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Cypherpunk Technologies
(NASDAQ:CYPH)
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Rating:59Neutral
Price Target:
$4.00
▲(76.21% Upside)
Action:Reiterated
Date:09/19/26
The score is held back primarily by weak operating performance and persistent cash burn despite a strong, low-debt balance sheet. Technical momentum is currently strong (price well above key moving averages with positive MACD), and valuation looks optically inexpensive on P/E, but corporate-event risk remains meaningful due to the Nasdaq compliance warning.
Positive Factors
Low leverage and expanded equity
A near debt-free balance sheet gives Cypherpunk substantial financial flexibility and limits solvency pressure as it develops its strategy. Higher equity also provides a cushion against volatility and can support investment in assets or operations without the constraints associated with heavy borrowing.
Negative Factors
Effectively zero revenue and persistent operating losses
The absence of recurring top-line revenue makes the current business difficult to assess as a sustainable operating enterprise and limits evidence of customer demand. Continued EBIT and EBITDA losses indicate that the cost base is not yet supported by operating income, requiring a credible path to monetization.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage and expanded equity
A near debt-free balance sheet gives Cypherpunk substantial financial flexibility and limits solvency pressure as it develops its strategy. Higher equity also provides a cushion against volatility and can support investment in assets or operations without the constraints associated with heavy borrowing.
Read all positive factors
Cypherpunk Technologies (CYPH) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$330.84M
Dividend YieldN/A
Average Volume (3M)10.40M
Price to Earnings (P/E)6.1
Beta (1Y)0.93
Revenue GrowthN/A
EPS GrowthN/A
CountryUS
Employees6
SectorFinancial
Sector Strength70
IndustryAsset Management
Share Statistics
EPS (TTM)0.59
Shares Outstanding107,764,380
10 Day Avg. Volume16,000,308
30 Day Avg. Volume10,402,713
Financial Highlights & Ratios
PEG Ratio-0.15
Price to Book (P/B)0.50
Price to Sales (P/S)0.00
P/FCF Ratio-1.75
Enterprise Value/Market Cap<0.01
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$4.90Price Target Upside115.86% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.05
Revenue Forecast (FY)$21.70M
Cypherpunk Technologies Business Overview & Revenue Model
Company Description
Cypherpunk Technologies Inc. is a privacy-focused technology company that combines a digital asset treasury strategy centered on Zcash (ZEC) with the development of novel cancer therapies through its subsidiary. The company's mission is to advance...
How the Company Makes Money
Null...
Cypherpunk Technologies Financial Statement Overview
Summary
Income Statement
22
Negative
Balance Sheet
78
Positive
Cash Flow
28
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.50M |
| Gross Profit | 0.00 | 0.00 | 0.00 | -427.00K | 0.00 | 1.50M |
| EBITDA | -44.80M | -36.54M | -66.97M | -80.99M | -54.38M | -40.54M |
| Net Income | -877.00K | 4.82M | -67.56M | -81.41M | -54.60M | -40.59M |
Balance Sheet | ||||||
| Total Assets | 142.97M | 163.18M | 49.12M | 72.83M | 58.09M | 117.91M |
| Cash, Cash Equivalents and Short-Term Investments | 7.62M | 14.04M | 47.25M | 70.64M | 43.76M | 114.92M |
| Total Debt | 38.00K | 38.00K | 266.00K | 262.00K | 524.00K | 469.00K |
| Total Liabilities | 3.65M | 9.68M | 14.08M | 12.68M | 3.45M | 10.02M |
| Stockholders Equity | 139.32M | 153.51M | 35.05M | 60.14M | 54.64M | 107.89M |
Cash Flow | ||||||
| Free Cash Flow | -27.02M | -43.90M | -60.30M | -43.75M | -49.04M | -35.16M |
| Operating Cash Flow | -29.03M | -43.90M | -60.30M | -43.75M | -49.04M | -35.16M |
| Investing Cash Flow | -101.55M | -97.00M | 0.00 | 48.97M | 0.00 | 0.00 |
| Financing Cash Flow | 126.41M | 107.65M | 37.18M | -30.00K | -210.00K | 98.03M |
Cypherpunk Technologies Technical Analysis
Positive
2.27
Price Trends
1.29
Positive
1.09
Positive
0.99
Positive
Market Momentum
0.50
Negative
77.14
Negative
75.49
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CYPH, the sentiment is Positive. The current price of 2.27 is above the 20-day moving average (MA) of 2.17, above the 50-day MA of 1.29, and above the 200-day MA of 0.99, indicating a bullish trend. The MACD of 0.50 indicates Negative momentum. The RSI at 77.14 is Negative, neither overbought nor oversold. The STOCH value of 75.49 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CYPH.
Cypherpunk Technologies Risk Analysis
Cypherpunk Technologies disclosed 41 risk factors in its most recent earnings report. Cypherpunk Technologies reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Cypherpunk Technologies Peers Comparison
UnderperformOutperform
Sector (68)
CYPH
Cypherpunk Technologies
3.60
3.31
1145.67%
GRDX
GridAI Technologies
3.11
-2.05
-39.73%
HYFT
MindWalk Holdings
1.36
-0.37
-21.39%
NMAD
Nomad Power Solutions
3.61
-1.84
-33.76%
Cypherpunk Technologies Corporate Events
Business Operations and StrategyM&A TransactionsPrivate Placements and Financing
Cypherpunk Technologies Launches Major Zcash Mining Fleet
Positive
Aug 18, 2026
On August 17, 2026, Cypherpunk Technologies, via wholly owned subsidiary Cypherpunk Mining LLC, entered an asset purchase agreement with Moria Mining and Winklevoss Treasury Investments to acquire a fleet of latest-generation Z15 Pro Zcash mining ...
Business Operations and StrategyExecutive/Board ChangesFinancial DisclosuresPrivate Placements and Financing
Cypherpunk Expands Zcash Holdings, Boosts Quarterly Profitability
Positive
Aug 12, 2026
Cypherpunk Technologies reported on August 12, 2026 that it significantly expanded its Zcash digital asset treasury to 323,394.38 ZEC, representing about 1.92% of the network’s circulating supply, and appointed Valar Group founder Dev Ojha a...
Delistings and Listing ChangesRegulatory Filings and ComplianceStock Split
Cypherpunk Technologies Faces Nasdaq Listing Compliance Warning
Negative
Jul 21, 2026
On July 20, 2026, Cypherpunk Technologies Inc. disclosed that it had received a Closing Bid Price Deficiency Letter from Nasdaq after its common stock traded below the $1.00 minimum bid price for 30 consecutive business days. The notice does not c...
Executive/Board ChangesShareholder Meetings
Cypherpunk Shareholders Back Board, Pay and Auditor Choices
Positive
Jun 22, 2026
At its 2026 Annual Meeting of Stockholders held on June 18, 2026, Cypherpunk Technologies Inc. shareholders elected Will McEvoy and Nissim Mashiach as Class III directors to serve until the 2029 annual meeting, reaffirming the company’s exis...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.