Weekly Research Analysts’ Ratings Updates for Cipher Mining (CIFR)

Several analysts have recently updated their ratings and price targets for Cipher Mining (NASDAQ: CIFR):

• 5/19/2026 – Cipher Mining had its price target raised by Morgan Stanley to $42.50. They now have an “overweight” rating on the stock.
• 5/15/2026 – Cipher Mining had its price target raised by Needham & Company LLC from $22.00 to $25.00. They now have a “buy” rating on the stock.
• 5/14/2026 – Cipher Mining is now covered by Jefferies Financial Group Inc.. They set a “buy” rating and a $32.00 price target on the stock.
• 5/14/2026 – Cipher Mining was upgraded by Jefferies Financial Group Inc. to “strong-buy”.
• 5/7/2026 – Cipher Mining had its price target raised by Keefe, Bruyette & Woods from $23.00 to $27.00. They now have an “outperform” rating on the stock.
• 5/6/2026 – Cipher Mining had its price target raised by Rosenblatt Securities from $24.00 to $30.00. They now have a “buy” rating on the stock.
• 5/6/2026 – Cipher Mining had its “buy” rating reaffirmed by BTIG Research. They now have a $25.00 price target on the stock.
• 5/6/2026 – Cipher Mining had its price target raised by HC Wainwright from $25.00 to $30.00. They now have a “buy” rating on the stock.
• 4/27/2026 – Cipher Mining had its “overweight” rating reaffirmed by Morgan Stanley. They now have a $40.50 price target on the stock.
• 4/9/2026 – Cipher Mining had its price target lowered by Cantor Fitzgerald from $24.00 to $22.00. They now have an “overweight” rating on the stock.
• 3/27/2026 – Cipher Mining had its “sell (d-)” rating reaffirmed by Weiss Ratings.
• 3/26/2026 – Cipher Mining had its “buy” rating reaffirmed by Rosenblatt Securities. They now have a $24.00 price target on the stock.
• 3/25/2026 – Cipher Mining was upgraded by Zacks Research from “strong sell” to “hold”.
• 3/25/2026 – Cipher Mining had its “buy” rating reaffirmed by Needham & Company LLC. They now have a $22.00 price target on the stock.

Insider Buying and Selling

In other news, Director James E. Newsome sold 45,161 shares of the firm’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $15.74, for a total value of $710,834.14. Following the completion of the sale, the director directly owned 127,331 shares in the company, valued at approximately $2,004,189.94. This trade represents a 26.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, COO Patrick Arthur Kelly sold 48,000 shares of the firm’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $19.36, for a total value of $929,280.00. Following the completion of the sale, the chief operating officer owned 1,451,856 shares of the company’s stock, valued at approximately $28,107,932.16. This trade represents a 3.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 244,398 shares of company stock valued at $4,276,690 in the last 90 days. 2.63% of the stock is owned by corporate insiders.

Cipher Mining Inc is a Nasdaq-listed bitcoin mining company that develops, owns and operates large-scale mining facilities across the United States. The company focuses on deploying advanced ASIC hardware and securing long-term low-cost power contracts to optimize bitcoin production. By strategically locating its sites in regions with abundant energy supply, Cipher Mining seeks to maintain a competitive cost structure and deliver efficient hashrate capacity growth.

Founded in 2021 and headquartered in Austin, Texas, Cipher Mining has pursued an integrated approach encompassing site development, equipment procurement and operations management.