Cipher Mining Inc (CIFR)

NASDAQ
Currency in USD
5.900
+0.370(+6.69%)
Closed
After Hours
5.930+0.030(+0.508%)
CIFR Scorecard
Full Analysis
Net income is expected to grow this year
Fair Value
Day's Range
5.6056.410
52 wk Range
2.4007.990
Key Statistics
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Prev. Close
5.53
Open
5.68
Day's Range
5.605-6.41
52 wk Range
2.4-7.99
Volume
17.48M
Average Volume (3m)
10.5M
1-Year Change
150%
Book Value / Share
2
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
8.425
Upside
+42.80%
Members' Sentiments
Bearish
Bullish
ProTips
Quickly burning through cash
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Cipher Mining 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


Mining Momentum
Cipher Mining's strategic acquisitions and low-cost power focus drive impressive growth, with stock returns soaring 135.77% over the past yea
Financial Fortitude
Explore CIFR's robust financial health, featuring a 2.57 current ratio and ambitious hash rate growth projections reaching 35 EH/s by 2025
Market Volatility
Delve into the challenges CIFR faces, including cryptocurrency price fluctuations and increasing competition in the evolving mining landscape
Analyst Optimism
Learn about CIFR's bullish outlook, with price targets ranging from $9 to $11, reflecting confidence in the company's expansion strategy
Read full SWOT analysis

Cipher Mining Inc Earnings Call Summary for Q3/2024

  • 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: 01-11-2024, 09:24 pm
Read Full Transcript

Compare CIFR to Peers and Sector

Metrics to compare
CIFR
Peers
Sector
Relationship
P/E Ratio
−39.8x−9.9x11.6x
PEG Ratio
−0.76−0.180.01
Price/Book
3.1x1.3x2.4x
Price / LTM Sales
13.5x3.7x2.2x
Upside (Analyst Target)
39.8%42.5%22.6%
Fair Value Upside
Unlock−0.8%3.8%Unlock

Analyst Ratings

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

Analysts 12-Month Price Target:

Average 8.425
(+42.80% Upside)

Earnings

Latest Release
Oct 31, 2024
EPS / Forecast
-0.26 / -0.073
Revenue / Forecast
24.10M / 28.06M
EPS Revisions
Last 90 days

FAQ

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

The Cipher Mining stock price today is 5.90.

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 2.05B.

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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