Cipher Digital Inc

CIFR

Market cap $8.13B

Cipher Digital Inc. (CIFR) reached $22.11 at the closing of the latest trading day, reflecting a -4.94% change compared to its last close.

Cipher Digital Inc (NASDAQ:CIFR) shares are trading higher by more than 7% on Thursday as risk-on appetite lifts high-beta Technology names alongside crypto-adjacent and AI-infrastructure themes.

In the most recent trading session, Cipher Digital Inc. (CIFR) closed at $20.47, indicating a -5.8% shift from the previous trading day.

Why this AI pullback isn't the top

Cipher Digital has transformed from Bitcoin mining to a leading AI data center landlord, securing $11.4B in contracted lease revenue. CIFR's signed leases with AWS and Fluidstack are set to generate $787M in average annualized NOI, with revenue ramping up from 2027 onward. Shares trade at a discount to peers, with a Buy rating and a 12-month price target of $28, based on contracted cash flows.

The semiconductor rotation and memory stock profit taking puts investors in a bind trying to call the top.

Cipher Digital Inc. (CIFR) closed at $22.84 in the latest trading session, marking a -6.78% move from the prior day.

Coinbase (NASDAQ:COIN | COIN Price Prediction) Head of Institutional Strategy John D'Agostino used a recent CNBC Squawk Box appearance to push back on the wave of skepticism that has followed a brutal stretch for crypto prices.

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

In the latest trading session, Cipher Digital Inc. (CIFR) closed at $25.68, marking a -2.06% move from the previous day.