CIFR
Cipher Mining Inc.
There isn't enough reported data to score CIFR yet.
RAND
Rand Capital Corporation
There isn't enough reported data to score RAND yet.
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.
RAND Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Healthy | |
| N/A | |
| N/A |
RAND's profitability is currently healthy, but its revenue is under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like RAND.
CIFR PE Valuation
CIFR has no meaningful PE right now: it lost money over the past year.
RAND PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 3.4x | $3.55 | -63% |
| Fair | 5.5x | $5.69 | -41% |
| Current | 9.4x | $9.65 | — |
| Expensive | 11x | $11.63 | +21% |
Historical ranges are pointers, not guarantees.
RAND's PE is 9.4x, but its earnings don't support one, so it isn't a reliable read right now.
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.
RAND Forward outlook
There aren't enough analyst estimates for RAND to show an outlook.
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.
RAND Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $1.03 | +$5.23 |
| Q2 2026 | -$0.04 | +$2.39 |
| Q1 2026 | -$3.10 | -198% |
| Q4 2025 | -$2.69 | -179% |
| Q3 2025 | -$4.20 | -184% |
| Q2 2025 | -$2.43 | -158% |
| Q1 2025 | $3.17 | +42% |
| Q4 2024 | $3.42 | +35% |
RAND 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% |
RAND has the stronger quarterly revenue trend. Revenue is down 63% for CIFR versus down 35% for RAND.
| 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.
RAND Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2022 | $868.6K | -35% |
| Q3 2022 | $1.4M | -46% |
| Q3 2021 | $2.6M | +358% |
| Q2 2021 | $4.8M | +540% |
| Q1 2021 | $1.3M | -49% |
RAND's revenue has slid since its 2021 peak: $868,583 last quarter, down 35% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q4 2022 | 64% | +9.1 points |
| Q3 2022 | 82% | -7.3 points |
| Q4 2021 | 55% | N/A |
| Q3 2021 | 89% | +43 points |
| Q2 2021 | 93% | +37 points |
| Q1 2021 | 614% | +529 points |
| Q3 2020 | 46% | N/A |
| Q2 2020 | 56% | N/A |
RAND's operating margin was 64% last quarter, down 28 points from the same quarter a year ago.
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.
RAND Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $754.5K | -87% |
| Q2 2026 | -$3.6M | -1147% |
| Q1 2026 | -$3.5M | -146% |
| Q4 2025 | -$2.8M | -453% |
| Q3 2025 | $5.9M | -61% |
| Q2 2025 | $347.7K | -92% |
| Q1 2025 | $7.7M | +$12.6M |
| Q4 2024 | $782.1K | +$1.8M |
RAND has the edge over CIFR on cash flow, with more consistent year-over-year improvement.
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.
RAND Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | 0% | -- |
| 3 years | +15% | +389K shares |
| 5 years | +15% | +388K shares |
| Available history | +82% | +1.3M shares |
RAND has the edge over CIFR on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | — |
| Q1 2022 | — |
| Q4 2021 | — |
| Q3 2021 | $20,771 |
| Q2 2021 | — |
| Q1 2021 | — |
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.
RAND Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2022 | -1.3x | Net Cash |
| Q1 2022 | -0.1x | Net Cash |
| Q4 2021 | -0.1x | Net Cash |
| Q3 2021 | -0.2x | Net Cash |
| Q2 2021 | -0.2x | Net Cash |
| Q1 2021 | -0.5x | Net Cash |
| Q4 2020 | -3.8x | Net Cash |
| Q3 2020 | -1.8x | Net Cash |
RAND has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like RAND.
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).
RAND Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.0 | Neutral |
| Stochastic | 21.8 | Neutral |
RAND's weekly RSI is 41 (neutral) and its Stochastic is 22 (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.
RAND PE vs Financial Services Sector
| Metric | RAND | Sector median | Relative |
|---|---|---|---|
| PE | 9.4x | 13x | 28% below |
| PE % | 79 | 63 | 16 pts above |
RAND is trading at 9.4x earnings, a 28% discount to the Financial Services sector's median of 13x, though its earnings don't support one.
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.
RAND Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.80 | 1.5% below |
| 20 week MA | $10.1 | 4.7% below |
| 50 week MA | $10.9 | 12% below |
| 100 week MA | $14.3 | 33% below |
| 200 week MA | $14.4 | 33% below |
RAND is in a downtrend: it's below all five of its weekly moving averages, and 33% below its 200-week average.
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.
RAND Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $25.1 | $15.6 | -38% |
| 2021 | $15.6 | $16.8 | +7.8% |
| 2022 | $16.8 | $14.0 | -17% |
| 2023 | $14.0 | $13.0 | -6.9% |
| 2024 | $13.0 | $18.2 | +40% |
| 2025 | $18.2 | $11.2 | -39% |
| 2026 YTD | $11.2 | $9.65 | -14% |
RAND has the edge over CIFR on returns for 2026, with the stronger performance.