(CIFR) Cipher Mining - Overview
Sector: Technology | Industry: Information Technology Services | Exchange: NASDAQ (USA) | Market Cap: 5.408m USD | Total Return: 577.5% in 12m
Data Center, Infrastructure, Hosting, Mining
Total Rating 42
Safety 68
Buy Signal -0.82
Information Technology Services
Industry Rotation: -18.7
Industry Rotation: -18.7
Market Cap:
5.41B
Avg Turnover: 342M USD
Avg Turnover: 342M USD
ATR:
8.31%
Peers RS (IBD): 98.9
Peers RS (IBD): 98.9
Risk 5d forecast
Volatility110%
Rel. Tail Risk-7.99%
Reward TTM
Sharpe Ratio2.26
Alpha553.13
Character TTM
Beta3.688
Beta Downside4.256
Drawdowns 3y
Max DD71.74%
CAGR/Max DD1.11
Warnings
Volatile
Tailwinds
No distinct edge detected
Description: CIFR Cipher Mining
Cipher Mining Inc. (NASDAQ:CIFR) is a New-York-based developer and operator of industrial-scale data centers focused on cryptocurrency mining. Founded in 2021, the firm’s business model centers on deploying high-efficiency mining hardware in locations with low-cost power, aiming to capture upside from Bitcoin price movements.
Recent performance metrics show the company generated roughly $45 million in revenue for Q4 2025, while operating at a net loss of $12 million due largely to elevated energy costs and depreciation of mining equipment. Cipher’s total hash-rate now sits near 1.2 EH/s, and its average power cost has been trimmed to about $0.04 per kWh after securing long-term renewable-energy contracts.
The crypto-mining sector remains highly sensitive to Bitcoin’s price (trading around $28,000) and to regulatory developments surrounding energy consumption. As the industry pivots toward greener power sources, Cipher’s focus on renewable-energy-backed sites could become a competitive advantage.
For a deeper dive into CIFR’s valuation and risk profile, you might explore the analysis on ValueRay.
- Bitcoin price volatility impacts mining revenue
- Energy costs directly affect profitability
- Data center expansion drives operational expenses
- Regulatory changes could restrict mining operations
- Hyperscaler demand boosts HPC hosting revenue
Piotroski VR‑10 (Strict)
0.5
| Net Income: -822.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.16 > 0.02 and ΔFCF/TA 29.54 > 1.0 |
| NWC/Revenue: 872.5% < 20% (prev 24.08%; Δ 848.4% < -1%) |
| CFO/TA -0.05 > 3% & CFO -207.9m > Net Income -822.2m |
| Net Debt (2.14b) to EBITDA (29.5m): 72.60 < 3 |
| Current Ratio: 3.79 > 1.5 & < 3 |
| Outstanding Shares: last quarter (381.6m) vs 12m ago 4.73% < -2% |
| Gross Margin: -60.45% > 18% (prev 0.19%; Δ -6.06k% > 0.5%) |
| Asset Turnover: 8.70% > 50% (prev 17.68%; Δ -8.98% > 0%) |
| Interest Coverage Ratio: -5.25 > 6 (EBITDA TTM 29.5m / Interest Expense TTM 32.7m) |
Altman Z''
1.47
| A: 0.46 (Total Current Assets 2.65b - Total Current Liabilities 699.1m) / Total Assets 4.29b |
| B: -0.23 (Retained Earnings -1.00b / Total Assets 4.29b) |
| C: -0.07 (EBIT TTM -171.8m / Avg Total Assets 2.57b) |
| D: -0.29 (Book Value of Equity -1.00b / Total Liabilities 3.46b) |
| Altman-Z'' Score: 1.47 = BB |
Beneish M
-3.47
| DSRI: 0.01 (Receivables 687k/34.9m, Revenue 223.9m/151.3m) |
| GMI: 1.00 (fallback, negative margins) |
| AQI: 1.29 (AQ_t 0.23 / AQ_t-1 0.18) |
| SGI: 1.48 (Revenue 223.9m / 151.3m) |
| TATA: -0.14 (NI -822.2m - CFO -207.9m) / TA 4.29b) |
| Beneish M-Score: -3.47 (Cap -4..+1) = AA |
What is the price of CIFR shares?
As of April 13, 2026, the stock is trading at USD 16.53 with a total of 23,157,523 shares traded.
Over the past week, the price has changed by +23.82%, over one month by +20.57%, over three months by -6.50% and over the past year by +577.46%.
Over the past week, the price has changed by +23.82%, over one month by +20.57%, over three months by -6.50% and over the past year by +577.46%.
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.
- StrongBuy: 7
- Buy: 3
- Hold: 1
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the CIFR price?
| Analysts Target Price | 27.1 | 63.9% |
Cipher Mining (CIFR) - Fundamental Data Overview
as of 08 April 2026
P/E Forward = 59.5238 P/S = 24.1506
P/B = 6.4474
Revenue TTM = 223.9m USD
EBIT TTM = -171.8m USD
EBITDA TTM = 29.5m USD
Long Term Debt = 2.71b USD (from longTermDebt, last quarter)
Short Term Debt = 43.8m USD (from shortTermDebt, last quarter)
Debt = 2.77b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.14b USD (from netDebt column, last quarter)
Enterprise Value = 7.55b USD (5.41b + Debt 2.77b - CCE 628.3m)
Interest Coverage Ratio = -5.25 (Ebit TTM -171.8m / Interest Expense TTM 32.7m)
EV/FCF = -10.85x (Enterprise Value 7.55b / FCF TTM -695.9m)
FCF Yield = -9.22% (FCF TTM -695.9m / Enterprise Value 7.55b)
FCF Margin = -310.7% (FCF TTM -695.9m / Revenue TTM 223.9m)
Net Margin = -367.2% (Net Income TTM -822.2m / Revenue TTM 223.9m)
Gross Margin = -60.45% ((Revenue TTM 223.9m - Cost of Revenue TTM 359.3m) / Revenue TTM)
Gross Margin QoQ = none% (prev 42.57%)
Tobins Q-Ratio = 1.76 (Enterprise Value 7.55b / Total Assets 4.29b)
Interest Expense / Debt = 1.07% (Interest Expense 29.5m / Debt 2.77b)
Taxrate = 21.0% (US default 21%)
NOPAT = -135.7m (EBIT -171.8m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 3.79 (Total Current Assets 2.65b / Total Current Liabilities 699.1m)
Debt / Equity = 3.44 (Debt 2.77b / totalStockholderEquity, last quarter 805.5m)
Debt / EBITDA = 72.60 (Net Debt 2.14b / EBITDA 29.5m)
Debt / FCF = -3.07 (negative FCF - burning cash) (Net Debt 2.14b / FCF TTM -695.9m)
Total Stockholder Equity = 768.1m (last 4 quarters mean from totalStockholderEquity)
RoA = -31.95% (Net Income -822.2m / Total Assets 4.29b)
RoE = -107.0% (Net Income TTM -822.2m / Total Stockholder Equity 768.1m)
RoCE = -4.94% (EBIT -171.8m / Capital Employed (Equity 768.1m + L.T.Debt 2.71b))
RoIC = -7.70% (negative operating profit) (NOPAT -135.7m / Invested Capital 1.76b)
WACC = 12.82% (E(5.41b)/V(8.18b) * Re(18.95%) + D(2.77b)/V(8.18b) * Rd(1.07%) * (1-Tc(0.21)))
Discount Rate = 18.95% (= CAPM, Blume Beta Adj.) -> capped to 17.38%
Shares Correlation 3-Years: 100.0 | Cagr: 14.52%
[DCF] Fair Price = unknown (Cash Flow -695.9m)
EPS Correlation: 15.70 | EPS CAGR: 17.40% | SUE: 0.83 | # QB: 0
Revenue Correlation: 76.07 | Revenue CAGR: 61.85% | SUE: -4.0 | # QB: 0
EPS next Quarter (2026-06-30): EPS=-0.05 | Chg7d=+0.000 | Chg30d=-0.007 | Revisions Net=+0 | Analysts=2
EPS current Year (2026-12-31): EPS=-0.24 | Chg7d=+0.000 | Chg30d=+0.000 | Revisions Net=-1 | Growth EPS=-500.0% | Growth Revenue=+5.3%
EPS next Year (2027-12-31): EPS=0.54 | Chg7d=+0.000 | Chg30d=+0.000 | Revisions Net=+0 | Growth EPS=+325.0% | Growth Revenue=+263.0%
[Analyst] Revisions Ratio: -1.00 (0 Up / 1 Down within 30d for Current Year)
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