In the latest trading session, Cipher Mining Inc. (CIFR) closed at $17.11, marking a +2.06% move from the previous day. The stock's performance was ahead of the S&P 500's daily loss of 0.33%. Elsewhere, the Dow saw an upswing of 0.1%, while the tech-heavy Nasdaq depreciated by 0.59%.
The company's stock has dropped by 5.2% in the past month, exceeding the Business Services sector's loss of 7.51% and lagging the S&P 500's loss of 0%.
Analysts and investors alike will be keeping a close eye on the performance of Cipher Mining Inc. in its upcoming earnings disclosure. The company's earnings report is set to go public on February 24, 2026. The company is forecasted to report an EPS of -$0.12, showcasing a 300% downward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be $78.71 million, indicating a 86.42% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates are projecting earnings of -$0.36 per share and revenue of $241.88 million, which would represent changes of -157.14% and +59.9%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Cipher Mining Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 3.04% lower. Right now, Cipher Mining Inc. possesses a Zacks Rank of #4 (Sell).
The Technology Services industry is part of the Business Services sector. At present, this industry carries a Zacks Industry Rank of 157, placing it within the bottom 36% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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Cipher Mining Inc. (CIFR): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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