CIFR
Cipher Mining Inc.
There isn't enough reported data to score CIFR yet.
PGR
The Progressive Corporation
PGR's fundamentals are mixed: revenue grew 7.7%, while its operating margin held steady at 16%. At 12x earnings, it's trading below its usual 16x. Analysts expect earnings to decline, though they disagree widely on how much.
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.
PGR Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| N/A | |
| N/A |
PGR's profitability is currently healthy, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like PGR.
CIFR PE Valuation
CIFR has no meaningful PE right now: it lost money over the past year.
PGR PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 11x | $211 | -10% |
| Current | 12x | $235 | — |
| Forward | 15x | $235 | — |
| Fair | 16x | $311 | +32% |
| Expensive | 46x | $904 | +284% |
Historical ranges are pointers, not guarantees.
PGR's PE is in its cheap range at 12x. Analysts expect earnings to fall, which would put today's price at 15x next year's earnings, in its fair range.
CIFR Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
CIFR has the edge over PGR on the outlook, with more favorable earnings and profitability expectations.
PGR Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Decline | |
| Growth | |
| Strongly weakening | |
| Moderate | |
| Low |
Analysts expect PGR's revenue to grow, but its earnings and profitability to decline. However, they disagree widely on these estimates.
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.
PGR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $15.96 | -20% |
| Q3 2026 | $19.85 | +8.9% |
| Q2 2026 | $19.93 | +12% |
| Q1 2026 | $19.66 | +33% |
| Q4 2025 | $19.23 | +34% |
| Q3 2025 | $18.23 | +32% |
| Q2 2025 | $17.75 | +52% |
| Q1 2025 | $14.83 | +52% |
| Q4 2024 | $14.40 | +119% |
PGR 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.
PGR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $23.2B | +3% |
| Q2 2026 | $23.6B | +7.3% |
| Q1 2026 | $22.2B | +8.7% |
| Q4 2025 | $22.7B | +12% |
| Q3 2025 | $22.5B | +14% |
| Q2 2025 | $22B | +21% |
| Q1 2025 | $20.4B | +18% |
| Q4 2024 | $20.3B | +20% |
PGR has the edge over CIFR on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 14% | -0.8 points |
| Q2 2026 | 18% | -0.3 points |
| Q1 2026 | 16% | +0.2 points |
| Q4 2025 | 16% | +1.6 points |
| Q3 2025 | 15% | -0.2 points |
| Q2 2025 | 18% | +7.8 points |
| Q1 2025 | 16% | -1.2 points |
| Q4 2024 | 15% | -0.2 points |
PGR 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.
PGR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $4.4B | -14% |
| Q2 2026 | $3.5B | -12% |
| Q1 2026 | $4.3B | -15% |
| Q4 2025 | $3B | +5.2% |
| Q3 2025 | $5.1B | +13% |
| Q2 2025 | $3.9B | +23% |
| Q1 2025 | $5.1B | +21% |
| Q4 2024 | $2.9B | +23% |
PGR 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.
PGR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.3% | -2M shares |
| 1 year | -1% | -6M shares |
| 3 years | -0.9% | -5.3M shares |
| 5 years | -0.8% | -4.9M shares |
| Available history | -0.9% | -5M shares |
PGR has the edge over CIFR on shareholder dilution, with a more favorable share count trend.
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 the edge over PGR on leverage, with a lower net debt burden relative to earnings.
PGR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2025 | -0.0x | Net Cash |
| Q3 2025 | -0.0x | Net Cash |
| Q2 2025 | -0.0x | Net Cash |
| Q1 2025 | -0.0x | Net Cash |
| Q4 2024 | -0.0x | Net Cash |
| Q3 2024 | -0.0x | Net Cash |
| Q2 2024 | -0.0x | Net Cash |
| Q1 2024 | -0.0x | Net Cash |
PGR has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like PGR.
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).
PGR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 62.4 | Neutral |
| Stochastic | 80.4 | Overbought |
PGR's weekly RSI is 62 (neutral) and its Stochastic is 80 (overbought).
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.
PGR PE vs Financial Services Sector
| Metric | PGR | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 13x | 8.9% below |
| PE % | 28 | 63 | 35 pts below |
PGR 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.
PGR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $221.8 | 6.2% above |
| 20 week MA | $219.2 | 7.4% above |
| 50 week MA | $211.9 | 11% above |
| 100 week MA | $232.6 | 1.3% above |
| 200 week MA | $206.3 | 14% above |
PGR 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.
PGR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $72.2 | $98.3 | +36% |
| 2021 | $98.3 | $101.3 | +3% |
| 2022 | $101.3 | $129.4 | +28% |
| 2023 | $129.4 | $159.3 | +23% |
| 2024 | $159.3 | $241.0 | +51% |
| 2025 | $241.0 | $227.1 | -5.8% |
| 2026 YTD | $227.1 | $235.5 | +3.7% |
PGR has the edge over CIFR on returns for 2026, with the stronger performance.