QualityDipStocks / Finance · Consumer finance
Cipher Digital CIFR
Outside our quality screen, so we don’t track its dips. It’s 76% below its 52-week high.
Outside our quality screen. No fair value estimate for now: its free cash flow is negative.
Worth knowing
- Deepest drop from a 52-week high in over 3 years
From the data on this page, as of the last close. How we pick these
- Fair value est.
- n/a
- Market Value
- forming
- Off 52-wk high
- −76%
- Risk vs market
- Highbeta 4.11
1 bullish · 5 bearish See why
Repriced or dip?
Repricing: business changed
The price is 76% below its 52-week high (Jun 18), but the business held up.
Some numbers held up, others slipped (revenue −30.4%, revenue growth rate −67.2 pts, shares outstanding more shares, each owns less). The price is 76% below its 52-week high.
The price is 76% below its 52-week high, and the business changed too: revenue −30.4%, revenue growth rate −67.2 pts, shares outstanding more shares, each owns less.
Within 10% of its 52-week high, so there is no dip to judge yet.
The evidence 6 numbers, high vs now
- Revenue, last 12 months$210M → $146M (−30.4%)changed
- Revenue growth rate+38.0% → −29.2% a year (−67.2 pts)changed
- Shares outstanding+11.5% (more shares, each owns less)changed
- Net cash (cash minus debt)−28.6% of market cap since the highchanged
- Stock vs its sector (Finance)stock −76%, sector median +4% since Jun 18changed
- Price fall vs business numbersprice −76%, revenue/EPS/FCF median −30% (shown, not scored)
Business numbers as reported at the high (12 months to Mar 31, 2026) vs the latest filing (12 months to Sep 30, 2026). Each measure is scored from −1 (business changed) to +1 (business intact) and weighted: revenue, earnings per share, free cash flow, operating margin, revenue growth rate, share count, net cash and the move vs its sector. 60 or more reads as a dip, 40 or less as a repricing. Analyst estimates are not in our data, so they are not used. How to read it
Data-based read, not advice.
Valuation
What we estimate it's worth, and how it ranks on value vs every stock we cover.
Fair value estimate
No estimate for CIFR: negative free cash flow. We’d rather show nothing than a made-up number.
Risk vs market
How risk vs market is measured
One year of daily returns (Oct 31 to Nov 2, 252 sessions). Beta = how much CIFR moved for each 1% move in the S&P 500 (SPY); 1.0 moves with the market. Volatility is the yearly standard deviation of daily returns. Past behavior, not a forecast.
Swings much more than the market, and its own price swings are 8.7× the S&P 500’s.
- Beta vs S&P 500
- 4.11
- Volatility
- 112% vs 13% SPY
- Correlation SPY
- 0.47
- Correlation QQQ
- 0.53
Valuation details
Fundamentals
The business itself: sales, profits, cash and debt, from SEC filings.
Bull vs bear
Rule-based from the data on this page, strongest first. Not advice.
Top bullish points 1 of 5
ProfitabilityGross margin widened to 63.7% in FY2025 from 60.3% in FY2023 (SEC filings).
Top bearish points 5 of 5
ValuationFree cash flow is negative (−$3.1B over the last 12 months), so there’s no cash-flow value under the price.
ProfitabilityOperating margin narrowed to −188.2% in FY2025 from −15.9% in FY2023 (SEC filings).
GrowthSales fell 29% over the last 12 months vs the 12 months before (SEC filings).
Balance sheetOperating income covers interest only -2.6× over the last 12 months.
Balance sheetDebt is 9.3× shareholders’ equity.
All fundamentals
FCF yield -99.3% · ROE -157% · Sales −29%
Valuation
- P/E
- n/aloss over the last 12 months
- Price / FCF
- n/anegative free cash flow
- FCF yield
- −99.3%
- EV / EBITDA
- n/anegative EBITDA
- Price / sales
- 21.22×
- Price / book
- 5.16×
- Market cap
- $3.1Blisted
- Enterprise value
- $8.0B
Growth
- Revenue, 12 months
- $146M
- Sales growth, 12 months
- −29.2%vs the 12 months before
- Sales growth, 3 yrs
- n/an/m
- Diluted EPS, 12 months
- −$2.77
- EPS growth, last FY
- n/afewer than two years of diluted EPS
- Net income, 12 months
- −$1.1B
- Net income growth
- n/anot reported in its SEC filings
Profitability
- Gross margin
- 50.5%
- Operating margin
- n/an/m
- Net margin
- n/an/m
- FCF margin
- n/an/m: revenue near zero
- Return on equity
- −157%
- Return on invested capital
- −8%
Balance sheet
- Cash & short-term inv.
- $656M
- Total debt
- $5.6B
- Net cash
- −$4.9B
- Debt / equity
- 9.26×
- Interest coverage
- -2.6×operating income / interest
Cash flow & returns
- Free cash flow, 12 months
- −$3.1B
- FCF growth, 12 months
- n/anot reported in its SEC filings
- Dividend yield
- 0%
- Payout ratio
- n/anot reported in its SEC filings
- Buybacks, 12 months
- $151M4.9% of market cap
- Share count, 1 year
- +11.8%diluted shares vs a year ago
- Stock-based comp
- $109M
Trailing 12 months to Sep 30, 2026; balance sheet at Sep 30, 2026. From Cipher Digital’s SEC filings. Sparklines show up to six fiscal years. n/a means we don’t hold that number, with the reason. How each is computed.
The business
FCF $-3.1B · Sales −63%
- Free cash flow, 12 months−$3.1B
- Free-cash-flow yield-99.3%
- Return on equity−154%
- Sales growth (latest quarter vs year-ago quarter)−63%
Chart & levels
Where the price is vs its key levels and trends.
Key levels
Every level vs today’s $6.86
- PriceMon Nov 2 close$6.86you are here
- 52-wk lowlowest close, 1 year$6.86at the price
- 52-wk highhighest close, 1 year$29.18+325.4%
Momentum & 52-week range
RSI 24 · 5 days −11.0%
Signals
Reversal signal setups, the public ledger and the next earnings date.
Setup & signals
No setup armed
No setup armed, so there’s no trigger or stop to track yet. Reversal signal rules only run on companies that pass our quality screen.
CIFR is outside our quality screen
One text when a published rule fires on one of the 332 quality companies we track: the ticker, the price, the stop and a link to the numbers. Nothing else.
Voices & buzz
Who is talking about it, and how it compares with peers.
Who’s talking about it
Notable investors, executives, analysts and public figures on Cipher Digital in the last 48 hours. Headlines as published, each linked. Their words, not ours.
No notable mentions in the last 48 hours. Checked Nov 3, 1:01 PM ET.
Compare with peers
Closest in size in Consumer finance
Information only, not investment advice. Fair value estimates and talking points are rule-based model output from public data and can be wrong; stop levels are reference points, not orders. How every number is computed.