CIFR
Cipher Mining Inc.
There isn't enough reported data to score CIFR yet.
KEY
KeyCorp
KEY's fundamentals are strong: revenue grew 25% and its operating margin rose 14 points to 34%. At 12x earnings, it's trading right at its usual valuation. Analysts expect that strong growth to continue.
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.
KEY Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
KEY's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like KEY.
CIFR PE Valuation
CIFR has no meaningful PE right now: it lost money over the past year.
KEY PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.9x | $14.34 | -33% |
| Forward | 10x | $21.33 | — |
| Fair | 11x | $20.72 | -2.9% |
| Current | 12x | $21.33 | — |
| Expensive | 17x | $30.68 | +44% |
Historical ranges are pointers, not guarantees.
KEY's PE is in its fair 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 |
Analysts expect CIFR's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
KEY Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for KEY, with profitability improving.
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.
KEY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.09 | +15% |
| Q3 2026 | $1.82 | +130% |
| Q2 2026 | $1.72 | +$1.81 |
| Q1 2026 | $1.63 | +$1.82 |
| Q4 2025 | $1.52 | +$1.84 |
| Q3 2025 | $0.79 | +7800% |
| Q2 2025 | -$0.09 | -112% |
| Q1 2025 | -$0.19 | -124% |
| Q4 2024 | -$0.32 | -136% |
KEY 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.
KEY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2B | +8.4% |
| Q2 2026 | $2B | +6.8% |
| Q1 2026 | $1.9B | +10% |
| Q4 2025 | $2B | +134% |
| Q3 2025 | $1.9B | +176% |
| Q2 2025 | $1.8B | +21% |
| Q1 2025 | $1.8B | +16% |
| Q4 2024 | $855M | -44% |
KEY has the edge over CIFR on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 36% | +4.2 points |
| Q2 2026 | 33% | +3.6 points |
| Q1 2026 | 34% | +4.6 points |
| Q4 2025 | 32% | +81 points |
| Q3 2025 | 32% | +106 points |
| Q2 2025 | 29% | +7.3 points |
| Q1 2025 | 29% | +11 points |
| Q4 2024 | -48% | -52 points |
KEY 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.
KEY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $684M | +86% |
| Q2 2026 | $233M | -81% |
| Q1 2026 | -$74M | +$76M |
| Q4 2025 | $673M | -61% |
| Q3 2025 | $367M | +$1.6B |
| Q2 2025 | $1.2B | +$1.4B |
| Q1 2025 | -$150M | -143% |
| Q4 2024 | $1.7B | +71% |
KEY 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.
KEY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.5% | -15.7M shares |
| 1 year | -4.2% | -46.4M shares |
| 3 years | +14% | +133M shares |
| 5 years | +12% | +112M shares |
| Available history | +6.2% | +62M shares |
KEY has the edge over CIFR on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2022 | — |
| Q4 2021 | $26M |
| Q3 2021 | $150M |
| Q2 2021 | $300M |
| Q1 2021 | $135M |
| Q4 2020 | $17M |
| Q3 2020 | — |
| Q2 2020 | — |
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.
KEY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.5x | Moderate |
| Q2 2026 | 2.4x | Moderate |
| Q1 2026 | 2.6x | Moderate |
| Q4 2025 | 2.4x | Moderate |
| Q3 2025 | 3.5x | Elevated |
| Q2 2025 | 9.4x | High |
| Q1 2025 | 21.2x | High |
| Q3 2024 | 37.8x | High |
KEY's net debt is about 2.5 years of its operating earnings (EBITDA), down from 3.5 years a year ago. Net leverage isn't a meaningful measure for financial services companies like KEY.
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).
KEY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 50.1 | Neutral |
| Stochastic | 41.1 | Neutral |
KEY's weekly RSI is 50 (neutral) and its Stochastic is 41 (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.
KEY PE vs Financial Services Sector
| Metric | KEY | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 13x | 10% below |
| PE % | 55 | 63 | 8 pts below |
KEY 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.
KEY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $20.6 | 3.4% above |
| 20 week MA | $21.7 | 1.9% below |
| 50 week MA | $21.4 | 0.5% below |
| 100 week MA | $19.3 | 11% above |
| 200 week MA | $16.7 | 28% above |
KEY 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.
KEY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $20.3 | $16.2 | -20% |
| 2021 | $16.2 | $22.7 | +40% |
| 2022 | $22.7 | $17.2 | -24% |
| 2023 | $17.2 | $14.4 | -16% |
| 2024 | $14.4 | $17.2 | +19% |
| 2025 | $17.2 | $21.2 | +23% |
| 2026 YTD | $21.2 | $21.3 | +0.7% |
KEY has the edge over CIFR on returns for 2026, with the stronger performance.