Overview Dividends

(CIFR) Cipher Mining - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US17253J1060

Bitcoin, Mining, Data, Centers

Asset Management & Custody Banks
Market Cap in USD: 6,400m
IPO / Inception: 2021-08-30
Return 12m vs S&P 500: 155%

Dividends

Currently no dividends paid
Risk via 5d forecast
Volatility 113%
Value at Risk 5%th 164%
Relative Tail Risk -11.60%
Reward TTM
Sharpe Ratio 1.54
Alpha 214.30
CAGR/Max DD 2.33
Character TTM
Hurst Exponent 0.506
Beta 2.876
Beta Downside 2.919
Drawdowns 3y
Max DD 71.74%
Mean DD 28.80%
Median DD 26.67%

Description: CIFR Cipher Mining November 11, 2025

Cipher Mining Inc. (NASDAQ:CIFR) is a New-York-based company, founded in 2021, that designs, builds, and operates industrial-scale data centers in the United States to mine cryptocurrencies. It trades as a common stock and is listed under the ticker “CIFR.” Although the provided GICS sub-industry cites “Asset Management & Custody Banks,” Cipher’s core business aligns with the “Crypto Mining” segment of the Information Technology sector.

Key operating metrics that analysts watch include its hash-rate capacity (approximately 1.2 exahashes per second as of Q2 2024), power consumption efficiency (around 30 J/TH), and cash balance (roughly $120 million). The company’s revenue is highly sensitive to Bitcoin price movements and U.S. electricity pricing, while regulatory developments around crypto mining and the broader macro-trend of institutional crypto adoption act as primary sector drivers.

For a deeper, data-driven look at CIFR’s financials and peer benchmarks, the ValueRay platform provides a concise, research-ready overview.

Piotroski VR‑10 (Strict, 0-10) 2.5

Net Income (-70.5m TTM) > 0 and > 6% of Revenue (6% = 12.4m TTM)
FCFTA -0.15 (>2.0%) and ΔFCFTA 40.35pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 411.3% (prev 60.78%; Δ 350.6pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA -0.06 (>3.0%) and CFO -182.5m <= Net Income -70.5m (YES >=105%, WARN >=100%)
Net Debt (-163.5m) to EBITDA (117.0m) ratio: -1.40 <= 3.0 (WARN <= 3.5)
Current Ratio 2.49 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (376.4m) change vs 12m ago 13.13% (target <= -2.0% for YES)
Gross Margin 33.98% (prev 33.42%; Δ 0.56pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 11.42% (prev 19.66%; Δ -8.24pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio -17.93 (EBITDA TTM 117.0m / Interest Expense TTM 3.79m) >= 6 (WARN >= 3)

Altman Z'' 1.26

(A) 0.30 = (Total Current Assets 1.42b - Total Current Liabilities 570.2m) / Total Assets 2.84b
(B) -0.09 = Retained Earnings (Balance) -269.5m / Total Assets 2.84b
(C) -0.04 = EBIT TTM -68.0m / Avg Total Assets 1.81b
(D) -0.13 = Book Value of Equity -269.1m / Total Liabilities 2.06b
Total Rating: 1.26 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 40.15

1. Piotroski 2.50pt
2. FCF Yield -6.96%
3. FCF Margin data missing
4. Debt/Equity 1.33
5. Debt/Ebitda -1.40
6. ROIC - WACC (= -20.21)%
7. RoE -9.57%
8. Rev. Trend 76.58%
9. EPS Trend 6.21%

What is the price of CIFR shares?

As of January 07, 2026, the stock is trading at USD 17.54 with a total of 25,636,167 shares traded.
Over the past week, the price has changed by +20.22%, over one month by -9.96%, over three months by +14.34% and over the past year by +199.83%.

Is CIFR a buy, sell or hold?

Cipher Mining has received a consensus analysts rating of 4.55. Therefore, it is recommended to buy CIFR.
  • Strong Buy: 7
  • Buy: 3
  • Hold: 1
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the CIFR price?

Issuer Target Up/Down from current
Wallstreet Target Price 26.7 52.1%
Analysts Target Price 26.7 52.1%
ValueRay Target Price 19.2 9.6%

CIFR Fundamental Data Overview January 06, 2026

Market Cap USD = 6.40b (6.40b USD * 1.0 USD.USD)
P/E Forward = 75.188
P/S = 31.002
P/B = 8.1723
Beta = 2.953
Revenue TTM = 206.5m USD
EBIT TTM = -68.0m USD
EBITDA TTM = 117.0m USD
Long Term Debt = 1.02b USD (from longTermDebt, last quarter)
Short Term Debt = 7.65m USD (from shortTermDebt, last quarter)
Debt = 1.04b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -163.5m USD (from netDebt column, last quarter)
Enterprise Value = 6.24b USD (6.40b + Debt 1.04b - CCE 1.21b)
Interest Coverage Ratio = -17.93 (Ebit TTM -68.0m / Interest Expense TTM 3.79m)
FCF Yield = -6.96% (FCF TTM -434.1m / Enterprise Value 6.24b)
FCF Margin = -210.3% (FCF TTM -434.1m / Revenue TTM 206.5m)
Net Margin = -34.16% (Net Income TTM -70.5m / Revenue TTM 206.5m)
Gross Margin = 33.98% ((Revenue TTM 206.5m - Cost of Revenue TTM 136.3m) / Revenue TTM)
Gross Margin QoQ = 42.57% (prev 28.87%)
Tobins Q-Ratio = 2.20 (Enterprise Value 6.24b / Total Assets 2.84b)
Interest Expense / Debt = 0.12% (Interest Expense 1.29m / Debt 1.04b)
Taxrate = 8.45% (-303.0k / -3.59m)
NOPAT = -62.2m (EBIT -68.0m * (1 - 8.45%)) [loss with tax shield]
Current Ratio = 2.49 (Total Current Assets 1.42b / Total Current Liabilities 570.2m)
Debt / Equity = 1.33 (Debt 1.04b / totalStockholderEquity, last quarter 783.2m)
Debt / EBITDA = -1.40 (Net Debt -163.5m / EBITDA 117.0m)
Debt / FCF = 0.38 (negative FCF - burning cash) (Net Debt -163.5m / FCF TTM -434.1m)
Total Stockholder Equity = 737.2m (last 4 quarters mean from totalStockholderEquity)
RoA = -2.48% (Net Income -70.5m / Total Assets 2.84b)
RoE = -9.57% (Net Income TTM -70.5m / Total Stockholder Equity 737.2m)
RoCE = -3.86% (EBIT -68.0m / Capital Employed (Equity 737.2m + L.T.Debt 1.02b))
RoIC = -5.92% (negative operating profit) (NOPAT -62.2m / Invested Capital 1.05b)
WACC = 14.30% (E(6.40b)/V(7.44b) * Re(16.61%) + D(1.04b)/V(7.44b) * Rd(0.12%) * (1-Tc(0.08)))
Discount Rate = 16.61% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 13.73%
Fair Price DCF = unknown (Cash Flow -434.1m)
EPS Correlation: 6.21 | EPS CAGR: 8.32% | SUE: 0.71 | # QB: 0
Revenue Correlation: 76.58 | Revenue CAGR: 76.14% | SUE: -1.58 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.04 | Chg30d=+0.000 | Revisions Net=+1 | Analysts=1
EPS next Year (2026-12-31): EPS=0.49 | Chg30d=+0.000 | Revisions Net=-1 | Growth EPS=+44.1% | Growth Revenue=+66.4%

Additional Sources for CIFR Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle