Q3 EPS Estimates for Cipher Mining Reduced by Analyst

Cipher Mining Inc. (NASDAQ:CIFR) – Equities research analysts at Northland Securities reduced their Q3 2026 EPS estimates for Cipher Mining in a research note issued to investors on Tuesday, August 4th. Northland Securities analyst M. Grondahl now forecasts that the company will post earnings of ($0.26) per share for the quarter, down from their prior estimate of ($0.11). The consensus estimate for Cipher Mining’s current full-year earnings is ($0.90) per share. Northland Securities also issued estimates for Cipher Mining’s Q4 2026 earnings at ($0.16) EPS and FY2026 earnings at ($1.35) EPS.

Cipher Mining (NASDAQ:CIFR) last released its quarterly earnings data on Tuesday, August 4th. The company reported ($0.65) EPS for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.40). Cipher Mining had a negative net margin of 585.75% and a negative return on equity of 156.28%. The business had revenue of $24.84 million during the quarter, compared to analyst estimates of $31.86 million. During the same quarter in the previous year, the company posted ($0.12) EPS.

A number of other equities analysts have also weighed in on the company. Morgan Stanley set a $43.50 price objective on Cipher Mining in a research note on Thursday, August 6th. Chardan Capital reissued a “buy” rating and issued a $32.00 price objective on shares of Cipher Mining in a report on Tuesday, August 4th. Weiss Ratings restated a “sell (d-)” rating on shares of Cipher Mining in a research report on Wednesday, June 24th. Rosenblatt Securities reaffirmed a “buy” rating and set a $30.00 target price on shares of Cipher Mining in a research note on Wednesday, August 5th. Finally, BTIG Research boosted their target price on shares of Cipher Mining from $25.00 to $35.00 and gave the company a “buy” rating in a report on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $28.61.

Cipher Mining Trading Up 5.4%

Shares of Cipher Mining stock opened at $17.21 on Wednesday. Cipher Mining has a 1-year low of $4.67 and a 1-year high of $30.14. The stock has a market cap of $7.14 billion, a P/E ratio of -6.02 and a beta of 3.20. The company has a debt-to-equity ratio of 9.69, a current ratio of 3.00 and a quick ratio of 3.00. The stock’s 50 day simple moving average is $22.61 and its 200-day simple moving average is $19.11.

Hedge Funds Weigh In On Cipher Mining

Several large investors have recently made changes to their positions in the stock. Handelsbanken Fonder AB boosted its position in shares of Cipher Mining by 59.3% during the 2nd quarter. Handelsbanken Fonder AB now owns 106,600 shares of the company’s stock worth $2,612,000 after purchasing an additional 39,700 shares during the period. Scott Capital Advisors LLC raised its position in Cipher Mining by 26.9% in the second quarter. Scott Capital Advisors LLC now owns 50,740 shares of the company’s stock valued at $1,243,000 after purchasing an additional 10,740 shares during the period. Hennion & Walsh Asset Management Inc. lifted its stake in Cipher Mining by 39.0% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 77,812 shares of the company’s stock worth $1,906,000 after purchasing an additional 21,849 shares in the last quarter. Strategic Investment Solutions Inc. IL boosted its position in shares of Cipher Mining by 726.6% during the second quarter. Strategic Investment Solutions Inc. IL now owns 4,571 shares of the company’s stock worth $112,000 after buying an additional 4,018 shares during the period. Finally, Harbor Investment Advisory LLC purchased a new position in shares of Cipher Mining during the second quarter worth $58,000. 12.26% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Wesley Hastie Williams sold 14,567 shares of the stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $21.41, for a total transaction of $311,879.47. Following the completion of the transaction, the director directly owned 115,409 shares in the company, valued at approximately $2,470,906.69. This represents a 11.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, major shareholder Holding Ltd V3 sold 1,800,000 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $26.62, for a total value of $47,916,000.00. Following the sale, the insider directly owned 59,516,694 shares of the company’s stock, valued at $1,584,334,394.28. The trade was a 2.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 3,145,825 shares of company stock worth $81,741,167. Corporate insiders own 3.09% of the company’s stock.

Cipher Mining News Summary

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

• Positive Sentiment: HC Wainwright maintained a Buy rating and a $30 price target, well above recent trading levels. The firm expects Cipher Mining’s quarterly losses to narrow through 2027, reaching a projected $0.01 per share profit in Q4 2027. Its 2027 quarterly estimates improve from a $0.08 loss in Q1 to a $0.02 loss in Q3.
• Positive Sentiment: The company’s long-term earnings trajectory remains a potential catalyst: HC Wainwright forecasts a 2027 loss of $0.12 per share, implying a transition toward profitability later in the forecast period.
• Neutral Sentiment: Reported short-interest data showed zero shares short both before and after the period measured, producing a zero-day short-interest ratio. The figures do not indicate meaningful short-covering activity and may reflect incomplete data.
• Negative Sentiment: HC Wainwright reduced its Q3 2026 EPS estimate to a $0.35 loss from a $0.30 loss and cut its FY2026 forecast to a $1.44 loss. Northland Securities also lowered its Q3 estimate to a $0.26 loss from $0.11 and its FY2026 estimate to a $1.35 loss from $0.52.
• Negative Sentiment: Both firms lowered their Q4 2026 projections to a $0.16-per-share loss. Northland previously expected a $0.01 loss, while HC Wainwright previously forecast a $0.08 loss. These revisions signal weaker near-term profitability than previously anticipated.
• Negative Sentiment: A recent valuation article said Cipher Mining shares had fallen 5% and remained overvalued according to GuruFocus’s GF Value model, which could limit upside despite the bullish analyst price target. Cipher Digital Inc. Shares Fall — GF Value Says Still Overvalued

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.