CIFRW (Cipher Mining) Moat Score: 3/10 (As of Jun. 28, 2026)


CIFRW Cipher Mining Inc CIFRW
37 GF Score
Price $4.09
! 6 Warning Signs
View Full Analysis

What is Cipher Mining Moat Score?

Cipher Mining CIFRW -4.88% 37 Moat Score is 3 as of Jun. 28, 2026. GuruFocus rates CIFRW with a GF Score™ of 37/100. The stock has 6 warning signs investors should review. Among 2,845 Software companies, Cipher Mining ranks better than 84.64% on this metric.

Cipher Mining has the Moat Score of 3, which implies that the company might have No Moat - Very weak/transient advantages.

Cipher Mining has No Moat: Cipher Digital Inc has a very weak moat with limited market share and no significant network effects or customer switching costs. The tech industry is highly competitive, and the company lacks strong brand strength or proprietary technology to establish a durable advantage.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Cipher Mining might have No Moat - Very weak/transient advantages.

Cipher Mining  (NAS:CIFRW) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Cipher Mining Moat Score Related Terms

CIFRW vs JKHY, IT, CACI: Moat Score Comparison

For the Information Technology Services subindustry, Cipher Mining's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Cipher Mining Moat Score vs Software Industry

For the Software industry and Technology sector, Cipher Mining's Moat Score distribution charts can be found below:

* The bar in red indicates where Cipher Mining's Moat Score falls into.


CIFRW
37GF Score
Cipher Mining Inc CIFRW
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis
Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 3 mean?
Cipher Mining (CIFRW) has a Moat Score of 3 as of Jun. 28, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Cipher Mining ranks #437 out of 2845 companies in the Software industry, placing it in the top 15.4%.
Is Cipher Mining's Moat Score too high?
Cipher Mining's current Moat Score is 3. Based on the distribution chart, Cipher Mining ranks #437 out of 2845 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Cipher Mining has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Cipher Mining's Moat Score compare to JKHY and IT?
According to the Software industry distribution chart, Cipher Mining ranks #437 out of 2845 companies for Moat Score. This places Cipher Mining in the top 15% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Software company?
A good Moat Score depends on the Software industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Cipher Mining's current Moat Score is 3. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cipher Mining stock overvalued right now?
Cipher Mining (CIFRW) has a current Moat Score of 3. The current Moat Score is 3. Cipher Mining's overall GF Score™ is 37/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Cipher Mining (CIFRW), the current Moat Score is 3 as of Jun. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cipher Mining Business Description

Address 1 Vanderbilt Avenue, Floor 54, New York, NY, USA, 10017
Cipher Digital Inc is focused on high-performance computing (HPC) data center development and operations. It is engaged in developing and operating data centers designed for HPC workloads. Its operations include managing power assets and capital allocation in response to market conditions and demand for AI-related computing capacity.
37GF Score

Get the complete analysis for CIFRW

Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.09
Price