ALRS
Alerus Financial Corporation
ALRS's fundamentals are weak and it looks expensive: trading at 29x earnings, more than twice its usual 12x. Analysts expect earnings growth.
CIFR
Cipher Mining Inc.
There isn't enough reported data to score CIFR yet.
ALRS Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| N/A | |
| N/A |
ALRS's revenue and profitability are currently stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like ALRS.
CIFR Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Weak | |
| N/A | |
| N/A |
CIFR's revenue and profitability are currently weak. Free cash flow and net leverage aren't meaningful measures for financial services companies like CIFR.
ALRS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.5x | $11.26 | -67% |
| Fair | 12x | $13.75 | -60% |
| Forward | 12x | $34.27 | — |
| Current | 29x | $34.27 | — |
| Expensive | 35x | $41.75 | +22% |
Historical ranges are pointers, not guarantees.
ALRS's PE is in its expensive range at 29x. If earnings grow as analysts expect, today's price would be 12x next year's earnings, in its fair range.
CIFR PE Valuation
CIFR has no meaningful PE right now: it lost money over the past year.
ALRS Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for ALRS, with profitability improving.
CIFR Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect CIFR's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
ALRS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.86 | +140% |
| Q3 2026 | $1.19 | -37% |
| Q2 2026 | $1.08 | -28% |
| Q1 2026 | $1.05 | +1.9% |
| Q4 2025 | $0.68 | -18% |
| Q3 2025 | $1.89 | +1012% |
| Q2 2025 | $1.50 | +317% |
| Q1 2025 | $1.03 | +106% |
| Q4 2024 | $0.83 | +43% |
ALRS has the edge over CIFR on earnings quality, reporting a profit while its opponent remains loss making.
CIFR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$3.06 | -$2.86 |
| Q2 2026 | -$2.85 | -$2.40 |
| Q1 2026 | -$2.32 | -$1.94 |
| Q4 2025 | -$2.15 | -$2.01 |
| Q3 2025 | -$0.20 | -$0.07 |
| Q2 2025 | -$0.45 | -850% |
| Q1 2025 | -$0.38 | -733% |
| Q4 2024 | -$0.14 | -$0.04 |
CIFR lost $3.06 per share over the past year, and its loss has widened in each of the last four quarters.
ALRS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $81.1M | +12% |
| Q2 2026 | $80.7M | +7.8% |
| Q1 2026 | $75.8M | +10% |
| Q4 2025 | $8.2M | -89% |
| Q3 2025 | $72.6M | +43% |
| Q2 2025 | $74.8M | +46% |
| Q1 2025 | $68.8M | +45% |
| Q4 2024 | $72.2M | +223% |
ALRS has the edge over CIFR on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 31% | +0.5 points |
| Q2 2026 | 34% | -1.4 points |
| Q1 2026 | 40% | +14 points |
| Q4 2025 | -527% | -527 points |
| Q3 2025 | 30% | +17 points |
| Q2 2025 | 35% | +19 points |
| Q1 2025 | 26% | +7.6 points |
| Q4 2024 | -0.4% | +79 points |
ALRS has the edge over CIFR on profitability, with a higher operating margin.
CIFR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $26.7M | -63% |
| Q2 2026 | $24.8M | -43% |
| Q1 2026 | $34.8M | -29% |
| Q4 2025 | $59.7M | +41% |
| Q3 2025 | $71.7M | +198% |
| Q2 2025 | $43.6M | +18% |
| Q1 2025 | $49M | +1.7% |
| Q4 2024 | $42.2M | -2.8% |
CIFR's revenue has slid since its 2025 peak: $27M last quarter, down 63% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -269% | -217 points |
| Q2 2026 | -316% | -212 points |
| Q1 2026 | -329% | -251 points |
| Q4 2025 | -503% | -544 points |
| Q3 2025 | -52% | +327 points |
| Q2 2025 | -104% | -60 points |
| Q1 2025 | -78% | -175 points |
| Q4 2024 | 40% | +4 points |
CIFR's operating margin was −269% last quarter, down 217 points from the same quarter a year ago.
ALRS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $52.7M | +74% |
| Q2 2026 | $17.9M | +137% |
| Q1 2026 | $25.8M | +356% |
| Q4 2025 | $15.3M | +241% |
| Q3 2025 | $30.3M | +87% |
| Q2 2025 | $7.6M | +$22.7M |
| Q1 2025 | $5.7M | -49% |
| Q4 2024 | $4.5M | +$7.5M |
ALRS has the edge over CIFR on cash generation, producing positive trailing cash flow while its opponent burns cash.
CIFR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$1.7B | -$1.4B |
| Q2 2026 | -$653.8M | -$566.3M |
| Q1 2026 | -$462.5M | -$390.7M |
| Q4 2025 | -$280.3M | -$204.2M |
| Q3 2025 | -$256.2M | -$173.1M |
| Q2 2025 | -$87.5M | -$54.3M |
| Q1 2025 | -$71.8M | -$37.3M |
| Q4 2024 | -$76.1M | +$38M |
CIFR's free cash flow was −$3.1B over the past year, against −$492M the year before. Free cash flow isn't a meaningful measure for financial services companies like CIFR.
ALRS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.9% | -234K shares |
| 1 year | -2.1% | -552K shares |
| 3 years | +25% | +5.1M shares |
| 5 years | +44% | +7.7M shares |
| Available history | +67% | +10.1M shares |
ALRS has the edge over CIFR on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $8.3M |
| Q2 2026 | $7.1M |
| Q1 2026 | $6.5M |
| Q4 2025 | $219,000 |
| Q3 2025 | $342,000 |
| Q2 2025 | $49,000 |
| Q1 2025 | $127,000 |
| Q4 2024 | $44,000 |
ALRS spent $22M buying back its own shares over the past year, more than ten times what it spent the year before.
CIFR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +7.4% | +30.3M shares |
| 1 year | +12% | +46.5M shares |
| 3 years | +75% | +188M shares |
| 5 years | +102% | +222M shares |
CIFR has 440M diluted shares, up 12% from a year ago, despite $151M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $19.7M |
| Q2 2026 | $45.2M |
| Q1 2026 | $3.8M |
| Q4 2025 | $82.3M |
| Q3 2025 | $3M |
| Q2 2025 | $3.2M |
| Q1 2025 | $1.1M |
| Q4 2024 | $16.9M |
CIFR spent $151M buying back its own shares over the past year, about six times what it spent the year before.
ALRS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 5.9x | High |
| Q2 2026 | 5.8x | High |
| Q1 2026 | 2.6x | Moderate |
| Q4 2025 | 7.9x | High |
| Q3 2025 | 2.1x | Moderate |
| Q2 2025 | 4.6x | High |
| Q1 2025 | 4.0x | High |
| Q4 2024 | 7.2x | High |
ALRS's net debt is about 5.9 years of its operating earnings (EBITDA), up from 2.1 years a year ago. Net leverage isn't a meaningful measure for financial services companies like ALRS.
CIFR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2025 | -2.3x | Net Cash |
| Q1 2025 | 125.4x | High |
| Q4 2024 | 0.5x | Very low |
| Q3 2024 | -0.7x | Net Cash |
| Q2 2024 | -1.2x | Net Cash |
| Q1 2024 | -0.9x | Net Cash |
| Q4 2023 | -2.2x | Net Cash |
| Q2 2023 | -0.1x | Net Cash |
CIFR has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like CIFR.
ALRS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 67.7 | Neutral |
| Stochastic | 74.9 | Neutral |
ALRS's weekly RSI is 68 (neutral) and its Stochastic is 75 (neutral).
CIFR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 34.4 | Neutral |
| Stochastic | 7.8 | Oversold |
CIFR's weekly RSI is 34 (neutral) and its Stochastic is 8 (oversold).
ALRS PE vs Financial Services Sector
| Metric | ALRS | Sector median | Relative |
|---|---|---|---|
| PE | 29x | 13x | 121% above |
| PE % | 76 | 63 | 13 pts above |
ALRS is trading at 29x earnings, a 121% premium to the Financial Services sector's median of 13x.
CIFR PE vs Financial Services Sector
| Metric | CIFR | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
CIFR has no meaningful PE right now: it lost money over the past year.
ALRS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $32.6 | 5.2% above |
| 20 week MA | $32.7 | 4.8% above |
| 50 week MA | $28.3 | 21% above |
| 100 week MA | $24.5 | 40% above |
| 200 week MA | $22.2 | 55% above |
ALRS has the edge over CIFR on trend strength, trading above more of its moving averages.
CIFR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $10.6 | 33% below |
| 20 week MA | $15.5 | 54% below |
| 50 week MA | $17.0 | 58% below |
| 100 week MA | $12.2 | 41% below |
| 200 week MA | $7.86 | 9% below |
CIFR is in a downtrend: it's below all five of its weekly moving averages, and 9% below its 200-week average.
ALRS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $22.8 | $27.1 | +19% |
| 2021 | $27.1 | $29.5 | +8.9% |
| 2022 | $29.5 | $23.3 | -21% |
| 2023 | $23.3 | $22.4 | -3.9% |
| 2024 | $22.4 | $19.2 | -14% |
| 2025 | $19.2 | $21.8 | +13% |
| 2026 YTD | $21.8 | $34.3 | +57% |
ALRS has the edge over CIFR on returns for 2026, with the stronger performance.
CIFR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.92 | $9.95 | +0.3% |
| 2021 | $9.95 | $5.21 | -48% |
| 2022 | $5.21 | $0.54 | -90% |
| 2023 | $0.54 | $4.13 | +665% |
| 2024 | $4.13 | $4.86 | +18% |
| 2025 | $4.86 | $15.2 | +213% |
| 2026 YTD | $15.2 | $7.15 | -53% |
CIFR's yearly returns have swung widely, from +665% in 2023 to −90% in 2022. It's down 53% so far in 2026.