Cipher Mining Inc. (CIFR)
| Market Cap | 1.17B |
| Revenue (ttm) | 152.09M |
| Net Income (ttm) | -123.51M |
| Shares Out | 371.21M |
| EPS (ttm) | -0.37 |
| PE Ratio | n/a |
| Forward PE | 7.61 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 25,533,170 |
| Open | 3.185 |
| Previous Close | 2.980 |
| Day's Range | 3.100 - 3.330 |
| 52-Week Range | 1.860 - 7.990 |
| Beta | 2.62 |
| Analysts | Strong Buy |
| Price Target | 8.03 (+155.73%) |
| Earnings Date | May 6, 2025 |
About CIFR
Cipher Mining Inc., together with its subsidiaries, develops and operates industrial-scale data centers in the United States. The company was founded in 2021 and is headquartered in New York, New York. [Read more]
Financial Performance
In 2024, Cipher Mining's revenue was $151.27 million, an increase of 19.26% compared to the previous year's $126.84 million. Losses were -$44.64 million, 73.2% more than in 2023.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for CIFR stock is "Strong Buy." The 12-month stock price forecast is $8.03, which is an increase of 155.73% from the latest price.
News
Cipher Mining's Strategic Pivot To AI Hosting Draws Analyst Support
Canaccord Genuity analyst Joseph Vafi reiterated a Buy rating on Cipher Mining Inc. CIFR on Wednesday, maintaining an $8 price target, citing the company's unique positioning in both Bitcoin mining an...
Why I'm Still A Buyer Of Cipher Mining Even After The Selloff
Cipher Mining Inc.'s stock has dropped 40%, revealing underestimated risks in its core mining operations and overestimated revenue from high-performance computing initiatives. The company excels opera...
Cipher Mining Inc. (CIFR) Q1 2025 Earnings Call Transcript
Cipher Mining Inc. (NASDAQ:CIFR) Q1 2025 Results Conference Call May 6, 2025 8:00 AM ET Company Participants Courtney Knight - Head of Investor Relations Tyler Page - Chief Executive Officer Edward F...
Cipher Mining Provides First Quarter 2025 Business Update
First Quarter 2025 Revenue of $49m, up 16% quarter over quarter Signed term sheet with Fortress Credit Advisors to serve as the JV financing partner at Barber Lake Nearing completion of 150 MW Phase I...
Cipher Mining Announces April 2025 Operational Update
NEW YORK, May 02, 2025 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for April 2025.
Cipher Mining Announces March 2025 Operational Update
NEW YORK, April 04, 2025 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for March 2025.
US-listed bitcoin miners shed $5 billion in market cap amid 13% revenue slump
The combined market value of 14 US-listed bitcoin mining firms shrank by 25% in March, wiping out around $5 billion in investor wealth. This marks the third-worst monthly decline for the group since J...
Cipher Mining Hits 52-Week Low: Is There Any Hope For A Rebound?
Cipher Mining Inc. CIFR just sank to a fresh 52-week low of $2.55, extending its brutal downtrend.
Bitcoin Miners Ride The BTC Boom, But Costs Tell A Different Story: JPMorgan Analyst
Bitcoin BTC/USD miners just had one of their best quarters on record, but the real winners aren't just those mining the most coins – it's those keeping costs in check.
Cipher Mining Announces February 2025 Operational Update
NEW YORK, March 04, 2025 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for February 2025.
Still Bullish On Cipher Mining: High-Beta Play On Bitcoin With A Diversified Model
CIFR basically integrates Bitcoin mining with HPC hosting to reduce power costs using grid optimization. They have adopted a relatively aggressive expansion that now targets 2.6 GW capacity by 2027 th...
Cipher Mining (CIFR) Q4 2024 Earnings Call Transcript
Cipher Mining (CIFR) Q4 2024 Earnings Call Transcript
Cipher Mining Announces Date of Fourth Quarter and Full Year 2024 Business Update Conference Call
NEW YORK, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”) today announced it will provide a business update and release its fourth quarter and full yea...
Cipher Mining Announces January 2025 Operational Update
NEW YORK, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for January 2025.
SoftBank Just Supercharged Cipher Mining's Pivot Beyond Crypto
Cipher Mining Inc. received a $50 million investment from SoftBank, boosting its expansion into high-performance computing (HPC) data centers and increasing its stock by 22%. Despite a -20.97x P/E rat...
What made Cipher Mining (CIFR) stock rally 30% on Friday?
Cipher Mining Inc (NASDAQ: CIFR) has received $50 million in investment from SoftBank which it said will help it build more data centers in the United States. The Japanese investment firm bought over ...
Cipher Mining Stock Climbs on SoftBank Investment. Analysts Say It's ‘Sign of Things to Come.
Cipher Mining unveils a $50 million investment to support the development of data centers.
Cipher Mining Announces $50 Million PIPE Investment from SoftBank Group
SoftBank to purchase approximately 10.4 million shares of Cipher common stock for $50 million SoftBank to purchase approximately 10.4 million shares of Cipher common stock for $50 million
Cipher Mining Announces December 2024 Operational Update
NEW YORK, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for December 2024.
Bitcoin Miners CleanSpark, Cipher Mining Win JPMorgan Support For Growth, Efficiency Edge
JPMorgan doesn't often issue upgrades to two bitcoin miners at once, but that's exactly what happened on Tuesday with CleanSpark Inc CLSK and Cipher Mining Inc CIFR.
Cipher Mining Announces November 2024 Operational Update
NEW YORK, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for November 2024.
Cipher Mining (CIFR) Q3 2024 Earnings Call Transcript
Cipher Mining (NASDAQ:CIFR) Q3 2024 Earnings Conference Call October 31, 2024 8:00 AM ET Company Participants Joshua Kane - Head, IR Tyler Page - CEO Ed Farrell - CFO Conference Call Participants Mik...
Cipher Mining: A Bottom-Up Analysis, Q3 Earnings Outlook
Analyzing Bitcoin mining stocks like Cipher Mining requires a bottom-up approach at this stage of the Bitcoin market cycle. Cipher Mining's strategic hardware purchases and hosting capacity expansion ...
Cipher Mining Announces Date of Third Quarter 2024 Business Update Conference Call
NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”), a U.S.-based Bitcoin mining company, today announced it will provide a business update and r...