Cipher Mining (NASDAQ:CIFR) Earns Buy Rating from Rosenblatt Securities

Cipher Mining (NASDAQ:CIFR)‘s stock had its “buy” rating reaffirmed by Rosenblatt Securities in a report issued on Thursday,Benzinga reports. They currently have a $24.00 price target on the stock. Rosenblatt Securities’ price target suggests a potential upside of 69.15% from the stock’s current price.

Several other equities research analysts also recently issued reports on the stock. Wall Street Zen downgraded shares of Cipher Mining from a “hold” rating to a “strong sell” rating in a research note on Sunday, March 1st. HC Wainwright cut their price target on Cipher Mining to $25.00 and set a “buy” rating on the stock in a research note on Wednesday, February 25th. Zacks Research downgraded Cipher Mining from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 24th. Canaccord Genuity Group restated a “buy” rating and set a $27.00 price objective on shares of Cipher Mining in a report on Monday, December 15th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Cipher Mining in a research note on Monday, December 29th. Fourteen research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $23.68.

Cipher Mining Stock Down 10.6%

NASDAQ:CIFR traded down $1.69 during trading hours on Thursday, hitting $14.19. The stock had a trading volume of 18,916,226 shares, compared to its average volume of 29,122,303. The company has a market cap of $5.75 billion, a PE ratio of -6.58 and a beta of 2.96. The business has a 50 day simple moving average of $15.87 and a two-hundred day simple moving average of $16.27. Cipher Mining has a 1-year low of $1.86 and a 1-year high of $25.52. The company has a current ratio of 3.79, a quick ratio of 3.79 and a debt-to-equity ratio of 3.37.

Insider Activity at Cipher Mining

In related news, COO Patrick Arthur Kelly sold 35,568 shares of the firm’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $14.98, for a total transaction of $532,808.64. Following the transaction, the chief operating officer directly owned 1,441,508 shares in the company, valued at $21,593,789.84. This trade represents a 2.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Cary M. Grossman sold 30,000 shares of the business’s stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $14.54, for a total transaction of $436,200.00. Following the sale, the director owned 170,530 shares of the company’s stock, valued at approximately $2,479,506.20. The trade was a 14.96% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 146,297 shares of company stock valued at $2,311,530. Corporate insiders own 2.63% of the company’s stock.

Institutional Investors Weigh In On Cipher Mining

Institutional investors and hedge funds have recently bought and sold shares of the business. Millennium Management LLC acquired a new position in Cipher Mining in the first quarter valued at approximately $9,316,000. Goldman Sachs Group Inc. lifted its holdings in shares of Cipher Mining by 52.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 4,680,219 shares of the company’s stock worth $10,765,000 after purchasing an additional 1,610,073 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Cipher Mining by 18.1% in the 2nd quarter. Geode Capital Management LLC now owns 7,242,210 shares of the company’s stock worth $34,621,000 after purchasing an additional 1,108,850 shares during the last quarter. Police & Firemen s Retirement System of New Jersey boosted its position in Cipher Mining by 32.1% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 60,235 shares of the company’s stock valued at $288,000 after purchasing an additional 14,649 shares during the period. Finally, Creative Planning grew its stake in Cipher Mining by 45.9% during the 2nd quarter. Creative Planning now owns 115,144 shares of the company’s stock worth $550,000 after buying an additional 36,251 shares during the last quarter. Institutional investors and hedge funds own 12.26% of the company’s stock.

Trending Headlines about Cipher Mining

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

• Positive Sentiment: Announced a new 15‑year data‑center campus lease with an investment‑grade hyperscale tenant and secured a revolving credit facility of up to $200 million — improves long‑term revenue visibility and near‑term liquidity for expansion. Cipher Digital Announces Business Updates
• Positive Sentiment: Brokerage support: Needham reaffirmed a “buy” rating with a $22 price target, signaling analyst conviction and potential upside vs. current levels. Benzinga
• Positive Sentiment: Media coverage (Barron’s) frames the hyperscaler lease as evidence of rising AI/datacenter demand — a narrative that can re‑rate data‑center multiples and attract institutional interest. Cipher Digital Stock Jumps on Hyperscaler Deal. A New Signal for AI Demand.
• Positive Sentiment: Coverage highlighting an “AI pivot” plus the fresh liquidity boost has put CIFR back on traders’ radars, supporting momentum buying. CIFR stock back on traders’ radar
• Neutral Sentiment: Wall‑street analyst commentary is broadly constructive but mixed across firms; coverage can amplify moves without immediate changes to fundamentals. Wall Street Bulls Look Optimistic About Cipher Digital Inc. (CIFR)
• Neutral Sentiment: Recent short‑interest data in feeds is inconsistent/zeroed out and does not provide a clear signal on bearish positioning at present; not a clear driver this session.
• Negative Sentiment: Insider selling: Director Cary M. Grossman sold 30,000 shares (~14.96% reduction in his reported stake), a move investors may interpret as profit‑taking or a negative signal amid recent strength. SEC Form 4 – Insider Sale
• Negative Sentiment: Broader sector sensitivity: coverage noting that a decline in Bitcoin’s price is weighing on crypto‑mining stocks generally — a macro driver that can quickly pressure CIFR despite company‑specific positives. Cipher Mining Falls 9%… Is Bitcoin’s Price Move Punishing Crypto Mining Stocks?

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.