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NASDAQ:CIFR

Cipher Mining (CIFR) Stock Price, News & Analysis

$2.70
-0.19 (-6.57%)
(As of 09/6/2024 ET)
Today's Range
$2.66
$2.98
50-Day Range
$2.70
$6.78
52-Week Range
$2.15
$7.99
Volume
8.39 million shs
Average Volume
8.87 million shs
Market Capitalization
$837.08 million
P/E Ratio
45.01
Dividend Yield
N/A
Price Target
$7.42

Cipher Mining MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
174.7% Upside
$7.42 Price Target
Short Interest
Healthy
10.93% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.33mentions of Cipher Mining in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$24.20 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.05) to ($0.02) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.43 out of 5 stars

Business Services Sector

103rd out of 303 stocks

Nondepository Credit Institutions Industry

12th out of 48 stocks

CIFR stock logo

About Cipher Mining Stock (NASDAQ:CIFR)

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.

CIFR Stock Price History

CIFR Stock News Headlines

Financial Analysis: Sphere 3D (NASDAQ:ANY) and Cipher Mining (NASDAQ:CIFR)
The death of Nvidia?
Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.
Cipher Mining's (CIFR) Overweight Rating Reiterated at Cantor Fitzgerald
Cipher Mining Announces August 2024 Operational Update
Cipher Mining Inc. (NASDAQ:CIFR) Short Interest Down 6.0% in August
The death of Nvidia?
Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.
Cipher Mining (NASDAQ:CIFR) Shares Gap Down to $4.01
Cantor Fitzgerald Remains a Buy on Cipher Mining (CIFR)
CIFR Aug 2024 1.000 call (CIFR240823C00001000)
See More Headlines
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Company Calendar

Last Earnings
8/13/2024
Today
9/07/2024
Next Earnings (Estimated)
11/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Nondepository credit institutions
Sub-Industry
Banking
Current Symbol
NASDAQ:CIFR
Fax
N/A
Employees
10
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.42
High Stock Price Target
$9.00
Low Stock Price Target
$6.00
Potential Upside/Downside
+174.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
8 Analysts

Profitability

Net Income
$-25,780,000.00
Pretax Margin
16.11%

Debt

Sales & Book Value

Annual Sales
$158.67 million
Cash Flow
$0.10 per share
Book Value
$2.10 per share

Miscellaneous

Free Float
303,053,000
Market Cap
$837.08 million
Optionable
Optionable
Beta
2.24
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Key Executives

  • Mr. Rodney Tyler Page (Age 48)
    CEO & Director
    Comp: $3.06M
  • Mr. Patrick Arthur Kelly (Age 44)
    Co-President & COO
    Comp: $1.61M
  • Mr. William Iwaschuk (Age 48)
    Co-President, Chief Legal Officer & Corporate Secretary
    Comp: $1.62M
  • Mr. Edward John Farrell CPA (Age 63)
    Chief Financial Officer
    Comp: $1.61M
  • Mr. Richard Carter Jr.
    Senior Accountant
  • Mr. Bryan Keller
    Chief Technology Officer
  • Ms. Olivia Stennett
    Chief Administrative Officer
  • Mr. Joshua Kane
    Head of Investor Relation
  • Mr. Samy Biyadi
    Head of Power
  • Ms. Courtney Frazier
    Head of Corporate Operations

CIFR Stock Analysis - Frequently Asked Questions

How have CIFR shares performed this year?

Cipher Mining's stock was trading at $4.13 at the beginning of 2024. Since then, CIFR shares have decreased by 34.6% and is now trading at $2.70.
View the best growth stocks for 2024 here
.

How were Cipher Mining's earnings last quarter?

Cipher Mining Inc. (NASDAQ:CIFR) posted its earnings results on Tuesday, August, 13th. The company reported ($0.05) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.05). The business earned $36.81 million during the quarter, compared to analysts' expectations of $39.17 million. Cipher Mining had a trailing twelve-month return on equity of 3.41% and a net margin of 11.43%.

Who are Cipher Mining's major shareholders?

Top institutional shareholders of Cipher Mining include Millennium Management LLC (1.72%), Van ECK Associates Corp (0.89%), Susquehanna International Group LLP and Bank of New York Mellon Corp (0.18%). Insiders that own company stock include Top Holdco BV Bitfury, Tyler Page, Cary M Grossman and William Iwaschuk.
View institutional ownership trends
.

How do I buy shares of Cipher Mining?

Shares of CIFR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CIFR) was last updated on 9/7/2024 by MarketBeat.com Staff

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