Cipher Digital is a cash-burning, revenue-shrinking business with a quality profile well below the minimum acceptable level — free cash flow is deeply negative at negative 1,405% of revenue, revenue declined 29% year-over-year, the Piotroski F-Score is 3 out of 9, and the two most recent quarters each missed estimates by wide margins — making the current setup unattractive for investment despite passing momentum thresholds and constructive analyst sentiment.
Thesis pillars
- Severe Cash Burn↓Deteriorating
- Revenue Contraction↑Improving
- Earnings Execution Failure↑Improving
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026, based on the 10-K filed Feb 24, 2026· older than 90 days
Cipher Digital Inc. (CIFR) Stock Analysis
Technology · Information Technology Services
Sell if holding. Engine safety override at $6.50: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.9/10. Specifically: High short interest: 27%; Below-average business quality; Below long-term trend.
Cipher Digital develops, constructs, and operates industrial-scale data centers in power-advantaged locations, transitioning from bitcoin mining to HPC data center leasing for hyperscalers. The company holds 4.2 gigawatts of capacity across 10 sites, including 300 MW facilities... Read more
Sell if holding. Engine safety override at $6.50: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.9/10. Specifically: High short interest: 27%; Below-average business quality; Below long-term trend. Chart setup: No clear chart pattern; technical signals are mixed. Score 4.9/10, moderate confidence.
Passes 5/8 gates (clean insider activity, no SEC red flags, earnings proximity 110d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and death cross (50MA < 200MA). Suitability: speculative.
Recent developments
updated Nov 4, 2026Recent Developments — Cipher Digital Inc.
Latest news
- NEWS Cipher and BIO-key Integrate Technology to Expand Identity Security — fiscal.ai Nov 4, 2026 positive
- NEWS Cipher Stock Plummets After Democrats' Midterm Wins — benzinga Nov 4, 2026 negative
- NEWS Keefe Bruyette & Woods Downgrades Cipher Digital to Market Perform — fiscal.ai Nov 4, 2026 negative
- NEWS Amdocs Posts Downbeat Q4 Earnings, Joins Skyworks Solutions, Tesla And Other Big Stocks Moving Lower In Wednesday’s Pre- — benzinga Nov 4, 2026 neutral
- NEWS Macquarie Cuts Price Target on Cipher Digital to $30 — fiscal.ai Nov 4, 2026 negative
Latest item Nov 4, 2026 · Generated 2026-11-05T11:59:09Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- MEDIUMCustomerHPC tenants (Amazon and Fluidstack)10-K Item 1: 'we executed HPC leases with Fluidstack and Amazon, which represent a significant portion of our expected future revenues'
- HIGHTenantsingle-tenant properties10-K Item 1A: 'our data centers are single-tenant properties, and we expect future tenants at other sites in our pipeline to also want to be the only tenant'
- MEDIUMSupplierLuminant power supplier10-K Item 1: 'The power at the Odessa Facility is supplied by Luminant ET Services Company LLC ... under a power purchase agreement'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
4 floor-breakers·1 ceiling hit
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Quality below the gate floor. Component breakdown shows what dragged the score down.static
Volatile — 15.1% daily ATR makes tight stops impractical. Position-size conservatively.static
No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $6.50: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.9/10. Specifically: High short interest: 27%; Below-average business quality; Below long-term trend. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $6.04. Score 4.9/10, moderate confidence.
Resistance target: $13.96 (+114.8% upside). Prior stop was $6.04. Stop-loss: $6.04.
Concentration risk — Tenant: single-tenant properties; DATA_ISSUE: analyst_target_implausible (raw $26.57 vs price $6.50 — ratio 4.1×). Rejected, falling back to technical TP.; Quality below floor (2.4 < 4.0).
Cipher Digital Inc. trades at a P/E of N/A (forward 29.6). TrendMatrix value score: 4.2/10. Verdict: Sell.
29 analysts rate CIFR, with a consensus score of 4.1/5. 22 analysts publish price targets averaging $27.
What does Cipher Digital Inc. do?Cipher Digital develops, constructs, and operates industrial-scale data centers in power-advantaged locations,...
Cipher Digital develops, constructs, and operates industrial-scale data centers in power-advantaged locations, transitioning from bitcoin mining to HPC data center leasing for hyperscalers. The company holds 4.2 gigawatts of capacity across 10 sites, including 300 MW facilities at Barber Lake (leased to Fluidstack, backed by Google) and Black Pearl (under a 15-year, 300 MW lease with Amazon Web Services), with phased HPC rent commencement targeted for 2026.