Cipher Mining Inc., together with its subsidiaries, engages in the development and operation of industrial scale bitcoin mining data centers in the United States. The company was incorporated in 2020 and is based in New York, New York. Cipher Mining Inc. operates as a subsidiary of Bitfury Holding B.V.
Crypto Mining Titan | Cipher Mining's strategic expansion in Texas and ambitious hash rate targets position it as a formidable player in the competitive Bitcoin mining landscape |
Power Play | Explore Cipher's edge through low-cost power agreements and efficient energy strategies, bolstering its operational prowess in a volatile market |
Financial Forecast | Analysts set an average price target of $9, reflecting optimism despite recent revenue estimate adjustments due to Bitcoin price fluctuations |
Navigating Challenges | Delve into Cipher's approach to regulatory uncertainties and market volatility, balancing growth ambitions with adaptability in the evolving crypto secto |
Metrics to compare | CIFR | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipCIFRPeersSector | |
---|---|---|---|---|
P/E Ratio | −46.5x | −3.7x | 11.1x | |
PEG Ratio | −0.89 | −0.03 | 0.01 | |
Price/Book | 3.6x | 1.2x | 2.4x | |
Price / LTM Sales | 15.7x | 3.5x | 2.1x | |
Upside (Analyst Target) | 17.9% | 45.0% | 19.9% | |
Fair Value Upside | Unlock | 16.4% | 3.7% | Unlock |