT. Its competitive advantage lies in its ASIC chip design capabilities, but it faces challenges related to scale, manufacturing capacity, and brand recognition. It attempts diversification in the sector.

Total Addressable Market (TAM)

The total addressable market (TAM) for cryptocurrency mining hardware fluctuates with the price of bitcoin and has been estimated between $5 billion and $10 billion annually. Ebang's positioning is as a smaller participant aiming to capture a larger share. The success of that aim is dependent upon improved operational capabilities and future market conditions.

Upturn SWOT Analysis

Strengths

  • ASIC chip design expertise
  • Proprietary mining hardware technology
  • Potential for diversification into blockchain-related services

Weaknesses

  • Smaller market share compared to competitors
  • Dependence on Bitcoin price volatility
  • Past operational and regulatory challenges
  • Limited financial resources

Opportunities

  • Development of more efficient mining hardware
  • Expansion into new cryptocurrency mining markets
  • Partnerships with blockchain technology companies
  • Growth in adoption of cloud mining services

Threats

  • Intense competition from larger manufacturers
  • Rapid technological advancements rendering hardware obsolete
  • Regulatory restrictions on cryptocurrency mining
  • Supply chain disruptions
  • Bitcoin price declines

Competitors and Market Share

Key competitor logo Key Competitors

  • Bit Digital Inc (BTBT)
  • Marathon Digital Holdings Inc (MARA)
  • Canaan Inc. (CAN)

Competitive Landscape

Ebang faces significant competition from larger, more established players with greater resources. Ebang's advantages are related to niche markets and specialized technology.

Growth Trajectory and Initiatives

Historical Growth: Historical growth has been inconsistent and highly correlated with Bitcoin price cycles. Periods of rapid revenue growth have been followed by declines.

Future Projections: Future growth projections are speculative and depend on Ebang's ability to innovate, expand into new markets, and navigate regulatory challenges. Analyst estimates vary widely.

Recent Initiatives: Recent initiatives involve attempting to launch cryptocurrency exchanges and expanding blockchain technology solutions. These initiatives have faced regulatory and operational challenges.

Summary

Ebang International Holdings is a small player in the volatile cryptocurrency mining hardware market facing significant competition. Its future depends on successful diversification and navigating regulatory hurdles. The company has faced operational difficulties and financial instability. It needs to build a sustainable competitive advantage and address weaknesses in its financial performance and operational execution.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company filings
  • Industry reports
  • Analyst estimates

Disclaimers:

The information provided is for informational purposes only and should not be construed as investment advice. Market share figures are estimates and may vary.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Ebang International Holdings

Exchange NASDAQ
Headquaters -
IPO Launch date 2020-06-26
Chairman of Board, CEO & CFO Mr. Dong Hu
Sector Technology
Industry Computer Hardware
Full time employees 218
Full time employees 218

Ebang International Holdings Inc., through its subsidiaries, provides cross-border payment and foreign exchange services in Mainland China and Australia. The company offers solar and battery storage solutions, such as smart solar inverters and hybrid solar and storage systems; and SaaS data visualization and analytics solutions. It also provides fiber-optic communication access devices, such as multiprotocol label switching fiber-optic access network devices, multi-service access platform integrated business access devices, and wavelength-division multiplexing fiber-optic devices; and enterprise convergent communication terminals, including gigabit passive optical network, Fiber to the Room products, passive optical network converged gateway, enterprise cloud gateway devices, industrial Internet of Things access devices, and business enterprise smart wireless access devices. In addition, the company sells bitcoin mining machines under the Ebit brand. It also operates a proprietary cryptocurrency exchange platform. The company serves the blockchain and telecommunications industries. It sells its blockchain products directly, as well as through its website; and telecommunication products through supplier contracts. The company was founded in 2010 and is headquartered in Hangzhou, China.