CIFR Stock Price, Cipher Mining Inc. Quote, Chart

Market Summary

USD4.03-0.04

Delayedas of 17 May 2024, 09:43 am

-0.98%

CIFR Alerts

Big jump in Revenue (Y/Y)

Big jump in Earnings (Y/Y)

CIFR Stock Price

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CIFR RSI Chart

CIFR Valuation

Market Cap

1.3B

Price/Earnings (Trailing)

60.89

Price/Sales (Trailing)

8.24

EV/EBITDA

12.16

Price/Free Cashflow

-8.88

CIFR Price/Sales (Trailing)

CIFR Profitability

Operating Margin

62.77%

EBT Margin

19.46%

Return on Equity

3.45%

Return on Assets

3.06%

Free Cashflow Yield

-11.26%

CIFR Fundamentals

CIFR Revenue

Revenue (TTM)

153.1M

Rev. Growth (Yr)

119.85%

Rev. Growth (Qtr)

10.87%

CIFR Earnings

Earnings (TTM)

20.7M

Earnings Growth (Yr)

704.45%

Earnings Growth (Qtr)

255.11%

Breaking Down CIFR Revenue

52 Week Range

2.155.30

(Low)(High)

Last 7 days

2.8%

Last 30 days

20.8%

Last 90 days

7.4%

Trailing 12 Months

64.4%

How does CIFR drawdown profile look like?

CIFR Financial Health

Current Ratio

8.08

CIFR Investor Care

Shares Dilution (1Y)

24.54%

Diluted EPS (TTM)

0.06

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	153.1M	0	0	0
2023	34.0M	64.9M	95.9M	126.8M
2022	0	0	0	3.0M
2020	0	0	0	0

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Tracking the Latest Insider Buys and Sells of Cipher Mining Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 02, 2024	flatley robert	acquired	-	-	46,948	-
May 02, 2024	grossman cary m	acquired	-	-	46,948	-
May 02, 2024	newsome james e	acquired	-	-	46,948	-
May 02, 2024	williams wesley hastie	acquired	-	-	46,948	-
May 02, 2024	long caitlin	acquired	-	-	46,948	-
May 02, 2024	evans holly morrow	acquired	-	-	46,948	-
May 02, 2024	dykes robert r b	acquired	-	-	46,948	-
Feb 26, 2024	bitfury top holdco b.v.	sold	-	-	-107,304,000	-
Feb 20, 2024	flatley robert	acquired	-	-	9,563	-
Feb 20, 2024	evans holly morrow	acquired	-	-	9,563	-

Which funds bought or sold CIFR recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	Point72 Asset Management, L.P.	new	-	109,695	109,695	-%
May 15, 2024	DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main	new	-	223,103	223,103	-%
May 15, 2024	PRICE T ROWE ASSOCIATES INC /MD/	new	-	59,000	59,000	-%
May 15, 2024	Royal Bank of Canada	reduced	-50.89	-22,000	35,000	-%
May 15, 2024	GOLDMAN SACHS GROUP INC	added	36.06	211,133	514,197	-%
May 15, 2024	ATW SPAC MANAGEMENT LLC	reduced	-52.94	-72,525	103,000	0.12%
May 15, 2024	Shay Capital LLC	sold off	-100	-103,250	-	-%
May 15, 2024	TWINBEECH CAPITAL LP	new	-	55,203	55,203	-%
May 15, 2024	BARCLAYS PLC	reduced	-36.38	-57,000	222,000	-%
May 15, 2024	Cetera Investment Advisers	new	-	91,335	91,335	-%

Are Funds Buying or Selling CIFR?

Are funds buying CIFR calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CIFR

No. of Funds

Unveiling Cipher Mining Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 26, 2024	bitfury top holdco b.v.	1.9%	4,821,560	SC 13D/A
Jan 24, 2024	bitfury top holdco b.v.	1.9%	-	SC 13D/A
Nov 09, 2023	bitfury top holdco b.v.	1.9%	-	SC 13D/A
Apr 12, 2022	bitfury top holdco b.v.	2.4%	6e+06	SC 13D/A
Feb 14, 2022	periscope capital inc.	0.10%	254,875	SC 13G/A

Recent SEC filings of Cipher Mining Inc.

View All Filings

Date Filed	Form Type	Document
May 16, 2024	SC 13D/A	13D - Major Acquisition
May 07, 2024	10-Q	Quarterly Report
May 07, 2024	8-K	Current Report
May 06, 2024	4	Insider Trading
May 06, 2024	8-K	Current Report
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading

Peers (Alternatives to Cipher Mining Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
GS	149.8B	67.8B	17.06%	40.70%	15.91	2.21	66.36%	-10.82%
ICE	78.6B	9.7B	5.52%	26.22%	31.7	8.09	0.75%	71.75%
CME	76.4B	5.7B	3.03%	16.56%	23.69	13.49	-1.46%	19.89%
COIN	48.3B	4.0B	-9.06%	226.03%	35.79	12.16	41.89%	159.36%
FDS	17.0B	2.2B	4.31%	12.99%	34.7	7.88	7.26%	9.28%
IBKR	13.0B	6.1B	13.44%	63.47%	4.49	2.14	64.44%	33.59%
MID-CAP
JEF	10.0B	8.2B	15.20%	55.58%	34.64	1.22	17.04%	-68.59%
HLI	8.6B	1.8B	7.42%	49.05%	33.1	4.66	0.16%	-0.33%
EVR	7.7B	2.5B	7.90%	84.46%	29.71	3.12	-6.73%	-35.85%
FRHC	4.2B	1.4B	6.75%	-13.65%	12.63	3.03	96.15%	398.80%
CLSK	3.8B	283.6M	13.74%	267.63%	59.06	13.23	122.34%	153.34%
SMALL-CAP
DFIN	1.8B	802.0M	2.50%	35.48%	18.44	2.29	-2.34%	8.49%
AMRK	849.2M	10.3B	-1.01%	2.03%	10.66	0.08	24.66%	-47.53%
COHN	20.0M	92.7M	66.02%	55.61%	3.22	0.22	72.05%	185.64%
AAMC	6.9M	3.2M	-20.70%	-97.30%	-0.21	2.19	-44.67%	-114.57%

Cipher Mining Inc. News

Latest updates

Cipher Mining Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2020Q4
Revenue	10.9%	48,137,000	43,419,000	30,304,000	31,224,000	21,895,000	-	-
Cost Of Revenue	11.5%	14,820,000	13,292,000	13,008,000	15,868,000	8,141,000	-	-
Operating Expenses	-	-	-	-	-	-	-	150,081
S&GA Expenses	-100.0%	-	22,542,000	23,898,000	21,335,000	17,420,000	18,987,000	-
EBITDA Margin	105.6%	0.63	0.31	-0.42	0.33	-0.30	-10.77	-
Interest Expenses	-17.7%	400,000	486,000	627,000	485,000	401,000	-	-
Income Taxes	39.8%	5,564,000	3,979,000	-1,097,000	615,000	70,000	-	-
Earnings Before Taxes	198.8%	45,464,000	15,215,000	-18,808,000	-12,086,000	-6,531,000	-49,787,000	-
EBT Margin	211.1%	0.19	-0.18	-0.91	-0.14	-0.77	-12.25	-
Net Income	255.1%	39,900,000	11,236,000	-17,711,000	-12,701,000	-6,601,000	-51,627,000	-103,455
Net Income Margin	166.6%	0.14	-0.20	-0.92	-0.18	-0.83	-12.86	-
Free Cashflow	69.7%	-34,538,000	-114,145,000	3,286,000	3,269,000	-7,131,000	-22,285,000	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																	(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q3	2021Q2	2021Q1	2021Q1	2020Q4	2020Q3
Assets	19.6%	677	566	416	417	413	418	407	342	358	354	382	276	170	171	171	172	-
Current Assets	60.9%	250	155	54.00	42.00	36.00	48.00	70.00	48.00	111	224	298	1.00	0.00	1.00	-	2.00	-
Cash Equivalents	3.0%	89.00	86.00	3.00	2.00	4.00	12.00	28.00	37.00	99.00	210	282	1.00	3.00	0.00	-	1.00	0.00
Net PPE	-2.2%	239	244	258	268	263	191	41.00	24.00	15.00	5.00	0.00	0.00	-	-	0.00	-	-
Liabilities	1.9%	76.00	75.00	74.00	74.00	68.00	76.00	24.00	29.00	15.00	9.00	2.00	8.00	1.00	1.00	0.00	0.00	-
Current Liabilities	-8.3%	31.00	34.00	39.00	39.00	33.00	40.00	20.00	24.00	10.00	0.00	1.00	8.00	1.00	0.00	0.00	0.00	0.00
Shareholder's Equity	22.3%	601	491	343	343	345	343	383	313	342	354	380	-	-	0.00	-	1.00	0.00
Retained Earnings	29.2%	-96.88	-136	-148	-130	-117	-111	-59.58	-118	-89.70	-72.16	-3.09	-0.82	-2.17	-1.12	0.00	-0.11	0.00
Additional Paid-In Capital	11.1%	697	628	491	473	462	454	442	432	432	425	385	4*	1.00	1.00	-0.20	1.00	0.00
Shares Outstanding	5.4%	307	291	255	250	249	248	248	248	250	249	207	21.00	-	-	-	-	-
Float	-	-	-	-	124	-	-	-	57.00	-	-	-	-	200	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																		(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q3	2021Q2	2021Q1	2021Q1	2020Q4	2020Q3	2020Q2
Cashflow From Operations	79.0%	-26,636	-126,645	7,725	13,863	10,816	-12,024	1,041	-6,611	-3,321	-4,566	-23,315	-	-958	-45.00	-	-318	-3.58	-
Share Based Compensation	-15.0%	8,317	9,783	10,699	9,178	8,810	11,432	10,494	10,064	9,514	-	-	-	-	-	-	-	-	-
Cashflow From Investing	-133.0%	-30,957	93,682	-6,490	-16,097	-18,340	-4,147	-9,947	-55,842	-103,973	-	-	-	-	-	-	-	-	-
Cashflow From Financing	-48.0%	60,163	115,726	366	53.00	-481	-13.00	-25.00	-	-3,052	-22,206	379,413	-	4,068	100	-	171,533	65.00	-
Buy Backs	368.6%	3,177	678	2,110	633	481	13.00	5,025	-10,000	3,052	-	-	-	-	-	-	-	-	-

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CIFR Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Revenue - bitcoin mining	$ 48,137	$ 21,895
Costs and operating expenses (income)
Cost of revenue	14,820	8,141
Compensation and benefits	13,036	11,937
General and administrative	6,077	5,483
Depreciation and amortization	17,244	11,655
Change in fair value of derivative asset	(7,359)	(5,328)
Power sales	(1,173)	(98)
Equity in (gains) losses of equity investees	(738)	750
Gains on fair value of bitcoin	(40,556)	(4,264)
Other gains		(2,260)
Total costs and operating expenses (income)	1,351	26,016
Operating income (loss)	46,786	(4,121)
Other income (expense)
Interest income	786	76
Interest expense	(400)	(401)
Change in fair value of warrant liability	250	(37)
Other expense	(1,958)
Total other income (expense)	(1,322)	(362)
Income (loss) before taxes	45,464	(4,483)
Current income tax expense	(386)	(17)
Deferred income tax expense	(5,178)	(53)
Total income tax expense	(5,564)	(70)
Net income (loss)	$ 39,900	$ (4,553)
Net income (loss) per share - basic	$ 0.13	$ (0.02)
Net income (loss) per share - diluted	$ 0.13	$ (0.02)
Weighted average shares outstanding - basic	296,641,499	248,654,082
Weighted average shares outstanding - diluted	304,397,979	248,654,082

CIFR Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 88,675	$ 86,105
Prepaid expenses and other current assets	2,910	3,670
Bitcoin	123,307	32,978
Derivative asset	34,228	31,878
Total current assets	250,230	155,498
Property and equipment, net	238,541	243,815
Deposits on equipment	30,187	30,812
Intangible assets, net	8,162	8,109
Investment in equity investees	52,621	35,258
Derivative asset	66,722	61,713
Operating lease right-of-use asset	6,823	7,077
Security deposits	23,855	23,855
Total assets	677,141	566,137
Current liabilities
Accrued expenses and other current liabilities	18,661	22,439
Finance lease liability, current portion	3,595	3,404
Operating lease liability, current portion	1,204	1,166
Warrant liability		250
Total current liabilities	30,980	33,793
Asset retirement obligation	18,708	18,394
Finance lease liability	10,121	11,128
Operating lease liability	6,025	6,280
Deferred tax liability	10,383	5,206
Total liabilities	76,217	74,801
Commitments and contingencies (Note 14)
Stockholders' equity
Preferred stock, $0.001 par value; 10,000,000 shares authorized, none issued and outstanding as of March 31, 2024 and December 31, 2023
Common stock, $0.001 par value, 500,000,000 shares authorized, 312,649,102 and 296,276,536 shares issued as of March 31, 2024 and December 31, 2023, respectively, and 306,543,330 and 290,957,862 shares outstanding as of March 31, 2024, and December 31, 2023, respectively	313	296
Additional paid-in capital	697,494	627,822
Accumulated deficit	(96,877)	(136,777)
Treasury stock, at par, 6,105,772 and 5,318,674 shares at March 31, 2024 and December 31, 2023, respectively	(6)	(5)
Total stockholders' equity	600,924	491,336
Total liabilities and stockholders' equity	677,141	566,137
Related party
Current assets
Accounts receivable	430	245
Current liabilities
Accounts payable		1,554
Nonrelated Party
Current assets
Accounts receivable	680	622
Current liabilities
Accounts payable	$ 7,520	$ 4,980

About Cipher Mining Inc.

Cipher Mining Inc., a technology company, develops and operates 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. is a subsidiary of Bitfury Holding B.V.

CEO	Mr. Rodney Tyler Page
WEBSITE	ciphermining.com
INDUSTRY	Mortgage Finance
EMPLOYEES	26

Cipher Mining Inc. Frequently Asked Questions

What is the ticker symbol for Cipher Mining Inc.? What does CIFR stand for in stocks?

CIFR is the stock ticker symbol of Cipher Mining Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Cipher Mining Inc. (CIFR)?

As of Thu May 16 2024, market cap of Cipher Mining Inc. is 1.26 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CIFR stock?

You can check CIFR's fair value in chart for subscribers.

What is the fair value of CIFR stock?

You can check CIFR's fair value in chart for subscribers. The fair value of Cipher Mining Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Cipher Mining Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CIFR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Cipher Mining Inc. a good stock to buy?

The fair value guage provides a quick view whether CIFR is over valued or under valued. Whether Cipher Mining Inc. is cheap or expensive depends on the assumptions which impact Cipher Mining Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CIFR.

What is Cipher Mining Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 16 2024, CIFR's PE ratio (Price to Earnings) is 60.89 and Price to Sales (PS) ratio is 8.24. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CIFR PE ratio will change depending on the future growth rate expectations of investors.