Cipher Digital Inc. (CIFR) Suffers a Larger Drop Than the General Market: Key Insights

Cipher Digital Inc. (CIFR) declined 3.85% to $13.00, significantly underperforming the S&P 500's 0.06% loss. The stock has dropped 19.76% over the past month. The company faces challenging earnings expectations with a projected EPS of -$0.31 (down 3000% YoY) and revenue expected to decline 47.02% to $37.99 million. For the full year, analysts expect -$1.36 EPS and $216.23 million in revenue. CIFR holds a Zacks Rank of #3 (Hold), and its Technology Services industry ranks 159th out of 250+ industries.