CIFR icon

Cipher Mining

5.96 USD
-0.01
0.17%
At close Feb 10, 4:00 PM EST
After hours
5.99
+0.03
0.50%
1 day
-0.17%
5 days
3.29%
1 month
19.68%
3 months
-19.78%
6 months
51.65%
Year to date
23.40%
1 year
52.82%
5 years
-42.64%
10 years
-42.64%
 

About: Cipher Mining Inc ia an emerging technology company that operates in the Bitcoin mining ecosystem in the United States. The company is developing a cryptocurrency mining business, specializing in Bitcoin. The company is expanding and strengthening the Bitcoin network's critical infrastructure in the United States.

Employees: 35

0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 5 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

52% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 29

43% more repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 40

22% more call options, than puts

Call options by funds: $22.1M | Put options by funds: $18.1M

9% more funds holding

Funds holding: 149 [Q2] → 163 (+14) [Q3]

0.97% less ownership

Funds ownership: 30.31% [Q2] → 29.34% (-0.97%) [Q3]

3% less capital invested

Capital invested by funds: $390M [Q2] → $378M (-$11.5M) [Q3]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$7.50
26%
upside
Avg. target
$8.60
44%
upside
High target
$10
68%
upside

5 analyst ratings

positive
100%
neutral
0%
negative
0%
Cantor Fitzgerald
Brett Knoblauch
69% 1-year accuracy
55 / 80 met price target
68%upside
$10
Overweight
Maintained
4 Feb 2025
Needham
John Todaro
77% 1-year accuracy
53 / 69 met price target
26%upside
$7.50
Buy
Reiterated
31 Jan 2025
JP Morgan
Reginald Smith
62% 1-year accuracy
16 / 26 met price target
34%upside
$8
Overweight
Upgraded
10 Dec 2024
Northland Capital Markets
Mike Grondahl
67% 1-year accuracy
31 / 46 met price target
43%upside
$8.50
Outperform
Maintained
4 Dec 2024
BTIG
Gregory Lewis
46% 1-year accuracy
21 / 46 met price target
51%upside
$9
Buy
Maintained
15 Nov 2024

Financial journalist opinion

Based on 9 articles about CIFR published over the past 30 days

Neutral
GlobeNewsWire
7 hours ago
Cipher Mining Announces Date of Fourth Quarter and Full Year 2024 Business Update Conference Call
NEW YORK, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Cipher Mining Inc.  (NASDAQ: CIFR) (“Cipher” or the “Company”) today announced it will provide a business update and release its fourth quarter and full year 2024 financial results before U.S. markets open on Tuesday, February 25, 2025. Cipher will host a conference call and webcast that day at 8:00 a.m. Eastern Time.
Cipher Mining Announces Date of Fourth Quarter and Full Year 2024 Business Update Conference Call
Negative
Zacks Investment Research
1 week ago
Cipher Mining Inc. (CIFR) Increases Despite Market Slip: Here's What You Need to Know
In the most recent trading session, Cipher Mining Inc. (CIFR) closed at $5.82, indicating a +1.57% shift from the previous trading day.
Cipher Mining Inc. (CIFR) Increases Despite Market Slip: Here's What You Need to Know
Neutral
GlobeNewsWire
1 week ago
Cipher Mining Announces January 2025 Operational Update
NEW YORK, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for January 2025.
Cipher Mining Announces January 2025 Operational Update
Positive
Seeking Alpha
1 week ago
SoftBank Just Supercharged Cipher Mining's Pivot Beyond Crypto
Cipher Mining Inc. received a $50 million investment from SoftBank, boosting its expansion into high-performance computing (HPC) data centers and increasing its stock by 22%. Despite a -20.97x P/E ratio, CIFR's 63.47% jump in adjusted operating earnings signals rapid transformation, attracting growth investors' attention. The balance sheet shows CIFR's financial prudence with $25 million cash against $23 million debt, and low power costs, ensuring resilience against Bitcoin price drops.
SoftBank Just Supercharged Cipher Mining's Pivot Beyond Crypto
Positive
Invezz
1 week ago
What made Cipher Mining (CIFR) stock rally 30% on Friday?
Cipher Mining Inc (NASDAQ: CIFR) has received $50 million in investment from SoftBank which it said will help it build more data centers in the United States. The Japanese investment firm bought over 10 million shares to become a “significant primary investor” in CIFR today.
What made Cipher Mining (CIFR) stock rally 30% on Friday?
Positive
Barrons
1 week ago
Cipher Mining Stock Climbs on SoftBank Investment. Analysts Say It's ‘Sign of Things to Come.
Cipher Mining unveils a $50 million investment to support the development of data centers.
Cipher Mining Stock Climbs on SoftBank Investment. Analysts Say It's ‘Sign of Things to Come.
Neutral
GlobeNewsWire
1 week ago
Cipher Mining Announces $50 Million PIPE Investment from SoftBank Group
SoftBank to purchase approximately 10.4 million shares of Cipher common stock for $50 million SoftBank to purchase approximately 10.4 million shares of Cipher common stock for $50 million
Cipher Mining Announces $50 Million PIPE Investment from SoftBank Group
Negative
Zacks Investment Research
1 week ago
Cipher Mining Inc. (CIFR) Stock Sinks As Market Gains: Here's Why
Cipher Mining Inc. (CIFR) concluded the recent trading session at $4.49, signifying a -0.44% move from its prior day's close.
Cipher Mining Inc. (CIFR) Stock Sinks As Market Gains: Here's Why
Negative
Zacks Investment Research
2 weeks ago
Cipher Mining Inc. (CIFR) Rises Yet Lags Behind Market: Some Facts Worth Knowing
In the latest trading session, Cipher Mining Inc. (CIFR) closed at $5.53, marking a +0.36% move from the previous day.
Cipher Mining Inc. (CIFR) Rises Yet Lags Behind Market: Some Facts Worth Knowing
Neutral
GlobeNewsWire
1 month ago
Cipher Mining Announces December 2024 Operational Update
NEW YORK, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for December 2024.
Cipher Mining Announces December 2024 Operational Update
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