Cipher Mining Inc. (NASDAQ:CIFR) Receives $27.69 Consensus PT from Analysts

Posted by Geri Gentry on Jun 18th, 2026

Shares of Cipher Mining Inc. (NASDAQ:CIFR – Get Free Report) have been given a consensus rating of “Moderate Buy” by the nineteen analysts that are currently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $27.6875.

Several equities research analysts recently issued reports on the stock. Wall Street Zen lowered shares of Cipher Mining from a “hold” rating to a “strong sell” rating in a research note on Sunday, March 1st. HC Wainwright upped their price target on shares of Cipher Mining from $25.00 to $30.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Sanford C. Bernstein began coverage on Cipher Mining in a research report on Wednesday, June 3rd. They issued an “outperform” rating and a $32.00 price target on the stock. Zacks Research raised Cipher Mining from a “strong sell” rating to a “hold” rating in a research report on Wednesday, March 25th. Finally, Jefferies Financial Group began coverage on Cipher Mining in a research note on Thursday, May 14th. They set a “buy” rating and a $32.00 target price for the company.

Read Our Latest Research Report on Cipher Mining

Insider Transactions at Cipher Mining

In other Cipher Mining news, COO Patrick Arthur Kelly sold 48,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $19.36, for a total value of $929,280.00. Following the sale, the chief operating officer owned 1,451,856 shares of the company’s stock, valued at $28,107,932.16. This trade represents a 3.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, 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 value of $436,400.00. Following the completion of the sale, the director directly owned 150,530 shares in the company, valued at $3,284,564.60. This trade represents a 11.73% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 3,178,236 shares of company stock worth $81,848,926. Insiders own 2.63% of the company’s stock.

Institutional Trading of Cipher Mining

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Rathbones Group PLC increased its stake in Cipher Mining by 7.0% in the first quarter. Rathbones Group PLC now owns 11,495 shares of the company’s stock valued at $148,000 after acquiring an additional 750 shares during the period. Bank of America Corp DE boosted its stake in Cipher Mining by 237.7% in the first quarter. Bank of America Corp DE now owns 1,414,667 shares of the company’s stock valued at $18,207,000 after acquiring an additional 995,735 shares during the last quarter. Janus Henderson Group PLC raised its holdings in Cipher Mining by 1.9% in the first quarter. Janus Henderson Group PLC now owns 4,373,982 shares of the company’s stock worth $56,292,000 after purchasing an additional 81,192 shares during the period. Amundi acquired a new stake in shares of Cipher Mining during the first quarter worth $198,000. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of Cipher Mining by 259.4% during the first quarter. EverSource Wealth Advisors LLC now owns 3,357 shares of the company’s stock worth $43,000 after acquiring an additional 2,423 shares during the period. Institutional investors own 12.26% of the company’s stock.

Cipher Mining Stock Up 0.5%

CIFR stock opened at $26.35 on Thursday. The company has a current ratio of 3.13, a quick ratio of 3.13 and a debt-to-equity ratio of 6.13. Cipher Mining has a 1 year low of $3.29 and a 1 year high of $28.62. The company has a fifty day simple moving average of $20.89 and a 200 day simple moving average of $17.75. The firm has a market cap of $10.78 billion, a PE ratio of -11.31 and a beta of 3.18.

Cipher Mining (NASDAQ:CIFR – Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.27) by ($0.01). Cipher Mining had a negative net margin of 427.79% and a negative return on equity of 117.65%. The business had revenue of $34.84 million during the quarter, compared to analyst estimates of $36.12 million. The firm’s revenue was down 28.8% on a year-over-year basis. Sell-side analysts anticipate that Cipher Mining will post -0.8 EPS for the current fiscal year.

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.