Reading CIFR? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track CIFR free→Reading CIFR? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track CIFR free→NASDAQInformation TechnologyInformation Technology ServicesSnapshot 2026-06-15
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
CIFR's recent financial performance is weak, and management's recent track record has been unsteady, with frequent disruptive corporate changes. The company was unprofitable over the past year, so its earnings quality can't be assessed, and it has a capital-unfriendly stance. Risk is high, and compared with sector peers, it is below typical. The sector backdrop is a tailwind, which may provide some support. This read is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 0 valuation methods, at three horizons. Current price $26.03. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Not enough valuation methods to set a 12-month read yet.
TTM earnings are negative, so the read leans on sales- and cash-flow-based methods rather than P/E. This is a data condition, not a forward call.
Looks more expensive than peers.
Self-history needs ~20 months of data.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Information Technology names rated weak grew net income 63% of the time over the next year (vs 62% for the rest of the cohort, n=2777).
Over the trailing year it converted 0.08x of net income into operating cash flow.
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, long-term interest rates, real (inflation-adjusted) rates, Fed net liquidity.
1 material management or governance event in the past 24 months, led by legal/regulatory items. Historically, Information Technology names rated neutral grew net income 64% of the time over the next year (vs 57% for the rest of the cohort, n=1040).
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $-0.06 → $-0.08 (-39.5% / 30d). 0 raised, 1 cut, 3 covering analysts.
0 upgrades, 0 downgrades / 30d, 2 maintained. 100% of analysts rate Buy.
4 PT revisions / 30d. Avg target 84.5% above current price.
1 positive, 3 negative / 30d. See F4 management tile for the event list.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$467.
How much price usually moves either way.
On a bad day, this stock has moved -$1,028.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $5,138.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
No material changes since the prior snapshot.
as of 2026-06-15
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: Improving cash flow shows the company is managing costs better. This is key for future growth.
Confirms:Cash from operations increases quarter over quarter by more than 10%.
Disproves:Cash from operations declines quarter over quarter by more than 5%.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for CIFR yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Entry into a Material Definitive Agreement. Senior Secured Notes Offering General On June 15, 2026, Stingray Compute LLC (“Stingray Compute” or the “Issuer”), a wholly-owned indirect subsidiary of Cipher Digital Inc. (“Cipher” or the “Company”), completed its previously announced private offering of 6.000% Senior Secured Notes due 2031 (the “notes”). The notes were sold under a purchase agreement, dated as of June 8, 2026, entered into by and among the Company, Cipher Stingray LLC, a wholly-o…
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
TTM earnings are negative. P/E-based methods drop out and the estimate leans on sales- and cash-flow-based methods. A data condition, not a forward call.
Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1
A side-by-side read on sector standing, valuation, and risk versus IT Consulting & Other Services.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
CIFR Cipher Digital, Inc. | Below typical Show detailsSector percentile: 2 of 100 | — | high |
IBM IBM | Typical Show detailsSector percentile: 35 of 100 | expensive | moderate |
ACN Accenture | Above typical Show detailsSector percentile: 98 of 100 | full | elevated |
CTSH Cognizant | Above typical Show detailsSector percentile: 91 of 100 | fair | elevated |
APLD APPLIED DIGITAL CORPORATION | Below typical Show detailsSector percentile: 20 of 100 | expensive | high |
Not investment advice. As of 2026-06-15.
via XLK
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-15.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Focus on enhancing cash flow from operations to stabilize financials.
Work on reducing net income losses to improve overall financial health.
Aim to stabilize revenue amidst market challenges.
Why it matters: Lower net income losses signal better financial health. This could attract more investors.
Confirms:Net income losses decrease by more than 15% quarter over quarter.
Disproves:Net income losses increase by more than 10% quarter over quarter.
Why it matters: Stabilizing revenue shows the company can maintain its market position. This is vital for growth.
Confirms:Quarterly revenue remains flat or grows by more than 5% year over year.
Disproves:Quarterly revenue declines by more than 10% year over year.
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth in
Other Events. On June 8, 2026, Cipher Digital Inc. (“Cipher” or the “Company”) issued a press release announcing that Stingray Compute LLC, its wholly-owned indirect subsidiary, priced its offering of $810.0 million aggregate principal amount of 6.000% senior secured notes due 2031 (the “Offering”) at a price equal to 99.750% of their principal amount. The Offering is expected to close on June 15, 2026, subject to customary closing conditions. The notes will only be sold to persons reasonably…
Other Events. On June 8, 2026, the Company issued a press release announcing the intention of Stingray Compute LLC, its wholly-owned indirect subsidiary, to offer, subject to market conditions and other factors, $810.0 million aggregate principal amount of senior secured notes due 2031 (the “Offering”) in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (“Securities Act”) and to non-U.S…
Results of Operations and Financial Condition. On May 5, 2026, Cipher Digital Inc. (the “Company”) announced its results for the first quarter ended March 31, 2026. The full text of the press release issued in connection with the announcement is furnished as Exhibit 99.1 to this Current Report on Form 8-K (the “Report”).