Cipher Mining (NASDAQ:CIFR) Price Target Raised to $30.00 at Rosenblatt Securities

Key Points

• Rosenblatt Securities raised its price target on Cipher Mining to $30 (from $24) and kept a "buy" rating, implying roughly a 37% upside
• Cipher's Q1 results slightly missed estimates — EPS loss $0.28 vs. consensus -$0.27 and revenue $34.84M vs. ~$36.1M — with revenue down 28.8% year‑over‑year and a deeply negative net margin, signalling near‑term top‑line pressure and wide losses.
• The stock traded at $21.91 on the latest session with heavy volume (43.2M vs. avg. 28.3M), the company has a market cap of $8.89B, and insiders sold ~148,229 shares (~$2.28M) over the past 90 days, indicating insider liquidity activity.

Cipher Mining (NASDAQ:CIFR - Get Free Report) had its price target hoisted by analysts at Rosenblatt Securities from $24.00 to $30.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage presently has a "buy" rating on the stock. Rosenblatt Securities' target price would indicate a potential upside of 36.92% from the stock's current price.

CIFR has been the topic of several other reports. BTIG Research reaffirmed a "buy" rating and issued a $25.00 target price on shares of Cipher Mining in a report on Wednesday. Cantor Fitzgerald reduced their target price on Cipher Mining from $24.00 to $22.00 and set an "overweight" rating on the stock in a report on Thursday, April 9th. Morgan Stanley reaffirmed an "overweight" rating and issued a $40.50 target price on shares of Cipher Mining in a report on Monday, April 27th. Needham & Company LLC reaffirmed a "buy" rating and issued a $22.00 target price on shares of Cipher Mining in a report on Wednesday, March 25th. Finally, Zacks Research raised Cipher Mining from a "strong sell" rating to a "hold" rating in a report on Wednesday, March 25th. Fourteen equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $25.79.

Cipher Mining Price Performance

NASDAQ:CIFR traded down $0.19 on Wednesday, reaching $21.91. 43,227,880 shares of the company's stock traded hands, compared to its average volume of 28,306,029. The company has a quick ratio of 3.79, a current ratio of 3.79 and a debt-to-equity ratio of 3.37. The stock has a 50-day simple moving average of $15.92 and a 200-day simple moving average of $16.82. The firm has a market cap of $8.89 billion, a PE ratio of -10.14 and a beta of 3.13. Cipher Mining has a 12 month low of $2.95 and a 12 month high of $25.52.

Cipher Mining (NASDAQ:CIFR - Get Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The company reported ($0.28) EPS for the quarter, missing analysts' consensus estimates of ($0.27) by ($0.01). The business had revenue of $34.84 million for the quarter, compared to the consensus estimate of $36.12 million. Cipher Mining had a negative net margin of 367.17% and a negative return on equity of 107.05%. Cipher Mining's revenue was down 28.8% compared to the same quarter last year. Equities research analysts forecast that Cipher Mining will post -0.9 earnings per share for the current year.

Insider Transactions at Cipher Mining

In other Cipher Mining news, Director Cary M. Grossman sold 30,000 shares of the business's stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $14.54, for a total transaction of $436,200.00. Following the sale, the director directly owned 170,530 shares of the company's stock, valued at $2,479,506.20. The trade was a 14.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Tyler Page sold 37,500 shares of the business's stock in a transaction that occurred on Wednesday, March 25th. The stock was sold at an average price of $16.11, for a total value of $604,125.00. Following the sale, the chief executive officer directly owned 8,263,862 shares in the company, valued at $133,130,816.82. The trade was a 0.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 148,229 shares of company stock valued at $2,283,968. 2.63% of the stock is owned by company insiders.

Institutional Trading of Cipher Mining

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Sherman Asset Management Inc. purchased a new position in Cipher Mining during the third quarter worth $25,000. Los Angeles Capital Management LLC bought a new stake in shares of Cipher Mining in the 4th quarter worth about $25,000. Arax Advisory Partners lifted its holdings in shares of Cipher Mining by 274.2% in the 4th quarter. Arax Advisory Partners now owns 1,826 shares of the company's stock worth $27,000 after acquiring an additional 1,338 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of Cipher Mining by 218.3% during the 4th quarter. GAMMA Investing LLC now owns 1,875 shares of the company's stock worth $28,000 after purchasing an additional 1,286 shares during the period. Finally, Meeder Asset Management Inc. bought a new position in Cipher Mining during the 4th quarter valued at about $28,000. Hedge funds and other institutional investors own 12.26% of the company's stock.

More Cipher Mining News

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

• Positive Sentiment: Cipher announced a third AI data‑center campus lease with an investment‑grade hyperscale tenant, reports its Barber Lake and Black Pearl development timelines are on track, and secured a $200 million revolving credit facility to support buildouts — tangible execution steps that support long‑term revenue diversification. Cipher Digital Provides First Quarter 2026 Business Update
• Positive Sentiment: Analyst support increased: HC Wainwright raised its price target to $30 (buy), and BTIG reaffirmed a buy with a $25 target — both imply meaningful upside versus the recent price and can provide near‑term buying interest. HC Wainwright price target raise / analyst coverage
• Positive Sentiment: Cipher is catching the same AI/data‑center bid that lifted peers (e.g., Hut 8); sector momentum around high‑performance computing leases is supporting Cipher’s multiple expansion narrative. Hut 8, Cipher Digital Stocks Boom As AI Data Center Deals Fuel Rally
• Neutral Sentiment: The earnings call/transcript highlighted a strategic pivot toward hyperscale hosting; management framed 2026 as a year of execution — useful for modeling but outcomes depend on lease monetization and buildout timing. Cipher Mining Earnings Call Signals Hyperscale Pivot
• Neutral Sentiment: The full Q1 2026 earnings transcript is available for investors who want the detailed color on operations, capex plans and lease economics. Cipher Mining (CIFR) Q1 2026 Earnings Transcript
• Negative Sentiment: Q1 results missed slightly on EPS (loss of $0.28 vs. consensus -$0.27) and revenue of $34.84M missed estimates (~$36.1M) and fell ~28.8% year‑over‑year — near‑term top‑line pressure and wider losses are weighing on sentiment. Cipher Mining Q1 results / press release
• Negative Sentiment: Analyst writeups flagged a wider Q1 loss and declining revenues, underscoring execution risk and the possibility that margin recovery will take time as the business transitions. Cipher Digital Q1 Loss Wider Than Expected, Revenues Decline Y/Y

About Cipher Mining

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.

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