Cipher Mining (CIFR) ZACKS·2025-01-29 00:06Company Performance - Cipher Mining Inc. closed at 0.10, indicating a 300% decrease from the same quarter last year [2] - Quarterly revenue is estimated to be $37.52 million, reflecting a decline of 13.6% compared to the year-ago period [2] Analyst Estimates - Recent adjustments to analyst estimates for Cipher Mining Inc. are noteworthy, as they often reflect changes in short-term business dynamics [3] - Positive revisions in estimates are interpreted as favorable indicators for the company's business outlook [3] Zacks Rank and Industry Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently places Cipher Mining Inc. at a 5 (Strong Sell) rating, with no changes in the consensus EPS estimate over the last 30 days [5] - The Technology Services industry, part of the Business Services sector, holds a Zacks Industry Rank of 87, placing it in the top 35% of over 250 industries [6] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [6]