CIFR
Cipher Mining Inc.
There isn't enough reported data to score CIFR yet.
HWBK
Hawthorn Bancshares, Inc.
HWBK's fundamentals are strong: revenue grew 12% and its operating margin rose 2 points to 37%. At 10x earnings, it's trading in line with its usual 10x.
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.
HWBK Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
HWBK's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like HWBK.
CIFR PE Valuation
CIFR has no meaningful PE right now: it lost money over the past year.
HWBK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.5x | $28.38 | -28% |
| Fair | 10x | $37.82 | -4% |
| Current | 10x | $39.40 | — |
| Expensive | 12x | $45.45 | +15% |
Historical ranges are pointers, not guarantees.
HWBK's PE is in its fair range at 10x.
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.
HWBK Forward outlook
There aren't enough analyst estimates for HWBK to show an outlook.
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.
HWBK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $3.80 | +19% |
| Q2 2026 | $3.67 | +24% |
| Q1 2026 | $3.49 | +27% |
| Q4 2025 | $3.43 | +31% |
| Q3 2025 | $3.19 | +258% |
| Q2 2025 | $2.97 | +403% |
| Q1 2025 | $2.75 | +848% |
| Q4 2024 | $2.61 | +2075% |
HWBK has the edge over CIFR on earnings quality, reporting a profit while its opponent remains loss making.
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.
HWBK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $23M | +12% |
| Q2 2026 | $22.6M | +15% |
| Q1 2026 | $20.2M | +7.7% |
| Q4 2025 | $21.2M | +12% |
| Q3 2025 | $20.6M | +14% |
| Q2 2025 | $19.7M | +8.4% |
| Q1 2025 | $18.8M | +5.6% |
| Q4 2024 | $18.9M | +4.8% |
HWBK has the edge over CIFR on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 35% | -2.7 points |
| Q2 2026 | 39% | +1.6 points |
| Q1 2026 | 36% | +2.3 points |
| Q4 2025 | 37% | +7.4 points |
| Q3 2025 | 38% | +6.7 points |
| Q2 2025 | 38% | +6.5 points |
| Q1 2025 | 33% | +2.8 points |
| Q4 2024 | 30% | +84 points |
HWBK has the edge over CIFR on profitability, with a higher operating margin.
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.
HWBK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$2.1M | -$1.4M |
| Q2 2026 | $9.5M | +87% |
| Q1 2026 | $6.1M | +12% |
| Q4 2025 | $13M | +1196% |
| Q3 2025 | -$734K | -109% |
| Q2 2025 | $5.1M | -39% |
| Q1 2025 | $5.5M | +8% |
| Q4 2024 | $1M | -78% |
HWBK has the edge over CIFR on cash generation, producing positive trailing cash flow while its opponent burns cash.
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.
HWBK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.6% | +111K shares |
| 1 year | +1.4% | +95.3K shares |
| 3 years | -0.3% | -22K shares |
| 5 years | -2% | -140K shares |
| Available history | -4.4% | -325K shares |
HWBK has the edge over CIFR on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $4,000 |
| Q1 2026 | $400,000 |
| Q4 2025 | $331,000 |
| Q3 2025 | $308,000 |
| Q2 2025 | $1.8M |
| Q1 2025 | $440,000 |
| Q4 2024 | $13,000 |
HWBK spent $735,000 buying back its own shares over the past year, down 71% from the year before.
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.
HWBK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.0x | Net Cash |
| Q2 2026 | -1.0x | Net Cash |
| Q1 2026 | -3.1x | Net Cash |
| Q4 2025 | 1.5x | Healthy |
| Q3 2025 | -3.4x | Net Cash |
| Q2 2025 | -3.7x | Net Cash |
| Q1 2025 | -4.1x | Net Cash |
| Q4 2024 | -2.1x | Net Cash |
HWBK has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like HWBK.
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).
HWBK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 57.2 | Neutral |
| Stochastic | 71.1 | Neutral |
HWBK's weekly RSI is 57 (neutral) and its Stochastic is 71 (neutral).
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.
HWBK PE vs Financial Services Sector
| Metric | HWBK | Sector median | Relative |
|---|---|---|---|
| PE | 10x | 13x | 20% below |
| PE % | 62 | 63 | 1 pt below |
HWBK is trading at 10x earnings, a 20% discount to the Financial Services sector's median of 13x.
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.
HWBK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $38.7 | 1.9% above |
| 20 week MA | $39.0 | 0.9% above |
| 50 week MA | $36.4 | 8.2% above |
| 100 week MA | $33.3 | 18% above |
| 200 week MA | $27.3 | 44% above |
HWBK has the edge over CIFR on trend strength, trading above more of its moving averages.
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.
HWBK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $21.3 | $19.6 | -8.1% |
| 2021 | $19.6 | $23.1 | +18% |
| 2022 | $23.1 | $20.4 | -12% |
| 2023 | $20.4 | $25.4 | +25% |
| 2024 | $25.4 | $28.3 | +12% |
| 2025 | $28.3 | $32.2 | +14% |
| 2026 YTD | $32.2 | $39.4 | +22% |
HWBK has the edge over CIFR on returns for 2026, with the stronger performance.