CIFR
SinkerCipher Digital Inc. · Technology · United States · $3.3B cap · $379.5M/day traded
$7.11 +8.9% · close 11 Nov · scored 11 Nov
Sinker: Weak business, rich price and weak momentum. Nothing here to keep it afloat.
After its 2 Nov results, analysts left next year's EPS estimate little changed.
As of 11 Nov 2026, the MoatMap Score for Cipher Digital Inc. (CIFR) is 0/100, ranked against 25,000+ stocks in 38 markets (Quality 6, Value 18, Momentum 26, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT CIPHER DIGITAL INC.
Read
Cipher Mining Inc. is an industrial-scale Bitcoin mining company focused on developing and operating data centers for the production of digital assets. The company emphasizes cost-efficient operations through strategic power partnerships and significant infrastructure investments in Texas. As a pure-play Bitcoin miner, its financial performance is highly correlated with Bitcoin's market price and energy costs.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3.0M | 126.8M | 151.3M | 223.9M | 319.3% | 146.1M | 160.2M | -28.4% |
| EPS | -0.16 | -0.10 | -0.14 | -2.15 | — | -2.77 | — | — |
| Shares | 247.6M | 291.0M | 350.8M | 405.0M | +63.6% | 456.4M | — | — |
| Debt | 20.7M | 22.0M | 56.4M | 2.8B | 411.6% | 5.6B | — | — |
| Equity | 342.9M | 491.3M | 682.0M | 805.5M | 32.9% | — | — | — |
| Op CF | -20.9M | -94.2M | -87.5M | -207.9M | — | -337.6M | — | — |
| Inv CF | -173.9M | 52.8M | -192.1M | -336.6M | — | — | — | — |
| Fin CF | -3.1M | 115.7M | 213.5M | 3.2B | — | — | — | — |
Made a new 52-week low 3 trading days ago, 78% below its 52-week high. The fall has not stopped yet.
Swung more than 97% of stocks we rank over the past year (volatility 114% a year).
How this is worked out
The MoatMap Score weighs the business, its price and its trend. The price check reads only the chart: the price side of the Momentum score, in words.
The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of CIFR are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| CIFR | Cipher Digital Inc.(you) | $3.3B | 0 |
| APLD | Applied Digital Corporation | $5.5B | 1 |
| CHRN | ChronoScale Holdings Corporation | $2.2B | 7 |
| CSQR | Csquare, Inc. | $2.5B | 13 |
| KEEL | Keel Infrastructure Corp. | $1.3B | 0 |
| BBAI | BigBear.ai Holdings, Inc. | $1.0B | 6 |
| SHAZ | SharonAI Holdings Inc. | $822M | 5 |
| WYFI | WhiteFiber, Inc. | $388M | 5 |
| PSN | Parsons Corporation | $5.2B | 50 |
| KD | Kyndryl Holdings, Inc. | $3.2B | 61 |
Peer medians: ROE 6.1% · P/E 28.8x · Gross margin 52.2%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.