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NASDAQ:CIFR

Cipher Mining (CIFR) Stock Price, News & Analysis

$5.82
+0.31 (+5.63%)
(As of 07/26/2024 ET)
Today's Range
$5.61
$6.01
50-Day Range
$3.64
$6.78
52-Week Range
$2.15
$7.99
Volume
7.42 million shs
Average Volume
8.98 million shs
Market Capitalization
$1.80 billion
P/E Ratio
97.02
Dividend Yield
N/A
Price Target
$6.40

Cipher Mining MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
10.0% Upside
$6.40 Price Target
Short Interest
Bearish
12.54% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.43mentions of Cipher Mining in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$24.29 M Sold Last Quarter
Proj. Earnings Growth
N/A

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.

0.45 out of 5 stars

Business Services Sector

301st out of 317 stocks

Nondepository Credit Institutions Industry

49th out of 53 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

“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Cipher Mining (NASDAQ:CIFR) Stock Price Down 3.5%
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Cipher Mining (NASDAQ:CIFR) Shares Gap Up to $4.68
What Happened With Cipher Mining Stock Today?
Cipher Mining Remains An Attractive Bitcoin Miner
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Today
7/26/2024
Next Earnings (Estimated)
8/13/2024
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
$6.40
High Stock Price Target
$9.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+10.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$-25,780,000.00
Pretax Margin
18.12%

Debt

Sales & Book Value

Annual Sales
$126.84 million
Cash Flow
$0.14 per share
Book Value
$1.93 per share

Miscellaneous

Free Float
303,053,000
Market Cap
$1.80 billion
Optionable
Optionable
Beta
2.29
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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 stock has increased by 40.9% and is now trading at $5.82.
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, May, 7th. The company reported $0.13 EPS for the quarter. The company had revenue of $48.14 million for the quarter, compared to analysts' expectations of $50.05 million. Cipher Mining had a net margin of 13.54% and a trailing twelve-month return on equity of 4.66%.

Who are Cipher Mining's major shareholders?

Top institutional shareholders of Cipher Mining include Bank of New York Mellon Corp (0.18%), Hennion & Walsh Asset Management Inc. (0.05%) and Wealth Enhancement Advisory Services LLC (0.04%). 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 7/27/2024 by MarketBeat.com Staff

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