Cipher Mining Sees Unusually High Options Volume (NASDAQ:CIFR)

Posted by Brenda Bartman on Nov 3rd, 2026

Cipher Mining Inc. (NASDAQ:CIFR – Get Free Report) was the recipient of unusually large options trading activity on Tuesday. Traders acquired 205,000 call options on the stock. This represents an increase of 47% compared to the typical daily volume of 139,648 call options.

Institutional Trading of Cipher Mining

Hedge funds and other institutional investors have recently modified their holdings of the stock. Janus Henderson Group PLC boosted its position in shares of Cipher Mining by 1.9% during 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 in the last quarter. Wellington Management Group LLP raised its holdings in shares of Cipher Mining by 567.1% during the second quarter. Wellington Management Group LLP now owns 3,985,806 shares of the company’s stock worth $97,652,000 after acquiring an additional 3,388,359 shares during the period. Jennison Associates LLC lifted its position in Cipher Mining by 48.7% in the 1st quarter. Jennison Associates LLC now owns 2,519,281 shares of the company’s stock valued at $32,423,000 after acquiring an additional 824,618 shares in the last quarter. Renaissance Technologies LLC acquired a new position in Cipher Mining in the 1st quarter worth $24,486,000. Finally, Moore Capital Management LP acquired a new position in Cipher Mining in the 2nd quarter worth $35,077,000. Institutional investors and hedge funds own 12.26% of the company’s stock.

Cipher Mining Price Performance

Shares of CIFR traded up $1.26 during mid-day trading on Tuesday, reaching $8.12. The company had a trading volume of 66,769,160 shares, compared to its average volume of 31,390,592. 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 company’s 50-day moving average is $13.99 and its 200-day moving average is $17.70. Cipher Mining has a twelve month low of $6.62 and a twelve month high of $30.14. The company has a market capitalization of $3.37 billion, a P/E ratio of -2.84 and a beta of 3.20.

Cipher Mining (NASDAQ:CIFR – Get Free Report) last issued its earnings results on Monday, November 2nd. The company reported ($0.22) EPS for the quarter, beating the consensus estimate of ($0.25) by $0.03. The company had revenue of $26.70 million for the quarter, compared to the consensus estimate of $39.31 million. Cipher Mining had a negative net margin of 585.75% and a negative return on equity of 156.28%. The firm’s revenue for the quarter was down 62.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.10 EPS. On average, equities analysts anticipate that Cipher Mining will post -1.36 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. HC Wainwright reiterated a “buy” rating on shares of Cipher Mining in a report on Monday. Chardan Capital reissued a “buy” rating and set a $32.00 price objective on shares of Cipher Mining in a report on Tuesday, August 4th. Wells Fargo & Company dropped their target price on shares of Cipher Mining from $25.00 to $15.00 and set an “overweight” rating on the stock in a report on Tuesday. Citigroup reissued a “market outperform” rating on shares of Cipher Mining in a research report on Monday, August 10th. Finally, Rosenblatt Securities lowered their price objective on shares of Cipher Mining from $30.00 to $19.00 and set a “buy” rating on the stock in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Cipher Mining has an average rating of “Moderate Buy” and a consensus price target of $26.06.

Check Out Our Latest Stock Analysis on CIFR

More Cipher Mining News

Here are the key news stories impacting Cipher Mining this week:

Positive Sentiment: Cipher says it has $16.6 billion in contracted revenues, improving Barber Lake lease economics and a 5.9-gigawatt development pipeline—potential long-term support as it expands its high-performance computing business. Article: CIFR Q3 Earnings Call Highlights Growth Plans and Cost Pressures
Positive Sentiment: The stock is also benefiting from a broader rebound in AI-data-center companies, including former Bitcoin miners repositioning as AI hosts. Article: Cipher Digital Soars as AI Data Center Stocks Rebound
Neutral Sentiment: JPMorgan, Needham, Rosenblatt and Cantor Fitzgerald cut their price targets, but kept bullish “overweight” or “buy” ratings, signaling that they still see substantial potential despite lowering expectations. JPMorgan analyst recommendations
Negative Sentiment: Third-quarter revenue was $26.7 million, well below the $39.31 million consensus and down 62.8% year over year. Bitcoin-mining revenue fell sharply, while early HPC rent remains limited; substantial borrowing and quarterly interest expense add pressure before data halls reach full utilization. Article: Cipher Digital Profit Is a Warrant Gain
Negative Sentiment: Although CIFR’s quarterly loss per share was narrower than analysts expected, the revenue miss and a wave of target cuts—including JPMorgan’s reduction from $22 to $18—highlight lowered near-term expectations. Article: Cipher Digital Reports Q3 Loss, Lags Revenue Estimates

About Cipher Mining

(Get Free Report)

Cipher Mining Inc (NASDAQ: CIFR) is a bitcoin mining company that develops and operates large-scale data center infrastructure in the United States. The company uses specialized application-specific integrated circuit (ASIC) computers to validate transactions on the Bitcoin network and earn bitcoin rewards.

Cipher focuses on securing access to cost-effective power, building and managing mining facilities, and deploying high-performance computing equipment. Its operations are supported by power infrastructure, cooling systems, networking equipment and other data center technologies required for energy-intensive digital asset mining.

The company was formed through the combination of Cipher Mining Technologies Inc and Good Works Acquisition Corp.