Cipher Mining Inc. (CIFR)

NASDAQ: CIFR · IEX Real-Time Price · USD
4.640
-0.170 (-3.53%)
At close: Apr 24, 2024, 4:00 PM
4.600
-0.040 (-0.86%)
After-hours: Apr 24, 2024, 7:19 PM EDT
-3.53%
Market Cap 1.38B
Revenue (ttm) n/a
Net Income (ttm) -25.78M
Shares Out 296.49M
EPS (ttm) -0.10
PE Ratio n/a
Forward PE 21.23
Dividend n/a
Ex-Dividend Date n/a
Volume 4,851,137
Open 4.790
Previous Close 4.810
Day's Range 4.550 - 5.000
52-Week Range 1.760 - 5.750
Beta 2.23
Analysts Strong Buy
Price Target 5.00 (+7.76%)
Earnings Date May 7, 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]

Industry Capital Markets
Sector Financials
Founded 2021
Employees 35
Stock Exchange NASDAQ
Ticker Symbol CIFR
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for CIFR stock is "Strong Buy." The 12-month stock price forecast is $5.0, which is an increase of 7.76% from the latest price.

Price Target
$5.0
(7.76% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Cipher Mining Announces Date of First Quarter 2024 Business Update Conference Call

NEW YORK, April 17, 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 ...

7 days ago - GlobeNewsWire

Miners' Margins Have Been Great Recently: Cipher Mining CEO

Cipher Mining CEO Tyler Page discusses the upcoming Bitcoin halving and how it could impact miners. He speaks with Sonali Basak and Tim Stenovec on "Bloomberg Crypto.

8 days ago - Bloomberg Markets and Finance

CIFR ALERT: Levi & Korsinsky, LLP Commences an Investigation of Cipher Mining, Inc. (CIFR) f/k/a Good Works Acquisition Corp. (GWAC)

NEW YORK , March 12, 2024 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP:1 To: All Persons or Entities who purchased  Cipher Mining, Inc. ("(CIFR) " or the "Company")...

6 weeks ago - PRNewsWire

Cipher Mining Provides Fourth Quarter and Full Year 2023 Business Update

Fourth Quarter GAAP Earnings of $10.6m and Non-GAAP Earnings of $27.8m Full Year 2023 Revenues of $126.8m Increased Hash Rate to 7.4 EH/s in First Quarter 2024 and on track to reach 9.3 EH/s by end of...

7 weeks ago - GlobeNewsWire

Cipher Mining Announces February 2024 Operational Update

NEW YORK, March 01, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for February 2024.

7 weeks ago - GlobeNewsWire

Bitfury Group Announces Approval of Distribution of Cipher Mining Inc. Shares

Approved distribution readies Cipher for its next chapter of growth with a more diversified shareholder base AMSTERDAM , Feb. 26, 2024 /PRNewswire/ -- Bitfury Group ("Bitfury" or the "Company"), a lea...

2 months ago - PRNewsWire

Cipher Mining Announces January 2024 Operational Update

NEW YORK, Feb. 01, 2024 (GLOBE NEWSWIRE) --   Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for January 2024.

2 months ago - GlobeNewsWire

Cipher Mining Announces Date of Fourth Quarter and Full Year 2023 Business Update Conference Call

NEW YORK, Jan. 30, 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...

3 months ago - GlobeNewsWire

Bitcoin mining stocks outlook for 2024

Bitcoin mining stocks have had a difficult start of the year, with most of them crashing by double-digits. Marathon Digital (MARA), Riot Platforms (RIOT), Bitfarms (BITF), CleanSpark (CLSK), and Ciphe...

Other symbols: BITFCLSKMARARIOT
3 months ago - Invezz

Cipher Mining to Present at the 26th Annual Needham Growth Conference

NEW YORK, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”), a leading developer and operator of bitcoin mining data centers, announced today that it will...

3 months ago - GlobeNewsWire

Is it safe to buy RIOT, MARA, HUT, CIFR stocks after the BTC ETF decision?

Bitcoin mining stocks are under pressure as the spot Bitcoin drama continues. Most of them have remained in a tight range this week.

Other symbols: HUTMARARIOT
3 months ago - Invezz

Canaan Secures Follow-On Purchase Orders from Cipher and Stronghold

Cipher's JV entities have purchased 16,700 A1466 model Avalon Miners; the 11,000 previously bought A1346 model Avalon Miners have been delivered and installed at Cipher's Odessa Facility Stronghold ha...

Other symbols: CANSDIG
4 months ago - PRNewsWire

Cipher Mining Announces 60 MW Expansion of its Bear and Chief Joint Venture Data Centers and Purchase of 16,700 New Miners from Canaan Inc.

Bear LLC and Chief Mountain LLC Purchase ~2.5 EH/s of latest generation Canaan A1466 miners on favorable pricing and payment terms

4 months ago - GlobeNewsWire

Cipher Mining Announces December 2023 Operational Update

NEW YORK, Jan. 02, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for December 2023.

4 months ago - GlobeNewsWire

Cipher Mining stock price soars as hopes of January Effect rise

Cipher Mining (NASDAQ: CIFR) stock price continued surging on Wednesday as demand for Bitcoin miners rose. The shares surged to a high of $5.60, its highest point since December 2021.

4 months ago - Invezz

Cipher Mining Purchases 7.1 EH/s of New Miners and Option to Purchase an Additional 8.7 EH/s of Latest Generation Miners from Bitmain

Purchases 7.1 EH/s of latest generation Bitmain T21 miners for $99.5 million, representing a unit price of $14/TH Secures option to purchase up to an additional 8.7 EH/s at the same fixed price terms ...

4 months ago - GlobeNewsWire

Cipher Mining Announces the Closing of its Acquisition of Black Pearl

Closed Transaction to Acquire a New Texas-based, ERCOT-approved Site with Interconnection up to 300 MW, Expected to Come Online in 2025 Closed Transaction to Acquire a New Texas-based, ERCOT-approved ...

4 months ago - GlobeNewsWire

Cipher Mining Announces November 2023 Operational Update

NEW YORK, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for November 2023.

5 months ago - GlobeNewsWire

Cipher Mining Provides Third Quarter 2023 Business Update

Completed the Build-out of the Odessa Data Center and Achieved All-Time High Self-Mining Hash Rate Capacity of up to 7.2 Exahash per Second (“EH/s”)

6 months ago - GlobeNewsWire

Cipher Mining Announces Date of Third Quarter 2023 Business Update Conference Call

NEW YORK, Oct. 19, 2023 (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...

6 months ago - GlobeNewsWire

Cipher Mining Announces September 2023 Operational Update

NEW YORK, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for September 2023.

7 months ago - GlobeNewsWire

Cipher Mining Announces August 2023 Operational Update

NEW YORK, Sept. 01, 2023 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for August 2023.

8 months ago - GlobeNewsWire

Cipher Mining Provides Second Quarter 2023 Business Update

Achieved All-Time High Self-Mining Hash Rate Capacity of 6.8 Exahash per Second (“EH/s”) and on Track to Achieve 7.2 EH/s in Q3 2023

9 months ago - GlobeNewsWire

Cipher Mining Announces July 2023 Operational Update

NEW YORK, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for July 2023.

9 months ago - GlobeNewsWire

Avoid Argo Blockchain shares, buy these Bitcoin mining stocks instead

Bitcoin mining stocks have had a stellar performance this year, helped by the strong performance of BTC and other cryptocurrencies. Firms like Cipher Mining, Riot Platforms, and Marathon Digital are t...

Other symbols: ARBKHUTMARARIOT
9 months ago - Invezz