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Cipher Mining

CIFRNASDAQ
Logo brought to you by Benzinga Data
$6.78
0.599.53%
At close: -
$6.80
0.020.28%
After Hours: Nov 22, 7:52 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$9.00
Lowest Price Target1
$5.00
Consensus Price Target1
$7.42

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

Cipher Mining Inc has a consensus price target of $7.42 based on the ratings of 10 analysts. The high is $9 issued by BTIG on November 15, 2024. The low is $5 issued by Cantor Fitzgerald on April 1, 2024. The 3 most-recent analyst ratings were released by BTIG, Macquarie, and Canaccord Genuity on November 15, 2024, November 7, 2024, and November 1, 2024, respectively. With an average price target of $7.75 between BTIG, Macquarie, and Canaccord Genuity, there's an implied 13.98% upside for Cipher Mining Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
3
Jun
4
Aug
4
Sep
1
Oct
5
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.3
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

BTIG
Macquarie
Canaccord Genuity
Needham
HC Wainwright & Co.

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 BTIG on November 15, 2024. The analyst firm set a price target for $9.00 expecting CIFR to rise to within 12 months (a possible 32.37% 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 BTIG, and Cipher Mining maintained 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 November 15, 2024 so you should expect the next rating to be made available sometime around November 15, 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 maintained with a price target of $6.00 to $9.00. The current price Cipher Mining (CIFR) is trading at is $6.80, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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