Cipher Mining Inc. (CIFR)
| Market Cap | 1.81B |
| Revenue (ttm) | 152.47M |
| Net Income (ttm) | -51.55M |
| Shares Out | 347.81M |
| EPS (ttm) | -0.17 |
| PE Ratio | n/a |
| Forward PE | 12.16 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 9,862,841 |
| Open | 5.71 |
| Previous Close | 5.73 |
| Day's Range | 5.19 - 5.72 |
| 52-Week Range | 2.16 - 7.99 |
| Beta | 2.30 |
| Analysts | Strong Buy |
| Price Target | 7.73 (+48.37%) |
| Earnings Date | Oct 31, 2024 |
About 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. [Read more]
Financial Performance
In 2023, Cipher Mining's revenue was $126.84 million, an increase of 4076.56% compared to the previous year's $3.04 million. Losses were -$25.78 million, -33.99% less than in 2022.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for CIFR stock is "Strong Buy." The 12-month stock price forecast is $7.73, which is an increase of 48.37% from the latest price.
News
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...
Undercovered Dozen: Burford Capital, Metlife, Garrett Motion, Kaspi +
The 'Undercovered' Dozen series highlights 12 undercovered stocks to provide another source for investment ideas and to encourage community discussion. Mosaic Company, a leading phosphate fertilizer p...
Cipher Mining Announces the Closing of its Acquisition of Barber Lake 300 MW Data Center Site
Completed acquisition of Barber Lake data center site, which includes 250 acres of land in West Texas, a newly constructed high-to-mid voltage substation, approvals for 300 MW, and agreements necessar...
Bitfury Group Announces Completion of Distribution of Cipher Mining Inc. Shares
AMSTERDAM , Sept. 11, 2024 /PRNewswire/ -- Bitfury Group ("Bitfury" or the "Company"), a leading full-service blockchain technology company, today announced that it has completed the final step of the...
Cipher Mining Announces August 2024 Operational Update
NEW YORK, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for August 2024.
Cipher Mining to Participate in the 4th Annual Needham Virtual Crypto Conference
NEW YORK, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”), a U.S.-based Bitcoin mining company, today announced it will participate in the 4th Annual Ne...
Cipher Mining Announces Acquisition of New 300 MW Data Center Site in West Texas
The immediately available 250-acre site includes a newly constructed high-to-mid voltage substation, approvals for 300 MW, and agreements necessary to participate in the ERCOT market
Cipher Mining (CIFR) Q2 2024 Earnings Call Transcript
Cipher Mining Inc. (NASDAQ:CIFR) Q2 2024 Earnings Conference Call August 13, 2024 8:00 AM ET Company Participants Tyler Page - Chief Executive Officer Ed Farrell - Chief Financial Officer Joshua Kane...
Cipher Mining Provides Second Quarter 2024 Business Update
Current hashrate of ~8.7 EH/s on target for ~13.5 EH/s by end of 2024 and ~35.0 EH/s by end of 2025 Acquiring additional 1.7 GW of power capacity suitable for HPC infrastructure or bitcoin mining Seco...
MicroStrategy, Cipher Mining, TeraWulf And Other Big Stocks Moving Lower In Monday's Pre-Market Session
U.S. stock futures were lower this morning, with the Dow futures falling around 700 points on Monday.
Cipher Mining Announces July 2024 Operational Update
NEW YORK, Aug. 02, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for July 2024.
Cipher Mining Announces Date of Second Quarter 2024 Business Update Conference Call
NEW YORK, July 29, 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...
Bitcoin mining company Cipher considering sale after takeover bid
Cipher, a prominent Bitcoin mining company that went public in 2021, is considering a potential sale after receiving a takeover bid. With a market capitalization exceeding $2 billion, Cipher is report...
Cipher Mining Announces June 2024 Operational Update
NEW YORK, July 02, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for June 2024.
Canaan Inc. Secures Large Avalon Miner A1566 Purchase Order From Cipher Mining Technologies Inc.
SINGAPORE , June 6, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that it has signed a large purc...
Cipher Mining Announces Significant Upgrades to its Mining Fleet and Increases Target Hash Rate and Fleet Efficiency for 2024 and 2025
New 2024 year-end self-mining hash rate target of ~13.5 EH/s with fleet efficiency of ~18.6 J/TH New 2025 year-end self-mining hash rate target of ~35 EH/s with fleet efficiency of ~15 J/TH Upgraded r...
Bitfury Group Commences Next Step of Non-Dilutive Distribution of Cipher Mining Inc. Shares
AMSTERDAM , May 16, 2024 /PRNewswire/ -- Bitfury Group ("Bitfury" or the "Company"), a leading full-service blockchain technology company, today announced that it has allocated the remaining part of a...
Cipher Mining to Participate in the 19th Annual Needham Technology, Media, & Consumer Conference
NEW YORK, May 09, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”), a U.S.-based Bitcoin mining company, today announced it will participate in the 19th Annual Ne...
Cipher Mining Inc. (CIFR) Q1 2024 Earnings Call Transcript
Cipher Mining Inc. (NASDAQ:CIFR) Q1 2024 Earnings Conference Call May 7, 2024 8:00 AM ET Company Participants Josh Kane - Head of Investor Relations Tyler Page - Chief Executive Officer Ed Farrell - ...
Cipher Mining Provides First Quarter 2024 Business Update
First Quarter 2024 GAAP Net Income of $40m, and Non-GAAP Adjusted Earnings of $63m First Quarter 2024 Revenues of $48m Current Self-Mining Hash Rate of ~7.7 EH/s and on track to reach ~9.3 EH/s by end...
Cipher Mining Announces April 2024 Operational Update
NEW YORK, May 01, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for April 2024.