HC Wainwright Cuts Earnings Estimates for Cipher Mining

Cipher Mining Inc. (NASDAQ:CIFR - Free Report) - Analysts at HC Wainwright reduced their Q2 2025 EPS estimates for shares of Cipher Mining in a research report issued to clients and investors on Tuesday, May 6th. HC Wainwright analyst M. Colonnese now forecasts that the company will post earnings of ($0.13) per share for the quarter, down from their previous forecast of ($0.09). HC Wainwright currently has a "Buy" rating on the stock. The consensus estimate for Cipher Mining's current full-year earnings is ($0.31) per share. HC Wainwright also issued estimates for Cipher Mining's Q3 2025 earnings at ($0.09) EPS, Q4 2025 earnings at ($0.02) EPS and FY2025 earnings at ($0.33) EPS.

CIFR has been the topic of several other reports. Needham & Company LLC cut their price target on shares of Cipher Mining from $7.50 to $7.00 and set a "buy" rating on the stock in a report on Wednesday, February 26th. JPMorgan Chase & Co. lowered shares of Cipher Mining from an "overweight" rating to a "neutral" rating in a research note on Thursday, March 13th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $5.50 target price on shares of Cipher Mining in a research report on Wednesday, May 7th. Cantor Fitzgerald cut their price target on shares of Cipher Mining from $11.00 to $10.00 and set an "overweight" rating on the stock in a report on Tuesday, February 4th. Finally, Canaccord Genuity Group reissued a "buy" rating and set a $8.00 target price on shares of Cipher Mining in a research report on Thursday, May 8th. One investment analyst has rated the stock with a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Cipher Mining has an average rating of "Buy" and an average target price of $8.03.

Cipher Mining Trading Down 3.5%

CIFR stock traded down $0.12 during trading on Friday, reaching $3.31. 14,644,276 shares of the stock traded hands, compared to its average volume of 13,570,838. Cipher Mining has a 52-week low of $1.86 and a 52-week high of $7.99. The business's 50 day moving average price is $2.78 and its 200-day moving average price is $4.67. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.57 and a quick ratio of 2.57. The firm has a market capitalization of $1.23 billion, a PE ratio of -25.46 and a beta of 2.61.

Cipher Mining (NASDAQ:CIFR - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The company reported ($0.11) EPS for the quarter, meeting the consensus estimate of ($0.11). Cipher Mining had a negative return on equity of 8.29% and a negative net margin of 33.39%. The company had revenue of $48.96 million during the quarter, compared to analysts' expectations of $53.57 million.

Institutional Trading of Cipher Mining

Hedge funds have recently bought and sold shares of the stock. Nisa Investment Advisors LLC increased its stake in Cipher Mining by 912.9% during the fourth quarter. Nisa Investment Advisors LLC now owns 6,027 shares of the company's stock valued at $28,000 after acquiring an additional 5,432 shares during the period. NewEdge Advisors LLC acquired a new position in shares of Cipher Mining in the fourth quarter valued at $29,000. Stoneridge Investment Partners LLC bought a new position in Cipher Mining in the first quarter worth $29,000. FNY Investment Advisers LLC boosted its stake in Cipher Mining by 42.9% during the first quarter. FNY Investment Advisers LLC now owns 16,000 shares of the company's stock worth $36,000 after buying an additional 4,800 shares in the last quarter. Finally, Valeo Financial Advisors LLC bought a new position in shares of Cipher Mining during the 1st quarter worth about $37,000. 12.26% of the stock is owned by institutional investors.

About Cipher Mining

Cipher Mining Inc, together with its subsidiaries, engages in the development and operation of industrial scale bitcoin mining data centers in the United States. The company was incorporated in 2020 and is based in New York, New York. Cipher Mining Inc operates as a subsidiary of Bitfury Holding B.V.