Cipher Mining (NASDAQ:CIFR) Stock Price Down 6.3% – Should You Sell?

Posted by Brenda Bartman on Sep 9th, 2026

Cipher Mining Inc. (NASDAQ:CIFR – Get Free Report)’s share price was down 6.3% during trading on Wednesday . The stock traded as low as $17.59 and last traded at $17.3510. 8,705,673 shares changed hands during mid-day trading, a decline of 69% from the average session volume of 28,303,637 shares. The stock had previously closed at $18.51.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Keefe, Bruyette & Woods lowered their price objective on Cipher Mining from $32.00 to $28.00 and set an “outperform” rating on the stock in a research report on Thursday, August 6th. Jefferies Financial Group initiated coverage on Cipher Mining in a research report on Thursday, May 14th. They issued a “buy” rating and a $32.00 target price for the company. UBS Group set a $30.00 price target on shares of Cipher Mining in a research note on Monday, August 10th. Rosenblatt Securities restated a “buy” rating and issued a $30.00 price objective on shares of Cipher Mining in a research note on Friday, September 4th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Cipher Mining in a report on Wednesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $28.61.

View Our Latest Analysis on CIFR

Cipher Mining Trading Down 8.1%

The firm has a market cap of $7.06 billion, a P/E ratio of -5.96 and a beta of 3.15. The company has a current ratio of 3.00, a quick ratio of 3.00 and a debt-to-equity ratio of 9.69. The company’s fifty day moving average price is $19.07 and its two-hundred day moving average price is $19.15.

Cipher Mining (NASDAQ:CIFR – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The company reported ($0.65) EPS for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.40). The firm had revenue of $24.84 million during the quarter, compared to analyst estimates of $31.86 million. Cipher Mining had a negative net margin of 585.75% and a negative return on equity of 156.28%. During the same quarter last year, the firm earned ($0.12) earnings per share. As a group, sell-side analysts predict that Cipher Mining Inc. will post -1.36 EPS for the current fiscal year.

Insider Activity

In other news, CEO Tyler Page sold 112,500 shares of the firm’s stock in a transaction on Wednesday, July 8th. The stock was sold at an average price of $21.19, for a total value of $2,383,875.00. Following the completion of the sale, the chief executive officer directly owned 9,084,225 shares in the company, valued at approximately $192,494,727.75. This trade represents a 1.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Cary Grossman sold 15,000 shares of the company’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $29.43, for a total transaction of $441,450.00. Following the transaction, the director owned 143,829 shares in the company, valued at approximately $4,232,887.47. This trade represents a 9.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 131,258 shares of company stock worth $2,925,288. 3.09% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Cipher Mining

Several hedge funds and other institutional investors have recently made changes to their positions in CIFR. Los Angeles Capital Management LLC acquired a new position in shares of Cipher Mining during the fourth quarter valued at $25,000. Arax Advisory Partners increased its position in Cipher Mining by 274.2% in the fourth quarter. Arax Advisory Partners now owns 1,826 shares of the company’s stock worth $27,000 after purchasing an additional 1,338 shares during the period. Meeder Asset Management Inc. acquired a new stake in Cipher Mining in the fourth quarter worth about $28,000. CWM LLC raised its holdings in Cipher Mining by 43.3% during the 4th quarter. CWM LLC now owns 2,661 shares of the company’s stock worth $39,000 after purchasing an additional 804 shares during the last quarter. Finally, CoreCap Advisors LLC lifted its position in Cipher Mining by 41.7% during the 2nd quarter. CoreCap Advisors LLC now owns 1,700 shares of the company’s stock valued at $42,000 after purchasing an additional 500 shares during the period. 12.26% of the stock is owned by institutional investors and hedge funds.

Cipher Mining Company Profile

(Get Free Report)

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.