CIFR

CIFR Earnings Preview

Cipher Digital Inc. · Technology · $8B

14d until earnings

CIFR Earnings

Tuesday, May 05 2026
EPS Estimate
$-0.04
$-0.11 – $0.04
Revenue Estimate
$36M
Current Price
$19.37

Our Position

neutral

COO awarded 355K RSUs in three-year vest

structured data est. revisions rising (+275.0pp / 30d)

The grant is a retention tool rather than a signal of insider conviction or near-term company momentum. RSU awards to executives are routine governance, not directional for valuation.

Watch: Monitor Arthur's option exercises or direct stock purchases — RSU vesting is compensation, not choice. Material insider buys or sells would carry real signal weight.

Data Signal Summary

1 bullish
2 bearish
Insider selling cluster Put/call 0.4 (bullish skew) Price downtrend

Key Context

Insider Activity
selling
Price Trend
downtrend
From 52w High
0.0%
Est. Revisions (30d)
+0.0% 0up/0dn
Analyst Target (mean)
$28 $18–$53 +43%
Options P/C Ratio
0.38 5C/4P unusual
Est. Dispersion
429% 2 analysts
Insider Cluster
strong sell
Fund Convergence
strong Citadel, D.E. Shaw, Two Sigma

Recent Activity

insider trades 114 transactions
Other · FARRELL EDWARD J (Chief Financial Officer) ·599,900 shares
Other · KELLY PATRICK ARTHUR (President) ·140,006 shares
Other · PAGE TYLER (Chief Executive Officer) ·473,266 shares
Other · MUMFORD GREGORY J.D. (Chief Financial Officer) ·17,108 shares
Other · IWASCHUK WILLIAM (President) ·140,006 shares
109 more
Sell · PAGE TYLER ·37,500 shr ·$604,125
Other · KELLY PATRICK ARTHUR ·21,700 shr
Sell · GROSSMAN CARY M ·30,000 shr ·$436,200
Sell · KELLY PATRICK ARTHUR ·35,568 shr ·$532,809
Sell · NEWSOME JAMES E ·45,161 shr ·$710,834
Award · DUDA THOMAS DAVID ·3,862 shr
Sell · KELLY PATRICK ARTHUR ·35,568 shr ·$552,015
Sell · KELLY PATRICK ARTHUR ·35,568 shr ·$631,688
Other · PAGE TYLER ·1,019,022 shr
Sell · WILLIAMS WESLEY HASTIE ·49,867 shr ·$801,861
Sell · NEWSOME JAMES E ·21,821 shr ·$349,791
Other · IWASCHUK WILLIAM ·26,000 shr
Other · IWASCHUK WILLIAM ·305,707 shr
Other · KELLY PATRICK ARTHUR ·305,707 shr
Other · PAGE TYLER ·1,680,623 shr
Other · IWASCHUK WILLIAM ·504,187 shr
Sell · KELLY PATRICK ARTHUR ·35,569 shr ·$536,381
Other · KELLY PATRICK ARTHUR ·504,187 shr
Sell · GROSSMAN CARY M ·25,000 shr ·$475,000
Sell · EVANS HOLLY MORROW ·15,000 shr ·$281,100
Sell · KELLY PATRICK ARTHUR ·26,580 shr ·$377,436
Sell · WILLIAMS WESLEY HASTIE ·18,769 shr ·$328,645
Sell · EVANS HOLLY MORROW ·16,269 shr ·$282,918
Other · PAGE TYLER ·238,000 shr
Other · PAGE TYLER ·1,419,237 shr
Sell · IWASCHUK WILLIAM ·173,094 shr ·$3,898,077
Sell · V3 HOLDING LTD ·4,535,843 shr ·$94,625,387
Sell · KELLY PATRICK ARTHUR ·26,581 shr ·$560,327
Other · PAGE TYLER ·279,892 shr
Sell · V3 HOLDING LTD ·5,585,182 shr ·$67,334,037
Other · FARRELL EDWARD J ·393,086 shr
Other · IWASCHUK WILLIAM ·400,635 shr
Other · KELLY PATRICK ARTHUR ·400,635 shr
Sell · V3 HOLDING LTD ·5,304,540 shr ·$68,905,854
Sell · V3 HOLDING LTD ·2,700,000 shr ·$33,308,202
Sell · V3 HOLDING LTD ·2,700,000 shr ·$30,402,641
Sell · KELLY PATRICK ARTHUR ·44,870 shr ·$484,596
Sell · V3 HOLDING LTD ·2,700,000 shr ·$27,756,341
Sell · V3 HOLDING LTD ·1,200,000 shr ·$9,639,734
Sell · BITFURY TOP HOLDCO B.V. ·1,300,000 shr ·$9,748,000
Sell · V3 HOLDING LTD ·1,200,000 shr ·$9,858,000
Sell · V3 HOLDING LTD ·1,200,000 shr ·$8,723,793
Sell · V3 HOLDING LTD ·1,200,000 shr ·$8,302,000
Sell · GROSSMAN CARY M ·75,000 shr ·$441,750
Sell · NEWSOME JAMES E ·32,468 shr ·$200,003
Sell · KELLY PATRICK ARTHUR ·44,871 shr ·$233,329
Sell · V3 HOLDING LTD ·436,033 shr ·$2,475,867
Sell · BITFURY TOP HOLDCO B.V. ·1,000,000 shr ·$6,320,000
Sell · V3 HOLDING LTD ·1,000,000 shr ·$6,615,000
Sell · BITFURY TOP HOLDCO B.V. ·956,155 shr ·$5,827,650
Sell · BITFURY TOP HOLDCO B.V. ·1,032,990 shr ·$6,416,229
Sell · BITFURY TOP HOLDCO B.V. ·1,200,000 shr ·$7,350,000
Sell · BITFURY TOP HOLDCO B.V. ·1,000,000 shr ·$5,070,000
Other · PAGE TYLER ·113,225 shr
Other · FARRELL EDWARD J ·26,419 shr
Other · IWASCHUK WILLIAM ·33,968 shr
Other · KELLY PATRICK ARTHUR ·33,968 shr
Other · PAGE TYLER ·333,333 shr
Other · FARRELL EDWARD J ·166,667 shr
Other · IWASCHUK WILLIAM ·166,667 shr
Other · KELLY PATRICK ARTHUR ·166,667 shr
Award · WILLIAMS WESLEY HASTIE ·59,701 shr
Award · LONG CAITLIN ·59,701 shr
Award · FLATLEY ROBERT ·59,701 shr
Award · GROSSMAN CARY M ·59,701 shr
Award · NEWSOME JAMES E ·59,701 shr
Award · EVANS HOLLY MORROW ·59,701 shr
Other · FARRELL EDWARD J ·26,420 shr
Other · PAGE TYLER ·2,277,017 shr
Other · IWASCHUK WILLIAM ·704,393 shr
Other · KELLY PATRICK ARTHUR ·704,393 shr
Sell · BITFURY TOP HOLDCO B.V. ·550,000 shr ·$4,024,000
Sell · BITFURY TOP HOLDCO B.V. ·3,120 shr ·$23,556
Sell · BITFURY TOP HOLDCO B.V. ·269,013 shr ·$1,971,519
Sell · BITFURY TOP HOLDCO B.V. ·277,618 shr ·$1,990,521
Sell · BITFURY TOP HOLDCO B.V. ·80,400 shr ·$564,270
Sell · KELLY PATRICK ARTHUR ·53,161 shr ·$380,633
Sell · BITFURY TOP HOLDCO B.V. ·300,000 shr ·$1,980,000
Sell · IWASCHUK WILLIAM ·600 shr ·$4,200
Sell · BITFURY TOP HOLDCO B.V. ·1,000,000 shr ·$6,220,000
Sell · KELLY PATRICK ARTHUR ·89,742 shr ·$392,442
Sell · IWASCHUK WILLIAM ·150,000 shr ·$591,000
Other · PAGE TYLER ·166,667 shr
Other · FARRELL EDWARD J ·366,667 shr
Other · IWASCHUK WILLIAM ·366,667 shr
Other · KELLY PATRICK ARTHUR ·366,667 shr
Sell · BITFURY TOP HOLDCO B.V. ·5,799,528 shr ·$16,596,269
Sell · BITFURY TOP HOLDCO B.V. ·3,802,224 shr ·$11,306,822
Sell · BITFURY TOP HOLDCO B.V. ·871,491 shr ·$5,414,816
Sell · BITFURY TOP HOLDCO B.V. ·968,881 shr ·$4,015,720
Sell · BITFURY TOP HOLDCO B.V. ·1,364,818 shr ·$5,863,869
Sell · BITFURY TOP HOLDCO B.V. ·1,199,317 shr ·$5,927,676
Sell · BITFURY TOP HOLDCO B.V. ·1,091,881 shr ·$5,374,191
Other · FARRELL EDWARD J ·166,666 shr
Other · IWASCHUK WILLIAM ·166,666 shr
Other · KELLY PATRICK ARTHUR ·166,666 shr
Sell · GROSSMAN CARY M ·65,000 shr ·$315,438
Sell · BITFURY TOP HOLDCO B.V. ·964,630 shr ·$4,142,361
Other · PAGE TYLER ·23,000 shr
Sell · BITFURY TOP HOLDCO B.V. ·901,744 shr ·$3,558,159
Sell · BITFURY TOP HOLDCO B.V. ·910,757 shr ·$3,381,914
Sell · BITFURY TOP HOLDCO B.V. ·891,720 shr ·$3,542,419
Award · WILLIAMS WESLEY HASTIE ·46,948 shr
Award · LONG CAITLIN ·46,948 shr
Award · FLATLEY ROBERT ·46,948 shr
Award · DYKES ROBERT R B ·46,948 shr
Award · GROSSMAN CARY M ·46,948 shr
Award · NEWSOME JAMES E ·46,948 shr
Award · EVANS HOLLY MORROW ·46,948 shr