← AI Companies
Cipher Mining develops and operates large-scale data centers and power infrastructure, initially for Bitcoin mining but expanding capacity for AI/HPC workloads.
Snapshot
| Country |
USA
|
| Exchange | Nasdaq |
| AI Layer |
energy
|
| Sentiment |
58.0% |
| USD Mkt Cap | 6.99B |
| USD Revenue | 191.09M |
| USD Net Income | -1.12B |
| fwd P/E | 77.77 |
| Price 3M | -30.3% |
| Price 6M | +23.8% |
| Price 1Y | +60.7% |
| Price 2Y | +464.2% |
| USD Share Price | 17.43 |
Price & Size
| Price |
16.85 USD |
| Market Cap |
6.99B USD |
| Shares Outstanding |
415.03M |
| Shares Float |
341.62M |
| 52w Low |
10.47 USD |
| 52w High |
30.14 USD |
| Avg Volume |
30.76M |
Valuation
| P/E (forward) |
77.8x |
| P/B |
12.42x |
| Enterprise Value |
11.77B USD |
| Book Value / Share |
1.36 USD |
| P/S |
36.60x |
| EV / Revenue |
61.61x |
| EV / EBITDA |
122.54x |
Income
| Revenue |
191.09M USD |
| Revenue / Share |
0.48 USD |
| EBITDA |
96.08M USD |
| Net Income |
-1.12B USD |
| EPS (trailing) |
-2.86 USD |
| EPS (forward) |
0.22 USD |
Margins & Profitability
| Gross Margin |
-10.0% |
| Operating Margin |
-301.7% |
| Profit Margin |
0.0% |
| EBITDA Margin |
50.3% |
| Return on Equity |
-167.5% |
| Return on Assets |
-0.8% |
Cash & Debt
| Total Cash |
831.83M USD |
| Total Debt |
5.59B USD |
| Free Cash Flow |
-2.90B USD |
| Operating Cash Flow |
-256.49M USD |
| Debt / Equity |
9.51x |
| Current Ratio |
3.00x |
| Quick Ratio |
0.62x |
Analyst Consensus
| Target (Mean) |
32.18 USD |
| Target (Median) |
30.00 USD |
| Target (High) |
69.00 USD |
| Target (Low) |
22.00 USD |
| Recommendation |
strong_buy |
| # Analysts |
17 |
Identifiers
| ISIN | US17253J1060 |
| CUSIP | 17253J106 |
| FIGI | BBG00YFDNCK6 |
Sentiment 58.0%
as of Sep 11, 2026
Positive drivers
Cipher Digital reported stronger-than-expected hashrate expansion and signed a new AI-optimized data-center partnership in late August 2026, boosting investor optimism. Bitcoin price stability above $85k supported mining margins and positive analyst revisions. Growing institutional interest in AI-adjacent infrastructure plays lifted CIFR alongside peers.
Neutral / mixed
Regulatory uncertainty around energy consumption for crypto mining remains unresolved, creating a wait-and-see stance among some funds. Quarterly results showed revenue growth but also higher opex from expansion, leading to mixed earnings reactions. Broader tech-sector rotation into mega-cap AI names limited CIFR outperformance.
Negative drivers
Rising interest rates and potential SEC scrutiny on crypto-related disclosures weighed on sentiment during the period. A temporary hashrate outage in early September triggered short-term selling pressure. Competitor announcements of cheaper renewable-powered capacity raised concerns about Cipher's cost position.
Bottom line
Overall sentiment for CIFR is mildly positive but tempered by regulatory and competitive risks, resulting in a balanced but cautious market view heading into mid-September 2026.