Cipher Mining
(NASDAQ:CIFR)
$4.42
-0.01[-0.23%]
At close: Apr 26
$4.42
0[0.00%]
After Hours: 7:16PM EDT
Q1 2024 Earnings in 11 days from now on Tue May 7th, before the market open
Consensus Rating1
Buy
Highest Price Target1
$6.00
Lowest Price Target1
$4.00
Consensus Price Target1
$4.29

Cipher Mining Stock (NASDAQ:CIFR), Analyst Ratings, Price Targets, Predictions

Cipher Mining Inc has a consensus price target of $4.29, established from looking at the 35 latest analyst ratings. The last 3 analyst ratings were released from Needham, Cantor Fitzgerald, and Canaccord Genuity on April 22, 2024, April 1, 2024, and March 28, 2024. With an average price target of $5.17 between Needham, Cantor Fitzgerald, and Canaccord Genuity, there's an implied 16.89% upside for Cipher Mining Inc from these 3 analyst ratings.

Analyst Trend
1
Jan
1
Feb
7
Mar
2
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
3.9
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Needham
Cantor Fitzgerald
Canaccord Genuity
HC Wainwright & Co.
JP Morgan

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Cipher Mining

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
04/22/2024CIFRBuy Now
Cipher Mining
$4.4213.12%Needham
John Todaro
→ $5ReiteratesBuy → BuyGet Alert
04/01/2024CIFRBuy Now
Cipher Mining
$4.4213.12%Cantor Fitzgerald
Josh Siegler
→ $5ReiteratesOverweight → OverweightGet Alert
03/28/2024CIFRBuy Now
Cipher Mining
$4.4224.43%Canaccord Genuity
Joseph Vafi
→ $5.5ReiteratesBuy → BuyGet Alert
03/28/2024CIFRBuy Now
Cipher Mining
$4.4213.12%Cantor Fitzgerald
Josh Siegler
→ $5ReiteratesOverweight → OverweightGet Alert
03/18/2024CIFRBuy Now
Cipher Mining
$4.4213.12%Needham
John Todaro
→ $5ReiteratesBuy → BuyGet Alert
03/06/2024CIFRBuy Now
Cipher Mining
$4.4213.12%Cantor Fitzgerald
Josh Siegler
→ $5ReiteratesOverweight → OverweightGet Alert
03/06/2024CIFRBuy Now
Cipher Mining
$4.4224.43%Canaccord Genuity
Joseph Vafi
→ $5.5ReiteratesBuy → BuyGet Alert
03/06/2024CIFRBuy Now
Cipher Mining
$4.4213.12%Needham
John Todaro
→ $5ReiteratesBuy → BuyGet Alert
03/05/2024CIFRBuy Now
Cipher Mining
$4.421.81%HC Wainwright & Co.
Mike Colonnese
→ $4.5ReiteratesBuy → BuyGet Alert
02/13/2024CIFRBuy Now
Cipher Mining
$4.4213.12%Needham
John Todaro
→ $5ReiteratesBuy → BuyGet Alert
01/25/2024CIFRBuy Now
Cipher Mining
$4.4213.12%Cantor Fitzgerald
Josh Siegler
$6 → $5MaintainsOverweightGet Alert
12/21/2023CIFRBuy Now
Cipher Mining
$4.4224.43%Canaccord Genuity
Joseph Vafi
→ $5.5ReiteratesBuy → BuyGet Alert
12/19/2023CIFRBuy Now
Cipher Mining
$4.4235.75%Cantor Fitzgerald
Josh Siegler
→ $6ReiteratesOverweight → OverweightGet Alert
12/04/2023CIFRBuy Now
Cipher Mining
$4.4235.75%Cantor Fitzgerald
Josh Siegler
→ $6ReiteratesOverweight → OverweightGet Alert
11/20/2023CIFRBuy Now
Cipher Mining
$4.4235.75%Cantor Fitzgerald
Josh Siegler
→ $6ReiteratesOverweight → OverweightGet Alert
11/09/2023CIFRBuy Now
Cipher Mining
$4.4224.43%Canaccord Genuity
Joseph Vafi
$4.5 → $5.5MaintainsBuyGet Alert
10/11/2023CIFRBuy Now
Cipher Mining
$4.42JP Morgan
Reginald Smith
Initiates → NeutralGet Alert
09/25/2023CIFRBuy Now
Cipher Mining
$4.4235.75%Cantor Fitzgerald
Josh Siegler
→ $6ReiteratesOverweight → OverweightGet Alert
09/15/2023CIFRBuy Now
Cipher Mining
$4.4235.75%BTIG
Gregory Lewis
→ $6Initiates → BuyGet Alert

FAQ

Q

What is the target price for Cipher Mining (CIFR)?

A

The latest price target for Cipher Mining (NASDAQ: CIFR) was reported by Needham on April 22, 2024. The analyst firm set a price target for $5.00 expecting CIFR to rise to within 12 months (a possible 13.12% upside). 27 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Cipher Mining (CIFR)?

A

The latest analyst rating for Cipher Mining (NASDAQ: CIFR) was provided by Needham, and Cipher Mining reiterated their buy rating.

Q

When was the last upgrade for Cipher Mining (CIFR)?

A

The last upgrade for Cipher Mining Inc happened on February 7, 2023 when HC Wainwright & Co. raised their price target to $3. HC Wainwright & Co. previously had a neutral for Cipher Mining Inc.

Q

When was the last downgrade for Cipher Mining (CIFR)?

A

There is no last downgrade for Cipher Mining.

Q

When is the next analyst rating going to be posted or updated for Cipher Mining (CIFR)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cipher Mining, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Cipher Mining was filed on April 22, 2024 so you should expect the next rating to be made available sometime around April 22, 2025.

Q

Is the Analyst Rating Cipher Mining (CIFR) correct?

A

While ratings are subjective and will change, the latest Cipher Mining (CIFR) rating was a reiterated with a price target of $0.00 to $5.00. The current price Cipher Mining (CIFR) is trading at is $4.42, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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