Streetbeat News

CIFR

Cipher Mining Inc.

https://www.ciphermining.com

Industry

Financial - Capital Markets

Cipher Mining Inc., a technology company, operates in the bitcoin mining ecosystem in the United States. It engages in developing and growing a cryptocurrency mining business that specializes in bitcoin. The company was incorporated in 2021 and is based in New York, New York.

Open

6.92

Mkt cap

2.5B

Volume

14M

High

7.20

P/E Ratio

-47.73

52-wk high

7.99

Low

6.50

Div yield

N/A

52-wk low

2.15

Cipher Mining (NASDAQ:CIFR) reported Q2 earnings of $0.04 per share, beating the analyst consensus estimate of $(0.03) by 233.33%. This is a 150% increase over losses of $(0.08) per share from the same period last year. However, the company's quarterly sales of $31.22 million missed the analyst consensus estimate of $32.20 million by 3.04%.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 11:03 am

Cipher Mining (NASDAQ:CIFR) is set to release its latest quarterly earnings report on Tuesday, 2023-08-08. Analysts estimate an earnings per share (EPS) of $-0.03. The company's past performance shows a trend of beating EPS estimates, which has led to increases in share price. Shares of Cipher Mining were trading at $3.47 as of August 04, with a 52-week increase of 55.53%.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 6:01 pm

Needham analyst John Todaro has maintained a 'Buy' rating on Cipher Mining (NASDAQ:CIFR) and raised the price target from $4 to $5.

Portfolio Pulse from richadhand@benzinga.com

August 04, 2023 | 10:53 am

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 6:24 pm

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 6:28 pm

The article lists five tech stocks that are considered overbought and may experience a fall in the short term. These include Cipher Mining Inc. (CIFR), Bitdeer Technologies Group (BTDR), Applied Optoelectronics, Inc. (AAOI), Riot Platforms, Inc. (RIOT), and Super Micro Computer, Inc. (SMCI). The Relative Strength Index (RSI) of these stocks is above 70, indicating they are overbought.

Portfolio Pulse from Lisa Levin

July 12, 2023 | 12:48 pm

During Friday's intraday session, several information technology stocks experienced significant movements. Notable gainers included Gorilla Tech Gr (GRRR), Greenidge Generation Hldg (GREE), ICZOOM Group (IZM), Stronghold Digital Mining (SDIG), Applied Optoelectronics (AAOI), and Cipher Mining (CIFR). On the other hand, FOXO Technologies (FOXO), Neonode (NEON), VIA optronics (VIAO), Powerbridge Technologies (PBTS), Presto Automation (PRST), and UTStarcom Holdings (UTSI) saw their stock prices decrease.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 5:37 pm

Several US stocks recorded gains on Friday, with Castle Biosciences, CareDx, TMC the metals company, Paramount Group, Iris Energy, Rivian Automotive, Eos Energy Enterprises, Riot Platforms, COMPASS Pathways, TG Therapeutics, Cipher Mining, Kura Sushi USA, Maxeon Solar Technologies, Rackspace Technology, Clear Channel Outdoor Holdings, SoundHound AI, WW International, Nikola Corporation, and Alibaba Group Holding Limited all seeing increases. Alibaba's rise comes after China ended its regulatory overhaul on fintech affiliate Ant Group, imposing a penalty of 7.12 billion yuan ($984 million).

Portfolio Pulse from Lisa Levin

July 07, 2023 | 2:16 pm

Advanced Health Intelligence Ltd. (AHI) shares gained 110.8% in pre-market trading after signing a Letter of Intention with UAE-based Pharmak Pharmacy. LumiraDx Limited (LMDX) shares surged 34.9% after receiving UK approval for its COVID Ultra and COVID & RSV Tests. Other stocks with significant pre-market movements include Marpai, Inc. (MRAI), Blue Star Foods Corp. (BSFC), and Greenpro Capital Corp. (GRNQ).

Portfolio Pulse from Lisa Levin

June 21, 2023 | 12:10 pm

During Friday's intraday session, several IT stocks experienced significant price movements. Gainers included IronNet, ICZOOM Group, MicroCloud Hologram, Cipher Mining, Bitdeer Technologies, and Greenidge Generation Hldg. Losers were MMTEC, WeTrade Group, Sonic Foundry, Focus Universal, Infobird Co, and Bonso Electronics Intl.

Portfolio Pulse from Benzinga Insights

June 16, 2023 | 5:32 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.