CIFR · Cipher Digital Inc.
$15.20
-0.63 (-3.95%)
At close · Oct 1
Return incl. dividend (before tax)
Market Cap
$6.66B
Shares
415.03M
Volume · Oct 1
33.24M
Avg daily vol (3M)
32.56M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$15.83
Open$16.77
Day$15.81–16.91
52W close$12.02–29.18
Avg vol 30d34.1M
Short int72.8M · 17.5% float · 2.3d
Short vol45%
Last earningsAug 4, 2026
DataOct 2020–Sep 2026
Filing10-Q · Aug 4
Up next
Next earnings call
Nov 2, 2026
Est · unconfirmed
· in 5 wks
filed Aug 4, 2026
call held Aug 4, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
$191.09M
Trailing 12 months
Net income (TTM)
−$1.12B
Trailing 12 months
Revenue growth YoY
-43.0%
Year over year
Operating margin
-278.1%
Trailing 12 months
P / E (TTM)
—
Trailing earnings
FCF yield
-22.4%
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
—
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
+9.2%
Year over year · more shares
Price change (1Y)
+25.7%
Trailing year
Short interest
17.5%
Latest settlement · 2.3 days to cover
AI Brief
Q2 FY26 earnings call · Aug 4, 2026
Q2 FY26
TL;DR. Cipher Digital delivered first HPC capacity at Black Pearl two months ahead of schedule with rent commenced, completed an $810M Stingray project financing at a best-in-class 6% coupon, and acquired a 900 MW Apollo site option in Texas while net loss widened to $268M on a $150.5M non-cash warrant remeasurement loss.
Bullish
- + Black Pearl data center capacity delivered two months ahead of schedule with rent commenced.
- + Stingray project financed via $810M senior secured notes at a 6% coupon, the lowest to date and oversubscribed 8x.
- + Contracted portfolio expected to generate ~$793M average annualized NOI from October 2026 through September 2036.
- + Executives do not expect to require additional equity under current forecasts.
Bearish
- − Q2 GAAP net loss widened to $268M ($0.65/diluted share) from $114M in Q1, driven by a $150.5M non-cash warrant remeasurement loss.
- − Q2 revenue declined to $25M from $35M in Q1 due to Bitcoin mining decommissioning at Black Pearl.
- − Adjusted EBITDA was negative $30M in Q2, and interest expense rose to $67M from $59M.
- − CFO indicated potential equity need remains possible depending on large lease outcomes.
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceOverall
Sell
SellHoldBuy
Technical
Sell
Momentum
Neutral
Sentiment
Neutral
Fundamentals
Weak
Quant / Vol
Very High
Market backdrop
VIX 16.3 · calm
Equity put/call 0.53
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−14%
below
Price vs 50-day avg
−12%
below
RSI (14)
43
neutral
MACD trend
Negative
52-week position
22%
mid-range
Momentum
relative strength
1-month return
+8%
trailing
6-month return
−3%
trailing
YTD return
+7%
this year
Relative strength
−15%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $18 › 200d $18 — 200d above 50d
Institutional flow
Accumulating
+27% holders QoQ · +140 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Rising
17.54% of float · ▲ +1.7% MoM · 2.3 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
482 holders — near 3-yr high, broad support
Squeeze score
56
elevated · 0–100
Fundamentals
Revenue growth
+48%
Y/Y
EPS growth
−1436%
Y/Y
Free cash flow
$-695.9M
Balance sheet
$2.1B
net debt
Quant / Vol
risk profile
Volatility
114%
annualized · 1-yr
Max drawdown
−51%
past year
ATR
9.2%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Technicals
trend & momentum for long-term holders Sell
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−14%
Bearish
Price vs 50-day avg
−12%
Bearish
RSI (14)
43
Neutral
MACD trend
Negative
Bearish
52-week position
22%
Neutral
Market signals — smart money & positioning
Bullish · 2 of 6
Trend (MA cross)
No cross
50d $18 › 200d $18 — 200d above 50d
Institutional flow
Accumulating
+27% holders QoQ · +140 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Rising
17.54% of float · ▲ +1.7% MoM · 2.3 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
482 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $12
Now $16 · 22%
Range high $29
vs 200-day avg -14%
vs 50-day avg -12%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.
Versus peers
Information Technology Services — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
CIFR
this stock
Cipher Digital Inc.
|
$6.66B | +7.2% | +48.0% | — | 17.5% |
|
IBM
International Business Machines Corp
|
$212.46B | -25.8% | +7.6% | 20.0 | 2.4% |
|
ACN
Accenture plc
|
$116.59B | -31.7% | +7.4% | 14.0 | 3.7% |
|
INFY
Infosys Ltd
|
$42.53B | -39.6% | — | — | 3.1% |
|
CTSH
Cognizant Technology Solutions Corp
|
$27.26B | -30.8% | +7.0% | 12.5 | 7.6% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| CIFR | -13.8% | +8.3% | -3.3% | +2.1% | +7.2% |
| SPY | -0.7% | +0.1% | +12.2% | -0.6% | +11.8% |
| vs SPY | -13.1% | +8.2% | -15.4% | +2.7% | -4.6% |