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Cipher Digital

CIFR

Energy & Infrastructure · AI & Compute Infrastructure · Energy & Power Infrastructure

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CIFR Barber Lake Site

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Market Price

$13.00

End-of-day price · Oct 12, 2026

Northwise Valuation

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Weighted Target · PremiumExpected CAGR · PremiumNorthwise Rating · PremiumScenario Valuation · Premium

The interactive forecast shows its workbook assumption date and any labelled alpha assumptions. Its baseline may differ from this published model.

Financial Model

CIFR Financial Model

Structured Northwise model framework, scenario architecture, and revision history. Investment conclusions and valuation outputs are reserved for Premium members.

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CIFR Financial Model

Published Aug 17, 2026 · XLSX · 362 KB

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Current Revision

Aug 17, 2026

2026-08-17 CIFR imported model

Model Horizon

Dec 2030

Scenarios

3

Dynamic scenario framework

Model History

1 published revision

First model · Aug 17, 2026

Scenario Valuation

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Valuation Framework

Methods currently used by the published Northwise model. Methodology is public. Valuation outputs remain protected.

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Latest Model Report

CIFR Stock Forecast Northwise
Model Report · PremiumPublished

CIFR Stock Forecast

Cipher Digital has proven that hyperscalers will lease its capacity. The open question is whether it can finance four gigawatts without giving away too much of the economics.

Primary Northwise model research for Cipher Digital

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Recent Research

More Northwise Research on Cipher Digital

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CIFR Barber Lake Site Northwise
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CIFR Barber Lake Site

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Barber Lake: Fluidstack's contracted capacity, phased delivery, Google's support and the September update on Colorado City's water infrastructure.

Cifr stock black pearl site northwise
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CIFR Stock Black Pearl Site

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Black Pearl: initial AWS capacity delivered and rent begun, remaining construction, the lease structure and the limits of the public technical record.

CIFR Stock Data Center Analysis Northwise
Research Note · Free

CIFR Stock Data Center Analysis

Published · Updated

Cipher's complete named site portfolio, including Apollo, initial Black Pearl rent, contracted campuses and the remaining grid and generation pipeline.

What is CIFR Stock Northwise
Research Note · Free

What is CIFR Stock?

Published · Updated

Cipher Digital's business model, three contracted HPC campuses, development pipeline and the delivery and financing questions behind CIFR.