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Cipher Digital Inc. (CIFR)

Technology | Information Technology Services | New York, United States | NasdaqGS
20.09 USD -2.03 (-9.159%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 19.89 -0.20 (-0.198%) ⇩ (July 13, 2026, 7:59 p.m. EDT)

Short-term:★★☆☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 6:16 a.m. EDT

The fundamental reality here is starkly negative, making the current trading activity a classic case of speculative mania detached from business performance. Cipher Digital is generating negative free cash flow, burning through capital, and reporting a massive 28.8% decline in revenue. The balance sheet is precarious with debt-to-equity exceeding 640x, and the company is effectively insolvent on a cash-flow basis. Despite these fatal flaws, the options market is screaming 'breakout,' with heavy call buying at strikes significantly above the current price. This disconnect suggests traders are betting on a catalyst—perhaps a spin-off, a merger, or a sudden pivot in the AI infrastructure narrative—rather than the company's actual ability to generate value. While the technical setup looks explosive for a short-term trade, the underlying business is deteriorating rapidly. For a long-term investor, this is a value trap; the stock is priced for perfection in a sector where the company is currently losing money and shrinking sales. The only rational play is a short-term momentum trade with a tight stop, avoiding any attempt to 'hold' through the inevitable earnings reality check.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.178474
AutoETS0.178772
MSTL0.180994
AutoARIMA0.299160

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 28%
H-stat 14.71
Ljung-Box p 0.000
Jarque-Bera p 0.367
Excess Kurtosis -0.99
Attribute Value
Sector Technology
Debt to Equity Ratio 641.56
Revenue per Share 0.534
Market Cap 8,215,752,704
Forward P/E 41.84
Beta 3.20
Previous Name Good Works Acquisition Corp.
Website https://www.cipherdigital.com

As of July 11, 2026, 6:16 a.m. EDT: Speculators are aggressively positioning for a sharp upward move, evidenced by massive open interest walls and volume spikes in out-of-the-money calls at strikes ranging from $23 to $45. This bullish gamma exposure suggests a 'long gamma' environment where the stock could accelerate upwards if it breaks resistance. Conversely, put writing is concentrated at lower strikes ($11-$20), creating a floor that may limit downside but also capping the initial leg of any rally. The implied volatility skew shows elevated premiums for deep out-of-the-money calls, indicating a market pricing in a binary event or a significant breakout scenario rather than a slow grind.


Info Dump

Attribute Value
52 Week Change 2.6666667
Address1 1 Vanderbilt Avenue
Address2 Floor 54
All Time High 30.14
All Time Low 0.382
Ask 25.33
Ask Size 2
Audit Risk 9
Average Analyst Rating 1.3 - Strong Buy
Average Daily Volume10 Day 26,033,500
Average Daily Volume3 Month 25,489,791
Average Volume 25,489,791
Average Volume10Days 26,033,500
Beta 3.196
Bid 15.79
Bid Size 2
Board Risk 7
Book Value 1.762
City New York
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 10
Country United States
Crypto Tradeable 0
Currency USD
Current Price 20.085
Current Ratio 3.126
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 22.1779
Day Low 19.652
Debt To Equity 641.56
Display Name Cipher Digital
Earnings Call Timestamp End 1,777,982,400
Earnings Call Timestamp Start 1,777,982,400
Earnings Timestamp 1,777,984,200
Earnings Timestamp End 1,786,019,400
Earnings Timestamp Start 1,786,019,400
Ebitda 165,819,008
Ebitda Margins 0.79029
Enterprise To Ebitda 74.014
Enterprise To Revenue 58.492
Enterprise Value 12,272,916,480
Eps Current Year -0.4375
Eps Forward 0.48
Eps Trailing Twelve Months -2.32
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 22.7876
Fifty Day Average Change -2.7026005
Fifty Day Average Change Percent -0.118599616
Fifty Two Week Change Percent 266.6667
Fifty Two Week High 30.14
Fifty Two Week High Change -10.055
Fifty Two Week High Change Percent -0.33360985
Fifty Two Week Low 4.55
Fifty Two Week Low Change 15.534999
Fifty Two Week Low Change Percent 3.4142854
Fifty Two Week Range 4.55 - 30.14
Financial Currency USD
First Trade Date Milliseconds 1,603,200,600,000
Float Shares 335,641,228
Forward Eps 0.48
Forward P E 41.84375
Free Cashflow -2,948,059,648
Full Exchange Name NasdaqGS
Full Time Employees 66
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.12375
Gross Profits 25,965,000
Has Pre Post Market Data 1
Held Percent Insiders 0.03657
Held Percent Institutions 0.80605006
Implied Shares Outstanding 409,049,197
Industry Information Technology Services
Industry Disp Information Technology Services
Industry Key information-technology-services
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Cipher Digital Inc., together with its subsidiaries, develops and operates industrial-scale data centers for bitcoin mining and high-performance compute (HPC) hosting in the United States. It develops HPC data center facilities across various sites for hyperscaler tenants; operates power at one bitcoin mining data center; and maintains a pipeline across various sites. The company was formerly known as Cipher Mining Inc. and change its name to Cipher Digital Inc. in February 2026. The company was founded in 2021 and is headquartered in New York, New York.
Long Name Cipher Digital Inc.
Market us_market
Market Cap 8,215,752,704
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_706582752
Most Recent Quarter 1,774,915,200
Name Change Date 2,026-07-13
Net Income To Common -897,585,024
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 9,039,987,253
Number Of Analyst Opinions 16
Open 21.5
Operating Cashflow -69,169,000
Operating Margins -2.49371
Overall Risk 9
Payout Ratio 0.0
Phone 332 262 2300
Post Market Change -0.19799995
Post Market Change Percent -0.9858101
Post Market Price 19.887
Post Market Time 1,783,987,198
Prev Name Good Works Acquisition Corp.
Previous Close 22.11
Price Eps Current Year -45.90857
Price Hint 2
Price To Book 11.398978
Price To Sales Trailing12 Months 39.15601
Profit Margins 0.0
Quick Ratio 0.581
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.3125
Region US
Regular Market Change -2.025
Regular Market Change Percent -9.15876
Regular Market Day High 22.1779
Regular Market Day Low 19.652
Regular Market Day Range 19.652 - 22.1779
Regular Market Open 21.5
Regular Market Previous Close 22.11
Regular Market Price 20.085
Regular Market Time 1,783,972,801
Regular Market Volume 18,772,667
Return On Assets -0.00159
Return On Equity -1.21734
Revenue Growth -0.288
Revenue Per Share 0.534
Sand P52 Week Change 0.20847368
Sector Technology
Sector Disp Technology
Sector Key technology
Share Holder Rights Risk 8
Shares Outstanding 409,049,197
Shares Percent Shares Out 0.132
Shares Short 54,001,420
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 52,534,377
Short Name Cipher Digital Inc.
Short Percent Of Float 0.1611
Short Ratio 2.16
Source Interval 15
State NY
Symbol CIFR
Target High Price 69.0
Target Low Price 23.0
Target Mean Price 32.625
Target Median Price 30.0
Total Cash 715,203,008
Total Cash Per Share 1.748
Total Debt 4,746,686,976
Total Revenue 209,820,992
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -2.32
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 18.16765
Two Hundred Day Average Change 1.9173489
Two Hundred Day Average Change Percent 0.10553642
Type Disp Equity
Volume 18,772,667
Website https://www.cipherdigital.com
Zip 10,017