CIFR
Cipher Mining Inc.
There isn't enough reported data to score CIFR yet.
RJF
Raymond James Financial, Inc.
RJF's fundamentals are mixed: revenue grew 10%, but its operating margin fell 1 points to 19%. At 15x earnings, it's trading right at its usual valuation. Analysts expect strong 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.
RJF Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| N/A | |
| N/A |
RJF's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like RJF.
CIFR PE Valuation
CIFR has no meaningful PE right now: it lost money over the past year.
RJF PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 12x | $167 | — |
| Cheap | 13x | $145 | -13% |
| Fair | 15x | $169 | +0.8% |
| Current | 15x | $167 | — |
| Expensive | 17x | $190 | +14% |
Historical ranges are pointers, not guarantees.
RJF's PE is in its fair range at 15x. If earnings grow as analysts expect, today's price would be 12x next year's earnings, in its cheap range.
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.
RJF Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for RJF, 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.
RJF Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $14.31 | +25% |
| Q2 2026 | $11.48 | +13% |
| Q1 2026 | $10.59 | +2% |
| Q4 2025 | $10.23 | -0.1% |
| Q3 2025 | $10.30 | +6.2% |
| Q2 2025 | $10.19 | +15% |
| Q1 2025 | $10.38 | +25% |
| Q4 2024 | $10.24 | +28% |
| Q3 2024 | $9.70 | +22% |
RJF 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.
RJF Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $3.9B | +16% |
| Q1 2026 | $3.9B | +13% |
| Q4 2025 | $3.7B | +5.6% |
| Q3 2025 | $3.7B | +7.7% |
| Q2 2025 | $3.4B | +5.3% |
| Q1 2025 | $3.4B | +9.1% |
| Q4 2024 | $3.5B | +17% |
| Q3 2024 | $3.5B | +13% |
RJF has the edge over CIFR on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2025 | 17% | -2 points |
| Q2 2025 | 17% | -3.4 points |
| Q1 2025 | 20% | +0.2 points |
| Q4 2024 | 21% | +0.3 points |
| Q3 2024 | 19% | -0.4 points |
| Q2 2024 | 20% | +3.2 points |
| Q1 2024 | 20% | +0.1 points |
| Q4 2023 | 21% | -2.5 points |
RJF's operating margin was 17% last quarter, down 2 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.
RJF Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$308M | -149% |
| Q1 2026 | $1.1B | +1385% |
| Q4 2025 | -$56M | -107% |
| Q3 2025 | $752M | +63% |
| Q2 2025 | $634M | -3.2% |
| Q1 2025 | $71M | -79% |
| Q4 2024 | $789M | +60% |
| Q3 2024 | $460M | +20% |
RJF 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.
RJF Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1% | -2M shares |
| 1 year | -4% | -8.3M shares |
| 3 years | -8.2% | -17.6M shares |
| 5 years | -6.8% | -14.4M shares |
| Available history | -8.7% | -18.8M shares |
RJF has the edge over CIFR on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2023 | $302M |
| Q1 2023 | $369M |
| Q4 2022 | $189M |
| Q2 2022 | $101M |
| Q1 2022 | $8M |
| Q4 2021 | $51M |
| Q3 2021 | $1M |
| Q2 2021 | $48M |
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.
RJF Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2025 | -2.3x | Net Cash |
| Q2 2025 | -2.0x | Net Cash |
| Q1 2025 | -2.1x | Net Cash |
| Q4 2024 | -2.1x | Net Cash |
| Q3 2024 | -2.5x | Net Cash |
| Q2 2024 | -1.9x | Net Cash |
| Q1 2024 | -2.3x | Net Cash |
| Q4 2023 | -2.5x | Net Cash |
RJF has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like RJF.
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).
RJF Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.7 | Neutral |
| Stochastic | 32.1 | Neutral |
RJF's weekly RSI is 55 (neutral) and its Stochastic is 32 (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.
RJF PE vs Financial Services Sector
| Metric | RJF | Sector median | Relative |
|---|---|---|---|
| PE | 15x | 13x | 12% above |
| PE % | 47 | 63 | 16 pts below |
RJF is trading at 15x earnings, a 12% premium to 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.
RJF Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $159.8 | 4.7% above |
| 20 week MA | $167.6 | 0.2% below |
| 50 week MA | $160.7 | 4.1% above |
| 100 week MA | $158.2 | 5.7% above |
| 200 week MA | $136.0 | 23% above |
RJF 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.
RJF Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $60.2 | $62.0 | +2.9% |
| 2021 | $62.0 | $99.4 | +60% |
| 2022 | $99.4 | $107.4 | +8% |
| 2023 | $107.4 | $111.5 | +3.9% |
| 2024 | $111.5 | $156.9 | +41% |
| 2025 | $156.9 | $165.3 | +5.3% |
| 2026 YTD | $165.3 | $167.3 | +1.2% |
RJF has the edge over CIFR on returns for 2026, with the stronger performance.