Cipher Digital

CIFR.US surged approximately 11% in regular trading as of 11:42 ET, reaching $23.79, driven by short covering and optimism around its pivot to AI infrastructure. The stock opened at $22.905 and trended higher, hitting an intraday high of $24.10, with total turnover reaching $122 million, well above recent averages. While Q1 2026 revenue fell 28.84% YoY to $34.84 million, net losses narrowed sharply from Q4, drawing market attention to its HPC colocation prospects. The stock remains 21.18% below its 52-week high of $30.14, but has gained 46.64% YTD and trades above both its 20-day ($22.088) and 60-day ($22.285) moving averages, though the company remains unprofitable with a negative P/E of -10.84.

CIFR.US surged today, climbing 2.1% in pre-market to $20.97, driven by expectations of an AI pivot. During regular trading, the stock formed a single-session uptrend, touching an intraday high of $24.415 before closing at $22.89, up 11.4%, and continuing to edge higher to $22.9 after hours. Catalysts included the company's AI expansion strategy with developing HPC data centers for hyperscale tenants, alongside short squeezing. The stock is now up 41.3% year-to-date, but remains 24.1% below its 52-week high of $30.14, with a high price-to-book ratio of 13.1x. However, the company remains unprofitable with a negative PE ratio, and recent insider selling had previously weighed on sentiment.

CIFR.US opened regular session at $18.782 after pre-market high of $18.854 and low of $17.630. The decline stems from Q1 2026 revenue down 28.84% YoY to $34.838M and net loss of $114.316M, with EPS -$0.2822 worsening 156.53% YoY, though Q4 2025 operating income had surged 2448.06% YoY to $140.984M. The stock trades 37.49% below its 52-week high of $30.14, YTD up 16.3%, yet below both the 20-day MA of $22.46 and 60-day MA of $22.094, with a PB of 10.880x.

Cipher Digital experienced a sharp intraday decline, primarily driven by continuous share sales by the CEO and directors, alongside a broader downturn in the AI infrastructure sector, which severely shook market confidence. The stock opened the regular session at $17.00, quickly plunged to an intraday low of $16.18, and then slightly recovered to close at $16.82, down approximately 5.1% from the previous close of $17.72, with an intraday range of 7.6%. Q1 revenue fell 28.84% year-over-year to $34.838 million, with a net loss of $114.316 million and an EPS of -$0.2822, as weak fundamentals compounded the negative impact of insider selling. The stock is now trading well below its 20-day and 60-day moving averages of $22.94 and $22.09, respectively, and is 44.19% off its 52-week high of $30.14, though it has gained 3.83% year-to-date. However, the stock rebounded to $17.47 in after-hours trading, suggesting some buying interest at lower levels.

CIFR staged a low-to-high rebound today, initially dipping to $18.86 before recovering to close at $19.175, down 3.5% from the prior close of $19.87, with an intraday range of 1.5%. The move was driven by Q1 revenue falling 28.84% YoY to $34.84M and net loss widening to $114.32M, with EPS of -$0.2822. However, the company's pivot to HPC data centers sparked post-market buying, pushing the price to $20.06, indicating investor divergence on the turnaround. The stock remains 36.38% below its 52-week high of $30.14, trading well under its MA20 ($23.49) and MA60 ($22.14), though it still shows an 18.36% YTD gain.