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Cipher Mining - CIFR Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $8.03
  • Forecasted Upside: 12.59%
  • Number of Analysts: 11
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 9 Buy Ratings
  • 2 Strong Buy Ratings
$7.13 As of 12/18/2024 10:09 AM ET
▼ -0.1 (-1.38%)

This chart shows the closing price for CIFR by one month, three months, or twelve months.

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Analyst Price Target for CIFR

Analyst Price Target is $8.03
▲ +12.59% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for Cipher Mining in the last 3 months. The average price target is $8.03, with a high forecast of $9.00 and a low forecast of $7.00. The average price target represents a 12.59% upside from the last price of $7.13.

This chart shows the closing price for CIFR for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 11 contributing investment analysts is to buy stock in Cipher Mining. This rating has held steady since July 2024, when it changed from a Moderate Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/26/2023
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/24/2023
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/23/2023
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/22/2024
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
6/20/2024
  • 1 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/18/2024
  • 2 strong buy ratings
  • 8 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/17/2024
  • 2 strong buy ratings
  • 9 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/17/2024

Latest Recommendations

  • 2 strong buy ratings
  • 9 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/10/2024JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$8.00
12/4/2024Northland SecuritiesBoost TargetOutperform ➝ Outperform$6.00 ➝ $8.50
11/15/2024BTIG ResearchBoost TargetBuy ➝ Buy$6.00 ➝ $9.00
11/7/2024MacquarieBoost TargetOutperform ➝ Outperform$6.00 ➝ $7.25
11/1/2024Canaccord Genuity GroupReiterated RatingBuy ➝ Buy$7.00 ➝ $7.00
11/1/2024HC WainwrightReiterated RatingBuy ➝ Buy$7.00 ➝ $7.00
11/1/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$7.50 ➝ $7.50
10/3/2024Cantor FitzgeraldReiterated RatingOverweight ➝ Overweight$9.00 ➝ $9.00
9/25/2024Northland CapmkUpgradeStrong-Buy
9/25/2024Northland SecuritiesInitiated CoverageOutperform$6.00
9/24/2024MacquarieInitiated CoverageOutperform$6.00
9/3/2024Cantor FitzgeraldReiterated RatingOverweight ➝ Overweight$9.00 ➝ $9.00
8/29/2024Canaccord Genuity GroupReiterated RatingBuy ➝ Buy$7.00 ➝ $7.00
8/21/2024Canaccord Genuity GroupBoost TargetBuy ➝ Buy$6.00 ➝ $7.00
8/15/2024Compass PointBoost TargetBuy ➝ Buy$7.50 ➝ $9.00
8/14/2024Needham & Company LLCBoost TargetBuy ➝ Buy$5.00 ➝ $7.50
8/6/2024Stifel CanadaUpgradeStrong-Buy
6/11/2024Cantor FitzgeraldInitiated CoverageOverweight ➝ Overweight$5.00 ➝ $9.00
6/7/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$5.00 ➝ $5.00
6/6/2024HC WainwrightBoost TargetBuy ➝ Buy$5.50 ➝ $6.00
5/17/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$5.00
5/8/2024Canaccord Genuity GroupReiterated RatingBuy ➝ Buy$5.50 ➝ $6.00
5/8/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$5.00
5/7/2024HC WainwrightBoost TargetBuy ➝ Buy$4.50 ➝ $5.50
4/22/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$5.00
3/28/2024Canaccord Genuity GroupReiterated RatingBuy ➝ Buy$5.50
3/28/2024Cantor FitzgeraldReiterated RatingOverweight ➝ Overweight$5.00
3/18/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$5.00
3/6/2024Cantor FitzgeraldReiterated RatingOverweight ➝ Overweight$5.00
3/6/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$5.00
3/6/2024Canaccord Genuity GroupReiterated RatingBuy ➝ Buy$5.50
3/5/2024HC WainwrightReiterated RatingBuy ➝ Buy$4.50
2/13/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$5.00
1/25/2024Cantor FitzgeraldLower TargetOverweight ➝ Overweight$6.00 ➝ $5.00
12/21/2023Canaccord Genuity GroupReiterated RatingBuy ➝ Buy$5.50
12/19/2023Cantor FitzgeraldReiterated RatingOverweight ➝ Overweight$6.00
12/4/2023Cantor FitzgeraldReiterated RatingOverweight ➝ Overweight$6.00
11/20/2023Cantor FitzgeraldReiterated RatingOverweight ➝ Overweight$6.00
11/9/2023Canaccord Genuity GroupBoost TargetBuy ➝ Buy$4.50 ➝ $5.50
10/11/2023JPMorgan Chase & Co.Initiated CoverageNeutral
9/25/2023Cantor FitzgeraldReiterated RatingOverweight ➝ Overweight$6.00
9/15/2023BTIG ResearchInitiated CoverageBuy$6.00
9/5/2023Cantor FitzgeraldReiterated RatingOverweight ➝ Overweight$6.00
8/28/2023Cantor FitzgeraldReiterated RatingOverweight ➝ Overweight$6.00
8/16/2023Canaccord Genuity GroupBoost TargetBuy ➝ Buy$4.00 ➝ $4.50
8/9/2023Needham & Company LLCReiterated RatingBuy ➝ Buy$5.00
8/9/2023HC WainwrightBoost TargetBuy ➝ Buy$3.00 ➝ $4.50
8/2/2023Needham & Company LLCBoost TargetBuy ➝ Buy$4.00 ➝ $5.00
7/20/2023Compass PointBoost Target$4.00 ➝ $5.50
6/6/2023Compass PointInitiated CoverageBuy$4.00
4/25/2023Canaccord Genuity GroupInitiated CoverageBuy$4.00
4/12/2023Needham & Company LLCReiterated RatingBuy$2.70 ➝ $4.00
4/4/2023Needham & Company LLCReiterated RatingBuy$2.70
3/16/2023HC WainwrightReiterated RatingBuy$3.00
3/13/2023Cantor FitzgeraldInitiated CoverageBuy$3.00
2/21/2023Needham & Company LLCInitiated CoverageBuy$2.70
2/7/2023HC WainwrightUpgradeNeutral ➝ Buy$1.50 ➝ $3.00
10/10/2022HC WainwrightInitiated CoverageNeutral$1.50
(Data available from 12/18/2019 forward)

News Sentiment Rating

0.90 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 16 very positive mentions
  • 14 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
5/21/2024
  • 15 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/20/2024
  • 15 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/20/2024
  • 9 very positive mentions
  • 16 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/19/2024
  • 9 very positive mentions
  • 16 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/18/2024
  • 14 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/18/2024
  • 12 very positive mentions
  • 23 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/17/2024
  • 7 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/17/2024

Current Sentiment

  • 7 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Cipher Mining logo
Cipher Mining Inc., together with its subsidiaries, engages in the development and operation of industrial scale bitcoin mining data centers in the United States. The company was incorporated in 2020 and is based in New York, New York. Cipher Mining Inc. operates as a subsidiary of Bitfury Holding B.V.
Read More

Today's Range

Now: $7.13
Low: $7.13
High: $7.13

50 Day Range

MA: $5.97
Low: $3.67
High: $7.43

52 Week Range

Now: $7.13
Low: $2.15
High: $7.99

Volume

93,134 shs

Average Volume

9,384,514 shs

Market Capitalization

$2.48 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.29

Frequently Asked Questions

What sell-side analysts currently cover shares of Cipher Mining?

The following Wall Street sell-side analysts have issued reports on Cipher Mining in the last twelve months: BTIG Research, Canaccord Genuity Group Inc., Cantor Fitzgerald, Compass Point, HC Wainwright, JPMorgan Chase & Co., Macquarie, Needham & Company LLC, Northland Capmk, Northland Securities, and Stifel Canada.
View the latest analyst ratings for CIFR.

What is the current price target for Cipher Mining?

0 Wall Street analysts have set twelve-month price targets for Cipher Mining in the last year. Their average twelve-month price target is $8.03, suggesting a possible upside of 11.0%. Compass Point has the highest price target set, predicting CIFR will reach $9.00 in the next twelve months. Canaccord Genuity Group Inc. has the lowest price target set, forecasting a price of $7.00 for Cipher Mining in the next year.
View the latest price targets for CIFR.

What is the current consensus analyst rating for Cipher Mining?

Cipher Mining currently has 9 buy ratings and 2 strong buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe CIFR will outperform the market and that investors should add to their positions of Cipher Mining.
View the latest ratings for CIFR.

What other companies compete with Cipher Mining?

Other companies that are similar to Cipher Mining include UWM, Banco Santander-Chile, Woori Financial Group, Bancolombia and Upstart. Learn More about companies similar to Cipher Mining.

How do I contact Cipher Mining's investor relations team?

The company's listed phone number is 332-262-2300 and its investor relations email address is [email protected]. The official website for Cipher Mining is www.ciphermining.com. Learn More about contacing Cipher Mining investor relations.