S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Semiconductor Giants: Navigating the Recent Pullback
2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding
Breakout Alert: Coinbase's Consolidation Is About To End
3 Key Stocks Helping to Drive the EV Race
Closing prices for crude oil, gold and other commodities
You Can Follow BlackRock’s Market View for Your Money
JPMorgan Chase Falls 5% as Consumer Cracking Begins to Show
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Semiconductor Giants: Navigating the Recent Pullback
2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding
Breakout Alert: Coinbase's Consolidation Is About To End
3 Key Stocks Helping to Drive the EV Race
Closing prices for crude oil, gold and other commodities
You Can Follow BlackRock’s Market View for Your Money
JPMorgan Chase Falls 5% as Consumer Cracking Begins to Show
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Semiconductor Giants: Navigating the Recent Pullback
2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding
Breakout Alert: Coinbase's Consolidation Is About To End
3 Key Stocks Helping to Drive the EV Race
Closing prices for crude oil, gold and other commodities
You Can Follow BlackRock’s Market View for Your Money
JPMorgan Chase Falls 5% as Consumer Cracking Begins to Show
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Semiconductor Giants: Navigating the Recent Pullback
2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding
Breakout Alert: Coinbase's Consolidation Is About To End
3 Key Stocks Helping to Drive the EV Race
Closing prices for crude oil, gold and other commodities
You Can Follow BlackRock’s Market View for Your Money
JPMorgan Chase Falls 5% as Consumer Cracking Begins to Show
NASDAQ:CIFR

Cipher Mining (CIFR) Stock Price, News & Analysis

$3.82
-0.33 (-7.94%)
(As of 04/12/2024 ET)
Today's Range
$3.74
$4.15
50-Day Range
$2.45
$5.33
52-Week Range
$1.76
$5.75
Volume
5.76 million shs
Average Volume
9.03 million shs
Market Capitalization
$1.13 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.25

Cipher Mining MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
37.3% Upside
$5.25 Price Target
Short Interest
Healthy
9.35% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.75mentions of Cipher Mining in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.22) to $0.21 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.20 out of 5 stars

Business Services Sector

196th out of 304 stocks

Nondepository Credit Institutions Industry

29th out of 45 stocks

CIFR stock logo

About Cipher Mining Stock (NASDAQ:CIFR)

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.

CIFR Stock Price History

CIFR Stock News Headlines

Here's Why Bitcoin Miners Stopped Rising With Bitcoin Prices
Prior to the approval of the spot bitcoin ETFs like iShares Bitcoin Trust NASDAQ: IBIT, traders would trade the Bitcoin miners and the cryptocurrency exchanges like Coinbase Global Inc. NASDAQ: COIN to benefit from the rise in Bitcoin prices. When the price of Bitcoin spiked, so did the stocks of Bitcoin miners in the business services sector.
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices (CIFR)
The upcoming halving event in Bitcoin is reversing the normal positive correlation between bitcoin mining stocks and the spot price of bitcoin
Analysts Predict Price Tag for Gold to TRIPLE
Due to both domestic and global issues, the trajectory of this precious metal could skyrocket in the coming months… Which is why billionaires and Central Banks alike are scooping up gold at record rates!
3 Stock Trades to Make for 50% Returns in Q2 2024
Analysts Predict Price Tag for Gold to TRIPLE
Due to both domestic and global issues, the trajectory of this precious metal could skyrocket in the coming months… Which is why billionaires and Central Banks alike are scooping up gold at record rates!
3 'Strong Buy' Growth Stocks to Scoop Up Now
CIFR Quantitative Stock Analysis
CIFR Sep 2024 2.500 call
CIFR Sep 2024 3.500 put
Beyond The Numbers: 8 Analysts Discuss Cipher Mining Stock
CIFR Mar 2024 5.000 call
CIFR Mar 2024 7.000 put
See More Headlines
Receive CIFR Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Cipher Mining and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
3/05/2024
Today
4/12/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Nondepository credit institutions
Sub-Industry
N/A
Current Symbol
NASDAQ:CIFR
Fax
N/A
Employees
35
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.25
High Stock Price Target
$6.00
Low Stock Price Target
$4.50
Potential Upside/Downside
+37.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

Net Income
$-25,780,000.00
Pretax Margin
-17.51%

Debt

Sales & Book Value

Annual Sales
$126.84 million
Cash Flow
$0.12 per share
Book Value
$1.93 per share

Miscellaneous

Free Float
289,822,000
Market Cap
$1.13 billion
Optionable
Optionable
Beta
2.22
5G Stocks: The Path Forward is Profitable Cover

Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report

Key Executives

  • Mr. Rodney Tyler Page (Age 48)
    CEO & Director
    Comp: $3.06M
  • Mr. Patrick Arthur Kelly (Age 44)
    Co-President & COO
    Comp: $1.61M
  • Mr. William Iwaschuk (Age 48)
    Co-President, Chief Legal Officer & Corporate Secretary
    Comp: $1.62M
  • Mr. Edward John Farrell CPA (Age 63)
    Chief Financial Officer
    Comp: $1.61M
  • Mr. Richard Carter Jr.
    Senior Accountant
  • Mr. Bryan Keller
    Chief Technology Officer
  • Ms. Olivia Stennett
    Chief Administrative Officer
  • Mr. Joshua Kane
    Head of Investor Relation
  • Mr. Samy Biyadi
    Head of Power
  • Ms. Courtney Frazier
    Head of Corporate Operations

CIFR Stock Analysis - Frequently Asked Questions

Should I buy or sell Cipher Mining stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cipher Mining in the last twelve months. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CIFR shares.
View CIFR analyst ratings
or view top-rated stocks.

What is Cipher Mining's stock price target for 2024?

7 Wall Street research analysts have issued twelve-month target prices for Cipher Mining's stock. Their CIFR share price targets range from $4.50 to $6.00. On average, they predict the company's share price to reach $5.25 in the next twelve months. This suggests a possible upside of 37.3% from the stock's current price.
View analysts price targets for CIFR
or view top-rated stocks among Wall Street analysts.

How have CIFR shares performed in 2024?

Cipher Mining's stock was trading at $4.13 at the beginning of the year. Since then, CIFR stock has decreased by 7.4% and is now trading at $3.8250.
View the best growth stocks for 2024 here
.

Are investors shorting Cipher Mining?

Cipher Mining saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 14,060,000 shares, a decline of 19.5% from the March 15th total of 17,460,000 shares. Based on an average trading volume of 9,120,000 shares, the days-to-cover ratio is presently 1.5 days. Currently, 9.4% of the shares of the stock are short sold.
View Cipher Mining's Short Interest
.

When is Cipher Mining's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our CIFR earnings forecast
.

How were Cipher Mining's earnings last quarter?

Cipher Mining Inc. (NASDAQ:CIFR) posted its quarterly earnings data on Tuesday, March, 5th. The company reported $0.05 earnings per share for the quarter, beating analysts' consensus estimates of ($0.07) by $0.12. The firm had revenue of $43.42 million for the quarter, compared to analysts' expectations of $35.73 million. Cipher Mining had a negative trailing twelve-month return on equity of 6.78% and a negative net margin of 20.32%.

Who are Cipher Mining's major shareholders?

Cipher Mining's stock is owned by a number of retail and institutional investors. Top institutional investors include IMC Chicago LLC (0.00%). Insiders that own company stock include Cary M Grossman, Top Holdco BV Bitfury, Tyler Page and William Iwaschuk.
View institutional ownership trends
.

How do I buy shares of Cipher Mining?

Shares of CIFR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CIFR) was last updated on 4/13/2024 by MarketBeat.com Staff

From Our Partners