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Updated: Aug 31, 2026
CYPH Logo

Cypherpunk Technologies

NASDAQ:CYPH·Stock Analysis Report
Day Range
$1.62 - $1.84
Market Cap
186.46M
P/E Ratio
2.6797
Avg Value
$1.98
Year Range
$0.27 - $3.70
$1.71-$0.18 (-9.52%)
1
General Information
Cypherpunk Technologies Inc is a privacy technology company focused on implementing a digital asset treasury business anchored by Zcash, which is a cryptographic digital asset that operates on a decentralized, open-source blockchain network known as the Zcash Network.

Through its subsidiary, the company is also engaged in developing novel therapies for patients with cancer. The group holds Zcash as part of its digital treasury business and has the following drug candidates under development in its biopharma business: Sirexatamab (DKN-01), a monoclonal antibody that inhibits Dickkopf-related protein 1, or DKK1; and a preclinical antibody program, FL-501, that is designed to treat cachexia-related indications.

2
Cypherpunk Technologies (CYPH) Stock Graph
3
How We Grade Cypherpunk Technologies (CYPH)

We grade stocks based on past performance, their future growth potential, intrinsic value, dividend history, and overall financial health.

The chart below shows how we grade Cypherpunk Technologies (CYPH) across the board compared to its closest peers.

4
Benzinga Edge Rankings

Benzinga Edge stock rankings give you four critical scores to help you identify the strongest and weakest stocks to buy and sell.

5
Future Growth
Our estimate of future price growth is based on an aggregation of 2 analyst ratings over the past 3 months and their 12-month price targets.

Below, you can see that analysts are estimating a 12-month price target range of $0.90 - $1.60 with an average of $1.37

-21.02%
Expected movement for Cypherpunk Technologies (CYPH) over the next 12 months
Based on these rankings

Recent Ratings for Cypherpunk Technologies (CYPH)

Cantor Fitzgerald
Date:
Aug 27, 2026
Action:
Reiterates
Prev. Target:
$1.60
New Target:
$1.60
Cantor Fitzgerald
Date:
Aug 19, 2026
Action:
Maintains
Prev. Target:
$0.90
New Target:
$1.60
6
Past Performance
How has Cypherpunk Technologies (CYPH) performed over the past 5 years?

The two main factors that we consider when analyzing past performance is overall return and volatility

Using these two metrics, we can determine if this stock gave its investors enough return for the risk that they took on by owning it. This is measured by the sharpe ratio, which has been used as a primary measure of risk/reward trade-off for almost 60 years.

This ratio can be interpreted as the amount of return an investor has received for the amount of risk that they took on by owning the stock over that timeframe.

Cypherpunk Technologies (CYPH) sharpe ratio over the past 5 years is -0.1126 which is considered to be above average compared to the peer average of -0.2033

7
Company Financials
INCOME STATEMENT
The income statement also known as the profit and loss statement, primarily focuses on the company's revenues and expenses during a particular period.

The main purpose of an income statement is to convey details of profitability and business activities. Below, is CYPH's income statement for the previous four years along with its trailing-twelve- month profit & loss.

FISCAL YEAR (BIL.)
2022 ($)
2023 ($)
2024 ($)
2025 ($)
TTM ($)
Total Revenue
0.00
0.00
0.00
0.00
0.00
Operating Revenue
0.00
0.00
0.00
0.00
0.00
Cost Of Revenue
Gross Profit
Operating Expense
0.05
0.09
0.07
0.04
0.02
Selling General And Administration
0.01
0.01
0.01
0.01
0.02
Research and Development
0.04
0.07
0.06
0.03
0.00
Operating Income
-0.05
-0.09
-0.07
-0.04
-0.02
Net Non-Operating Interest Income Expense
0.00
0.00
0.00
0.00
0.00
Other Income Expense
0.00
0.00
0.00
0.05
0.02
Other Non-Operating Income Expenses
Pre-Tax Income
-0.05
-0.08
-0.07
0.01
0.00
Tax Provision
0.00
Net Income
-0.05
-0.08
-0.07
0.00
0.00
Net Income Common Stockholders
-0.05
-0.08
-0.07
0.00
0.00
Total Operating Income As Reported
-0.06
-0.09
-0.07
-0.04
-0.02
Total Expenses
0.05
0.09
0.07
0.04
0.02
Net Income From Continuing And Discontinued Operation
-0.05
-0.08
-0.07
0.00
0.00
Normalized Income
-0.05
-0.08
-0.07
-0.04
-0.02
Interest Income
0.00
0.00
0.00
0.00
0.00
Interest Expense
0.00
0.00
0.00
0.00
Net Interest Income
0.00
0.00
0.00
0.00
0.00
EBIT
-0.05
-0.08
-0.07
0.01
0.00
EBITDA
-0.05
-0.08
-0.07
0.01
0.00
Reconciled Cost Of Revenue
Reconciled Depreciation
0.00
0.00
0.00
0.00
Normalized EBITDA
-0.05
-0.08
-0.07
-0.04
-0.02
Tax Rate For Calcs
0.00
0.00
0.00
0.00
0.05
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.01
0.00
BALANCE SHEET
The balance sheet is a snapshot of a companies financials during a particular period in time.

It breaks down what company owns (assets) and what a company owes (liabilities), in order to give investors an overview of its capital structure.

FISCAL YEAR (BIL.)
2022 ($)
2023 ($)
2024 ($)
2025 ($)
TTM ($)
Total Assets
0.07
0.07
0.05
0.16
0.14
Current Assets
0.07
0.07
0.05
0.16
0.14
Total Non-Current Assets
0.00
0.00
0.00
0.00
0.01
Total Liabilities Net Minority Interest
0.01
0.01
0.01
0.01
0.00
Current Liabilities
0.01
0.01
0.01
0.00
0.00
Other Non-Current Liabilities
Total Equity Gross Minority Interest
0.06
0.06
0.04
0.15
0.14
Stockholders Equity
Total Capitalization
0.06
0.06
0.04
0.15
0.14
Common Stock Equity
0.06
0.06
0.04
0.15
0.14
Net Tangible Assets
0.06
0.06
0.04
0.15
0.14
Working Capital
0.06
0.06
0.03
0.16
0.14
Invested Capital
0.06
0.06
0.04
0.15
0.14
Tangible Book Value
0.06
0.06
0.04
0.15
0.14
Total Debt
0.00
0.00
0.00
0.00
0.00
Net Debt
Share Issued
0.01
0.03
0.04
0.08
0.11
Ordinary Shares Number
0.01
0.03
0.04
0.08
0.11
CASH FLOW STATEMENTS
A companies statement of cash flows gives an investor a break down of the cash inflows and outflows from a companies operations and investment activities.
FISCAL YEAR (BIL.)
2022 ($)
2023 ($)
2024 ($)
2025 ($)
TTM ($)
Cash Flow from Continuing Operating Activities
-0.05
-0.04
-0.06
-0.04
-0.02
Net Income from Continuing Operations
-0.05
-0.08
-0.07
0.00
0.00
Depreciation and Amortization
0.00
0.00
0.00
0.00
Deferred Tax
Deferred Income Tax
Stock-Based Compensation
0.01
0.01
0.01
0.00
0.01
Other Non-Cash Items
0.00
0.03
0.00
Change in Working Capital
0.00
0.00
0.00
-0.01
-0.01
Change in Receivables
0.00
0.00
0.00
Changes in Account Receivables
Change in Inventory
Change in Payables and Accrued Expense
0.00
0.00
0.00
-0.01
-0.01
Change in Payable
-0.01
-0.01
Change in Account Payable
-0.01
-0.01
Change in Other Current Assets
0.00
0.00
0.00
0.00
0.00
Change in Other Current Liabilities
0.00
0.00
0.00
0.00
0.00
Change in Other Working Capital
Cash Flow from Continuing Investing Activities
0.05
0.00
Net PPE Purchase and Sale
Net Business Purchase and Sale
0.05
0.00
Purchase of Business
Net Investment Purchase and Sale
Purchase of Investment
Sale of Investment
Net Other Investing Changes
0.00
Financing Cash Flow
0.00
0.00
0.04
0.11
0.13
Cash Flow from Continuing Financing Activities
0.00
0.00
0.04
0.11
0.13
Net Issuance Payments of Debt
Net Long-Term Debt Issuance
Long-Term Debt Issuance
Long-Term Debt Payments
Net Short-Term Debt Issuance
Net Common Stock Issuance
0.13
Common Stock Issuance
0.13
Common Stock Payments
Cash Dividends Paid
Net Other Financing Charges
0.00
0.00
0.00
End Cash Position
0.34
0.34
0.24
0.07
0.04
Changes in Cash
-0.05
0.01
-0.02
-0.03
-0.01
Beginning Cash Position
0.39
0.34
0.27
0.11
0.05
Capital Expenditure
Issuance of Capital Stock
0.13
Issuance of Debt
Repayment of Debt
Repurchase of Capital Stock
Free Cash Flow
-0.05
-0.04
-0.06
-0.14
-0.13