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Cipher Mining (CIFR) Competitors

Cipher Mining logo
$17.37 +2.19 (+14.43%)
As of 04:00 PM Eastern

CIFR vs. BTBT, CLSK, HIVE, HUT, and IREN

Should you buy Cipher Mining stock or one of its competitors? Cipher Mining's main competitors and comparable companies include Bit Digital (BTBT), Cleanspark (CLSK), HIVE Digital Technologies (HIVE), Hut 8 (HUT), and IREN (IREN). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "technology" sector.

How does Cipher Mining compare to Bit Digital?

Bit Digital (NASDAQ:BTBT) and Cipher Mining (NASDAQ:CIFR) are both technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their media sentiment, dividends, analyst recommendations, valuation, profitability, institutional ownership, risk and earnings.

Bit Digital presently has a consensus price target of $5.13, suggesting a potential upside of 214.42%. Cipher Mining has a consensus price target of $28.61, suggesting a potential upside of 64.72%. Given Bit Digital's higher possible upside, research analysts clearly believe Bit Digital is more favorable than Cipher Mining.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bit Digital
1 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.40
Cipher Mining
1 Sell rating(s)
1 Hold rating(s)
16 Buy rating(s)
1 Strong Buy rating(s)
2.89

In the previous week, Cipher Mining had 5 more articles in the media than Bit Digital. MarketBeat recorded 9 mentions for Cipher Mining and 4 mentions for Bit Digital. Bit Digital's average media sentiment score of 0.54 beat Cipher Mining's score of 0.38 indicating that Bit Digital is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bit Digital
1 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cipher Mining
4 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral

Bit Digital has a beta of 3.97, indicating that its share price is 297% more volatile than the broader market. Comparatively, Cipher Mining has a beta of 3.15, indicating that its share price is 215% more volatile than the broader market.

Bit Digital has a net margin of -237.19% compared to Cipher Mining's net margin of -585.75%. Bit Digital's return on equity of -10.66% beat Cipher Mining's return on equity.

Company Net Margins Return on Equity Return on Assets
Bit Digital-237.19% -10.66% -6.81%
Cipher Mining -585.75%-156.28%-21.29%

Bit Digital has higher earnings, but lower revenue than Cipher Mining. Cipher Mining is trading at a lower price-to-earnings ratio than Bit Digital, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bit Digital$113.56M5.18-$80.32M-$1.06N/A
Cipher Mining$223.94M32.19-$822.24M-$2.86N/A

47.7% of Bit Digital shares are held by institutional investors. Comparatively, 12.3% of Cipher Mining shares are held by institutional investors. 2.0% of Bit Digital shares are held by company insiders. Comparatively, 3.1% of Cipher Mining shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Summary

Bit Digital beats Cipher Mining on 10 of the 17 factors compared between the two stocks.

How does Cipher Mining compare to Cleanspark?

Cipher Mining (NASDAQ:CIFR) and Cleanspark (NASDAQ:CLSK) are both mid-cap technology companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, valuation, earnings, profitability, media sentiment, analyst recommendations, risk and institutional ownership.

In the previous week, Cipher Mining had 5 more articles in the media than Cleanspark. MarketBeat recorded 9 mentions for Cipher Mining and 4 mentions for Cleanspark. Cleanspark's average media sentiment score of 0.48 beat Cipher Mining's score of 0.38 indicating that Cleanspark is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cipher Mining
4 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
Cleanspark
1 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Cleanspark has a net margin of -146.90% compared to Cipher Mining's net margin of -585.75%. Cleanspark's return on equity of -18.63% beat Cipher Mining's return on equity.

Company Net Margins Return on Equity Return on Assets
Cipher Mining-585.75% -156.28% -21.29%
Cleanspark -146.90%-18.63%-8.15%

Cleanspark has higher revenue and earnings than Cipher Mining. Cipher Mining is trading at a lower price-to-earnings ratio than Cleanspark, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cipher Mining$223.94M32.19-$822.24M-$2.86N/A
Cleanspark$766.31M4.22$364.46M-$3.77N/A

Cipher Mining currently has a consensus price target of $28.61, indicating a potential upside of 64.72%. Cleanspark has a consensus price target of $23.88, indicating a potential upside of 89.86%. Given Cleanspark's higher possible upside, analysts plainly believe Cleanspark is more favorable than Cipher Mining.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cipher Mining
1 Sell rating(s)
1 Hold rating(s)
16 Buy rating(s)
1 Strong Buy rating(s)
2.89
Cleanspark
1 Sell rating(s)
1 Hold rating(s)
13 Buy rating(s)
1 Strong Buy rating(s)
2.88

Cipher Mining has a beta of 3.15, meaning that its stock price is 215% more volatile than the broader market. Comparatively, Cleanspark has a beta of 3.84, meaning that its stock price is 284% more volatile than the broader market.

12.3% of Cipher Mining shares are held by institutional investors. Comparatively, 43.1% of Cleanspark shares are held by institutional investors. 3.1% of Cipher Mining shares are held by company insiders. Comparatively, 2.1% of Cleanspark shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Summary

Cleanspark beats Cipher Mining on 10 of the 16 factors compared between the two stocks.

How does Cipher Mining compare to HIVE Digital Technologies?

HIVE Digital Technologies (NASDAQ:HIVE) and Cipher Mining (NASDAQ:CIFR) are both technology companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, risk, earnings, institutional ownership, media sentiment, dividends, valuation and profitability.

24.4% of HIVE Digital Technologies shares are held by institutional investors. Comparatively, 12.3% of Cipher Mining shares are held by institutional investors. 9.4% of HIVE Digital Technologies shares are held by company insiders. Comparatively, 3.1% of Cipher Mining shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

In the previous week, Cipher Mining had 4 more articles in the media than HIVE Digital Technologies. MarketBeat recorded 9 mentions for Cipher Mining and 5 mentions for HIVE Digital Technologies. HIVE Digital Technologies' average media sentiment score of 0.61 beat Cipher Mining's score of 0.38 indicating that HIVE Digital Technologies is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
HIVE Digital Technologies
1 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cipher Mining
4 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral

HIVE Digital Technologies presently has a consensus target price of $6.95, suggesting a potential upside of 127.87%. Cipher Mining has a consensus target price of $28.61, suggesting a potential upside of 64.72%. Given HIVE Digital Technologies' higher probable upside, analysts plainly believe HIVE Digital Technologies is more favorable than Cipher Mining.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
HIVE Digital Technologies
1 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.63
Cipher Mining
1 Sell rating(s)
1 Hold rating(s)
16 Buy rating(s)
1 Strong Buy rating(s)
2.89

HIVE Digital Technologies has a beta of 3.75, suggesting that its share price is 275% more volatile than the broader market. Comparatively, Cipher Mining has a beta of 3.15, suggesting that its share price is 215% more volatile than the broader market.

HIVE Digital Technologies has a net margin of -98.49% compared to Cipher Mining's net margin of -585.75%. HIVE Digital Technologies' return on equity of -31.98% beat Cipher Mining's return on equity.

Company Net Margins Return on Equity Return on Assets
HIVE Digital Technologies-98.49% -31.98% -23.71%
Cipher Mining -585.75%-156.28%-21.29%

HIVE Digital Technologies has higher revenue and earnings than Cipher Mining. Cipher Mining is trading at a lower price-to-earnings ratio than HIVE Digital Technologies, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
HIVE Digital Technologies$297.79M2.80-$148.45M-$1.29N/A
Cipher Mining$223.94M32.19-$822.24M-$2.86N/A

Summary

HIVE Digital Technologies beats Cipher Mining on 11 of the 17 factors compared between the two stocks.

How does Cipher Mining compare to Hut 8?

Cipher Mining (NASDAQ:CIFR) and Hut 8 (NASDAQ:HUT) are both mid-cap technology companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, earnings, profitability, valuation, risk, media sentiment, analyst recommendations and institutional ownership.

In the previous week, Hut 8 had 13 more articles in the media than Cipher Mining. MarketBeat recorded 22 mentions for Hut 8 and 9 mentions for Cipher Mining. Hut 8's average media sentiment score of 0.99 beat Cipher Mining's score of 0.38 indicating that Hut 8 is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cipher Mining
4 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
Hut 8
12 Very Positive mention(s)
2 Positive mention(s)
7 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Cipher Mining has a beta of 3.15, meaning that its share price is 215% more volatile than the broader market. Comparatively, Hut 8 has a beta of 4.51, meaning that its share price is 351% more volatile than the broader market.

Hut 8 has a net margin of -188.59% compared to Cipher Mining's net margin of -585.75%. Hut 8's return on equity of -0.97% beat Cipher Mining's return on equity.

Company Net Margins Return on Equity Return on Assets
Cipher Mining-585.75% -156.28% -21.29%
Hut 8 -188.59%-0.97%-0.36%

12.3% of Cipher Mining shares are owned by institutional investors. Comparatively, 31.8% of Hut 8 shares are owned by institutional investors. 3.1% of Cipher Mining shares are owned by company insiders. Comparatively, 10.4% of Hut 8 shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Cipher Mining currently has a consensus price target of $28.61, indicating a potential upside of 64.72%. Hut 8 has a consensus price target of $144.89, indicating a potential upside of 64.48%. Given Cipher Mining's higher probable upside, research analysts clearly believe Cipher Mining is more favorable than Hut 8.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cipher Mining
1 Sell rating(s)
1 Hold rating(s)
16 Buy rating(s)
1 Strong Buy rating(s)
2.89
Hut 8
1 Sell rating(s)
0 Hold rating(s)
17 Buy rating(s)
3 Strong Buy rating(s)
3.05

Hut 8 has higher revenue and earnings than Cipher Mining. Hut 8 is trading at a lower price-to-earnings ratio than Cipher Mining, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cipher Mining$223.94M32.19-$822.24M-$2.86N/A
Hut 8$235.12M46.18-$226.15M-$5.45N/A

Summary

Hut 8 beats Cipher Mining on 14 of the 17 factors compared between the two stocks.

How does Cipher Mining compare to IREN?

Cipher Mining (NASDAQ:CIFR) and IREN (NASDAQ:IREN) are both technology companies, but which is the better investment? We will compare the two businesses based on the strength of their media sentiment, earnings, profitability, risk, analyst recommendations, dividends, valuation and institutional ownership.

12.3% of Cipher Mining shares are owned by institutional investors. Comparatively, 41.1% of IREN shares are owned by institutional investors. 3.1% of Cipher Mining shares are owned by insiders. Comparatively, 5.0% of IREN shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

In the previous week, IREN had 80 more articles in the media than Cipher Mining. MarketBeat recorded 89 mentions for IREN and 9 mentions for Cipher Mining. Cipher Mining's average media sentiment score of 0.38 beat IREN's score of 0.10 indicating that Cipher Mining is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cipher Mining
4 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
IREN
18 Very Positive mention(s)
19 Positive mention(s)
22 Neutral mention(s)
16 Negative mention(s)
7 Very Negative mention(s)
Neutral

Cipher Mining has a beta of 3.15, indicating that its share price is 215% more volatile than the broader market. Comparatively, IREN has a beta of 4.28, indicating that its share price is 328% more volatile than the broader market.

Cipher Mining currently has a consensus target price of $28.61, indicating a potential upside of 64.72%. IREN has a consensus target price of $81.57, indicating a potential upside of 95.85%. Given IREN's higher possible upside, analysts plainly believe IREN is more favorable than Cipher Mining.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cipher Mining
1 Sell rating(s)
1 Hold rating(s)
16 Buy rating(s)
1 Strong Buy rating(s)
2.89
IREN
2 Sell rating(s)
3 Hold rating(s)
15 Buy rating(s)
1 Strong Buy rating(s)
2.71

IREN has a net margin of -99.38% compared to Cipher Mining's net margin of -585.75%. IREN's return on equity of -15.46% beat Cipher Mining's return on equity.

Company Net Margins Return on Equity Return on Assets
Cipher Mining-585.75% -156.28% -21.29%
IREN -99.38%-15.46%-5.51%

IREN has higher revenue and earnings than Cipher Mining. IREN is trading at a lower price-to-earnings ratio than Cipher Mining, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cipher Mining$223.94M32.19-$822.24M-$2.86N/A
IREN$707.01M21.05-$702.62M-$2.34N/A

Summary

IREN beats Cipher Mining on 11 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CIFR and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CIFR vs. The Competition

MetricCipher MiningSoftware IndustryTechnology SectorNASDAQ Exchange
Market Cap$6.30B$15.72B$29.51B$12.73B
Dividend YieldN/A3.40%2.73%8.86%
P/E Ratio-6.07139.9275.8025.38
Price / Sales32.191,293.98591.9892.60
Price / CashN/A45.8947.3252.26
Price / Book12.877.459.296.14
Net Income-$822.24M$437.25M$678.51M$349.01M
7 Day Performance3.58%-1.84%-2.37%-1.47%
1 Month Performance-28.10%3.26%1.09%2.47%
1 Year Performance114.18%4.92%186.43%15.84%

Cipher Mining Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CIFR
Cipher Mining
2.8119 of 5 stars
$17.37
+14.4%
$28.61
+64.7%
+82.5%$6.30B$223.94MN/A10
BTBT
Bit Digital
2.3521 of 5 stars
$1.43
flat
$5.13
+258.4%
-46.7%$515.70M$113.56MN/A10
CLSK
Cleanspark
3.3606 of 5 stars
$11.62
-0.3%
$23.88
+105.5%
+17.5%$2.98B$766.31MN/A130
HIVE
HIVE Digital Technologies
3.4788 of 5 stars
$2.78
flat
$6.95
+150.0%
-7.8%$762.49M$331.30MN/A20
HUT
Hut 8
3.4728 of 5 stars
$78.64
-1.0%
$144.89
+84.3%
+194.5%$9.69B$317.95MN/A219

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This page (NASDAQ:CIFR) was last updated on 9/3/2026 by MarketBeat.com Staff.
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