Cipher Digital Inc. (CIFR)
| Market Cap | 3.13B -68.0% |
| Revenue (ttm) | 146.09M -29.2% |
| Net Income | -1.08B |
| EPS | -2.67 |
| Shares Out | 456.37M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 26,923,269 |
| Open | 6.43 |
| Previous Close | 6.55 |
| Day's Range | 6.16 - 7.09 |
| 52-Week Range | 5.07 - 30.14 |
| Beta | 3.54 |
| Analysts | Strong Buy |
| Price Target | 24.05 (+251.1%) |
| Earnings Date | Nov 2, 2026 |
About CIFR
Cipher Digital Inc., together with its subsidiaries, develops and operates industrial-scale data centers for bitcoin mining and high-performance compute (HPC) hosting in the United States. It develops HPC data center facilities across various sites for hyperscaler tenants; operates power at one bitcoin mining data center; and maintains a pipeline across various sites. The company was formerly known as Cipher Mining Inc. and change its name to Cipher Digital Inc. in February 2026. The company was founded in 2021 and is headquartered in New York,... [Read more]
Financial Performance
In 2025, Cipher Digital's revenue was $223.94 million, an increase of 48.04% compared to the previous year's $151.27 million. Losses were -$822.24 million, 1742.2% more than in 2024.
Financial StatementsAnalyst Summary
According to 22 analysts, the average rating for CIFR stock is "Strong Buy." The 12-month stock price target is $24.05, which is an increase of 251.10% from the latest price.
News
Cipher Mining price target lowered to $27.50 from $51.50 at Morgan Stanley
Morgan Stanley analyst Stephen Byrd lowered the firm’s price target on Cipher Mining (CIFR) to $27.50 from $51.50 and keeps an Overweight rating on the shares.
Cipher Mining price target lowered to $28 from $32 at Clear Street
Clear Street lowered the firm’s price target on Cipher Mining (CIFR) to $28 from $32 and keeps a Buy rating on the shares. The company reported “noisy” Q3 results, but…
Cipher Mining price target lowered to $15 from $23 at Bernstein
Bernstein lowered the firm’s price target on Cipher Mining (CIFR) to $15 from $23 and keeps an Outperform rating on the shares. Gina Hinojosa defeated Greg Abbott in a historic…
Cipher Mining downgraded to Market Perform from Outperform at Keefe Bruyette
Keefe Bruyette analyst Stephen Glagola downgraded Cipher Mining (CIFR) to Market Perform from Outperform with a price target of $9.50, down from $11. The firm downgraded both Cipher Mining and…
Cipher Mining price target lowered to $30 from $35 at Macquarie
Macquarie lowered the firm’s price target on Cipher Mining (CIFR) to $30 from $35 and keeps an Outperform rating on the shares.
Cipher Mining price target lowered to $14 from $27.50 at Northland
Northland lowered the firm’s price target on Cipher Mining (CIFR) to $14 from $27.50 and keeps an Outperform rating on the shares. The firm believes additional spending at Barber Lake…
Cipher Mining price target lowered to $15 from $19 at Cantor Fitzgerald
Cantor Fitzgerald analyst Brett Knoblauch lowered the firm’s price target on Cipher Mining (CIFR) to $15 from $19 and keeps an Overweight rating on the shares. Cipher Mining’s Q3 results…
Cipher Mining price target lowered to $15 from $25 at Wells Fargo
Wells Fargo lowered the firm’s price target on Cipher Mining (CIFR) to $15 from $25 and keeps an Overweight rating on the shares. The firm notes the company’s Q3 results…
Cipher Mining price target lowered to $18 from $22 at JPMorgan
JPMorgan analyst Richard Choe lowered the firm’s price target on Cipher Mining (CIFR) to $18 from $22 and keeps an Overweight rating on the shares post the Q3 report. The…
Cipher Mining selloff brings attractive entry point, says H.C. Wainwright
H.C. Wainwright analyst Mike Colonnese says the recent pullback in shares of Cipher Mining (CIFR) creates an attractive buying opportunity. The firm says strong tenant demand and proven financing capa...
Cipher Digital Earnings Call Transcript: Q3 2026
Three contracted HPC campuses represent $16.6B in contracted revenue, while the portfolio totals 6.8 GW. Q3 included first HPC lease revenue, and post-quarter financing funded Barber Lake's expanded lease and completed-project needs.
Cipher Digital Earnings release: Q3 2026
Cipher Digital released its Q3 2026 earnings on November 2, 2026, summarizing the period's financial results.
Cipher Digital Slides: Q3 2026
Cipher Digital has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on November 2, 2026.
Cipher Digital Quarterly report: Q3 2026
Cipher Digital has published its Q3 2026 quarterly earnings report on November 2, 2026.
Cipher Digital Provides Third Quarter 2026 Business Update
Recognized First HPC Lease Revenue Expanded Barber Lake Lease Term to 20 Years, Increasing Contracted Revenue to $9.1 Billion Received Conditional Base Load Classification for Colchis (1 GW) Began De...
Cipher Mining price target lowered to $11 from $28 at Keefe Bruyette
Keefe Bruyette lowered the firm’s price target on Cipher Mining (CIFR) to $11 from $28 and keeps an Outperform rating on the shares. AI colocation fundamentals remain attractive, but valuation…
Cipher Digital Announces Participation in Upcoming Investor and Industry Conferences
NEW YORK, Oct. 28, 2026 (GLOBE NEWSWIRE) -- Cipher Digital Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”), a leading developer, owner, and operator of industrial-scale data centers, today announced i...
Cipher Digital Announces Date of Third Quarter 2026 Business Update Conference Call
NEW YORK, Oct. 20, 2026 (GLOBE NEWSWIRE) -- Cipher Digital Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”) today announced it will provide a business update and release its third quarter 2026 financi...
Cipher Digital Announces Pricing of Private Offering of $850.0 Million of 0.00% Convertible Senior Notes Due 2032 and Concurrent Exchange of Convertible Senior Notes Due 2030
NEW YORK, Oct. 14, 2026 (GLOBE NEWSWIRE) -- Cipher Digital Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”), a leading developer, owner and operator of industrial-scale data centers, today announced the...
Cipher Digital Announces Proposed Private Offering of $850.0 Million of 0.00% Convertible Senior Notes Due 2032 and Concurrent Exchange of Convertible Senior Notes Due 2030
NEW YORK, Oct. 13, 2026 (GLOBE NEWSWIRE) -- Cipher Digital Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”), a leading developer, owner and operator of industrial-scale data centers, today announced its...
Cipher Digital Transcript: KBW Virtual AI Summit
Financing and execution risks have risen, but power scarcity and tenant demand remain strong. Longer leases, the Barber Lake follow-on commitment and a 1 GW conditional approval support campus value and long-term growth.
Bitcoin Miners Trade Rigs for AI as Power Becomes the Prize
It cost bitcoin miners an average of about $75,500 in cash to produce one coin in the second quarter. Meanwhile, bitcoin itself ended June at $58,400, less than half its October 2025 record high.
Crypto ETFs: Resilience Defines a Changing Market
Crypto ETFs have remained resilient in 2026 despite higher rates and legislative roadblocks. With bitcoin prices back near $85,000, bitcoin ETFs (and the broader crypto ETF universe) have been back on...
Cipher Digital Expands Barber Lake Lease Term to 20 Years, Increasing Revenue to Over $9 Billion
Additional 10-Year Term adds ~$5.2 Billion of Contracted Revenue at Barber Lake Additional 10-Year Term adds ~$5.2 Billion of Contracted Revenue at Barber Lake