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→Stable
- Revenue Contraction→Stable
- Earnings Execution Failure→Stable
- +1 more pillar — see the Why tab for full reasoning
Cipher Digital Inc. (CIFR) Stock Analysis
Technology · Information Technology Services
Sell if holding. Engine safety override at $21.35: Quality below floor (2.0 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 3.7/10 and A.R:R 2.3:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 16%; Elevated put/call ratio: 9.95; Below-average business quality.
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 $21.35: Quality below floor (2.0 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 3.7/10 and A.R:R 2.3:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 16%; Elevated put/call ratio: 9.95; Below-average business quality. Chart setup: No clear chart pattern; technical signals are mixed. Score 3.7/10, high confidence.
Passes 6/8 gates (favorable risk/reward ratio, no SEC red flags, news events none recent, earnings proximity 32d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and clean insider activity. Suitability: aggressive.
Recent developments
updated 2026-07-07Recent Developments — Cipher Digital Inc.
Latest news
- NEWS Corgi's ETF Pack Grows Yet Again with 24 New Leveraged and Buffer Launches — benzinga Jul 6, 2026 neutral
- NEWS Why Is Cipher Digital Stock Surging On Monday? — benzinga Jul 6, 2026 positive
- NEWS Terawulf, Ceva, Western Digital And Other Big Stocks Moving Higher On Monday — benzinga Jul 6, 2026 neutral
- NEWS Jim Cramer Says Meta Is Entering the 'Most Lucrative Game,' Reiterates AI Cloud Business Is 'Worth $100' Per Share as St — benzinga Jul 2, 2026 positive
- NEWS BTIG Maintains Buy on Cipher Digital, Raises Price Target to $35 — benzinga Jun 25, 2026 neutral
Generated 2026-07-07T13:32:09Z.
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.
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Rating Breakdown
4 floor-breakers
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Volatile — 12.4% daily ATR makes tight stops impractical. Position-size conservatively.static
Quality below the gate floor. Component breakdown shows what dragged the score down.static
Momentum below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $21.35: Quality below floor (2.0 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 3.7/10 and A.R:R 2.3:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 16%; Elevated put/call ratio: 9.95; Below-average business quality. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $20.21. Score 3.7/10, high confidence.
Take-profit target: $29.36 (+35.1% upside). Prior stop was $20.21. Stop-loss: $20.21.
Concentration risk — Tenant: single-tenant properties; Quality below floor (2.0 < 4.0).
Cipher Digital Inc. trades at a P/E of N/A (forward 29.9). TrendMatrix value score: 4.6/10. Verdict: Sell.
24 analysts cover CIFR with a consensus score of 4.2/5. Average price target: $33.
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.