Cipher Mining Inc. (CIFR) Stock: Price, Forecast & Analyst Target
Cipher Mining Inc. (CIFR) — MoonshotScore 17/100 (Weak band), calculated Oct 8, 2026. Price $13.50 (-7.28%), as of the Oct 8, 2026 trading session; market cap $5.52B. Expected results Nov 2, 2026.
Educational signal · not a buy or sell recommendation · How to read this
Market value / cash and short-term investments: 1.36× (market value Oct 8, 2026; cash Jun 30, 2026) · expected results Nov 2, 2026
Cipher Mining Inc. · CIFR · NASDAQ · Technology · Information Technology Services
Research dated 2026-09-13: Cipher Mining builds and operates industrial-scale computing infrastructure dedicated entirely to securing the Bitcoin network in exchange for block rewards. Success depends directly on the company scaling its hashing capacity and securing cheap electricity fast enough to outrun the built-in reward reductions of the underlying protocol, particularly while managing a massive debt burden.
Price as of Oct 8, 2026
Key Statistics
MoonshotScore v2 · Cipher Mining (CIFR)
WeakWhy this rating? Method, drivers & history
Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.
- Business Quality — Is this a genuinely good business?
- Financial Safety — Could this blow up on me?
- Valuation — Am I paying a fair price?
- Growth Durability — Is the growth real and likely to last?
- Momentum — Is the market already moving on this?
Bottom-tier quality, a fragile balance sheet and stalling growth, and it’s expensive on top — broad distress, a capital-preservation call, not a value entry. Business Quality: Poor; Financial Safety: Fragile; Valuation: Bubble; Growth Durability: Shrinking; Momentum: Slipping.
- quarterly revenue $25M (Q2 FY2026, quarter ended Jun 30, 2026)
- EPS beat 2 of 8
- Altman Z 0.31 · Piotroski F 1
Holding back: weak fundamentals, balance-sheet strain, a rich price, soft growth
What has the MoonshotScore done over time?
| Recorded | Score | Band |
|---|---|---|
| 12 | Weak | |
| 11 | Weak | |
| 11 | Weak | |
| 11 | Weak | |
| 11 | Weak | |
| 11 | Weak |
The score moved from 11 in the stored Oct 7, 2026 snapshot to 17 in the current publication computed Oct 8, 2026 (+6); the largest pillar moves were Momentum -5. This current publication is not yet represented in the immutable snapshot archive.
Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.
Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →
Price & valuation
| Measure | Value | As of |
|---|---|---|
| Latest provided price | $13.50 | |
| Change on the day | -7.28% | |
| 52-week range | $11.72–$30.14 | |
| Market capitalisation | $5.52B | |
| Price / earnings (trailing) | 26.37 | |
| Shares traded on the day | 57.15M | |
| Beta (volatility vs the S&P 500) | 3.17 |
Price & events
Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file. Numbers key to the dated list. Point at or tab to any week for its close.
Events behind the price
- · Earnings results · above the recorded estimate
- · Earnings results · below the recorded estimate
- · Earnings results · below the recorded estimate
- · Earnings results · below the recorded estimate
Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.
Upcoming events
The provider's estimated date can change.
What to watch nextOther perspectives
Council score for Cipher Mining (CIFR): perspectives
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
9-Factor Breakdown
Legends Council
6 lenses, 0 current
AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Read on: Sep 8, 2026 · older than the 27 hours refresh window; not a current reading
Munger's Mindset
Balance Sheet & Valuation · historical
Read on: Apr 29, 2026 · older than the 27 hours refresh window; not a current reading
How to read these bars and different assessments
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.
On Apr 29, 2026, the Munger lens read the price at that time as fairly valued against its own estimate of value.
Readings on this page are from Oct 9, 2026, except a card that shows its own read date.
Watch the CIFR film — every key number, told as a short cinematic story
~2 min · open the film
What is Cipher Mining (CIFR), and what does it report?
Short answer · as of
Cipher Mining Inc. is a United States-based technology enterprise actively engaged in the Bitcoin mining sector. Its primary objective involves the development and expansion of cryptocurrency mining operations, specifically tailored for Bitcoin.
Research dated 2026-09-13.
The enterprise converts electricity and specialized computing hardware into newly minted cryptocurrency.
While categorized broadly as a technology services provider, the business model functions essentially as a digital commodity producer. Revenue simply measures the volume of coins successfully mined multiplied by the prevailing market price of the asset at the time it is earned.
Consequently, the top line swings wildly alongside broader cryptocurrency market cycles, rather than tracking software adoption or user growth.
What do the latest results show for Cipher Mining (CIFR)?
Short answer · as of
The most recent reported quarter, Q2 FY2026, carried revenue of $25M.
Research dated 2026-09-13.
Recent reporting periods show a sharp contraction in revenue and profitability, with the company falling to a gross loss.
This deterioration reflects the inherent squeeze of cryptocurrency mining, where network difficulty climbs steadily while asset prices remain volatile, compressing the margin between electricity costs and generated value.
To counter this, the company has heavily accelerated capital expenditures, plowing massive amounts of cash into new equipment to maintain its share of the global hash rate.
Where is operating spending going?
Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.
- Latest quarter · revenue
- $24.84M Jun 30, 2026
- Latest quarter · SG&A
- $16.48M Jun 30, 2026
- Latest quarter · FMP standardized operating result
- −$72.64M Jun 30, 2026
| Period end | Revenue | R&D | SG&A | FMP standardized operating result |
|---|---|---|---|---|
| Jun 30, 2026 | $24.84M | Not available | $16.48M | −$72.64M |
| Mar 23, 2026 | $34.84M | Not available | $11.74M | −$48.63M |
| Dec 31, 2025 | $59.71M | Not available | $10.19M | −$228.94M |
| Sep 30, 2025 | $71.71M | Not available | $8.17M | −$37.62M |
USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.
Did results meet expectations?
Reported earnings and revenue alongside the estimates recorded by the provider.
- Latest report · revenue
- $24.84M Aug 4, 2026
- Latest report · revenue estimate
- $31.86M Aug 4, 2026
- Latest report · revenue vs estimate
- Below estimate Aug 4, 2026
- Latest report · EPS vs estimate
- Below estimate Aug 4, 2026
| Report date | Revenue · reported | Revenue · estimate | EPS · reported | EPS · estimate |
|---|---|---|---|---|
| Aug 4, 2026 | $24.84M | $31.86M | −$0.6500 | −$0.2474 |
| May 5, 2026 | $34.84M | $36.12M | −$0.2800 | −$0.2700 |
| Feb 24, 2026 | $60.00M | $86.05M | −$1.9200 | −$0.1200 |
| Nov 3, 2025 | $71.71M | $87.17M | −$0.0100 | −$0.0800 |
Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.
Quarterly income statement — 4 quarters
| Period | Revenue | Net income | EPS |
|---|---|---|---|
| Q2 FY2026 | $25M | -$268M | -$0.65 (diluted) |
| Q1 FY2026 | $35M | -$114M | -$0.28 (diluted) |
| Q4 FY2025 | $60M | -$734M | -$1.93 (diluted) |
| Q3 FY2025 | $72M | -$3M | -$0.01 (diluted) |
What are the financial strengths and risks for Cipher Mining (CIFR)?
Short answer
Cash and short-term investments were $4.06B at the Jun 30, 2026 balance-sheet date. Operating cash flow was −$243.54M for the quarter ended Jun 30, 2026, meaning operations used cash. These figures do not establish a cash runway.
Research dated 2026-09-13.
The balance sheet pairs an enormous stockpile of cash and short-term investments with a towering total debt load.
Although current liquidity easily covers the prevailing operational cash burn and provides an extended runway, the aggressive capital spending required to buy newer, more efficient machines drains resources rapidly.
The primary risk is a prolonged depression in cryptocurrency prices combined with rising energy costs, which would force the company to service its debt while generating negative cash flow from operations.
Data-derived red flags
- Financial-distress signal — its Altman Z-Score of 0.31 sits in the distress zone (elevated bankruptcy risk).
- Inconsistent delivery — missed Wall Street EPS estimates in 4 of the last 8 reported quarters.
- Weak fundamentals — a Piotroski F-Score of 1/9 flags soft profitability, leverage or efficiency.
How much cash does the business generate or use?
Quarterly operating cash flow shows cash generated or used by operations.
- Latest quarter · operating cash flow
- −$243.54M Jun 30, 2026
- Previous quarter · operating cash flow
- $91.53M Mar 31, 2026
| Period end | Operating cash flow | Capital expenditure (reported) |
|---|---|---|
| Jun 30, 2026 | −$243.54M | −$410.27M |
| Mar 31, 2026 | $91.53M | −$553.99M |
| Dec 31, 2025 | −$54.43M | −$230.12M |
| Sep 30, 2025 | −$50.05M | −$45.13M |
Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.
USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.
What should you watch next at Cipher Mining (CIFR)?
Short answer · as of
The next earnings report is expected on Nov 2, 2026.
Research dated 2026-09-13.
Analysts expect aggressive top-line expansion in upcoming cycles, banking on newly deployed mining rigs coming online and generating returns.
Observers should track the upcoming earnings reports to see if the recent string of operating losses reverses as these capital investments activate.
Additionally, recent corporate filings point to material new agreements, which often signal site expansions or fresh equipment financing that will dictate future production capacity.
How does Cipher Mining compare with its peers?
Short answer
Cipher Mining's score ranks 13th of 13 in the bounded comparison shown, against 12 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.
Research dated 2026-09-13.
Unlike diversified technology infrastructure providers or cryptocurrency exchanges that collect fee revenue, this operation is a pure-play bet on the price of a specific digital asset.
The firm carries unusually high institutional backing compared to smaller mining peers, with heavy accumulation occurring recently by major asset managers.
This concentrates ownership among professional allocators who often use the stock as a proxy for cryptocurrency exposure rather than evaluating it strictly on traditional operating margins.
| Company | Price | Market value | Score |
|---|---|---|---|
| $202.74 Oct 8, 2026 | $7.61B | 88 5-pillar Oct 8, 2026 | |
| $31.92 Oct 8, 2026 | $4.01B | 86 5-pillar Oct 8, 2026 | |
| $34.67 Oct 8, 2026 | $5.70B | 83 5-pillar Oct 8, 2026 | |
| $58.45 Oct 8, 2026 | $5.57B | 82 5-pillar Oct 8, 2026 | |
| $113.86 Oct 8, 2026 | $5.95B | 82 5-pillar Oct 8, 2026 | |
| $26.48 Oct 8, 2026 | $5.10B | 82 5-pillar Oct 8, 2026 | |
| $36.87 Oct 8, 2026 | $5.59B | 80 5-pillar Oct 8, 2026 | |
| $129.71 Oct 8, 2026 | $5.48B | 70 5-pillar Oct 8, 2026 | |
| $44.40 Oct 8, 2026 | $9.03B | 66 5-pillar Oct 8, 2026 | |
| $30.44 Oct 8, 2026 | $5.93B | 45 5-pillar Oct 8, 2026 | |
| $27.60 Oct 8, 2026 | $6.36B | 41 5-pillar Oct 8, 2026 | |
| $166.70 Oct 8, 2026 | $10.2B | 35 5-pillar Oct 8, 2026 | |
| Cipher Mining (CIFR) — this page | $13.50 | $5.52B | 17 |
Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.
The records behind this page
Analyst targets & estimates
What analysts have on file
- Price target, low to high
- $18.00 – $54.00
- Consensus target
- $29.80
- Median target
- $28.50
Consensus record · Captured .
Measured against a quoted price of $13.50 (as of Oct 8, 2026).
Insider activity
Form 4 records via FMP · Of the newest 60 records, those within the last 180 days, newest dated Oct 5, 2026
- Transactions
- 60
- Identified insiders
- 6
- Purchases
- 0
- Sales
- 3
- Other transactions
- 57
Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.
Who holds the shares?
Institutional ownership reported through 13F filings.
- Institutional ownership
- 91.4% Period end Jun 30, 2026
- Previous quarter · ownership
- 76.6% Prior to period end Jun 30, 2026
- Reporting holders
- 544 Period end Jun 30, 2026
- Previous quarter · holders
- 432 Prior to period end Jun 30, 2026
| Holders in provider snapshot | Shares |
|---|---|
| V3 Holding Ltd | 58,316,694 |
| Blackrock, INC. | 30,414,668 |
| Vanguard Portfolio Management LLC | 24,124,026 |
| Ubs Group AG | 22,858,058 |
| D. E. Shaw & Co., INC. | 17,740,400 |
Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.
What has been published about Cipher Mining (CIFR)?
Common Questions About CIFR (Technology)
Research dated 2026-09-13; the full attribution is under Sources. The last 2 questions are answered from this page's own dated data, not from the research.
Why does Cipher Mining report persistent gross losses despite holding massive cash reserves?
The cash position comes largely from financing activities rather than operational success. Generating revenue requires running power-intensive hardware, and recent periods show the cost of that electricity and facility upkeep exceeding the fiat value of the mined rewards, resulting in a gross loss before administrative costs are even counted.
How are insiders reacting to the recent capital expenditure expansion?
Corporate officers and directors have been consistent net sellers of the stock over the recent observation window. Multiple distinct insiders executed sales across various dates, reducing their holdings while the company was simultaneously making major equipment purchase commitments.
Why are Wall Street analysts positive on a business with negative cash flow?
Covering analysts unanimously maintain bullish ratings, largely because their models project massive revenue growth in upcoming periods as new data centers activate. These projections assume the newly installed infrastructure will drastically increase the total block reward yield, eventually overpowering the current heavy capital burn.
What do the latest material agreements in the corporate filings suggest about future capacity?
The company regularly files disclosures detailing new material definitive agreements, which in this industry typically involve securing power purchase contracts or executing massive hardware delivery orders. These agreements are the leading indicator of how much computing capacity the firm will deploy in subsequent periods to combat rising network difficulty.
What is the CIFR stock price today?
The last price recorded on this page for Cipher Mining Inc. (CIFR) is $13.50, as of the Oct 8, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.
What is the CIFR price target?
The analyst consensus price target for Cipher Mining Inc. (CIFR) is $29.80 (range $18.00 to $54.00, median $28.50), per FMP data captured Oct 8, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Research written by Codex (gpt-5.6-sol) on 2026-09-13. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.
Sources — records for every figure on this page (79 figures)
The 79 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.
"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.
OFFICIAL — 1 fact from SEC filings and earnings calls
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
id.hq | SEC filing business address | 1 Vanderbilt Avenue, Floor 54, NEW York, NY, 10017 | OFFICIAL | SEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "1 Vanderbilt Avenue, New York City, NY, 10017, US". |
FMP — 71 facts from Financial Modeling Prep endpoint families
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
earn.next | Next earnings date | Nov 2, 2026 | FMP | Financial Modeling Prep (FMP) earnings calendar — The date is our provider's estimate until the company confirms it. | |
px.last | Latest provided price | $13.50 | FMP | Financial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-08T22:14:23.145Z. | |
px.change | Change on the day | -7.28% | FMP | Financial Modeling Prep (FMP) · quote | |
px.mcap | Market capitalisation | $5.52B | FMP | Financial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-08. FMP quote timestamp: 2026-10-08T20:00:01.000Z. Captured from FMP at 2026-10-08T22:14:22.140Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares. | |
px.change_abs | Change on the day, in dollars | −$1.06 | FMP | Financial Modeling Prep (FMP) · quote | |
fin.q_revenue | Revenue, Q2 FY2026 | $25M | FMP | Financial Modeling Prep (FMP) · income statement (quarterly) | |
px.range52 | 52-week range | $11.72–$30.14 | FMP | Financial Modeling Prep (FMP) quote | |
px.pe | Price / earnings (trailing) | 26.37 | FMP | Financial Modeling Prep (FMP) · quote | |
px.volume | Shares traded on the day | 57.15M | FMP | Financial Modeling Prep (FMP) · quote | |
px.beta | Beta | 3.17 | FMP | Financial Modeling Prep (FMP) company profile | |
id.business_summary | Business description (FMP excerpt) | Cipher Mining Inc. is a United States-based technology enterprise actively engaged in the Bitcoin mining sector. Its primary objective involves the development and expansion of cryptocurrency mining operations, specifically tailored for Bitcoin. | FMP | Financial Modeling Prep (FMP) company profile — Deterministic excerpt derived from id.description; source and date describe the input fact, not a new provider observation | |
id.ceo | Chief executive | Rodney Tyler Page | FMP | Financial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it. | |
id.employees | Employees | 66 | FMP | Financial Modeling Prep (FMP) employee count, from the company's filing | |
fin.annual | Revenue and net result by fiscal year | 5 fiscal years, FY2021 through FY2025: FY2021 revenue $0.00, net result −$72.15M; FY2022 revenue $3.04M, net result −$39.05M; FY2023 revenue $126.84M, net result −$25.78M; FY2024 revenue $151.27M, net result −$44.63M; FY2025 revenue $223.94M, net result −$822.24M | FMP | Financial Modeling Prep (FMP), from the company's 10-K income statements | |
fin.rev_mix | Reported revenue segments | Bitcoin Mining $223.94M | FMP | Financial Modeling Prep (FMP) revenue segmentation, from the company's 10-K | |
fin.gross_margin | Gross margin (trailing twelve months) | -20.0% | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero. | |
fin.q_table.depth.2026-06-30.revenue_k | Revenue — period end 2026-06-30 | $24.84M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-06-30.sga_k | SG&A — period end 2026-06-30 | $16.48M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-06-30.operating_result_k | FMP standardized operating result — period end 2026-06-30 | −$72.64M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-03-23.revenue_k | Revenue — period end 2026-03-23 | $34.84M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-03-23.sga_k | SG&A — period end 2026-03-23 | $11.74M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-03-23.operating_result_k | FMP standardized operating result — period end 2026-03-23 | −$48.63M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-12-31.revenue_k | Revenue — period end 2025-12-31 | $59.71M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-12-31.sga_k | SG&A — period end 2025-12-31 | $10.19M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-12-31.operating_result_k | FMP standardized operating result — period end 2025-12-31 | −$228.94M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-09-30.revenue_k | Revenue — period end 2025-09-30 | $71.71M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-09-30.sga_k | SG&A — period end 2025-09-30 | $8.17M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-09-30.operating_result_k | FMP standardized operating result — period end 2025-09-30 | −$37.62M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
earn.history.depth.2026-08-04.revenue_actual | Revenue · reported — report date 2026-08-04 | $24.84M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-08-04.revenue_estimated | Revenue · estimate — report date 2026-08-04 | $31.86M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-08-04.eps_actual | EPS · reported — report date 2026-08-04 | −$0.6500 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-08-04.eps_estimated | EPS · estimate — report date 2026-08-04 | −$0.2474 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-05-05.revenue_actual | Revenue · reported — report date 2026-05-05 | $34.84M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-05-05.revenue_estimated | Revenue · estimate — report date 2026-05-05 | $36.12M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-05-05.eps_actual | EPS · reported — report date 2026-05-05 | −$0.2800 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-05-05.eps_estimated | EPS · estimate — report date 2026-05-05 | −$0.2700 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-02-24.revenue_actual | Revenue · reported — report date 2026-02-24 | $60.00M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-02-24.revenue_estimated | Revenue · estimate — report date 2026-02-24 | $86.05M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-02-24.eps_actual | EPS · reported — report date 2026-02-24 | −$1.9200 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-02-24.eps_estimated | EPS · estimate — report date 2026-02-24 | −$0.1200 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-11-03.revenue_actual | Revenue · reported — report date 2025-11-03 | $71.71M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-11-03.revenue_estimated | Revenue · estimate — report date 2025-11-03 | $87.17M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-11-03.eps_actual | EPS · reported — report date 2025-11-03 | −$0.0100 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-11-03.eps_estimated | EPS · estimate — report date 2025-11-03 | −$0.0800 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
fin.q_table | Quarterly income statement | 4 quarters through Q2 FY2026 | FMP | Financial Modeling Prep (FMP) · income statement (quarterly), as filed | |
fin.cash_investments | Cash and short-term investments | $4.06B | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. | |
fin.opcf_latest | Latest-quarter operating cash flow | −$243.54M | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2026-06-30. Negative operating cash flow means cash used. This figure is not a cash-runway estimate. | |
fin.long_term_investments | Long-term investments (classification unverified) | $542.75M | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | |
fin.total_debt | Total debt | $5.59B | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | |
fin.price_to_book | Price to book value | 10.60× | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero. | |
fin.opcf.depth.2026-06-30.operating_cash_flow_m | Operating cash flow — period end 2026-06-30 | −$243.54M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-03-31.operating_cash_flow_m | Operating cash flow — period end 2026-03-31 | $91.53M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-06-30.capex_m | Capital expenditure (reported) — period end 2026-06-30 | −$410.27M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-03-31.capex_m | Capital expenditure (reported) — period end 2026-03-31 | −$553.99M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-12-31.operating_cash_flow_m | Operating cash flow — period end 2025-12-31 | −$54.43M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-12-31.capex_m | Capital expenditure (reported) — period end 2025-12-31 | −$230.12M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-09-30.operating_cash_flow_m | Operating cash flow — period end 2025-09-30 | −$50.05M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-09-30.capex_m | Capital expenditure (reported) — period end 2025-09-30 | −$45.13M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
earn.pt_range | Analyst price target, low to high | $18.00 – $54.00 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 8, 2026 · Coverage not supplied | |
earn.pt_consensus | Consensus analyst price target | $29.80 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 8, 2026 · Coverage not supplied | |
earn.pt_median | Median analyst price target | $28.50 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 8, 2026 · Coverage not supplied | |
own.insiders | Insider transactions via FMP | 60 transactions · 0 purchases, 3 sales, 57 other transactions · 6 identified insiders · of the newest 60 records, those within the last 180 days, newest dated Oct 5, 2026 | FMP | Financial Modeling Prep (FMP), carrying Form 4 transaction records — Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent. | |
own.institutions.depth.ownership_pct | Institutional ownership | 91.4% | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026 | |
own.institutions.depth.ownership_pct_previous_quarter | Previous quarter · ownership | 76.6% | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026 | |
own.institutions.depth.holders | Reporting holders | 544 | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026 | |
own.institutions.depth.holders_previous_quarter | Previous quarter · holders | 432 | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026 | |
own.top_holders.depth.holder_0.shares | V3 Holding Ltd — shares in provider snapshot | 58,316,694 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_1.shares | Blackrock, INC. — shares in provider snapshot | 30,414,668 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_2.shares | Vanguard Portfolio Management LLC — shares in provider snapshot | 24,124,026 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_3.shares | Ubs Group AG — shares in provider snapshot | 22,858,058 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_4.shares | D. E. Shaw & Co., INC. — shares in provider snapshot | 17,740,400 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. |
UNRECORDED — 2 facts from stored observations whose source was not recorded
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
earn.history | Reported versus estimated, recent quarters | EPS beat 2 of 8 | UNRECORDED | Stored earnings-history observation — Captured 2026-10-05 · Expired observation | |
fin.scores | Distress and quality screens | Altman Z 0.31 · Piotroski F 1 | UNRECORDED | Stored financial-scores observation — Captured 2026-10-08 |
COMPUTED — 3 facts from our arithmetic, formula restated
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
fin.mcap_to_cash | Market value per dollar of cash and short-term investments | 1.36× | — | COMPUTED | Computed on this page from the figures above — The market capitalisation printed on this page divided by cash and short-term investments of $4.06B at Jun 30, 2026. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. Market cap record date: 2026-10-08. Balance-sheet reference date: 2026-06-30. The inputs do not establish a single common source date for this ratio. |
earn.history.depth.2026-08-04.revenue_actual.comparison | Latest report · revenue vs estimate | Below estimate | Report date · | COMPUTED | Computed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($24.84M) with the recorded estimate ($31.86M) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns. |
earn.history.depth.2026-08-04.eps_actual.comparison | Latest report · EPS vs estimate | Below estimate | Report date · | COMPUTED | Computed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS (−$0.6500) with the recorded estimate (−$0.2474) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns. |
OURS — 2 facts from Stock Expert AI's own score and rank
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
ours.moonshot | MoonshotScore v2 | 17 of 100 · Weak · pillars 7 / 6 / 4 / 14 / 35 | OURS | Stock Expert AI MoonshotScore v2 engine | |
ours.moonshot_change | MoonshotScore movement | 11 (stored snapshot Oct 7, 2026) → 17 (current publication computed Oct 8, 2026) (+6) | OURS | Stock Expert AI current score publication and immutable score snapshots — The current score publication is not yet represented in the immutable snapshot archive. |
Fact-family notes
- Quarterly statement note. Source series as of 2026-06-30. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs:
fin.q_table.depth.2026-06-30.revenue_k,fin.q_table.depth.2026-06-30.sga_k,fin.q_table.depth.2026-06-30.operating_result_k,fin.q_table.depth.2026-03-23.revenue_k,fin.q_table.depth.2026-03-23.sga_k,fin.q_table.depth.2026-03-23.operating_result_k,fin.q_table.depth.2025-12-31.revenue_k,fin.q_table.depth.2025-12-31.sga_k,fin.q_table.depth.2025-12-31.operating_result_k,fin.q_table.depth.2025-09-30.revenue_k,fin.q_table.depth.2025-09-30.sga_k,fin.q_table.depth.2025-09-30.operating_result_k. - Earnings-history note. Source series as of 2026-08-04. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs:
earn.history.depth.2026-08-04.revenue_actual,earn.history.depth.2026-08-04.revenue_estimated,earn.history.depth.2026-08-04.revenue_actual.comparison,earn.history.depth.2026-08-04.eps_actual.comparison,earn.history.depth.2026-08-04.eps_actual,earn.history.depth.2026-08-04.eps_estimated,earn.history.depth.2026-05-05.revenue_actual,earn.history.depth.2026-05-05.revenue_estimated,earn.history.depth.2026-05-05.eps_actual,earn.history.depth.2026-05-05.eps_estimated,earn.history.depth.2026-02-24.revenue_actual,earn.history.depth.2026-02-24.revenue_estimated,earn.history.depth.2026-02-24.eps_actual,earn.history.depth.2026-02-24.eps_estimated,earn.history.depth.2025-11-03.revenue_actual,earn.history.depth.2025-11-03.revenue_estimated,earn.history.depth.2025-11-03.eps_actual,earn.history.depth.2025-11-03.eps_estimated. - Cash-flow note. Source series as of 2026-06-30. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs:
fin.opcf.depth.2026-06-30.operating_cash_flow_m,fin.opcf.depth.2026-03-31.operating_cash_flow_m,fin.opcf.depth.2026-06-30.capex_m,fin.opcf.depth.2026-03-31.capex_m,fin.opcf.depth.2025-12-31.operating_cash_flow_m,fin.opcf.depth.2025-12-31.capex_m,fin.opcf.depth.2025-09-30.operating_cash_flow_m,fin.opcf.depth.2025-09-30.capex_m.
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- sedat@stockexpertai.com
Sources used for research written 2026-09-13
Historical evidence preserved with this analysis. Current figures are listed separately above.
| Evidence | Captured value | Source date | Source type | Source |
|---|---|---|---|---|
| Business description | Cipher Mining Inc. is a United States-based technology enterprise actively engaged in the Bitcoin mining sector. Its primary objective involves the development and expansion of cryptocurrency mining operations, specifically tailored for Bitcoin. Established in 2021, the company maintains its headquarters in New York, New York. | 2026-09-13 | FMP | Financial Modeling Prep (FMP) company profile |
| Revenue by segment | Bitcoin Mining: $223.94M | 2025-12-31 | FMP | Financial Modeling Prep (FMP) revenue segmentation, from the company's 10-K |
| Cash, investments and debt | Total debt: $5.59B; Liquidity basis: cash and short-term investments; Total liabilities: $6.91B; Cash and short-term investments: $4.06B; Cash and investments: $4.60B; Long-term investments: $542.75M; Long-term investments classification: unclassified Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | 2026-06-30 | FMP | Financial Modeling Prep (FMP), from the company's balance sheet |
| Sector / industry (provider taxonomy) | Technology / Information Technology Services The company's SEC filings classify it under SIC 6199 — Finance Services. | 2026-09-13 | FMP | Financial Modeling Prep (FMP) company profile |
| Quarterly income statement (USD thousands) | Captured record · 8 entries
| 2026-06-30 | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements |
| Operating cash flow by quarter (USD millions) | Captured record · 8 entries
| 2026-06-30 | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements |
| Cash and short-term investments over time (USD millions) | Captured record · 8 entries
| 2026-06-30 | FMP | Financial Modeling Prep (FMP), from the company's quarterly balance sheets |
| Cash runway cross-check (ours) | Years: 4; Method: cash and short-term investments of $4058.1M at 2026-06-30 divided by the annualized rate at which operations and capital spending used cash ($1009M per year); Reaches: 2030-06; Cash basis: cash and short-term investments; Cash: $4.06B; Annualized cash use: $1.01B Rate taken from operating cash flow less capital expenditure over the 8 most recent reported quarters, annualized.; Measured from operations, not from the change in the cash balance — a company that raised money during the window would otherwise appear to be burning less than it is.; Assumes that rate continues unchanged: it ignores announced cost reductions, financing already arranged and any change in spending.; Assumes the reported cash and short-term investments are realizable for funding operations; restrictions and timing of access are not established by these provider fields. Long-term investments are excluded.; It is a cross-check, not a forecast, and the company's own statement about its runway outranks it. | 2026-06-30 | COMPUTED | Computed from reported cash flow; assumptions stated |
| Trailing twelve-month ratio set | Quick ratio: 2.97; Current ratio: 3; Debt to equity: 9.94; Net margin: -585.8%; Gross margin: -20%; Operating margin: -202.9%; Return on assets: -14.9%; Return on equity: -156.3% Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero. | 2026-09-13 | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm |
| Analyst revenue and earnings estimates (average) | Captured record · 4 entries
| 2026-09-13 | FMP | Financial Modeling Prep (FMP) analyst estimates |
| Next earnings report | Date: 2026-11-02; EPS estimate: -$0.23701 per share; Revenue estimate: $37.60M The date is our provider's estimate until the company confirms it. | 2026-09-13 | FMP | Financial Modeling Prep (FMP) earnings calendar |
| Recent SEC filings |
| 2026-08-04 | OFFICIAL | SEC EDGAR filer submissions |
| Institutional ownership (13F) | Holders: 544; Quarter: 2026-06-30; Ownership: 91.4%; Holders previous quarter: 432; Ownership previous quarter: 76.6 13F filings are quarterly and lag the quarter end by up to 45 days. | 2026-06-30 | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings |
| Largest 5 institutional holders | Captured record · 5 entries
| 2026-06-30 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings |
| Insider transactions, last 180 days | Net shares: -2,681,208; Window days: 180; Price low: $20.96; Clustered days: 2026-06-03; 2026-06-14; 2026-06-16; 2026-06-30; Price high: $29.43; Buy transactions: 0; Distinct insiders: 11; Sell transactions: 11; Other transactions: 49; Total transactions: 60; Other transaction types: A-Award: 6, J-Other: 1, F-InKind: 14, M-Exempt: 28; Unknown direction transactions: 0 Purchase and sale counts require explicit provider transaction types, without a conflicting acquisition/disposition direction. Other transactions retain their provider type; awards, exercises, gifts and in-kind transactions are not counted as purchases or sales. Net shares sums acquired minus disposed shares across direction-known records, including other transaction types; unknown directions are excluded. It is not net purchases or a verified change in beneficial ownership. Named-insider counts, same-day clusters and positive reported prices cover all retained records. Filing dates are used only when transaction dates are absent. Neither timing nor price establishes motive or whether a transaction was on the open market. | 2026-07-09 | FMP | Financial Modeling Prep (FMP) insider transactions, from Form 4 filings |
| Named officers | CEO: Rodney Tyler Page; Officers: Rodney Tyler Page — Title: Chief Executive Officer & Director, Pay: $2.49M, Born: 1976; Gregory Mumford — Title: Chief Financial Officer, Pay: $507,955, Born: 1993; William Iwaschuk — Title: Co-President, Chief Legal Officer & Corporate Secretary, Pay: $1.33M, Born: 1976; Bryan Keller — Title: Chief Technology Officer; Daniel Cho — Title: Director of Corporate Development & Strategy; John Franceski — Title: Chief Accounting Officer; Patrick Arthur Kelly — Title: Co-President & Chief Operating Officer, Pay: $1.33M, Born: 1980; Samy Biyadi — Title: Head of Origination & Leasing Titles and pay come from the company's proxy statement as our provider parsed it. | 2026-09-13 | FMP | Financial Modeling Prep (FMP) key executives (proxy-derived) |
| Analyst actions, most recent per firm | Captured record · 10 entries
One row per firm — the firm's most recent action in our feed. Other data vendors may carry firms ours does not. | 2026-09-10 | FMP | Financial Modeling Prep (FMP) analyst grades |
Data provided for informational purposes only.
ETFs that hold CIFR
Funds in our ETF coverage that list CIFR among the top 10 holdings on their fund page, largest weight first. Each weight is the fund's reported holding weight as of the date in its row.
| ETF | Weight | Holdings as of |
|---|---|---|
| TEKX ETF | 6.42% | |
| BLOX ETF | 4.67% |