Cipher Mining (NASDAQ:CIFR) Stock Gets Price Target Reduction from Morgan Stanley

Cipher Mining (NASDAQ:CIFR) had its price target reduced by Morgan Stanley to $27.50 in a research report sent to investors on Monday,Benzinga reports. They currently have an overweight rating on the stock.

Several other equities analysts have also weighed in on the stock. Rosenblatt Securities dropped their price objective on shares of Cipher Mining from $30.00 to $19.00 and set a “buy” rating on the stock in a research report on Tuesday, November 3rd. Freedom Capital raised shares of Cipher Mining to a “hold” rating in a report on Friday, September 18th. UBS Group reiterated an “overweight” rating and issued a $18.00 price target on shares of Cipher Mining in a research note on Tuesday, November 3rd. Needham & Company LLC lowered their price target on shares of Cipher Mining from $25.00 to $15.00 and set a “buy” rating on the stock in a report on Tuesday, November 3rd. Finally, Chardan Capital reissued a “buy” rating and issued a $32.00 price target on shares of Cipher Mining in a report on Tuesday, August 4th. Fifteen investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $21.38.

Cipher Mining Price Performance

CIFR stock opened at $7.11 on Monday. The company has a debt-to-equity ratio of 9.10, a current ratio of 1.69 and a quick ratio of 1.69. Cipher Mining has a 1-year low of $5.07 and a 1-year high of $30.14. The business’s 50 day simple moving average is $12.74 and its 200 day simple moving average is $17.31.

Cipher Mining (NASDAQ:CIFR) last announced its quarterly earnings results on Monday, November 2nd. The company reported ($0.22) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.25) by $0.03. Cipher Mining had a negative return on equity of 161.74% and a negative net margin of 742.33%. The business had revenue of $26.70 million during the quarter, compared to the consensus estimate of $39.31 million. During the same quarter last year, the firm posted $0.10 EPS. The company’s quarterly revenue was down 62.8% on a year-over-year basis. As a group, analysts expect that Cipher Mining will post -0.97 EPS for the current fiscal year.

Institutional Investors Weigh In On Cipher Mining

Large investors have recently added to or reduced their stakes in the stock. GK Wealth Management LLC bought a new position in Cipher Mining during the 3rd quarter worth $25,000. CoreCap Advisors LLC lifted its position in shares of Cipher Mining by 41.7% during the 2nd quarter. CoreCap Advisors LLC now owns 1,700 shares of the company’s stock valued at $42,000 after acquiring an additional 500 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Cipher Mining during the 3rd quarter worth $42,000. EverSource Wealth Advisors LLC grew its holdings in shares of Cipher Mining by 259.4% during the 1st quarter. EverSource Wealth Advisors LLC now owns 3,357 shares of the company’s stock worth $43,000 after purchasing an additional 2,423 shares in the last quarter. Finally, Ancora Advisors LLC acquired a new stake in shares of Cipher Mining during the 2nd quarter worth $49,000. Institutional investors and hedge funds own 12.26% of the company’s stock.

Cipher Mining News Roundup

These are some of the CIFR news items that stood out recently:

• Positive Sentiment: Northland Securities raised its 2026 EPS estimate to a loss of $0.94 per share from a loss of $1.35, and improved its Q4 2026 estimate to a loss of $0.11 from $0.16. HC Wainwright also raised its 2026 estimate to a loss of $1.03 from $1.44. Both firms’ revisions suggest a better 2026 outlook than previously expected.
• Neutral Sentiment: A report characterized November short interest as having increased but also stated that total short interest was zero shares, making the data internally inconsistent and difficult to interpret.
• Negative Sentiment: Jefferies’ price-target reduction and a separate headline reporting a pessimistic Morgan Stanley forecast add to the negative analyst news. The Morgan Stanley report provided no forecast details in the available information. Article: Morgan Stanley issues pessimistic forecast for Cipher Mining

Cipher Mining Company Profile

Cipher Mining Inc. is a U.S.-based bitcoin mining company that develops and operates data centers designed to support large-scale mining operations. Its facilities house specialized computing equipment that helps process transactions and secure the Bitcoin network. The company’s operations and development activities are concentrated in the United States, including sites in Texas. Its work includes building and managing mining infrastructure and sourcing the energy and equipment needed to run its facilities.