Cipher Mining (NASDAQ:CIFR) Shares Down 5.3% – Should You Sell?

Posted by Brenda Bartman on Aug 23rd, 2026

Cipher Mining Inc. (NASDAQ:CIFR – Get Free Report)’s stock price traded down 5.3% during mid-day trading on Friday . The company traded as low as $16.16 and last traded at $16.29. 15,578,853 shares changed hands during mid-day trading, a decline of 45% from the average session volume of 28,145,189 shares. The stock had previously closed at $17.21.

Wall Street Analyst Weigh In

A number of research firms have commented on CIFR. Needham & Company LLC increased their price objective on shares of Cipher Mining from $22.00 to $25.00 and gave the company a “buy” rating in a research note on Friday, May 15th. JPMorgan Chase & Co. cut their target price on shares of Cipher Mining from $23.00 to $22.00 and set an “overweight” rating on the stock in a research note on Friday, August 7th. Sanford C. Bernstein assumed coverage on shares of Cipher Mining in a research report on Wednesday, June 3rd. They set an “outperform” rating and a $32.00 price target on the stock. Chardan Capital reaffirmed a “buy” rating and set a $32.00 price target on shares of Cipher Mining in a research report on Tuesday, August 4th. Finally, UBS Group set a $30.00 price objective on Cipher Mining in a report on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $28.61.

Check Out Our Latest Stock Analysis on Cipher Mining

Cipher Mining Trading Down 8.4%

The company has a debt-to-equity ratio of 9.69, a current ratio of 3.00 and a quick ratio of 3.00. The business’s fifty day simple moving average is $21.54 and its 200 day simple moving average is $19.07. The stock has a market cap of $6.55 billion, a price-to-earnings ratio of -5.51 and a beta of 3.20.

Cipher Mining (NASDAQ:CIFR – Get Free Report) last issued its earnings results on Tuesday, August 4th. The company reported ($0.65) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.40). Cipher Mining had a negative return on equity of 156.28% and a negative net margin of 585.75%.The business had revenue of $24.84 million for the quarter, compared to analyst estimates of $31.86 million. During the same period last year, the company posted ($0.12) earnings per share. On average, research analysts predict that Cipher Mining Inc. will post -1.37 EPS for the current year.

Insider Buying and Selling at Cipher Mining

In other news, CEO Tyler Page sold 112,500 shares of the company’s stock in a transaction dated Wednesday, July 8th. The shares were sold at an average price of $21.19, for a total transaction of $2,383,875.00. Following the completion of the transaction, the chief executive officer owned 9,084,225 shares in the company, valued at approximately $192,494,727.75. This represents a 1.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James E. Newsome sold 3,758 shares of the company’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $26.60, for a total transaction of $99,962.80. Following the completion of the transaction, the director owned 128,530 shares of the company’s stock, valued at approximately $3,418,898. This trade represents a 2.84% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 3,131,258 shares of company stock worth $81,429,288. Insiders own 3.09% of the company’s stock.

Hedge Funds Weigh In On Cipher Mining

Several hedge funds and other institutional investors have recently made changes to their positions in CIFR. CoreCap Advisors LLC increased its position in Cipher Mining by 41.7% in the 2nd quarter. CoreCap Advisors LLC now owns 1,700 shares of the company’s stock valued at $42,000 after acquiring an additional 500 shares during the period. Los Angeles Capital Management LLC acquired a new position in Cipher Mining during the 4th quarter worth $25,000. Arax Advisory Partners grew its stake in shares of 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 in the last quarter. Meeder Asset Management Inc. bought a new position in shares of Cipher Mining in the fourth quarter worth $28,000. Finally, Ancora Advisors LLC acquired a new position in shares of Cipher Mining during the second quarter valued at $49,000. 12.26% of the stock is currently 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.