CIFR

Cipher Mining Inc.

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

LNC

Lincoln National Corporation

74
Fundamentals74/ 100
Valuation90/ 100
Upside potential70/ 100
Risk potential13/ 100

LNC's fundamentals are strong and it looks cheap: trading at 2.5x earnings, less than half its usual 9.0x. Analysts expect 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.

LNC Fundamentals

MetricStatus
Healthy
Strong
N/A
N/A

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

CIFR PE Valuation

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

LNC PE Valuation

CHEAPFAIREXPENSIVE10x21x31x41x
CHEAPFAIREXPENSIVE10x21x31x41x
LevelPEPriceVs current
Current2.5x$41.80—
Cheap3.8x$63.26+51%
Forward4.9x$41.80—
Fair8.9x$149+257%
Expensive15x$256+512%

Historical ranges are pointers, not guarantees.

LNC's PE is in its cheap range at 2.5x. On analysts' estimates for next year's earnings, today's price would be 4.9x.

CIFR Forward outlook

MetricOutlook
--
Losses shrinking
Strong growth
Strongly improving
Limited
Low

CIFR has the edge over LNC on the outlook, with more favorable revenue expectations.

LNC Forward outlook

MetricOutlook
Strongly deteriorating
Growth
Stable
Improving
Limited
Moderate

Analysts expect LNC's earnings to grow and its profitability to improve, with its revenue holding steady.

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 LNC's risk to reward.

LNC Risk to reward

ScenarioChangePrice
Upside+32%$55.08
Downside-13%$36.21

Calculated from the latest close: $41.80 on Nov 12.

There is not enough scenario data to compare CIFR and LNC'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.

LNC Earnings Per Share

Q4 2023: $-4.92Q1 2024: $7.38Q2 2024: $9.55Q3 2024: $1.47Q4 2024: $18.41Q1 2025: $7.07Q2 2025: $5.76Q3 2025: $11.17Q4 2025: $5.83Q1 2026: $9.14Q2 2026: $12.06Q3 2026: $16.71Forward: $8.54
Q4 2023: $-4.92Q1 2024: $7.38Q2 2024: $9.55Q3 2024: $1.47Q4 2024: $18.41Q1 2025: $7.07Q2 2025: $5.76Q3 2025: $11.17Q4 2025: $5.83Q1 2026: $9.14Q2 2026: $12.06Q3 2026: $16.71Forward: $8.54
QuarterTTM EPSYoY
Forward$8.54-49%
Q3 2026$16.71+50%
Q2 2026$12.06+109%
Q1 2026$9.14+29%
Q4 2025$5.83-68%
Q3 2025$11.17+660%
Q2 2025$5.76-40%
Q1 2025$7.07-4.2%
Q4 2024$18.41+$23.33

LNC 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.

LNC Quarterly Revenue

Q4 2023: $699MQ1 2024: $4.1BQ2 2024: $5.2BQ3 2024: $4.1BQ4 2024: $5.1BQ1 2025: $4.7BQ2 2025: $4BQ3 2025: $4.6BQ4 2025: $4.9BQ1 2026: $5.3BQ2 2026: $4.5BQ3 2026: $5.5B
Q4 2023: $699MQ1 2024: $4.1BQ2 2024: $5.2BQ3 2024: $4.1BQ4 2024: $5.1BQ1 2025: $4.7BQ2 2025: $4BQ3 2025: $4.6BQ4 2025: $4.9BQ1 2026: $5.3BQ2 2026: $4.5BQ3 2026: $5.5B
QuarterRevenueYoY
Q3 2026$5.5B+20%
Q2 2026$4.5B+12%
Q1 2026$5.3B+13%
Q4 2025$4.9B-2.8%
Q3 2025$4.6B+11%
Q2 2025$4B-22%
Q1 2025$4.7B+14%
Q4 2024$5.1B+624%

LNC 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.

LNC Free Cash Flow

Q4 2023: −$1.9BQ1 2024: −$1.3BQ2 2024: −$859MQ3 2024: −$27MQ4 2024: $222MQ1 2025: −$272MQ2 2025: $1BQ3 2025: −$1.1BQ4 2025: $233MQ1 2026: $138MQ2 2026: −$558MQ3 2026: $875M
Q4 2023: −$1.9BQ1 2024: −$1.3BQ2 2024: −$859MQ3 2024: −$27MQ4 2024: $222MQ1 2025: −$272MQ2 2025: $1BQ3 2025: −$1.1BQ4 2025: $233MQ1 2026: $138MQ2 2026: −$558MQ3 2026: $875M
QuarterFree cash flowYoY
Q3 2026$875M+$2B
Q2 2026-$558M-155%
Q1 2026$138M+$410M
Q4 2025$233M+5%
Q3 2025-$1.1B-$1.1B
Q2 2025$1B+$1.9B
Q1 2025-$272M+$1.1B
Q4 2024$222M+$2.1B

LNC 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.

LNC Total Shares

Q4 2023: 171MQ1 2024: 172MQ2 2024: 173MQ3 2024: 173MQ4 2024: 173MQ1 2025: 174MQ2 2025: 181MQ3 2025: 194MQ4 2025: 186MQ1 2026: 196MQ2 2026: 196MQ3 2026: 197M
Q4 2023: 171MQ1 2024: 172MQ2 2024: 173MQ3 2024: 173MQ4 2024: 173MQ1 2025: 174MQ2 2025: 181MQ3 2025: 194MQ4 2025: 186MQ1 2026: 196MQ2 2026: 196MQ3 2026: 197M
PeriodChange %Net change
Quarterly+0.1%+235K shares
1 year+1.2%+2.3M shares
3 years+15%+25.8M shares
5 years+4%+7.6M shares
Available history-2.7%-5.5M shares

LNC 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.

LNC Net Leverage

CIFR Weekly Momentum

MetricValueStatus
RSI34.4Neutral
Stochastic7.8Oversold

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

LNC Weekly Momentum

MetricValueStatus
RSI53.7Neutral
Stochastic27.7Neutral

LNC's weekly RSI is 54 (neutral) and its Stochastic is 28 (neutral).

CIFR PE vs Financial Services Sector

MetricCIFRSector medianRelative
PEN/A13x—

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

LNC PE vs Financial Services Sector

MetricLNCSector medianRelative
PE2.5x13x81% below
PE %56358 pts below

LNC is trading at 2.5x earnings, a 81% discount 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.

LNC Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$40.63% above
20 week MA$42.00.4% below
50 week MA$39.85.1% above
100 week MA$38.010% above
200 week MA$33.027% above

LNC 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.

LNC Yearly ROI

YearStart priceEnd priceROI
2020$58.7$49.7-15%
2021$49.7$67.9+36%
2022$67.9$30.1-56%
2023$30.1$27.0-10%
2024$27.0$31.8+18%
2025$31.8$45.7+44%
2026 YTD$45.7$41.8-8.6%

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

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