Cipher Mining Inc. (CIFR)
NASDAQ:CIFR
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CIFR Stock Chart & Stats
$19.37
-$0.37(-6.86%)
At close: 4:00 PM EST
$19.37
-$0.37(-6.86%)
Day’s Range― - ―
52-Week Range$3.29 - $30.01
Previous CloseN/A
Volume1.81M
Average Volume (3M)24.89M
Market Cap
$11.94B
Enterprise Value$14.81B
Total Cash (Recent Filing)$3.80B
Total Debt (Recent Filing)$4.75B
Price to Earnings (P/E)―
Beta3.52
Next Earnings
Aug 11, 2026EPS Estimate
-0.23Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.45
Shares Outstanding409,049,200
10 Day Avg. Volume24,280,190
30 Day Avg. Volume24,885,111
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)6.99
Price to Sales (P/S)25.15
P/FCF Ratio-8.09
Enterprise Value/Market Cap1.24
Enterprise Value/Revenue57.23
Enterprise Value/Gross Profit554.41
Enterprise Value/Ebitda-23.99
Forecast
1Y Price Target
$30.85Price Target Upside59.27% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
EPS Forecast (FY)-0.88
Revenue Forecast (FY)$226.29M
Bulls Say, Bears Say
Bulls Say
Large Contracted Revenue BaseAn $11.4B contracted lease portfolio across 10–15 year terms creates a long-duration, predictable revenue stream and substantial contracted NOI (~$787M annualized). This materially reduces reliance on volatile BTC mining receipts and supports multi-year cash flow visibility for debt servicing and development.
Hyperscaler Tenant PartnershipsLong-term, triple-net leases with investment-grade hyperscalers (including Amazon at Stingray) provide high-credit counterparties and rent escalators, lowering counterparty risk and enhancing predictability. These partnerships accelerate transition to stable HPC/data-center revenue and support capital recycling.
Diverse Financing & LiquidityA mix of project bonds, corporate revolver and substantial cash balances provides liquidity to fund multi-GW pipeline execution and absorb near-term volatility. Oversubscribed bonds and institutional lenders indicate market access, reducing immediate refinancing risk for ongoing construction and tenant delivery.
Bears Say
Persistent Negative Cash FlowConsistent negative operating and free cash flow shows the core business is not self-funding. Over the medium term this necessitates continual external financing or asset monetization to sustain buildouts, increasing dilution or leverage risk and constraining flexibility for opportunistic investments.
Elevated Leverage And Interest BurdenHigh absolute debt and rising interest expense materially increase fixed financial obligations and reduce net cash flow available for reinvestment. This raises refinancing and covenant risk across development projects, and amplifies sensitivity to rate moves or lower-than-expected leased revenue realization.
Interconnect & Execution Risk For PipelinePipeline activation depends on grid interconnect approvals and remaining equipment procurement. Delays or rejections can push energization timelines and postpone contracted NOI, impairing the replacement of mining income and stretching capital commitments tied to multi-year construction schedules.
Cipher Mining News
CIFR FAQ
What was Cipher Mining Inc.’s price range in the past 12 months?
Cipher Mining Inc. lowest stock price was $3.29 and its highest was $30.01 in the past 12 months.
What is Cipher Mining Inc.’s market cap?
Cipher Mining Inc.’s market cap is $11.94B.
When is Cipher Mining Inc.’s upcoming earnings report date?
Cipher Mining Inc.’s upcoming earnings report date is Aug 11, 2026 which is in 46 days.
How were Cipher Mining Inc.’s earnings last quarter?
Cipher Mining Inc. released its earnings results on May 05, 2026. The company reported -$0.28 earnings per share for the quarter, missing the consensus estimate of -$0.224 by -$0.056.
Is Cipher Mining Inc. overvalued?
According to Wall Street analysts Cipher Mining Inc.’s price is currently Undervalued.
Does Cipher Mining Inc. pay dividends?
Cipher Mining Inc. does not currently pay dividends.
What is Cipher Mining Inc.’s EPS estimate?
Cipher Mining Inc.’s EPS estimate is -0.23.
How many shares outstanding does Cipher Mining Inc. have?
Cipher Mining Inc. has 409,049,200 shares outstanding.
What happened to Cipher Mining Inc.’s price movement after its last earnings report?
Cipher Mining Inc. reported an EPS of -$0.28 in its last earnings report, missing expectations of -$0.224. Following the earnings report the stock price went up 23.533%.
Which hedge fund is a major shareholder of Cipher Mining Inc.?
Currently, no hedge funds are holding shares in CIFR
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Cipher Mining Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$30.85 (59.27% Upside)
$30.85 (59.27% Upside)
Blogger Sentiment
Bullish
CIFR Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 11.8M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $81.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 0.5%
Last 30 Days ▲ 2.4%
Last 30 Days ▲ 2.4%
News Sentiment
Bullish
Bullish news 75%
Bearish news 25%
Bearish news 25%
Technicals
SMA
Positive
20 days / 200 days
Momentum
567.01%
12-Months-Change
Fundamentals
Return on Equity
-117.65%
Trailing 12-Months
Asset Growth
599.68%
Trailing 12-Months
Company Description
Cipher Mining Inc.
Cipher Mining Inc. is a United States-based technology enterprise actively engaged in the Bitcoin mining sector. Its primary objective involves the development and expansion of cryptocurrency mining operations, specifically tailored for Bitcoin. Established in 2021, the company maintains its headquarters in New York, New York.
CIFR Company Deck
CIFR Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized strong execution across leasing, financing, and construction — with three hyperscaler campus leases, a $2.0B project bond, a $200M corporate revolver, a large contracted revenue base ($11.4B) and a multi-gigawatt pipeline. Operational milestones (Barber Lake topping out, Black Pearl retrofit progress), high procurement completion rates, and a substantial liquidity position underpin confidence in delivery. Key negatives include a marked QoQ revenue decline (-41.7%) tied to the planned mining wind-down, elevated leverage (~$5.2B) and higher interest expense (+~78.8%), working capital pressure (accounts payable +~395%), and dependency on ERCOT interconnect outcomes for mid-term pipeline conversion. On balance the company highlighted numerous execution and financing wins that materially de-risk development and create visible contracted cash flows, while acknowledging specific near-term revenue and financing headwinds.View all CIFR earnings summariesCIFR Stock 12 Month Forecast
Average Price Target
$30.85
▲(59.27% Upside)
Technical Analysis
Ownership Overview
41.22% Insiders
12.77% Mutual Funds
25.73% Other Institutional Investors
1.22% Public Companies and Individual Investors