Is Cipher Mining (CIFR) Stock Outpacing Its Business Services Peers This Year?

Group 1 - Cipher Mining Inc. (CIFR) has gained approximately 22.8% year-to-date, outperforming the average return of 10.5% for the Business Services sector [4] - The Zacks Consensus Estimate for CIFR's full-year earnings has increased by 2.5% over the past 90 days, indicating improving analyst sentiment [4] - Cipher Mining Inc. holds a Zacks Rank of 2 (Buy), suggesting a favorable outlook for the stock [3] Group 2 - Cipher Mining Inc. is part of the Technology Services industry, which consists of 152 individual stocks and currently ranks 82 in the Zacks Industry Rank [6] - The Technology Services industry has an average year-to-date gain of 20.6%, indicating that CIFR is performing well within its industry [6] - In contrast, Gambling.com Group Limited, another stock in the Business Services sector, has returned 12.6% year-to-date and belongs to the Advertising and Marketing industry, which is ranked 165 and has declined by 4.3% this year [5][7]