Cipher Mining Inc. (NASDAQ:CIFR – Get Free Report) has been given an average rating of “Moderate Buy” by the seventeen ratings firms that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and fourteen have assigned a buy rating to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $23.6786.
Several equities analysts have commented on CIFR shares. Zacks Research upgraded shares of Cipher Mining from a “strong sell” rating to a “hold” rating in a research note on Wednesday. Canaccord Genuity Group reiterated a “buy” rating and issued a $27.00 price objective on shares of Cipher Mining in a research note on Monday, December 15th. Keefe, Bruyette & Woods decreased their target price on Cipher Mining from $22.00 to $20.00 and set an “outperform” rating for the company in a report on Wednesday, March 11th. Needham & Company LLC restated a “buy” rating and set a $22.00 price target on shares of Cipher Mining in a report on Wednesday. Finally, Wall Street Zen lowered Cipher Mining from a “hold” rating to a “strong sell” rating in a research report on Sunday, March 1st.
Check Out Our Latest Report on CIFR
Cipher Mining Price Performance
Insider Activity
In related news, COO Patrick Arthur Kelly sold 35,568 shares of Cipher Mining stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $14.98, for a total value of $532,808.64. Following the completion of the transaction, the chief operating officer owned 1,441,508 shares in the company, valued at $21,593,789.84. The trade was a 2.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director James E. Newsome sold 45,161 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $15.74, for a total transaction of $710,834.14. Following the transaction, the director owned 127,331 shares of the company’s stock, valued at $2,004,189.94. This trade represents a 26.18% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 183,797 shares of company stock valued at $2,915,655 over the last three months. 2.63% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Cipher Mining
Institutional investors have recently modified their holdings of the company. CWM LLC increased its holdings in Cipher Mining by 43.3% in the fourth quarter. CWM LLC now owns 2,661 shares of the company’s stock valued at $39,000 after buying an additional 804 shares during the last quarter. Prospera Financial Services Inc lifted its holdings in 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 buying an additional 980 shares during the last quarter. GAMMA Investing LLC lifted its holdings in 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 buying an additional 1,286 shares during the last quarter. Arax Advisory Partners boosted its position 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 acquiring an additional 1,338 shares in the last quarter. Finally, Nisa Investment Advisors LLC increased its holdings in shares of Cipher Mining by 26.2% in the 4th quarter. Nisa Investment Advisors LLC now owns 7,077 shares of the company’s stock valued at $104,000 after acquiring an additional 1,468 shares during the last quarter. 12.26% of the stock is owned by hedge funds and other institutional investors.
More Cipher Mining News
Here are the key news stories impacting Cipher Mining this week:
- Positive Sentiment: Needham & Company reiterated a Buy rating on CIFR, signaling continued analyst conviction and supporting upside expectations. Read More.
- Positive Sentiment: Rosenblatt Securities reaffirmed a Buy and set a $24 price target, reinforcing a bullish analyst view that could attract buyers. Read More.
- Positive Sentiment: Zacks Research upgraded Cipher from “strong sell” to “hold,” a modest improvement in sentiment from a prior negative stance. Read More.
- Positive Sentiment: CIFR experienced a sharp gap higher tied to strength in Nasdaq futures, producing short‑term momentum that can attract momentum traders and algos. Read More.
- Neutral Sentiment: Analyst coverage is mixed overall (many Buy ratings and some Hold/Sell), leaving consensus upside but also exposing the stock to sentiment swings; consensus price targets imply material upside versus current levels. Read More.
- Negative Sentiment: Several market pieces highlight steep intraday declines (around 9% in Thursday trading), linking CIFR’s moves to Bitcoin and broader crypto‑miner volatility—this has been a direct driver of selling pressure. Read More.
- Negative Sentiment: Director Cary M. Grossman sold 30,000 shares (~15% reduction in his reported stake), a disclosed insider sale that can be interpreted as profit‑taking and may weigh on sentiment. Read More.
- Negative Sentiment: Zacks published a note highlighting a larger-than-market decline in the latest close, underscoring downside risk from near‑term price moves. Read More.
About Cipher Mining
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.
Further Reading
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