Profile
Sector:
Financial ServicesIndustry:
Capital MarketsCountry:
United StatesIPO:
20 October 2020Website:
http://www.ciphermining.comNext earnings report:
05 March 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 01 Nov 2024 23:54:37 GMTDividend
Analysts recommendations
Institutional Ownership
CIFR Latest News
Cipher Mining (NASDAQ:CIFR ) Q3 2024 Earnings Conference Call October 31, 2024 8:00 AM ET Company Participants Joshua Kane - Head, IR Tyler Page - CEO Ed Farrell - CFO Conference Call Participants Mike Grondahl - Northland Paul Golding - Macquarie Mike Colonnese - H.C. Wainwright.
Cipher Mining Inc. (CIFR) came out with a quarterly loss of $0.26 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.07 per share a year ago.
Analyzing Bitcoin mining stocks like Cipher Mining requires a bottom-up approach at this stage of the Bitcoin market cycle. Cipher Mining's strategic hardware purchases and hosting capacity expansion have made it an appealing stock, with a 67% increase since my December "buy" rating. Q3 is expected to show a revenue decline due to increased mining and electricity costs, but Cipher's prudent "hold-some, sell-some" Bitcoin strategy aids liquidity.
In the closing of the recent trading day, Cipher Mining Inc. (CIFR) stood at $4.38, denoting a +1.39% change from the preceding trading day.
In the closing of the recent trading day, Cipher Mining Inc. (CIFR) stood at $3.82, denoting a -0.78% change from the preceding trading day.
In the closing of the recent trading day, Cipher Mining Inc. (CIFR) stood at $4.11, denoting a -0.72% change from the preceding trading day.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
No fewer than two firms initiated coverage of the Bitcoin miner. Another prognosticator weighed in by reiterating his bullish outlook.
Completed acquisition of Barber Lake data center site, which includes 250 acres of land in West Texas, a newly constructed high-to-mid voltage substation, approvals for 300 MW, and agreements necessary to participate in the ERCOT market
Cipher Mining Inc. (CIFR) concluded the recent trading session at $2.93, signifying a +1.03% move from its prior day's close.
What type of business is Cipher Mining?
Cipher Mining Inc., together with its subsidiaries, engages in the development and operation of 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. operates as a subsidiary of Bitfury Holding B.V.
What sector is Cipher Mining in?
Cipher Mining is in the Financial Services sector
What industry is Cipher Mining in?
Cipher Mining is in the Capital Markets industry
What country is Cipher Mining from?
Cipher Mining is headquartered in United States
When did Cipher Mining go public?
Cipher Mining initial public offering (IPO) was on 20 October 2020
What is Cipher Mining website?
https://www.ciphermining.com
Is Cipher Mining in the S&P 500?
No, Cipher Mining is not included in the S&P 500 index
Is Cipher Mining in the NASDAQ 100?
No, Cipher Mining is not included in the NASDAQ 100 index
Is Cipher Mining in the Dow Jones?
No, Cipher Mining is not included in the Dow Jones index
When was Cipher Mining the previous earnings report?
No data
When does Cipher Mining earnings report?
The next expected earnings date for Cipher Mining is 05 March 2025