CIFR
Cipher Mining Inc.
There isn't enough reported data to score CIFR yet.
INDB
Independent Bank Corp.
INDB's fundamentals are strong: revenue grew 31% and its operating margin rose 12 points to 41%. At 12x earnings, it's trading below its usual 15x. Analysts expect earnings growth.
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.
INDB Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
INDB's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like INDB.
CIFR PE Valuation
CIFR has no meaningful PE right now: it lost money over the past year.
INDB PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 10x | $67.21 | -20% |
| Forward | 10x | $84.12 | — |
| Current | 12x | $84.12 | — |
| Fair | 15x | $100 | +19% |
| Expensive | 18x | $122 | +44% |
Historical ranges are pointers, not guarantees.
INDB's PE is in its cheap range at 12x. If earnings grow as analysts expect, today's price would be 10x next year's earnings.
CIFR Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
CIFR has the edge over INDB on the outlook, with more favorable revenue expectations.
INDB Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Stable | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect INDB's earnings to grow and its profitability to improve, with its revenue holding steady.
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.
INDB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $8.09 | +20% |
| Q3 2026 | $6.74 | +64% |
| Q2 2026 | $5.53 | +25% |
| Q1 2026 | $5.03 | +13% |
| Q4 2025 | $4.44 | -1.8% |
| Q3 2025 | $4.11 | -11% |
| Q2 2025 | $4.43 | -11% |
| Q1 2025 | $4.44 | -14% |
| Q4 2024 | $4.52 | -17% |
INDB 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.
INDB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $261.9M | +7.5% |
| Q2 2026 | $253.3M | +39% |
| Q1 2026 | $252.7M | +42% |
| Q4 2025 | $253.9M | +44% |
| Q3 2025 | $243.7M | +39% |
| Q2 2025 | $181.8M | +6.8% |
| Q1 2025 | $178M | +6.4% |
| Q4 2024 | $176.9M | -0.2% |
INDB has the edge over CIFR on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 45% | +27 points |
| Q2 2026 | 42% | +6 points |
| Q1 2026 | 41% | +9.2 points |
| Q4 2025 | 37% | +1.8 points |
| Q3 2025 | 18% | -13 points |
| Q2 2025 | 36% | -2.8 points |
| Q1 2025 | 32% | -5.2 points |
| Q4 2024 | 36% | -4.5 points |
INDB 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.
INDB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $99.6M | +100% |
| Q2 2026 | $67M | -35% |
| Q1 2026 | $111.6M | +887% |
| Q4 2025 | $75.5M | +107% |
| Q3 2025 | $49.7M | -23% |
| Q2 2025 | $102.5M | +66% |
| Q1 2025 | $11.3M | -76% |
| Q4 2024 | $36.5M | -23% |
INDB 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.
INDB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.7% | -820K shares |
| 1 year | -5.4% | -2.7M shares |
| 3 years | +7% | +3.1M shares |
| 5 years | +43% | +14.2M shares |
| Available history | +37% | +12.8M shares |
INDB has the edge over CIFR on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $57.4M |
| Q2 2026 | $75M |
| Q1 2026 | $63.3M |
| Q4 2025 | $37.5M |
| Q3 2025 | $23.4M |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
INDB spent $233M buying back its own shares over the past year, about 10 times what it spent 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.
INDB Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.7x | Very low |
| Q2 2026 | 1.0x | Very low |
| Q1 2026 | 1.4x | Healthy |
| Q4 2025 | 0.4x | Very low |
| Q3 2025 | 1.9x | Healthy |
| Q2 2025 | 1.7x | Healthy |
| Q1 2025 | 2.1x | Moderate |
| Q4 2024 | -0.4x | Net Cash |
INDB's net debt is less than a year of its operating earnings (EBITDA), down from 1.9 years a year ago. Net leverage isn't a meaningful measure for financial services companies like INDB.
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).
INDB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 56.1 | Neutral |
| Stochastic | 66.4 | Neutral |
INDB's weekly RSI is 56 (neutral) and its Stochastic is 66 (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.
INDB PE vs Financial Services Sector
| Metric | INDB | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 13x | 4.1% below |
| PE % | 31 | 63 | 32 pts below |
INDB is trading at 12x earnings, in line with 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.
INDB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $81.6 | 3.1% above |
| 20 week MA | $82.9 | 1.4% above |
| 50 week MA | $80.2 | 4.9% above |
| 100 week MA | $72.9 | 15% above |
| 200 week MA | $65.4 | 29% above |
INDB 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.
INDB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $83.8 | $74.0 | -12% |
| 2021 | $74.0 | $79.8 | +7.9% |
| 2022 | $79.8 | $84.8 | +6.2% |
| 2023 | $84.8 | $65.8 | -22% |
| 2024 | $65.8 | $65.0 | -1.2% |
| 2025 | $65.0 | $75.7 | +16% |
| 2026 YTD | $75.7 | $84.1 | +11% |
INDB has the edge over CIFR on returns for 2026, with the stronger performance.