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Cipher Mining Inc (CIFR)

NASDAQ
Currency in USD
7.190
+0.300(+4.35%)
Real-time Data
CIFR Scorecard
Full Analysis
Net income is expected to grow this year
Fair Value
Day's Range
6.9807.350
52 wk Range
2.1557.990
Key Statistics
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Prev. Close
6.89
Open
6.98
Day's Range
6.98-7.35
52 wk Range
2.155-7.99
Volume
1.09M
Average Volume (3m)
10.59M
1-Year Change
151.82%
Book Value / Share
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Fair Value
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Fair Value Upside
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CIFR Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
8.390
Upside
+16.690%
Members' Sentiments
Bearish
Bullish
ProTips
2 analysts have revised their earnings downwards for the upcoming period
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Cipher Mining Inc Company Profile

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.

Cipher Mining Inc SWOT Analysis


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
Read full SWOT analysis
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Cipher Mining Inc Earnings Call Summary for Q4/2024

  • Cipher Mining pivots to HPC data centers, acquires 5 Texas sites for diversification amid Bitcoin volatility
  • Q3 GAAP net loss of $87M reported; Bitcoin revenue down 35% sequentially; 1,508 BTC held valued at $95M
  • Bitcoin mining capacity at 10.5 EH/s, expected to reach 13.5 EH/s by year-end; Black Pearl site to energize Q2 2025
  • Strategic advantage anticipated in data center market due to site scarcity; developing powered shell data center
  • Exploring multi-tenant approach and GPU fleet management; hedging strategy aims to lock in margins
Last Updated: 2024/11/01, 17:56
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Compare CIFR to Peers and Sector

Metrics to compare
CIFR
Peers
Sector
Relationship
P/E Ratio
−46.5x−3.7x11.1x
PEG Ratio
−0.89−0.030.01
Price/Book
3.6x1.2x2.4x
Price / LTM Sales
15.7x3.5x2.1x
Upside (Analyst Target)
17.9%45.0%19.9%
Fair Value Upside
Unlock16.4%3.7%Unlock

Analysts' Recommendations

10 Buy
1 Hold
0 Sell
Ratings:
10 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 8.390

(+16.69% Upside)

FAQ

What Is the Cipher Mining (CIFR) Stock Price Today?

The Cipher Mining stock price today is 7.19

What Stock Exchange Does Cipher Mining Trade On?

Cipher Mining is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for Cipher Mining?

The stock symbol for Cipher Mining is "CIFR."

What Is the Cipher Mining Market Cap?

As of today, Cipher Mining market cap is 2.40B.

What is Cipher Mining Earnings Per Share?

The Cipher Mining EPS is -0.171.

What Is the Next Cipher Mining Earnings Date?

Cipher Mining will release its next earnings report on 27 Feb 2025.

From a Technical Analysis Perspective, Is CIFR a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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