Research Analysts’ Recent Ratings Changes for Cipher Mining (CIFR)

Several brokerages have updated their recommendations and price targets on shares of Cipher Mining (NASDAQ: CIFR) in the last few weeks:

• 6/4/2026 – Cipher Mining had its price target lowered by Morgan Stanley from $53.50 to $48.50. They now have an “overweight” rating on the stock.
• 6/3/2026 – Cipher Mining is now covered by Sanford C. Bernstein. They set an “outperform” rating and a $32.00 price target on the stock.
• 6/3/2026 – Cipher Mining was given a new $53.50 price target by Morgan Stanley.
• 6/3/2026 – Cipher Mining was upgraded by Sanford C. Bernstein to “strong-buy”.
• 5/19/2026 – Cipher Mining had its price target raised by Morgan Stanley to $42.50. They now have an “overweight” rating on the stock.
• 5/15/2026 – Cipher Mining had its price target raised by Needham & Company LLC from $22.00 to $25.00. They now have a “buy” rating on the stock.
• 5/14/2026 – Cipher Mining is now covered by Jefferies Financial Group Inc.. They set a “buy” rating and a $32.00 price target on the stock.
• 5/14/2026 – Cipher Mining is now covered by Jefferies Financial Group Inc.. They set a “buy” rating and a $32.00 price target on the stock.
• 5/7/2026 – Cipher Mining had its price target raised by Keefe, Bruyette & Woods from $23.00 to $27.00. They now have an “outperform” rating on the stock.
• 5/6/2026 – Cipher Mining had its price target raised by Rosenblatt Securities from $24.00 to $30.00. They now have a “buy” rating on the stock.
• 5/6/2026 – Cipher Mining had its “buy” rating reaffirmed by BTIG Research. They now have a $25.00 price target on the stock.
• 5/6/2026 – Cipher Mining had its price target raised by HC Wainwright from $25.00 to $30.00. They now have a “buy” rating on the stock.
• 4/27/2026 – Cipher Mining had its “overweight” rating reaffirmed by Morgan Stanley. They now have a $40.50 price target on the stock.
• 4/9/2026 – Cipher Mining had its price target lowered by Cantor Fitzgerald from $24.00 to $22.00. They now have an “overweight” rating on the stock.

Insider Buying and Selling at Cipher Mining

In related news, Director Cary M. Grossman sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $21.82, for a total transaction of $436,400.00. Following the completion of the sale, the director directly owned 150,530 shares in the company, valued at approximately $3,284,564.60. This trade represents a 11.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Wesley Hastie Williams sold 14,567 shares of the firm’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $21.41, for a total value of $311,879.47. Following the sale, the director directly owned 115,409 shares of the company’s stock, valued at $2,470,906.69. This trade represents a 11.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 2,013,804 shares of company stock valued at $51,793,735 in the last 90 days. Corporate insiders own 2.63% of the company’s stock.

Cipher Mining Inc is a Nasdaq-listed bitcoin mining company that develops, owns and operates large-scale mining facilities across the United States. The company focuses on deploying advanced ASIC hardware and securing long-term low-cost power contracts to optimize bitcoin production. By strategically locating its sites in regions with abundant energy supply, Cipher Mining seeks to maintain a competitive cost structure and deliver efficient hashrate capacity growth.

Founded in 2021 and headquartered in Austin, Texas, Cipher Mining has pursued an integrated approach encompassing site development, equipment procurement and operations management.