Cipher Mining (CIFR) Surges 11.0%: Is This an Indication of Further Gains?

Group 1: Cipher Mining Inc. (CIFR) - Cipher Mining Inc. shares increased by 11% to $6.94 in the last trading session, with a notable trading volume and a total gain of 77.1% over the past four weeks [1] - The company benefits from low-cost power, efficient mining rigs, and strategic data center development [1] - The consensus EPS estimate for the upcoming quarterly report is a loss of $0.12 per share, reflecting a year-over-year change of -140%, while revenues are expected to be $48.37 million, up 31.4% from the previous year [2] Group 2: Earnings Estimates and Stock Performance - The consensus EPS estimate for Cipher Mining has remained unchanged over the last 30 days, indicating that stock price movements may not continue without trends in earnings estimate revisions [3] - The stock currently holds a Zacks Rank of 2 (Buy), suggesting positive sentiment among analysts [3] - In comparison, Cricut, Inc. from the same industry has a Zacks Rank of 3 (Hold) and is experiencing a decline in stock performance, with a -19.3% return over the past month [3][4]