Cipher Mining Inc. (NASDAQ:CIFR - Free Report) - Equities researchers at HC Wainwright cut their Q2 2025 earnings estimates for Cipher Mining in a report issued on Tuesday, May 6th. HC Wainwright analyst M. Colonnese now forecasts that the company will earn ($0.13) per share for the quarter, down from their previous estimate 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.
Cipher Mining (NASDAQ:CIFR - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The company reported ($0.11) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.11). The business had revenue of $48.96 million during the quarter, compared to the consensus estimate of $53.57 million. Cipher Mining had a negative return on equity of 8.29% and a negative net margin of 33.39%.
CIFR has been the subject of several other research reports. Canaccord Genuity Group restated a "buy" rating and set a $8.00 price target on shares of Cipher Mining in a research note on Thursday. Needham & Company LLC decreased their price target on shares of Cipher Mining from $7.50 to $7.00 and set a "buy" rating for the company in a research note 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 reiterated a "buy" rating and issued a $5.50 price objective on shares of Cipher Mining in a research note on Wednesday, May 7th. Finally, Cantor Fitzgerald reduced their price objective on shares of Cipher Mining from $11.00 to $10.00 and set an "overweight" rating for the company in a research note on Tuesday, February 4th. One analyst has rated the stock with a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus price target of $8.03.
Get Our Latest Analysis on Cipher Mining
Cipher Mining Stock Up 5.7%
Shares of CIFR stock traded up $0.17 on Friday, reaching $3.15. 25,563,667 shares of the company were exchanged, compared to its average volume of 11,289,600. The company has a market cap of $1.17 billion, a price-to-earnings ratio of -24.23 and a beta of 2.61. The company has a 50-day moving average of $2.80 and a 200-day moving average of $4.69. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.57 and a quick ratio of 2.57. Cipher Mining has a one year low of $1.86 and a one year high of $7.99.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the company. V3 Holding Ltd bought a new position in Cipher Mining in the 4th quarter valued at $452,713,000. Vanguard Group Inc. boosted its holdings in Cipher Mining by 7.0% in the 4th quarter. Vanguard Group Inc. now owns 18,172,080 shares of the company's stock valued at $84,318,000 after purchasing an additional 1,189,756 shares during the period. Invesco Ltd. boosted its holdings in Cipher Mining by 16.7% in the 4th quarter. Invesco Ltd. now owns 6,443,723 shares of the company's stock valued at $29,899,000 after purchasing an additional 924,262 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Cipher Mining by 4.0% during the 4th quarter. Geode Capital Management LLC now owns 5,727,990 shares of the company's stock worth $26,583,000 after acquiring an additional 218,137 shares during the last quarter. Finally, Vident Advisory LLC lifted its holdings in shares of Cipher Mining by 29.4% during the 4th quarter. Vident Advisory LLC now owns 4,250,078 shares of the company's stock worth $19,720,000 after acquiring an additional 965,648 shares during the last quarter. 12.26% of the stock is owned by institutional investors.
About Cipher Mining
(
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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.
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