CIFR

Cipher Mining Inc.

There isn't enough reported data to score CIFR yet.

IBKR

Interactive Brokers Group, Inc.

59
Fundamentals70/ 100
Valuation34/ 100
Upside potential74/ 100
Risk potential13/ 100

IBKR's fundamentals are strong, but it looks expensive: trading at 31x earnings, above its usual 23x. Analysts expect strong earnings growth.

CIFR Fundamentals

MetricStatus
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.

IBKR Fundamentals

MetricStatus
Healthy
Strong
N/A
N/A

IBKR's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like IBKR.

CIFR PE Valuation

CIFR has no meaningful PE right now: it lost money over the past year.

IBKR PE Valuation

CHEAPFAIREXPENSIVE11x21x32x43x
CHEAPFAIREXPENSIVE11x21x32x43x
LevelPEPriceVs current
Cheap19x$50.15-38%
Fair23x$60.78-25%
Forward26x$81.33—
Current31x$81.33—
Expensive32x$84.00+3.3%

Historical ranges are pointers, not guarantees.

IBKR's PE is in its expensive range at 31x. If earnings grow as analysts expect, today's price would be 26x next year's earnings, in its fair range.

CIFR Forward outlook

MetricOutlook
--
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.

IBKR Forward outlook

MetricOutlook
Improving
Strong growth
Strong growth
Improving
Limited
High

Analysts expect strong earnings and revenue growth for IBKR, with profitability improving.

CIFR Risk to reward

ScenarioChangePrice
UpsideUnknown—
DownsideUnknown—

Calculated from the latest close: $7.15 on Nov 12.

There is not enough scenario data to compare CIFR and IBKR's risk to reward.

IBKR Risk to reward

ScenarioChangePrice
Upside+37%$111.44
Downside-13%$70.83

Calculated from the latest close: $81.33 on Nov 12.

There is not enough scenario data to compare CIFR and IBKR's risk to reward.

CIFR Earnings Per Share

Q4 2023: $-0.10Q1 2024: $0.06Q2 2024: $0.06Q3 2024: $-0.13Q4 2024: $-0.14Q1 2025: $-0.38Q2 2025: $-0.45Q3 2025: $-0.20Q4 2025: $-2.15Q1 2026: $-2.32Q2 2026: $-2.85Q3 2026: $-3.06
Q4 2023: $-0.10Q1 2024: $0.06Q2 2024: $0.06Q3 2024: $-0.13Q4 2024: $-0.14Q1 2025: $-0.38Q2 2025: $-0.45Q3 2025: $-0.20Q4 2025: $-2.15Q1 2026: $-2.32Q2 2026: $-2.85Q3 2026: $-3.06
QuarterTTM EPSYoY
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.

IBKR Earnings Per Share

Q4 2023: $1.42Q1 2024: $1.47Q2 2024: $1.58Q3 2024: $1.60Q4 2024: $1.73Q1 2025: $1.81Q2 2025: $1.91Q3 2025: $2.08Q4 2025: $2.22Q1 2026: $2.33Q2 2026: $2.50Q3 2026: $2.60Forward: $3.18
Q4 2023: $1.42Q1 2024: $1.47Q2 2024: $1.58Q3 2024: $1.60Q4 2024: $1.73Q1 2025: $1.81Q2 2025: $1.91Q3 2025: $2.08Q4 2025: $2.22Q1 2026: $2.33Q2 2026: $2.50Q3 2026: $2.60Forward: $3.18
QuarterTTM EPSYoY
Forward$3.18+22%
Q3 2026$2.60+25%
Q2 2026$2.50+31%
Q1 2026$2.33+29%
Q4 2025$2.22+28%
Q3 2025$2.08+30%
Q2 2025$1.91+21%
Q1 2025$1.81+23%
Q4 2024$1.73+22%

IBKR has the edge over CIFR on earnings quality, reporting a profit while its opponent remains loss making.

CIFR Quarterly Revenue

Q4 2023: $43MQ1 2024: $48MQ2 2024: $37MQ3 2024: $24MQ4 2024: $42MQ1 2025: $49MQ2 2025: $44MQ3 2025: $72MQ4 2025: $60MQ1 2026: $35MQ2 2026: $25MQ3 2026: $27M
Q4 2023: $43MQ1 2024: $48MQ2 2024: $37MQ3 2024: $24MQ4 2024: $42MQ1 2025: $49MQ2 2025: $44MQ3 2025: $72MQ4 2025: $60MQ1 2026: $35MQ2 2026: $25MQ3 2026: $27M
QuarterRevenueYoY
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.

IBKR Quarterly Revenue

Q4 2023: $1.1BQ1 2024: $1.2BQ2 2024: $1.2BQ3 2024: $1.4BQ4 2024: $1.4BQ1 2025: $1.4BQ2 2025: $1.5BQ3 2025: $1.7BQ4 2025: $1.6BQ1 2026: $1.7BQ2 2026: $1.9BQ3 2026: $1.9B
Q4 2023: $1.1BQ1 2024: $1.2BQ2 2024: $1.2BQ3 2024: $1.4BQ4 2024: $1.4BQ1 2025: $1.4BQ2 2025: $1.5BQ3 2025: $1.7BQ4 2025: $1.6BQ1 2026: $1.7BQ2 2026: $1.9BQ3 2026: $1.9B
QuarterRevenueYoY
Q3 2026$1.9B+16%
Q2 2026$1.9B+28%
Q1 2026$1.7B+17%
Q4 2025$1.6B+18%
Q3 2025$1.7B+21%
Q2 2025$1.5B+20%
Q1 2025$1.4B+19%
Q4 2024$1.4B+22%

IBKR has the edge over CIFR on sales, with more consistent year-over-year improvement.

CIFR Free Cash Flow

Q4 2023: −$114MQ1 2024: −$35MQ2 2024: −$33MQ3 2024: −$83MQ4 2024: −$76MQ1 2025: −$72MQ2 2025: −$88MQ3 2025: −$256MQ4 2025: −$280MQ1 2026: −$462MQ2 2026: −$654MQ3 2026: −$1.7B
Q4 2023: −$114MQ1 2024: −$35MQ2 2024: −$33MQ3 2024: −$83MQ4 2024: −$76MQ1 2025: −$72MQ2 2025: −$88MQ3 2025: −$256MQ4 2025: −$280MQ1 2026: −$462MQ2 2026: −$654MQ3 2026: −$1.7B
QuarterFree cash flowYoY
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.

IBKR Free Cash Flow

Q4 2023: $2.4BQ1 2024: $1.7BQ2 2024: $1.6BQ3 2024: $3.6BQ4 2024: $1.8BQ1 2025: $2.6BQ2 2025: $7.1BQ3 2025: $4.5BQ4 2025: $1.6BQ1 2026: $3.6BQ2 2026: $6.2BQ3 2026: $858M
Q4 2023: $2.4BQ1 2024: $1.7BQ2 2024: $1.6BQ3 2024: $3.6BQ4 2024: $1.8BQ1 2025: $2.6BQ2 2025: $7.1BQ3 2025: $4.5BQ4 2025: $1.6BQ1 2026: $3.6BQ2 2026: $6.2BQ3 2026: $858M
QuarterFree cash flowYoY
Q3 2026$858M-81%
Q2 2026$6.2B-13%
Q1 2026$3.6B+40%
Q4 2025$1.6B-12%
Q3 2025$4.5B+25%
Q2 2025$7.1B+340%
Q1 2025$2.6B+54%
Q4 2024$1.8B-22%

IBKR has the edge over CIFR on cash generation, producing positive trailing cash flow while its opponent burns cash.

CIFR Total Shares

Q4 2023: 252MQ1 2024: 304MQ2 2024: 314MQ3 2024: 333MQ4 2024: 323MQ1 2025: 361MQ2 2025: 375MQ3 2025: 393MQ4 2025: 382MQ1 2026: 405MQ2 2026: 409MQ3 2026: 440M
Q4 2023: 252MQ1 2024: 304MQ2 2024: 314MQ3 2024: 333MQ4 2024: 323MQ1 2025: 361MQ2 2025: 375MQ3 2025: 393MQ4 2025: 382MQ1 2026: 405MQ2 2026: 409MQ3 2026: 440M
PeriodChange %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.

IBKR Total Shares

Q4 2023: 423MQ1 2024: 433MQ2 2024: 435MQ3 2024: 438MQ4 2024: 436MQ1 2025: 439MQ2 2025: 441MQ3 2025: 447MQ4 2025: 444MQ1 2026: 448MQ2 2026: 450MQ3 2026: 454M
Q4 2023: 423MQ1 2024: 433MQ2 2024: 435MQ3 2024: 438MQ4 2024: 436MQ1 2025: 439MQ2 2025: 441MQ3 2025: 447MQ4 2025: 444MQ1 2026: 448MQ2 2026: 450MQ3 2026: 454M
PeriodChange %Net change
Quarterly+0.9%+3.8M shares
1 year+1.7%+7.4M shares
3 years+6%+25.9M shares
5 years+17%+66M shares
Available history+48%+147M shares

IBKR has the edge over CIFR on shareholder dilution, with a more favorable share count trend.

CIFR Net Leverage

Q4 2023: -2.2xQ1 2024: -0.9xQ2 2024: -1.2xQ3 2024: -0.7xQ4 2024: 0.5xQ1 2025: 125.4xQ3 2025: -2.3x
Q4 2023: -2.2xQ1 2024: -0.9xQ2 2024: -1.2xQ3 2024: -0.7xQ4 2024: 0.5xQ1 2025: 125.4xQ3 2025: -2.3x
QuarterNet LeverageStatus
Q3 2025-2.3xNet Cash
Q1 2025125.4xHigh
Q4 20240.5xVery low
Q3 2024-0.7xNet Cash
Q2 2024-1.2xNet Cash
Q1 2024-0.9xNet Cash
Q4 2023-2.2xNet Cash
Q2 2023-0.1xNet Cash

CIFR has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like CIFR.

IBKR Net Leverage

Q4 2023: -1.2xQ1 2024: -1.3xQ2 2024: -1.1xQ3 2024: -1.0xQ4 2024: -1.0xQ1 2025: -0.9xQ2 2025: -1.1xQ3 2025: -1.1xQ4 2025: -1.0xQ1 2026: -1.0xQ2 2026: -1.4xQ3 2026: -1.1x
Q4 2023: -1.2xQ1 2024: -1.3xQ2 2024: -1.1xQ3 2024: -1.0xQ4 2024: -1.0xQ1 2025: -0.9xQ2 2025: -1.1xQ3 2025: -1.1xQ4 2025: -1.0xQ1 2026: -1.0xQ2 2026: -1.4xQ3 2026: -1.1x
QuarterNet LeverageStatus
Q3 2026-1.1xNet Cash
Q2 2026-1.4xNet Cash
Q1 2026-1.0xNet Cash
Q4 2025-1.0xNet Cash
Q3 2025-1.1xNet Cash
Q2 2025-1.1xNet Cash
Q1 2025-0.9xNet Cash
Q4 2024-1.0xNet Cash

IBKR has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like IBKR.

CIFR Weekly Momentum

MetricValueStatus
RSI34.4Neutral
Stochastic7.8Oversold

CIFR's weekly RSI is 34 (neutral) and its Stochastic is 8 (oversold).

IBKR Weekly Momentum

MetricValueStatus
RSI45.8Neutral
Stochastic19.1Oversold

IBKR's weekly RSI is 46 (neutral) and its Stochastic is 19 (oversold).

CIFR PE vs Financial Services Sector

MetricCIFRSector medianRelative
PEN/A13x—

CIFR has no meaningful PE right now: it lost money over the past year.

IBKR PE vs Financial Services Sector

MetricIBKRSector medianRelative
PE31x13x140% above
PE %796316 pts above

IBKR is trading at 31x earnings, a 140% premium to the Financial Services sector's median of 13x.

CIFR Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$10.633% below
20 week MA$15.554% below
50 week MA$17.058% below
100 week MA$12.241% below
200 week MA$7.869% below

CIFR is in a downtrend: it's below all five of its weekly moving averages, and 9% below its 200-week average.

IBKR Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$82.81.8% below
20 week MA$88.17.7% below
50 week MA$80.41.1% above
100 week MA$68.020% above
200 week MA$47.173% above

IBKR has the edge over CIFR on trend strength, trading above more of its moving averages.

CIFR Yearly ROI

YearStart priceEnd priceROI
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.

IBKR Yearly ROI

YearStart priceEnd priceROI
2020$11.8$15.3+30%
2021$15.3$20.0+31%
2022$20.0$18.4-7.9%
2023$18.4$20.7+12%
2024$20.7$44.8+116%
2025$44.8$66.2+48%
2026 YTD$66.2$81.3+23%

IBKR has the edge over CIFR on returns for 2026, with the stronger performance.

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