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Earnings warning

Cipher Mining

NSQ:CIFR · US17253J1060
SoftwareMedium

360

3
Profit price77
Owner Earnings Yield1
Dividend Yield1
Price/Sales13
EV / Gross Profit1
Price/Book3
Return on Capital33
Cash Return on Capital12
Return on Equity1
EBIT Margin28
Gross Profitability5
Accruals32
Owner Earnings Margin5
Sales growth28
Profit growth26
Reinvestment94
Price momentum99
Debt load24
Refinancing99
Debt Payback1
Liquidity58
Analyst ratings74
Opinion Changes81
Price Target Upside54
Market mood82
Value Creation6/20not creating value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Cipher Mining doesn't consistently earn more than its cost of capital, so it isn't yet creating shareholder value.

Profile

CountryUSA
IndustrySoftware
SizeMedium
TypePublic Company
ExchangeNASDAQGS
Employees62
ISINUS17253J1060
Last UpdateApr 2, 2026
Themes
Data Centers and FacilitiesData Center TechnologyMining TechnologyCryptocurrencyBitcoin

Description

Cipher Digital Inc. develops and operates industrial-scale data centers engineered for next-generation computing. The company has intentionally evolved from a pure-play bitcoin miner into a vertically integrated data center development and operation…

Analysis

Story stock

Cipher Digital Inc. is a story stock: the narrative is ambitious and the price reflects it, but the underlying numbers are weak.

Valuation data is not available for this company.

The trajectory is moderate and the balance sheet is fragile. The company scores 6/20 on our value-creation score: not creating value.

What to watch: The financial cushion is thinner than comfortable. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
93
2026

All-time high

93

Jun 2026

All-time low

82

Mar 2026

Average rank

88

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
13
Price/Earnings
100
Price/Book
3
Dividend Yield
1
Value (overall)
32

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →