From Nasdaq: 2025-03-31 18:15:00

Cipher Mining Inc. (CIFR) closed at $2.30, down -0.86% from the previous day. The stock lagged behind the S&P 500, which gained 0.55%. In the past month, CIFR’s stock dropped 43.14%, compared to the sector and S&P 500 losses of 5.96% and 6.22%, respectively.

Investors await CIFR’s earnings report, with an estimated EPS of -$0.11 and revenue of $49.65 million, up 3.13% from last year. Full-year estimates predict earnings of -$0.38 per share and revenue of $276.02 million, indicating changes of -171.43% and +82.47% from the prior year.

Cipher Mining Inc. currently holds a Zacks Rank of #3 (Hold). The Technology Services industry, part of the Business Services sector, ranks at 52 out of over 250 industries. The top 50% ranked industries tend to outperform the bottom half by a 2-to-1 ratio.

A new top chip stock, 1/9,000th the size of NVIDIA, is poised for growth amidst increasing demand for AI, ML, and IoT. With global semiconductor manufacturing projected to reach $803 billion by 2028, this stock has significant potential. Visit Zacks.com for more stock-influencing metrics and insights.



Read more at Nasdaq: Cipher Mining Inc. (CIFR) Stock Sinks As Market Gains: What You Should Know