NASDAQ · CIFR
Cipher Mining Inc.
Technology · Information Technology Services
$7.29▼ 10.00% ($0.81)at close
Pre-market$7.49▲ 2.74%6:08 AM ET
Market cap
$3.03B
P/E
N/M
EPS (TTM)
-$2.73
Valuation
Revenue & margin DCF
A cash-flow estimate wouldn't be reliable here
Every projected year produces negative free cash flow, so the model returns a negative enterprise value. A discounted-cash-flow valuation cannot be defended on those inputs, so it is not shown.
Only 4 of the five annual revenue periods are available; growth uses the observed fiscal-year spans. Latest quarterly growth differs materially from the latest annual pace. It remains an observed growth input; review whether acceleration or a change in the business explains it.
1 more note
Reported operating earnings and the comparable cash-flow estimate differ substantially; the model retains the reported-margin anchor.
Data notes
Only 4 of the five annual revenue periods are available; growth uses the observed fiscal-year spans. Latest quarterly growth differs materially from the latest annual pace. It remains an observed growth input; review whether acceleration or a change in the business explains it.
Reported operating earnings and the comparable cash-flow estimate differ substantially; the model retains the reported-margin anchor.
- 10-yr revenue CAGR
- 19.6%
- Ending operating margin
- 0.0%
- Discount rate
- 7.7%
USD · TTM ending Jun 30, 2026 · Price used $7.29 · Price Oct 30, 8:00 PM UTC
What each scenario assumes. Click a column to start from it.
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock fell 61.77% over the last year. Revenue grew 20.3% over the trailing twelve months. Operating margin moved from -99.24% to -202.95%. Free cash flow declined 186.61% over the trailing twelve months.
What the market seems to be pricing
The stock has moved lower against modestly weakening underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at -202.95%. A decisive move in revenue — currently up 20.3% — would be the clearest signal to resolve the ambiguity.
Return analysis
Company profile
Cipher Mining Inc. is a United States-based technology enterprise actively engaged in the Bitcoin mining sector.
Market multiples
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Analyst consensus
14
Buy
0
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Actuals vs estimates by quarter, or any quarter against the same one a year earlier.
Next report
Nov 2, 2026
Q3 FY26 · EPS est -$0.25 · Revenue est $39.3M
Same quarter, year over year
FY26 YTD n/mEach cell vs the same quarter a year earlier (the cell below) · Q1–Q2 combined -$0.93 vs -$0.23 · 0 of 2 quarters up
Q1
Q2
Q3
Q4
FY total
FY26
—
—
FY25
FY24
FY23
—
—
—
Fiscal year totals
- FY25
- -$2.16
- n/m
- FY24
- -$0.12
- —
n/m: last year’s figure was zero, a loss or too small to compare against
Q2 FY26
Reported Aug 4, 2026 · Latest
HoverTap a cell to inspect
Actual
-$0.65
Estimate
-$0.25
Year over year
n/m
Vs prior quarter
n/m
Institutional Sentiment
Cipher Mining Inc. · CIFR
From Form 13F filings (managers with $100M+). Filings land up to 45 days after quarter end — read this as positioning context, not live fund flow.