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.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
04/22/2024 | CIFR | Buy Now | Cipher Mining | $4.42 | 13.12% | Needham | John Todaro | → $5 | Reiterates | Buy → Buy | Get Alert |
04/01/2024 | CIFR | Buy Now | Cipher Mining | $4.42 | 13.12% | Cantor Fitzgerald | Josh Siegler | → $5 | Reiterates | Overweight → Overweight | Get Alert |
03/28/2024 | CIFR | Buy Now | Cipher Mining | $4.42 | 24.43% | Canaccord Genuity | Joseph Vafi | → $5.5 | Reiterates | Buy → Buy | Get Alert |
03/28/2024 | CIFR | Buy Now | Cipher Mining | $4.42 | 13.12% | Cantor Fitzgerald | Josh Siegler | → $5 | Reiterates | Overweight → Overweight | Get Alert |
03/18/2024 | CIFR | Buy Now | Cipher Mining | $4.42 | 13.12% | Needham | John Todaro | → $5 | Reiterates | Buy → Buy | Get Alert |
03/06/2024 | CIFR | Buy Now | Cipher Mining | $4.42 | 13.12% | Cantor Fitzgerald | Josh Siegler | → $5 | Reiterates | Overweight → Overweight | Get Alert |
03/06/2024 | CIFR | Buy Now | Cipher Mining | $4.42 | 24.43% | Canaccord Genuity | Joseph Vafi | → $5.5 | Reiterates | Buy → Buy | Get Alert |
03/06/2024 | CIFR | Buy Now | Cipher Mining | $4.42 | 13.12% | Needham | John Todaro | → $5 | Reiterates | Buy → Buy | Get Alert |
03/05/2024 | CIFR | Buy Now | Cipher Mining | $4.42 | 1.81% | HC Wainwright & Co. | Mike Colonnese | → $4.5 | Reiterates | Buy → Buy | Get Alert |
02/13/2024 | CIFR | Buy Now | Cipher Mining | $4.42 | 13.12% | Needham | John Todaro | → $5 | Reiterates | Buy → Buy | Get Alert |
01/25/2024 | CIFR | Buy Now | Cipher Mining | $4.42 | 13.12% | Cantor Fitzgerald | Josh Siegler | $6 → $5 | Maintains | Overweight | Get Alert |
12/21/2023 | CIFR | Buy Now | Cipher Mining | $4.42 | 24.43% | Canaccord Genuity | Joseph Vafi | → $5.5 | Reiterates | Buy → Buy | Get Alert |
12/19/2023 | CIFR | Buy Now | Cipher Mining | $4.42 | 35.75% | Cantor Fitzgerald | Josh Siegler | → $6 | Reiterates | Overweight → Overweight | Get Alert |
12/04/2023 | CIFR | Buy Now | Cipher Mining | $4.42 | 35.75% | Cantor Fitzgerald | Josh Siegler | → $6 | Reiterates | Overweight → Overweight | Get Alert |
11/20/2023 | CIFR | Buy Now | Cipher Mining | $4.42 | 35.75% | Cantor Fitzgerald | Josh Siegler | → $6 | Reiterates | Overweight → Overweight | Get Alert |
11/09/2023 | CIFR | Buy Now | Cipher Mining | $4.42 | 24.43% | Canaccord Genuity | Joseph Vafi | $4.5 → $5.5 | Maintains | Buy | Get Alert |
10/11/2023 | CIFR | Buy Now | Cipher Mining | $4.42 | — | JP Morgan | Reginald Smith | — | Initiates | → Neutral | Get Alert |
09/25/2023 | CIFR | Buy Now | Cipher Mining | $4.42 | 35.75% | Cantor Fitzgerald | Josh Siegler | → $6 | Reiterates | Overweight → Overweight | Get Alert |
09/15/2023 | CIFR | Buy Now | Cipher Mining | $4.42 | 35.75% | BTIG | Gregory Lewis | → $6 | Initiates | → Buy | Get Alert |
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.
The latest analyst rating for Cipher Mining (NASDAQ: CIFR) was provided by Needham, and Cipher Mining reiterated their buy rating.
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.
There is no last downgrade for Cipher Mining.
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.
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.
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