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 $17.89: Quality below floor (2.6 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 3.9/10 and A.R:R 4.2:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 16%; Elevated put/call ratio: 1.81; 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 $17.89: Quality below floor (2.6 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 3.9/10 and A.R:R 4.2:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 16%; Elevated put/call ratio: 1.81; Below-average business quality. Chart setup: No clear chart pattern; technical signals are mixed. Score 3.9/10, high confidence.
Passes 6/8 gates (favorable risk/reward ratio, no SEC red flags, news events none recent, earnings proximity 77d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and clean insider activity. Suitability: speculative.
Recent developments
updated 2026-08-16Recent Developments — Cipher Digital Inc.
Latest news
- NEWS Tiger Global Management Takes New Stake In Cipher Digital Inc With 927,000 Shares — benzinga Aug 14, 2026 neutral
- NEWS Governor Abbott Announces Amazon, Lancium And Cipher Digital Commit To Comply With His Data Center Standards — benzinga Aug 14, 2026 positive
- NEWS Neocloud Stocks Catch Fire As CoreWeave Doubles Revenue — benzinga Aug 12, 2026 positive
- NEWS Quantum, Kopin, Alamar Biosciences And Other Big Stocks Moving Higher On Tuesday — benzinga Aug 11, 2026 positive
- NEWS JP Morgan Maintains Overweight on Cipher Digital, Lowers Price Target to $22 — benzinga Aug 7, 2026 neutral
Generated 2026-08-16T18:22:05Z.
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
5 floor-breakers
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Volatile — 14.9% daily ATR makes tight stops impractical. Position-size conservatively.static
Quality below the gate floor. Component breakdown shows what dragged the score down.static
No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static
Priced at a premium — multiples above sector norms. Needs delivery on growth + margins to justify.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $17.89: Quality below floor (2.6 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 3.9/10 and A.R:R 4.2:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 16%; Elevated put/call ratio: 1.81; Below-average business quality. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $16.61. Score 3.9/10, high confidence.
Take-profit target: $28.96 (+62.2% upside). Prior stop was $16.61. Stop-loss: $16.61.
Concentration risk — Tenant: single-tenant properties; Quality below floor (2.6 < 4.0).
Cipher Digital Inc. trades at a P/E of N/A (forward 77.6). TrendMatrix value score: 3.8/10. Verdict: Sell.
25 analysts cover CIFR with a consensus score of 4.2/5. Average price target: $32.
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.