S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
Freshworks gets juiced on its AI customer engagement platform
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
Freshworks gets juiced on its AI customer engagement platform
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
Freshworks gets juiced on its AI customer engagement platform
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
Freshworks gets juiced on its AI customer engagement platform
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months

Cipher Mining (CIFR) Stock Price, News & Analysis

$2.91
+0.29 (+11.07%)
(As of 12/8/2023 08:56 PM ET)
Compare
Today's Range
$2.61
$2.93
50-Day Range
$2.32
$4.10
52-Week Range
$0.38
$5.30
Volume
4.31 million shs
Average Volume
1.67 million shs
Market Capitalization
$741.06 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.42

Cipher Mining MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
86.1% Upside
$5.42 Price Target
Short Interest
Healthy
22.10% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.14mentions of Cipher Mining in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$29.50 M Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($0.23) to ($0.38) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.82 out of 5 stars

Business Services Sector

199th out of 281 stocks

Nondepository Credit Institutions Industry

20th out of 42 stocks


CIFR stock logo

About Cipher Mining Stock (NASDAQ:CIFR)

Cipher Mining Inc., a technology company, develops and operates 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. is a subsidiary of Bitfury Holding B.V.

CIFR Stock Price History

CIFR Stock News Headlines

When Should You Buy Cipher Mining Inc. (NASDAQ:CIFR)?
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Cipher Mining Announces November 2023 Operational Update
Cipher Mining (NASDAQ:CIFR) Sees Large Volume Increase
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
What 6 Analyst Ratings Have To Say About Cipher Mining
Cipher Mining Provides Third Quarter 2023 Business Update
Cipher Mining Announces October 2023 Operational Update
Cipher Mining: Low On Cash And Time
Expert Ratings for Cipher Mining
7 Best Cryptocurrency Mining Stocks
See More Headlines
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Company Calendar

Last Earnings
11/08/2023
Today
12/10/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
3/12/2024

Industry, Sector and Symbol

Industry
Nondepository credit institutions
Sub-Industry
N/A
Current Symbol
NASDAQ:CIFR
Fax
N/A
Employees
26
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.42
High Stock Price Target
$6.00
Low Stock Price Target
$4.50
Potential Upside/Downside
+86.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

Net Income
$-39,050,000.00
Net Margins
-102.52%
Pretax Margin
-100.87%

Debt

Sales & Book Value

Annual Sales
$86.46 million
Book Value
$1.39 per share

Miscellaneous

Free Float
250,178,000
Market Cap
$741.06 million
Optionable
Optionable
Beta
1.98
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Key Executives

  • Mr. Rodney Tyler Page (Age 47)
    CEO & Director
    Comp: $300k
  • Mr. Patrick Arthur Kelly (Age 43)
    Co-President & COO
    Comp: $200k
  • Mr. William Iwaschuk (Age 47)
    Co-President, Chief Legal Officer & Corporate Secretary
    Comp: $200k
  • Mr. Edward John Farrell CPA (Age 62)
    Chief Financial Officer
    Comp: $200k
  • 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 research analysts have issued "buy," "hold," and "sell" ratings for Cipher Mining in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street research 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 12-month price objectives for Cipher Mining's shares. Their CIFR share price targets range from $4.50 to $6.00. On average, they expect the company's stock price to reach $5.42 in the next year. This suggests a possible upside of 86.1% 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 2023?

Cipher Mining's stock was trading at $0.56 at the beginning of 2023. Since then, CIFR stock has increased by 419.6% and is now trading at $2.91.
View the best growth stocks for 2023 here
.

Are investors shorting Cipher Mining?

Cipher Mining saw a drop in short interest in the month of November. As of November 15th, there was short interest totaling 11,810,000 shares, a drop of 16.4% from the October 31st total of 14,130,000 shares. Based on an average daily volume of 1,740,000 shares, the short-interest ratio is currently 6.8 days. Currently, 22.1% of the shares of the company are sold short.
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, March 12th 2024.
View our CIFR earnings forecast
.

How were Cipher Mining's earnings last quarter?

Cipher Mining Inc. (NASDAQ:CIFR) posted its quarterly earnings results on Wednesday, November, 8th. The company reported ($0.07) EPS for the quarter, hitting the consensus estimate of ($0.07). The company had revenue of $30.30 million for the quarter, compared to analyst estimates of $32.43 million. Cipher Mining had a negative net margin of 102.52% and a negative trailing twelve-month return on equity of 25.82%.

Who are Cipher Mining's major shareholders?

Cipher Mining's stock is owned by many different retail and institutional investors. Top institutional investors include Van ECK Associates Corp (0.56%), Mirae Asset Global Investments Co. Ltd. (0.37%), Charles Schwab Investment Management Inc. (0.15%), Northern Trust Corp (0.14%), Exchange Traded Concepts LLC (0.13%) and Goldentree Asset Management LP (0.08%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:CIFR) was last updated on 12/11/2023 by MarketBeat.com Staff

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