How to Buy Cipher Digital Stock
Cipher Digital Inc
Cipher Mining Inc. is a United States-based technology enterprise actively engaged in the Bitcoin mining sector.
Cipher Digital stock last closed at $18.20, down 2.73% from the previous day, and has increased 249.33% in one year. It has overperformed other stocks in the Capital Markets industry by 2.54 percentage points. Cipher Digital stock is currently +300% from its 52-week low of $4.55, and -39.62% from its 52-week high of $30.14.
There are currently 415.03M CIFR shares outstanding. The market cap of CIFR is $7.55B. In the last 24 hours, 28.5M CIFR shares were traded.
How to Buy Cipher Digital Stock
Wondering how to invest in Cipher Digital stock? Here's how.
- Choose where to buy Cipher Digital stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy Cipher Digital stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Select your payment method and add your information.
- Research Cipher Digital stock: The Cipher Digital ticker symbol is CIFR. Is Cipher Digital stock a good investment? Should you buy shares of CIFR? How do CIFR's underlying business fundamentals look? Do top analysts think Cipher Digital is a good buy? Why has CIFR's stock price moved recently? (Hint: Our stock market research website can help you evaluate if CIFR is a good stock to buy).
- Place your CIFR purchase: Decide if you will purchase CIFR shares at the current market price or use a limit order to purchase CIFR stock at a particular price.
- Get updates on your CIFR investment: Create a watchlist to the latest updates on your position in Cipher Digital shares.
Step 1: Choose where to buy Cipher Digital stock
You will need an online brokerage account to access the NASDAQ market and buy CIFR shares.
Our favorite brokerage: eToro
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Get $10 towards your purchase of shares by creating an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the right brokerage, you need to fill out some personal info so you can invest in CIFR stock today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to open your new trading account.
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Step 3: Deposit money your brokerage account
Now that you have opened your account on our top ranked stock trading app, you need to deposit funds:
Watch this video walkthrough to see the process of depositing funds into your new brokerage account.
Step 4: Research Cipher Digital stock
After you have chosen the best place to buy Cipher Digital stock, it's very important to research their stock before you invest, so you truly understand the risk as well as the opportunity.
Cipher Digital stock at a glance
CIFR Overview
WallStreetZen was created to help part-time investors do more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on CIFR's stock page.
Is CIFR stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge CIFR's fair value.
Using relative valuations measures:
- CIFR may be overvalued based on its P/B ratio of 13.44x, relative to Capital Markets industry P/B ratio of 3.01x
You can do additional valuation research on CIFR's stock here.
CIFR Financial Overview
Signs that CIFR is financially healthy:
- CIFR has cash burn of 1443210000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the CIFR balance sheet.
Signs that CIFR is not financially healthy:
- CIFR profit margin has gone down from -96.9% to -585.8% in the past year.
- CIFR has $4.06B in cash and short term investments. This is not enough to cover its annual cash burn of $1.44B.
- CIFR has a relatively high debt to equity ratio of 12.3.
- There are more long-term liabilities than short-term assets on the CIFR balance sheet.
Is it a good time to buy CIFR stock, according to analysts?
Out of 10 Wall Street analysts who give ratings on CIFR, the consensus analyst rating on Cipher Digital is a Strong Buy
It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.
Latest CIFR Analyst Upgrades/Downgrades
Gregory Lewis, a top 4% analyst from BTIG maintains CIFR with a strong buy rating and raises their CIFR price target from $25.00 to $35.00, on Jun 25, 2026.
BTIG's Gregory Lewis raised their price target on Cipher Digital (NASDAQ: CIFR) by 40% from $25 to $35 on 2026/06/25. The analyst maintained their Strong Buy rating on the stock.
Lewis reported that a deep dive into their Energy & Infrastructure sector portfolio catalyzed their price target hike on Cipher Digital.
According to the analyst, prompt power demand is "showing no signs of slowing down" as the early stages of the global data center buildout continued in Q2.
Based on their current analysis, Lewis posited that those group names with prompt power aceess will likely have "ample opportunities" to secure AI colocation contracts in the coming months.
Looking ahead, the analyst noted that demand for prompt power assets "is only intensifying," and in Q2, five public companies they track secured contracts for high-performance computing infrastructure, leading to higher price projections throughout their data center infrastructure portfolio.
John Todaro, a top 1% analyst from Needham maintains CIFR with a buy rating and raises their CIFR price target from $22.00 to $25.00, on May 15, 2026.
Jonathan Petersen, a bottom 9% analyst from Jefferies initiates coverage on CIFR with a strong buy rating and announces their CIFR price target of $32.00, on May 14, 2026.
Mike Colonnese, a top 3% analyst from HC Wainwright & Co. maintains CIFR with a buy rating and raises their CIFR price target from $25.00 to $30.00, on May 6, 2026.
Brett Knoblauch, a top 4% analyst from Cantor Fitzgerald maintains CIFR with a strong buy rating and lowers their CIFR price target from $24.00 to $22.00, on Apr 9, 2026.
You can dig deeper into what analysts are projecting on the Cipher Digital stock forecast page.
Metrics for Advanced CIFR Traders
CIFR Growth Numbers
Last year, CIFR revenue was $191.09M. In the past three year, CIFR's revenue has increased by 133.94% per year. This was faster than the Capital Markets industry average of 17.75%.
Learn more about CIFR's earnings and revenue performance here.
Are CIFR insiders buying or selling the stock?
Over the past 12 months, executives and large shareholders at CIFR have sold more shares than they have bought.
Tyler Page, Chief Executive Officer of CIFR, was the latest CIFR insider to sell. They sold $2,551,500.00 worth of CIFR stock on Jul 9, 2026.
Get more info about who owns CIFR stock here.
Can I rely on CIFR as an income stream?
No, Cipher Digital doesn't provide an income stream by paying out dividends.
CIFR Social Trading Data
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Place your CIFR purchase
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally the best for newer investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a specific dollar amount limit, use a limit order.
Hit the Open Trade button and your broker will execute the order.
If you require more assistance buying stocks on eToro, click the how to video below:
Step 6: Get updates on your CIFR investment
Now that you own some CIFR stock, you'll want to keep up with your new investment.
Start a watchlist to get notified of the latest news about your CIFR stock.
CIFR Feed
How to Buy Stock in Cipher Digital
To summarize, here are the 6 steps for buying Cipher Digital stock:
- Choose where to buy Cipher Digital stock
- Sign up for your brokerage account
- Deposit money your brokerage account
- Research Cipher Digital stock
- Place your CIFR purchase
- Get updates on your CIFR investment
If you are looking for a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you want to track your new investment in Cipher Digital, create a watchlist on WallStreetZen today.
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