Cipher Mining (NASDAQ:CIFR) Stock Gets Price Target Cut from Rosenblatt Securities

Cipher Mining (NASDAQ:CIFR – Free Report) had its price objective reduced by Rosenblatt Securities from $30.00 to $19.00 in a research report sent to investors on Tuesday morning,Benzinga reports. They currently have a buy rating on the stock.

A number of other research firms have also commented on CIFR. Keefe, Bruyette & Woods reduced their price objective on shares of Cipher Mining from $32.00 to $28.00 and set an “outperform” rating for the company in a research note on Thursday, August 6th. Cantor Fitzgerald dropped their target price on shares of Cipher Mining from $28.00 to $19.00 and set an “overweight” rating on the stock in a research report on Friday, October 16th. Chardan Capital restated a “buy” rating and set a $32.00 price target on shares of Cipher Mining in a report on Tuesday, August 4th. HC Wainwright restated a “buy” rating on shares of Cipher Mining in a research report on Monday. Finally, UBS Group reaffirmed an “overweight” rating and issued a $18.00 price objective on shares of Cipher Mining in a research note on Tuesday. Fifteen equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $24.25.

Get Our Latest Report on CIFR

Cipher Mining Price Performance

Shares of Cipher Mining stock opened at $5.55 on Tuesday. Cipher Mining has a 12-month low of $5.07 and a 12-month high of $30.14. The company has a quick ratio of 3.00, a current ratio of 1.69 and a debt-to-equity ratio of 9.10. The stock’s fifty day moving average is $13.44 and its 200-day moving average is $17.53.

Cipher Mining (NASDAQ:CIFR – Get Free Report) last released its quarterly earnings results on Monday, November 2nd. The company reported ($0.22) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.25) by $0.03. The business had revenue of $26.70 million during the quarter, compared to analyst estimates of $39.31 million. Cipher Mining had a negative return on equity of 161.74% and a negative net margin of 742.33%. Cipher Mining’s revenue for the quarter was down 62.8% on a year-over-year basis. During the same quarter last year, the company posted $0.10 EPS. Equities research analysts predict that Cipher Mining will post -1.36 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Fulcrum Asset Management LLP boosted its stake in shares of Cipher Mining by 257.6% during the 3rd quarter. Fulcrum Asset Management LLP now owns 68,861 shares of the company’s stock valued at $1,137,000 after buying an additional 49,605 shares during the period. Allspring Global Investments Holdings LLC grew its holdings in shares of Cipher Mining by 17.8% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 203,586 shares of the company’s stock valued at $3,147,000 after acquiring an additional 30,832 shares in the last quarter. Pictet Asset Management Holding SA grew its holdings in shares of Cipher Mining by 5.8% during the 3rd quarter. Pictet Asset Management Holding SA now owns 61,804 shares of the company’s stock valued at $978,000 after acquiring an additional 3,365 shares in the last quarter. CenterBook Partners LP purchased a new position in shares of Cipher Mining during the 3rd quarter valued at $691,000. Finally, Kestra Advisory Services LLC increased its stake in shares of Cipher Mining by 5.4% in the third quarter. Kestra Advisory Services LLC now owns 88,548 shares of the company’s stock worth $1,401,000 after acquiring an additional 4,510 shares during the last quarter. 12.26% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Cipher Mining

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

• Positive Sentiment: Cipher reported its first high-performance computing (HPC) lease revenue, while an expansion at Barber Lake lifted total contracted revenue to $9.1 billion. Its Colchis site also received a 1-gigawatt conditional baseload classification—potential support for its AI-infrastructure growth plans. Cipher Digital books first HPC lease revenue as Bitcoin mining fades Cipher Digital: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: Recent earnings were mixed: EPS beat analysts’ expectations, but revenue missed estimates and fell sharply year over year. This limits the reassurance investors may take from the earnings beat. Cipher Mining Shares Climb 10.2% Following Strong Earnings
• Negative Sentiment: Political uncertainty is weighing on AI data-center developers. Reports link CIFR’s decline to election results and concerns that Texas policy or regulation could delay construction and hinder infrastructure growth. Cipher Digital Stock Falls After Texas Governor Upset Cipher Stock Plummets After Democrats’ Midterm Wins
• Negative Sentiment: AI-infrastructure financing concerns remain a headwind. Coverage cites Cipher’s $850 million convertible-debt offering as a factor behind its steep October selloff, while a broader retreat in former crypto miners reflects investor doubts about the cost of building AI facilities. Why Cipher Digital Stock Lost 53.9% in October
• Negative Sentiment: Several analysts have lowered targets, and Keefe, Bruyette & Woods cut its rating from Outperform to Market Perform. Bernstein also reduced its target, although it maintained an Outperform rating. Such revisions add to cautious sentiment. Cipher Mining Rating Cut to Market Perform Bernstein Lowers Cipher Mining Price Target

Cipher Mining Company Profile

(Get Free Report)

Cipher Mining Inc (NASDAQ: CIFR) is a bitcoin mining company that develops and operates large-scale data center infrastructure in the United States. The company uses specialized application-specific integrated circuit (ASIC) computers to validate transactions on the Bitcoin network and earn bitcoin rewards.

Cipher focuses on securing access to cost-effective power, building and managing mining facilities, and deploying high-performance computing equipment. Its operations are supported by power infrastructure, cooling systems, networking equipment and other data center technologies required for energy-intensive digital asset mining.

The company was formed through the combination of Cipher Mining Technologies Inc and Good Works Acquisition Corp.

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