6 guidance statements on the ledger, 6 with an outcome document: 3 settled, 3 still open.
5 of the 6 are specific enough to score. The other is tracked and shown but carries no number to check. 3 of the selected rows for this company are specific, which is what the accuracy score would rest on. Every company's statements.
Feb 24, 2026specificsettledfilings and press releasesMW
Stingray Site ... The Stingray Site has conditional ERCOT interconnection approval of up to 100 MW. We expect to energize the site in the first half of 2026.
- Projected
- Stingray energized H1 2026, by Jun 30, 2026
- Actual
- Missed: Q1 2026 deck (May 5, 2026) says substation electrical work 'aligning with Q4 2026 target energization timeline'; Q2 2026 deck shows earthwork and underground electrical underway with '1H 2027 Expected Delivery' and rent from Apr 1, 2027 as of Aug 4, 2026
- Variance
- not computed
The outcome document says: Annualized NOI (3) 700 MW Contracted Gross HPC Capacity 4 Cipher Digital Leading HPC Development Platform Built for Hyperscale Note: (1) Based on gross MWs for executed HPC leases and currently operating bitcoin self -mining capacity (2) Gross pipeline capacity subject to ERCOT batch process (3) Reflects total average contracted annualized NOI from October 2026 to September 2036, through the end of the Barber Lake Fluidstack/Google base lease term Current Portfolio 907 MW (1) of operating and contracted capacity today, including three data center campus leases with world’s leading hyperscalers
Said in 10-K FY2025 (filed Feb 24, 2026), grade verified. Outcome from 8-K EX-99.2 May 5, 2026 (Q1 2026 deck), grade verified.
Feb 3, 2026specificsettledinvestor presentationsHPC MW
Rent under the initial phase is expected to commence in October 2026. Rent under the final phase is expected to commence in March 2027
- Projected
- Black Pearl initial rent October 2026, by Oct 1, 2026
- Actual
- Beaten by about two months: 'Cipher began delivering data center capacity at the beginning of August, two months ahead of the original schedule' and 'rent has commenced at the site' (tenant-requested acceleration via Jul 24, 2026 lease amendment) as of Aug 4, 2026
- Variance
- not computed
The outcome document says: Under the amended terms, Cipher began delivering data center capacity at the beginning of August, two months ahead of the original schedule.
Said in 8-K EX-99.1 Feb 3, 2026 (Black Pearl Compute investor presentation), grade verified. Outcome from 8-K EX-99.1 Aug 4, 2026 (Q2 2026 business update), grade verified.
Nov 20, 2025specificstill openfilings and press releasesHPC MW
Expected Delivery of Additional 39 MW of Critical IT Load at Barber Lake by January 2027
- Projected
- Barber Lake Phase II 39 MW by January 2027, by Jan 31, 2027
- Actual
- unresolved; 10-K reiterates 'Barber Lake Phase II by January 31, 2027' as of Aug 4, 2026
- Variance
- not resolved
The outcome document says: Cipher Barber Lake is targeting delivery of Barber Lake Phase I by September 30, 2026, and of Barber Lake Phase II by January 31, 2027.
The outcome document restates the target rather than reporting an outcome: 'Barber Lake Phase II by January 31, 2027'. The target date is Jan 31, 2027.
Said in 8-K EX-99.1 Nov 20, 2025 (Fluidstack additional 56 MW), grade verified. Outcome from 10-K FY2025 (filed Feb 24, 2026), grade verified.
Nov 3, 2025specificsettledfilings and press releasesHPC MW
Under the terms of this lease agreement, Cipher will deliver 300 MW of capacity in 2026, including both air and liquid cooling to the racks. The capacity will be delivered in two phases, expected to begin in July 2026 and complete in the fourth quarter of 2026, with rent commencing in August 2026.
- Projected
- AWS Black Pearl: first delivery July 2026, rent August 2026, full 300 MW gross by Q4 2026, by Dec 31, 2026
- Actual
- Partly met: after an interim slip (10-K Feb 2026: initial rent by Q4 2026, full ramp Q1 2027; Feb 2026 deck: initial rent October 1, 2026, final phase March 2027), the lease was amended Jul 24, 2026 and first capacity was delivered 'at the beginning of August' 2026 with rent commenced, matching the original August rent date. Full 300 MW is now scheduled into Q1 2027 (final data hall 81 IT MW target Feb 28, 2027), i.e. one quarter later than 'complete in the fourth quarter of 2026'. as of Aug 4, 2026
- Variance
- not computed
The outcome document says: Under the amended terms, Cipher began delivering data center capacity at the beginning of August, two months ahead of the original schedule.
Said in 8-K EX-99.1 Nov 3, 2025 (Q3 2025 business update), grade verified. Outcome from 8-K EX-99.1 Aug 4, 2026 (Q2 2026 business update), grade verified.
Nov 3, 2025directionalstill openfilings and press releasesMW
The Colchis site includes a fully executed 1-GW Direct Connect Agreement with American Electric Power ("AEP"), under which AEP will construct the necessary dual interconnection facility for a targeted energization in 2028.
- Projected
- Colchis 1 GW energized 2028, by Dec 31, 2028
- Actual
- unresolved; Q2 2026 deck: '2028 Target Energization ... expected to be included in Batch Zero' (subject to ERCOT batch process) as of Aug 4, 2026
- Variance
- not resolved
The outcome document reports the site as still inside ERCOT's process: 'expected to be included in Batch Zero', against a 2028 target energization. Nothing has resolved.
Said in 8-K EX-99.1 Nov 3, 2025 (Q3 2025 business update), grade verified. Outcome from 8-K EX-99.2 Aug 4, 2026 (Q2 2026 business update deck). No outcome sentence is stored, so the outcome was not string-checked.
Sep 25, 2025specificstill openfilings and press releasesHPC MW
Expected Delivery of 168 MW of Critical IT Load by September of 2026
- Projected
- Barber Lake Phase I 168 MW critical IT delivered by September 2026, by Sep 30, 2026
- Actual
- Unresolved as of Aug 4, 2026 but on schedule: 10-K restated 'targeting delivery of Barber Lake Phase I by September 30, 2026'; Q2 deck: 'Sep. 2026 Expected Initial Delivery; Rental payments expected to commence October 2026'; tenant 'has commenced beneficial use of the facility, including partial occupancy' as of Aug 4, 2026
- Variance
- not resolved
The outcome document says: Barber Lake data center continues to progress towards completion as tenant has commenced beneficial use of the facility, including partial occupancy of the building and deployment of network racks
The outcome document reports the delivery as still ahead and on track: 'Barber Lake data center continues to progress towards completion as tenant has commenced beneficial use of the facility, including partial occupancy of the building and deployment of network racks'. The target date, September 30 2026, had not arrived when the document was published.
Said in 8-K EX-99.1 Sep 25, 2025 (Fluidstack 168 MW lease), grade verified. Outcome from 8-K EX-99.1 Aug 4, 2026 (Q2 2026 business update), grade verified.