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Cipher Mining

CIFRNASDAQ
Logo brought to you by Benzinga Data
$5.90
0.376.69%
At close: -
$5.93
0.030.51%
After Hours: Jan 24, 7:56 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$11.00
Lowest Price Target1
$5.00
Consensus Price Target1
$7.92

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

Cipher Mining Inc has a consensus price target of $7.92 based on the ratings of 10 analysts. The high is $11 issued by Cantor Fitzgerald on January 7, 2025. The low is $5 issued by Cantor Fitzgerald on April 1, 2024. The 3 most-recent analyst ratings were released by Needham, Cantor Fitzgerald, and JP Morgan on January 21, 2025, January 7, 2025, and December 10, 2024, respectively. With an average price target of $8.83 between Needham, Cantor Fitzgerald, and JP Morgan, there's an implied 48.96% upside for Cipher Mining Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Oct 24
5
Nov 24
2
Dec 24
2
Jan
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.3
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Needham
Cantor Fitzgerald
JP Morgan
Northland Capital Markets
BTIG

1calculated from analyst ratings

Analyst Ratings for Cipher Mining

Data brought to you by Benzinga APIs

FAQ

Q

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

A

The latest price target for Cipher Mining (NASDAQ:CIFR) was reported by Needham on January 21, 2025. The analyst firm set a price target for $7.50 expecting CIFR to rise to within 12 months (a possible 26.48% upside). 35 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 December 10, 2024 when JP Morgan raised their price target to $8. JP Morgan 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 January 21, 2025 so you should expect the next rating to be made available sometime around January 21, 2026.

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 $7.50 to $7.50. The current price Cipher Mining (CIFR) is trading at is $5.93, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.