AMG
Affiliated Managers Group, Inc.
AMG's fundamentals are strong: its operating margin rose 12 points to 58% and revenue grew 14%. At 14x earnings, it's trading above its usual 12x. Analysts expect strong earnings growth.
CIFR
Cipher Mining Inc.
There isn't enough reported data to score CIFR yet.
AMG Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
AMG's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like AMG.
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.
AMG PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.7x | $246 | -38% |
| Forward | 9.3x | $393 | — |
| Fair | 12x | $353 | -10% |
| Current | 14x | $393 | — |
| Expensive | 20x | $555 | +41% |
Historical ranges are pointers, not guarantees.
AMG's PE is in its fair range at 14x. If earnings grow as analysts expect, today's price would be 9.3x next year's earnings, in its cheap range.
CIFR PE Valuation
CIFR has no meaningful PE right now: it lost money over the past year.
AMG Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for AMG, 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.
AMG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $42.30 | +49% |
| Q3 2026 | $28.30 | +68% |
| Q2 2026 | $28.53 | +108% |
| Q1 2026 | $24.38 | +85% |
| Q4 2025 | $22.74 | +50% |
| Q3 2025 | $16.82 | +9.2% |
| Q2 2025 | $13.73 | -20% |
| Q1 2025 | $13.19 | -27% |
| Q4 2024 | $15.13 | -13% |
AMG 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.
AMG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $595.2M | +13% |
| Q2 2026 | $640.7M | +30% |
| Q1 2026 | $544.9M | +9.7% |
| Q4 2025 | $556.6M | +6.2% |
| Q3 2025 | $528M | +2.2% |
| Q2 2025 | $493.2M | -1.4% |
| Q1 2025 | $496.6M | -0.7% |
| Q4 2024 | $524.3M | +4.3% |
AMG has the edge over CIFR on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 54% | -14 points |
| Q2 2026 | 48% | +13 points |
| Q1 2026 | 35% | +9.9 points |
| Q4 2025 | 94% | +42 points |
| Q3 2025 | 69% | +27 points |
| Q2 2025 | 35% | -0.9 points |
| Q1 2025 | 25% | -25 points |
| Q4 2024 | 52% | -2.3 points |
AMG 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.
AMG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $360.1M | +31% |
| Q2 2026 | $239M | +4.2% |
| Q1 2026 | $295.5M | +43% |
| Q4 2025 | $254.5M | +20% |
| Q3 2025 | $275.9M | +4.3% |
| Q2 2025 | $229.4M | -6.2% |
| Q1 2025 | $207.3M | -0.4% |
| Q4 2024 | $211.4M | -15% |
AMG 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.
AMG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -3% | -800K shares |
| 1 year | -21% | -6.8M shares |
| 3 years | -38% | -16M shares |
| 5 years | -43% | -19.3M shares |
| Available history | -48% | -24.5M shares |
AMG has the edge over CIFR on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $402.6M |
| Q2 2026 | $179.7M |
| Q1 2026 | $185.1M |
| Q4 2025 | $353.1M |
| Q3 2025 | $75.7M |
| Q2 2025 | $101.3M |
| Q1 2025 | $176.2M |
| Q4 2024 | $120.3M |
AMG spent $1.1B buying back its own shares over the past year, up 137% from 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.
AMG Net Leverage
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.
AMG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 63.3 | Neutral |
| Stochastic | 62.0 | Neutral |
AMG's weekly RSI is 63 (neutral) and its Stochastic is 62 (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).
AMG PE vs Financial Services Sector
| Metric | AMG | Sector median | Relative |
|---|---|---|---|
| PE | 14x | 13x | 6.8% above |
| PE % | 59 | 63 | 4 pts below |
AMG is trading at 14x earnings, in line with 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.
AMG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $379.7 | 3.6% above |
| 20 week MA | $369.8 | 6.4% above |
| 50 week MA | $328.5 | 20% above |
| 100 week MA | $264.2 | 49% above |
| 200 week MA | $209.8 | 88% above |
AMG 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.
AMG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $85.0 | $101.7 | +20% |
| 2021 | $101.7 | $160.8 | +58% |
| 2022 | $160.8 | $156.9 | -2.4% |
| 2023 | $156.9 | $151.4 | -3.5% |
| 2024 | $151.4 | $187.6 | +24% |
| 2025 | $187.6 | $296.1 | +58% |
| 2026 YTD | $296.1 | $393.5 | +33% |
AMG 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.