Cipher Mining Inc. (NASDAQ:CIFR) Given Average Rating of “Moderate Buy” by Analysts

Cipher Mining Inc. (NASDAQ:CIFR) has earned an average recommendation of “Moderate Buy” from the eighteen brokerages that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $26.8667.

A number of research firms have weighed in on CIFR. Cantor Fitzgerald decreased their price target on Cipher Mining from $24.00 to $22.00 and set an “overweight” rating for the company in a report on Thursday, April 9th. Wall Street Zen cut Cipher Mining from a “hold” rating to a “strong sell” rating in a report on Sunday, March 1st. Zacks Research raised Cipher Mining from a “strong sell” rating to a “hold” rating in a research report on Wednesday, March 25th. Needham & Company LLC upped their target price on Cipher Mining from $22.00 to $25.00 and gave the company a “buy” rating in a research report on Friday. Finally, BTIG Research reaffirmed a “buy” rating and issued a $25.00 target price on shares of Cipher Mining in a research report on Wednesday, May 6th.

Cipher Mining News Roundup

Here are the key news stories impacting Cipher Mining this week:

• Positive Sentiment: Needham raised its price target on Cipher Mining to $25 from $22 and kept a buy rating, implying meaningful upside from recent trading levels.
• Positive Sentiment: Jefferies upgraded Cipher Mining to strong-buy, adding to the optimistic analyst sentiment around the stock.
• Positive Sentiment: HC Wainwright lifted earnings estimates for Q2, Q3, Q4 and full-year 2026 while maintaining a buy rating and $30 price target, suggesting confidence in the company’s longer-term earnings path.
• Positive Sentiment: Northland Securities modestly raised its Q2 2026 EPS estimate, which points to slightly improved near-term expectations.
• Positive Sentiment: Broader market commentary on bitcoin miners with AI exposure has also been supportive of the group, helping keep investor interest elevated in CIFR.

Cipher Mining Stock Down 8.8%

NASDAQ CIFR opened at $20.33 on Friday. The stock has a market cap of $8.32 billion, a PE ratio of -8.73 and a beta of 3.13. Cipher Mining has a fifty-two week low of $3.08 and a fifty-two week high of $25.52. The business has a 50 day moving average price of $16.58 and a two-hundred day moving average price of $16.95. The company has a quick ratio of 3.13, a current ratio of 3.13 and a debt-to-equity ratio of 6.13.

Cipher Mining (NASDAQ:CIFR) last released its quarterly earnings results on Tuesday, May 5th. The company reported ($0.28) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.27) by ($0.01). The company had revenue of $34.84 million during the quarter, compared to analysts’ expectations of $36.12 million. Cipher Mining had a negative return on equity of 117.65% and a negative net margin of 427.79%.The business’s revenue was down 28.8% on a year-over-year basis. As a group, sell-side analysts predict that Cipher Mining will post -0.8 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Cary M. Grossman sold 30,000 shares of the firm’s stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $14.54, for a total transaction of $436,200.00. Following the completion of the transaction, the director owned 170,530 shares of the company’s stock, valued at $2,479,506.20. This trade represents a 14.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Wesley Hastie Williams sold 28,169 shares of the stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $22.26, for a total value of $627,041.94. Following the completion of the transaction, the director owned 129,976 shares of the company’s stock, valued at $2,893,265.76. This trade represents a 17.81% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 244,398 shares of company stock valued at $4,276,690. Company insiders own 2.63% of the company’s stock.

Institutional Investors Weigh In On Cipher Mining

Several hedge funds have recently bought and sold shares of the business. Abel Hall LLC lifted its stake in Cipher Mining by 3.8% in the 1st quarter. Abel Hall LLC now owns 20,140 shares of the company’s stock worth $259,000 after acquiring an additional 739 shares in the last quarter. CWM LLC lifted its stake in Cipher Mining by 43.3% in the 4th quarter. CWM LLC now owns 2,661 shares of the company’s stock worth $39,000 after acquiring an additional 804 shares in the last quarter. Prospera Financial Services Inc raised its stake in shares of Cipher Mining by 6.7% during the 4th quarter. Prospera Financial Services Inc now owns 15,600 shares of the company’s stock worth $230,000 after purchasing an additional 980 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of Cipher Mining by 218.3% during the 4th quarter. GAMMA Investing LLC now owns 1,875 shares of the company’s stock worth $28,000 after purchasing an additional 1,286 shares in the last quarter. Finally, Arax Advisory Partners raised its stake in shares of Cipher Mining by 274.2% during the 4th quarter. Arax Advisory Partners now owns 1,826 shares of the company’s stock worth $27,000 after purchasing an additional 1,338 shares in the last quarter. 12.26% of the stock is owned by hedge funds and other institutional investors.

Cipher Mining Company Profile

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.