Cipher Mining (NASDAQ:CIFR) Stock Gets Price Target Reduction from Cantor Fitzgerald

Cipher Mining (NASDAQ:CIFR) had its price objective lowered by Cantor Fitzgerald from $19.00 to $15.00 in a research report sent to investors on Tuesday,Benzinga reports. The brokerage currently has an overweight rating on the stock.

Several other equities research analysts also recently issued reports on the stock. Morgan Stanley cut their target price on shares of Cipher Mining from $54.00 to $51.50 and set an “overweight” rating for the company in a research note on Monday, October 12th. Keefe, Bruyette & Woods reduced their price target on Cipher Mining from $32.00 to $28.00 and set an “outperform” rating for the company in a report on Thursday, August 6th. Freedom Capital raised Cipher Mining to a “hold” rating in a research report on Friday, September 18th. Citigroup restated a “market outperform” rating on shares of Cipher Mining in a research note on Monday, August 10th. Finally, UBS Group reaffirmed an “overweight” rating and issued a $18.00 price objective on shares of Cipher Mining in a research report on Tuesday. Fifteen investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Cipher Mining currently has a consensus rating of “Moderate Buy” and an average target price of $24.25.

Cipher Mining Stock Down 14.6%

Shares of NASDAQ CIFR opened at $5.55 on Tuesday. The company has a fifty day moving average price of $13.44 and a 200 day moving average price of $17.53. The company has a quick ratio of 3.00, a current ratio of 1.69 and a debt-to-equity ratio of 9.10. Cipher Mining has a 1-year low of $5.07 and a 1-year high of $30.14.

Cipher Mining (NASDAQ:CIFR) last issued its quarterly earnings results on Monday, November 2nd. The company reported ($0.22) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.25) by $0.03. The firm had revenue of $26.70 million for the quarter, compared to analyst estimates of $39.31 million. Cipher Mining had a negative net margin of 742.33% and a negative return on equity of 161.74%. The company’s revenue was down 62.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.10 EPS. As a group, equities analysts expect that Cipher Mining will post -1.36 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in CIFR. GK Wealth Management LLC purchased a new stake in Cipher Mining during the third quarter worth about $25,000. CoreCap Advisors LLC lifted its position in shares of Cipher Mining by 41.7% during the second quarter. CoreCap Advisors LLC now owns 1,700 shares of the company’s stock worth $42,000 after acquiring an additional 500 shares in the last quarter. Ancora Advisors LLC bought a new position in Cipher Mining in the 2nd quarter worth about $49,000. Harbor Investment Advisory LLC purchased a new position in Cipher Mining during the 2nd quarter valued at about $58,000. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in Cipher Mining during the 3rd quarter worth approximately $42,000. 12.26% of the stock is currently owned by institutional investors and hedge funds.

More Cipher Mining News

Here are the key news stories impacting Cipher Mining this week:

• Positive Sentiment: Cipher reported its first high-performance computing (HPC) lease revenue, while an expansion at Barber Lake lifted total contracted revenue to $9.1 billion. Its Colchis site also received a 1-gigawatt conditional baseload classification—potential support for its AI-infrastructure growth plans. Cipher Digital books first HPC lease revenue as Bitcoin mining fades Cipher Digital: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: Recent earnings were mixed: EPS beat analysts’ expectations, but revenue missed estimates and fell sharply year over year. This limits the reassurance investors may take from the earnings beat. Cipher Mining Shares Climb 10.2% Following Strong Earnings
• Negative Sentiment: Political uncertainty is weighing on AI data-center developers. Reports link CIFR’s decline to election results and concerns that Texas policy or regulation could delay construction and hinder infrastructure growth. Cipher Digital Stock Falls After Texas Governor Upset Cipher Stock Plummets After Democrats’ Midterm Wins
• Negative Sentiment: AI-infrastructure financing concerns remain a headwind. Coverage cites Cipher’s $850 million convertible-debt offering as a factor behind its steep October selloff, while a broader retreat in former crypto miners reflects investor doubts about the cost of building AI facilities. Why Cipher Digital Stock Lost 53.9% in October
• Negative Sentiment: Several analysts have lowered targets, and Keefe, Bruyette & Woods cut its rating from Outperform to Market Perform. Bernstein also reduced its target, although it maintained an Outperform rating. Such revisions add to cautious sentiment. Cipher Mining Rating Cut to Market Perform Bernstein Lowers Cipher Mining Price Target

About Cipher Mining

Cipher Mining Inc (NASDAQ: CIFR) is a bitcoin mining company that develops and operates large-scale data center infrastructure in the United States. The company uses specialized application-specific integrated circuit (ASIC) computers to validate transactions on the Bitcoin network and earn bitcoin rewards.

Cipher focuses on securing access to cost-effective power, building and managing mining facilities, and deploying high-performance computing equipment. Its operations are supported by power infrastructure, cooling systems, networking equipment and other data center technologies required for energy-intensive digital asset mining.

The company was formed through the combination of Cipher Mining Technologies Inc and Good Works Acquisition Corp.