Cipher Mining stock
CIFRNASDAQCipher Mining Inc., TechnologyISIN US17253J1060
22Score 22 out of 100, Weak
Price and trend
40 / 100
Price history
−59% in one yearThe chart shows daily closes over 6 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 59% below it.
Since September 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Normal: the price is neither overheated nor sold off (RSI 46).
The price is 75% below its 52-week high. Largest decline in 6 years: 97% (September 2021 to December 2022).
Chart figures for advanced users
- SMA 50$12.58
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$17.25
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)46
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$5.55
- The lowest closing price of the last twelve months.
- Resistance$29.18
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Cipher Mining Inc. belongs to the Information Technology Services industry (United States) and, with a market value of $3.26B, is number 48 of 103 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $223.94M (up 48% year on year) and a loss of $822.24M.
- For fiscal 2026, analysts expect on average revenue of $177.33M (down 20.8%) and adjusted earnings per share of −$1.11.
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- MEQIRI Score 22 out of 100 (Weak): rank 854 of 854 in Technology, median 61.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
None of our strength checks applies.
Weaknesses
- High debtDebt 8.98 times equity (latest quarter), Information Technology Services median 0.68.Stability 23
- DilutionShare count up 78% since 2020.Capital allocation 18
- Volatile share priceVolatility 114% a year over the last 12 months.Stability 23
The score is held back by profitability and momentum.
Daily figure as of 13 Nov 2026
How the score is calculatedScore overview
Fundamental quality fluctuates.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansValuation
Valuation signal
not measuredNo fair value can be calculated for this stock, so the signal follows the valuation grade.
Valuation metrics
No fair value can be calculated for this stock from the available figures.
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue fell 29.2% on the twelve months before. Revenue turned from negative at the start of the period to positive ($223.94M in the latest year).
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 28%, operating −151%, net −367%. Last 12 months: net −100%.
Debt & balance sheet
latest quarterDebt is elevated. Keep an eye on the interest burden and refinancing.
Earnings
- Next earnings
- 23 Feb 2027in 102 days
- Last reported
- 2 Nov 2026EPS reported −$0.22 (expected −$0.25)above expectations
Analyst estimates
Analysts have cut their 2027 earnings estimate by 33.4% since 15 Oct 2026. Falling estimates often precede bad news.
- Earnings per share
- −$1.11+14.1%
- Revenue
- $177.33M−17.3%
- Earnings per share
- −$0.38−33.4%
- Revenue
- $801.53M−0.8%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook confirmed
Share price after the results: −22.6%No guidance changed: Phase 1 with 168 megawatts is on track with rent payments starting in October, and further capacity expected for 2027 through 2030.
“We're pleased to share that Phase 1, comprising approximately 168 critical IT megawatts remains on track with rental payments expected to commence in October.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 4 Aug 2026 (fiscal Q2 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases in the last 6 months. 5 insiders sold, $84.29M in total.
Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.
- Page TylerSale
9 Jul 2026, Chief Executive Officer
- Shares
- 112,500
- Price
- $22.68
- Value
- $2.55M
- Page TylerSale
8 Jul 2026, Chief Executive Officer
- Shares
- 112,500
- Price
- $21.19
- Value
- $2.38M
- Grossman Cary MSale
18 Jun 2026, Board
- Shares
- 15,000
- Price
- $29.43
- Value
- $441,450
Show 4 more
- Newsome James ESale
16 Jun 2026, Board
- Shares
- 3,758
- Price
- $26.60
- Value
- $99,963
- V3 Holding LtdSale
4 Jun 2026, Major holder
- Shares
- 1,200,000
- Price
- $25.49
- Value
- $30.59M
- V3 Holding LtdSale
3 Jun 2026, Major holder
- Shares
- 1,800,000
- Price
- $26.62
- Value
- $47.91M
- Williams Wesley HastieSale
21 May 2026, Board
- Shares
- 14,567
- Price
- $21.41
- Value
- $311,879
Partial trades from one filing are shown in one row, with the average price.
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at Cipher Mining
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
854 rated companies in Technology
- This company
- 22
- Sector median
- 61
Categories against the sector medianMedian of 854 companies
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Information Technology Services
The next larger and next smaller companies by market value
- Sopra Steria GroupSOP.PA $4.27B76
- GDS HoldingsGDS $3.91B41
- Kyndryl HoldingsKD $3.72B48
- AltenATE.PA $3.32B68
- Netcompany GroupNETC.CO $2.39B63
- DXC TechnologyDXC $2.31B48
- TietoEVRYTIETO.HE $2.25B59
- GlobantGLOB $1.98B64
ETFs that hold Cipher Mining
Held by 14 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| Global X Blockchain UCITS ETFBLCH | 2.61% | 0.50% | €67.13M |
| Invesco CoinShares Global Blockchain UCITS ETFBNXG | 1.86% | 0.65% | €759.25M |
| Xtrackers Russell 2000 UCITS ETF 1CXRS2 | 0.08% | 0.30% | €2.22B |
Show 5 more
| State Street SPDR Russell 2000 U.S. Small Cap UCITS ETF (Acc)ZPRR | 0.07% | 0.30% | €4.28B |
| L&G Russell 2000 US Small Cap Quality UCITS ETFETLZ | 0.07% | 0.30% | €185.82M |
| iShares MSCI USA Small Cap CTB Enhanced ESG UCITS ETFSXRG | 0.03% | 0.43% | €2.5B |
| iShares MSCI World Small Cap CTB Enhanced ESG UCITS ETFCBUG | 0.02% | 0.10% | €395.74M |
| State Street SPDR MSCI World Small Cap UCITS ETF (Acc)ZPRS | 0.02% | 0.45% | €1.54B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 31 Oct 2024)
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.
