# Cipher Digital share price today (Cipher Digital Inc., CIFR) > Cipher Digital Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. CIFR · Technology · Information Technology Services · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/cifr Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Price: $8.12 (−56.5% in a year) - Revenue (Jun 2026): $24.8 M (−43.0% on a year ago) - Profit (Jun 2026), incl. one-off: −$268 M (one-off item, see below) - Operating margin: −301.7% (−234.1 points on a year ago) - ROE: −98%, FY25 - ROIC: −1.6%, against a 10.8% cost of capital: −12.4 points Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the Cipher Digital share price today? Cipher Digital Inc.'s share price was $8.12 at the close on 3 November 2026. It has been moving sideways for 14 weeks. That is 54.0% below its average price over the last 200 trading days. In the last 52 weeks it traded between $7 and $29, and at that close it sat 4% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 14 weeks running. Over the last 5.9 years the share price moved −18% while the S&P 500 moved +106%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 31 July 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Cipher Digital pay? Cipher Digital Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is Cipher Digital on? Cipher Digital is on one of our US lists: US tech stocks. [US tech stocks](https://www.sectoralpha.in/us-tech-stocks) ## Is Cipher Digital profitable? Cipher Digital Inc. posted a net loss of $268 M in the Jun 2026 quarter. That quarter includes a one-off gain bigger than its revenue, so the comparison with last year does not reflect normal business. The full FY25 year was a loss of $822 M. That loss is 1,077.1% of the quarter's revenue. The same quarter a year earlier lost $45.8 M. 9 of the last 12 reported quarters were loss-making. Read this profit with care: at −$268 M it is bigger than the quarter's whole revenue of $24.8 M. No business earns more than it takes in from sales, so this is a one-off item (for example a debt settlement, a tax write-back or an asset sale), not money the business earned. The underlying business is running at a −301.7% operating margin. The jump on last year, and any P/E built on this profit, come from the one-off, not from a real turn in earnings. ## How much revenue does Cipher Digital make, and is it growing? Cipher Digital Inc. reported $24.8 M of revenue in the Jun 2026 quarter, −43.0% on the same quarter a year earlier. Over 3 years it has grown 319.3% a year on average. The last full year, FY25, came in at $224 M. The last four reported quarters add to $191 M. FY25 revenue was $224 M, +48.0% on the year before. Recent pace: the last four quarters grew +41.8% on average, against 319.3% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +20.3%, against +9.7% a year over the last 8 quarters (accelerating). ## How much of every $100 of sales does Cipher Digital keep? Cipher Digital Inc.'s operating margin was −301.7% in the Jun 2026 quarter, 234.1 percentage points lower than the same quarter a year ago. Across 4 years it has been between −2,449.3% and 16.5%. The latest quarter is within that range. Why the margin moved: operating margin changed −234.1 percentage points on the year while gross margin changed −160.0 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is Cipher Digital's profit turning into cash? Cipher Digital Inc.'s cash-flow history is too short to judge how much of its profit turns into cash. In FY25 its operations used $208 M of cash, against −$822 M of profit. After $493 M of spending on assets, free cash was −$701 M: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Cipher Digital's cash go? Cipher Digital Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $850 M on assets over the last 3 years. Averaged over those years that is 126.5% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $850 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Cipher Digital's P/E ratio, and how does it compare with its own history? Cipher Digital Inc. has no P/E right now, because its earnings are negative. The revenue and margin sections are where a turn would show first. Measured against sales instead, the market values Cipher Digital Inc. at 15.1× its FY25 revenue of $224 M. The P/E comes back here once profit turns positive. ## Is the Cipher Digital business getting better or worse? Cipher Digital Inc.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 8 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. The latest quarter’s profit includes a one-off item bigger than the normal business, so the profit line is shown but does not count in this reading. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Cipher Digital earn on its capital? Cipher Digital Inc. earned a ROE of −98% in FY25. Its return on capital used (ROIC) is 12.4 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a −367.2% net margin and 0.05× asset turnover (sales divided by assets). Why the return is what it is (FY25): a −367.2% net margin × 0.05× asset turnover × 5.13× leverage (assets divided by equity) ≈ −94.2% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: −1.6% − 10.8% = −12.4 percentage points. The 10.8% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Cipher Digital have too much debt? Cipher Digital Inc. has total debt of $5.6 B against shareholder equity of $588 M as of Jun 2026, so its debt is 9.51× its equity. Year by year, that ratio went from 0.06 in FY22 to 3.31 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the Cipher Digital shareholding pattern? 28.2% of Cipher Digital Inc.'s tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 2.2 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Cipher Digital from balance-sheet trouble? For Cipher Digital Inc., the Z-score is 0.52. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 0.52 is inside the danger zone, so the balance sheet is a real risk. ## How does Cipher Digital rank in its industry? 35.5 out of 100, rank 24 of 28 in Information Technology Services, with 64% of the evidence available. Cipher Digital Inc. scores 35.5 out of 100 against the 28 companies it is compared with in Information Technology Services, ranking 24. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 19.4 + 4.2 + 11.4 + 0.5 = 35.5. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Cipher Digital compared with? Cipher Digital ranks 24 of 28 Information Technology Services companies on the 4-Factor Sector Score, with 35.5 out of 100. 1. [Gartner, Inc.](https://www.sectoralpha.in/us/stocks/it) IT · breaking out · Most evidence points up · 81% evidence 70.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.1/35 · Revenue 0.7% · Profit -38.9% · Operating margin change 3.2 points · 83% evidence Capital efficiency 20.6/25 · ROCE 35.7% · Operating margin 22.6% · 76% evidence Valuation 14.6/20 · P/E 11.2× · PEG 0.45 · 65% evidence Relative strength 16.3/20 · Lead over its industry 7.6% · Lead over S&P 500 6.1% · 1 year -11.4% · 100% evidence · 12 of 12 weeks ahead Exact sum: 19.1 + 20.6 + 14.6 + 16.3 = 70.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Accenture plc](https://www.sectoralpha.in/us/stocks/acn) ACN · breaking out · Most evidence points up · 85% evidence 69.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.6/35 · Revenue 6.5% · Profit 9% · Operating margin change 2.6 points · 95% evidence Capital efficiency 19.3/25 · ROCE 23.7% · Operating margin 17.8% · 76% evidence Valuation 11.9/20 · P/E 13.9× · PEG 1.19 · 65% evidence Relative strength 18.8/20 · Lead over its industry 18.7% · Lead over S&P 500 16.7% · 1 year 3.6% · 100% evidence · 8 of 12 weeks ahead Exact sum: 19.6 + 19.3 + 11.9 + 18.8 = 69.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [ExlService Holdings, Inc.](https://www.sectoralpha.in/us/stocks/exls) EXLS · breaking out · Most evidence points up · 81% evidence 67.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.5/35 · Revenue 13.7% · Profit 5.5% · Operating margin change -1.2 points · 83% evidence Capital efficiency 19.1/25 · ROCE 31.8% · Operating margin 14.6% · 76% evidence Valuation 9.4/20 · P/E 15.8× · PEG 1.63 · 65% evidence Relative strength 17.9/20 · Lead over its industry 17.4% · Lead over S&P 500 16.2% · 1 year 6.6% · 100% evidence · 12 of 12 weeks ahead Exact sum: 21.5 + 19.1 + 9.4 + 17.9 = 67.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Broadridge Financial Solutions, Inc.](https://www.sectoralpha.in/us/stocks/br) BR · breaking out · Evidence leans up · 81% evidence 64.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.8/35 · Revenue 8.5% · Profit 34% · Operating margin change 0.5 points · 83% evidence Capital efficiency 17.2/25 · ROCE 17.3% · Operating margin 24.6% · 76% evidence Valuation 14.5/20 · P/E 14.1× · PEG 0.4 · 65% evidence Relative strength 12.1/20 · Lead over its industry -0.4% · Lead over S&P 500 -1.7% · 1 year -17.1% · 100% evidence · 12 of 12 weeks ahead Exact sum: 20.8 + 17.2 + 14.5 + 12.1 = 64.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Penguin Solutions, Inc.](https://www.sectoralpha.in/us/stocks/peng) PENG · quiet · Evidence leans up · 75% evidence 64.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 30.9/35 · Revenue 26.5% · Profit 100% · Operating margin change 7.4 points · 95% evidence Capital efficiency 10.4/25 · ROCE 11.3% · Operating margin 13.4% · 76% evidence Valuation 9.1/20 · P/E 16.8× · PEG n/a · 15% evidence Relative strength 13.6/20 · Lead over its industry 26.2% · Lead over S&P 500 30.5% · 1 year 145.2% · 100% evidence · 0 of 12 weeks ahead Exact sum: 30.9 + 10.4 + 9.1 + 13.6 = 64 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Genpact Limited](https://www.sectoralpha.in/us/stocks/g) G · breaking out · Evidence leans up · 81% evidence 62.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.7/35 · Revenue 6.5% · Profit 8.2% · Operating margin change 0.1 points · 83% evidence Capital efficiency 16.5/25 · ROCE 18.3% · Operating margin 15% · 76% evidence Valuation 14.8/20 · P/E 8× · PEG 0.67 · 65% evidence Relative strength 14.6/20 · Lead over its industry 2.6% · Lead over S&P 500 1.3% · 1 year -9.6% · 100% evidence · 12 of 12 weeks ahead Exact sum: 16.7 + 16.5 + 14.8 + 14.6 = 62.6 · What this means: Relative strength against the index is 1.3%, and revenue and profit growth are weak. 7. [Ingram Micro Holding Corporation](https://www.sectoralpha.in/us/stocks/ingm) INGM · quiet · Evidence leans up · 81% evidence 60.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.6/35 · Revenue 11.5% · Profit 61% · Operating margin change 0.2 points · 83% evidence Capital efficiency 12.3/25 · ROCE 14.7% · Operating margin 1.7% · 76% evidence Valuation 14.6/20 · P/E 14.7× · PEG 0.26 · 65% evidence Relative strength 7.9/20 · Lead over its industry -1.2% · Lead over S&P 500 -0.3% · 1 year 21.1% · 100% evidence · 1 of 12 weeks ahead Exact sum: 25.6 + 12.3 + 14.6 + 7.9 = 60.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [CGI Inc.](https://www.sectoralpha.in/us/stocks/gib) GIB · breaking out · Evidence leans up · 81% evidence 58.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.9/35 · Revenue 5.7% · Profit 1.1% · Operating margin change -0.1 points · 83% evidence Capital efficiency 17.1/25 · ROCE 18.9% · Operating margin 16.2% · 76% evidence Valuation 10.8/20 · P/E 11.1× · PEG 1.6 · 65% evidence Relative strength 13.7/20 · Lead over its industry 2.4% · Lead over S&P 500 1.4% · 1 year -5.9% · 100% evidence · 8 of 12 weeks ahead Exact sum: 16.9 + 17.1 + 10.8 + 13.7 = 58.5 · What this means: Relative strength against the index is 1.4%, and revenue and profit growth are weak. 9. [Cognizant Technology Solutions Corporation](https://www.sectoralpha.in/us/stocks/ctsh) CTSH · breaking out · Evidence leans up · 81% evidence 57.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.1/35 · Revenue 5.6% · Profit -8.9% · Operating margin change 1.9 points · 83% evidence Capital efficiency 18.4/25 · ROCE 20.3% · Operating margin 17.5% · 76% evidence Valuation 12.4/20 · P/E 8.3× · PEG 1.31 · 65% evidence Relative strength 9.4/20 · Lead over its industry -2.7% · Lead over S&P 500 -4.3% · 1 year -12.8% · 100% evidence · 12 of 12 weeks ahead Exact sum: 17.1 + 18.4 + 12.4 + 9.4 = 57.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Science Applications International Corporation](https://www.sectoralpha.in/us/stocks/saic) SAIC · leader · Evidence leans up · 85% evidence 57.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 11.6/35 · Revenue -0.8% · Profit -4.8% · Operating margin change 0.2 points · 95% evidence Capital efficiency 12.7/25 · ROCE 13.9% · Operating margin 8.1% · 76% evidence Valuation 14.5/20 · P/E 13× · PEG 0.42 · 65% evidence Relative strength 18.2/20 · Lead over its industry 31.8% · Lead over S&P 500 32.2% · 1 year 65.1% · 100% evidence · 12 of 12 weeks ahead Exact sum: 11.6 + 12.7 + 14.5 + 18.2 = 57 · What this means: Relative strength against the index is 32.2%, and revenue and profit growth are weak. 11. [NIQ Global Intelligence plc](https://www.sectoralpha.in/us/stocks/niq) NIQ · leader · Evidence leans up · 61% evidence 55.0 out of 100 Growth Capital Valuation Relative 12. [Jack Henry & Associates, Inc.](https://www.sectoralpha.in/us/stocks/jkhy) JKHY · turning · Evidence leans up · 81% evidence 54.7 out of 100 Growth Capital Valuation Relative 13. [EPAM Systems, Inc.](https://www.sectoralpha.in/us/stocks/epam) EPAM · breaking out · Evidence leans up · 81% evidence 53.7 out of 100 Growth Capital Valuation Relative 14. [CDW Corporation](https://www.sectoralpha.in/us/stocks/cdw) CDW · turning · Evidence leans up · 81% evidence 52.0 out of 100 Growth Capital Valuation Relative 15. [International Business Machines Corporation](https://www.sectoralpha.in/us/stocks/ibm) IBM · turning · Evidence leans up · 85% evidence 50.9 out of 100 Growth Capital Valuation Relative 16. [Infosys Limited](https://www.sectoralpha.in/us/stocks/infy) INFY · basing · Evidence leans up · 85% evidence 50.7 out of 100 Growth Capital Valuation Relative 17. [CACI International Inc](https://www.sectoralpha.in/us/stocks/caci) CACI · leader · Evidence leans down · 85% evidence 45.9 out of 100 Growth Capital Valuation Relative 18. [Wise Group plc](https://www.sectoralpha.in/us/stocks/wse) WSE · basing · Evidence leans down · 66% evidence 43.8 out of 100 Growth Capital Valuation Relative 19. [Leidos Holdings, Inc.](https://www.sectoralpha.in/us/stocks/ldos) LDOS · losing its lead · Too little evidence to rank firmly · 58% evidence 43.6 out of 100 Growth Capital Valuation Relative 20. [Pony AI Inc.](https://www.sectoralpha.in/us/stocks/pony) PONY · quiet · Evidence leans down · 64% evidence 41.5 out of 100 Growth Capital Valuation Relative 21. [Globant S.A.](https://www.sectoralpha.in/us/stocks/glob) GLOB · breaking out · Evidence leans down · 74% evidence 41.0 out of 100 Growth Capital Valuation Relative 22. [Fidelity National Information Services, Inc.](https://www.sectoralpha.in/us/stocks/fis) FIS · basing · Evidence leans down · 64% evidence 40.9 out of 100 Growth Capital Valuation Relative 23. [DXC Technology Company](https://www.sectoralpha.in/us/stocks/dxc) DXC · breaking out · Evidence leans down · 71% evidence 40.0 out of 100 Growth Capital Valuation Relative 24. Cipher Digital Inc. this page CIFR · quiet · Evidence leans down · 64% evidence 35.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.4/35 · Revenue 20.8% · Profit n/a · Operating margin change -234.1 points · 62% evidence Capital efficiency 4.2/25 · ROCE -0.8% · Operating margin -301.7% · 76% evidence Valuation 11.4/20 · P/E -36.2× · PEG n/a · 15% evidence Relative strength 0.5/20 · Lead over its industry -55.4% · Lead over S&P 500 -55% · 1 year -60.8% · 100% evidence · 0 of 12 weeks ahead Exact sum: 19.4 + 4.2 + 11.4 + 0.5 = 35.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 25. [Kyndryl Holdings, Inc.](https://www.sectoralpha.in/us/stocks/kd) KD · quiet · Most evidence points down · 71% evidence 31.5 out of 100 Growth Capital Valuation Relative 26. [Applied Digital Corporation](https://www.sectoralpha.in/us/stocks/apld) APLD · quiet · Too little evidence to rank firmly · 55% evidence 30.9 out of 100 Growth Capital Valuation Relative 27. [ChronoScale Holdings Corporation](https://www.sectoralpha.in/us/stocks/chrn) CHRN · quiet · Too little evidence to rank firmly · 58% evidence 28.2 out of 100 Growth Capital Valuation Relative 28. [Parsons Corporation](https://www.sectoralpha.in/us/stocks/psn) PSN · turning · Most evidence points down · 81% evidence 25.4 out of 100 Growth Capital Valuation Relative Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Information Technology Services](https://www.sectoralpha.in/us/sectors/information-technology-services), all 28 compared on one page. ## Which companies are close to Cipher Digital in size? Cipher Digital is the 24th largest of 52 Information Technology Services companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Parsons Corporation, Applied Digital Corporation and GDS Holdings. Just below it: Penguin Solutions, Inc., Kyndryl Holdings, Inc. and DXC Technology Company. ### Information Technology Services companies close in size 1. [Parsons Corporation](https://www.sectoralpha.in/us/stocks/psn) $5.5 billion 2. [Applied Digital Corporation](https://www.sectoralpha.in/us/stocks/apld) $5.4 billion 3. [GDS Holdings Limited](https://www.sectoralpha.in/us/stocks/gds) $4.4 billion 4. Cipher Digital Inc. $3.4 billion 5. [Penguin Solutions, Inc.](https://www.sectoralpha.in/us/stocks/peng) $3.2 billion 6. [Kyndryl Holdings, Inc.](https://www.sectoralpha.in/us/stocks/kd) $2.8 billion 7. [DXC Technology Company](https://www.sectoralpha.in/us/stocks/dxc) $2.1 billion [All 52 Information Technology Services companies, largest first](https://www.sectoralpha.in/us/sectors/information-technology-services#all-companies) ### Companies close in size in other industries 1. [DNOW Inc.](https://www.sectoralpha.in/us/stocks/dnow) $2.9 billion · Industrial Distribution 2. [IHS Holding Limited](https://www.sectoralpha.in/us/stocks/ihs) $2.9 billion · Real Estate Services 3. Cipher Digital Inc. $2.8 billion 4. [AMC Entertainment Holdings, Inc.](https://www.sectoralpha.in/us/stocks/amc) $2.8 billion · Entertainment 5. [CECO Environmental Corp.](https://www.sectoralpha.in/us/stocks/ceco) $2.8 billion · Pollution & Treatment Controls ## What else do people ask about Cipher Digital? ### What were Cipher Digital's latest quarterly results? Cipher Digital Inc. reported revenue of $24.8 M and a net loss of $268 M for the Jun 2026 quarter. Earnings per share were −$0.65. The operating margin was −301.7%, 234.1 percentage points lower than a year earlier (as of 3 November 2026). ### What is Cipher Digital's market cap? Cipher Digital Inc.'s market capitalisation is $3.4 B at a stock price of $8.12. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Cipher Digital performing? Cipher Digital Inc.'s share price has been moving sideways for 14 weeks. Over the past 13 weeks it has done worse than the S&P 500, for 14 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will Cipher Digital's stock price go up? This page does not forecast Cipher Digital Inc.'s stock price. What it shows instead: the stock price is $8.12, and it has been moving sideways for 14 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Does Cipher Digital have too much debt? Yes, Cipher Digital Inc. has a lot of debt: its debt is 8.98× its equity. A year-by-year history of its borrowings is not in our data, so this uses the latest reading. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Where is Cipher Digital in its business cycle? Cipher Digital Inc.'s FY25 operating margin was 16.5%, against a 4-year range of −2,449.3% to 16.5%: the middle of its own range, neither a peak nor a low. The latest quarter was −301.7%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Cipher Digital story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Cipher Digital a stock worth studying right now? What the numbers show: Cipher Digital Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists - US tech stocks: https://www.sectoralpha.in/us-tech-stocks This is research, not advice. We’re not SEBI-registered.