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Netflix Collaboration Fuels IAS, DoubleVerify Stock Surge
S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
Stock market today: Global shares trade mixed following technology selloff on Wall Street
New "Mined in America" Lithium Opportunities? (Ad)
10 Best Airline Stocks to Buy
What is a Growth Stock Mutual Fund?
New "Mined in America" Lithium Opportunities? (Ad)
Ollie’s Bargain Outlet Goes On Sale 
Will MicroVision Maintain Its Momentum After the Short Squeeze?
New "Mined in America" Lithium Opportunities? (Ad)
Apple Partnership Strengthens Unity Software's Investment Appeal
Netflix Collaboration Fuels IAS, DoubleVerify Stock Surge
S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
Stock market today: Global shares trade mixed following technology selloff on Wall Street
New "Mined in America" Lithium Opportunities? (Ad)
10 Best Airline Stocks to Buy
What is a Growth Stock Mutual Fund?
New "Mined in America" Lithium Opportunities? (Ad)
Ollie’s Bargain Outlet Goes On Sale 
Will MicroVision Maintain Its Momentum After the Short Squeeze?
New "Mined in America" Lithium Opportunities? (Ad)
Apple Partnership Strengthens Unity Software's Investment Appeal
Netflix Collaboration Fuels IAS, DoubleVerify Stock Surge
S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
Stock market today: Global shares trade mixed following technology selloff on Wall Street
New "Mined in America" Lithium Opportunities? (Ad)
10 Best Airline Stocks to Buy
What is a Growth Stock Mutual Fund?
New "Mined in America" Lithium Opportunities? (Ad)
Ollie’s Bargain Outlet Goes On Sale 
Will MicroVision Maintain Its Momentum After the Short Squeeze?
New "Mined in America" Lithium Opportunities? (Ad)
Apple Partnership Strengthens Unity Software's Investment Appeal
Netflix Collaboration Fuels IAS, DoubleVerify Stock Surge
NASDAQ:CIFR

Cipher Mining (CIFR) Stock Forecast, Price & News

$2.33
-0.05 (-2.10%)
(As of 06/7/2023 ET)
Compare
Today's Range
$2.26
$2.45
50-Day Range
$1.95
$2.91
52-Week Range
$0.38
$3.32
Volume
712,409 shs
Average Volume
854,967 shs
Market Capitalization
$580.03 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.60

Cipher Mining MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
54.5% Upside
$3.60 Price Target
Short Interest
Bearish
21.34% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.67mentions of Cipher Mining in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($0.15) to ($0.27) Per Share

Overall MarketRank

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

1.96 out of 5 stars

Business Services Sector

195th out of 330 stocks

Nondepository Credit Institutions Industry

21st out of 40 stocks


CIFR stock logo

About Cipher Mining (NASDAQ:CIFR) Stock

Cipher Mining Inc., a technology company, operates in the bitcoin mining ecosystem in the United States. It engages in developing and growing a cryptocurrency mining business that specializes in bitcoin. The company was incorporated in 2021 and is based in New York, New York.

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CIFR Stock News Headlines

Cipher Mining (NASDAQ:CIFR) Stock Price Down 5%
Graphite Shortage Could Derail the $7 Trillion EV Transition
Graphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.
Cipher Mining (NASDAQ:CIFR) Shares Gap Down to $2.45
Cipher Mining Announces May 2023 Operational Update
Cipher Mining (NASDAQ:CIFR) Stock Price Down 4%
Graphite Shortage Could Derail the $7 Trillion EV Transition
Graphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.
Cipher Mining (NASDAQ: CIFR)
Cipher Mining (NASDAQ:CIFR) Shares Down 5%
Comparing SOS (NYSE:SOS) & Cipher Mining (NASDAQ:CIFR)
Cipher Mining (NASDAQ:CIFR) Shares Gap Up to $2.20
Cipher Mining (NASDAQ:CIFR) Trading Down 10.8%
Financial Comparison: Cipher Mining (CIFR) vs. Its Competitors
Financial Comparison: Cipher Mining (CIFR) vs. The Competition
See More Headlines

CIFR Price History

CIFR Company Calendar

Last Earnings
3/14/2023
Today
6/08/2023
Next Earnings (Estimated)
8/08/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Nondepository credit institutions
Sub-Industry
N/A
Current Symbol
NASDAQ:CIFR
Fax
N/A
Employees
10
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$3.60
High Stock Price Forecast
$4.00
Low Stock Price Forecast
$3.00
Forecasted Upside/Downside
+54.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$-39,050,000.00
Pretax Margin
-105.27%

Debt

Sales & Book Value

Annual Sales
$3.04 million
Book Value
$1.39 per share

Miscellaneous

Free Float
243,436,000
Market Cap
$580.03 million
Optionable
Optionable
Beta
2.30

Key Executives

  • Mr. Rodney Tyler Page (Age 46)
    CEO & Director
    Comp: $225k
  • Mr. Edward John Farrell CPA (Age 62)
    Chief Financial Officer
    Comp: $150k
  • Mr. Patrick Arthur Kelly (Age 43)
    Chief Operating Officer
    Comp: $150k
  • Mr. William Iwaschuk (Age 47)
    Chief Legal Officer
    Comp: $150k
  • Mr. Bryan Keller
    Chief Technology Officer
  • Mr. Samy Biyadi
    Head of Power
  • Ms. Courtney Frazier
    Head of Corp. Operations
  • Chris Totin
    Chief Construction Officer
  • Mr. Reuben Govender
    Head of Markets
  • Ms. Olivia Stennett
    Head of Project Management













CIFR Stock - Frequently Asked Questions

Should I buy or sell Cipher Mining stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cipher Mining in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CIFR shares.
View CIFR analyst ratings
or view top-rated stocks.

What is Cipher Mining's stock price forecast for 2023?

5 Wall Street research analysts have issued 1 year price targets for Cipher Mining's shares. Their CIFR share price forecasts range from $3.00 to $4.00. On average, they predict the company's share price to reach $3.60 in the next twelve months. This suggests a possible upside of 54.5% 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 the year. Since then, CIFR stock has increased by 316.1% and is now trading at $2.33.
View the best growth stocks for 2023 here
.

Are investors shorting Cipher Mining?

Cipher Mining saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 8,750,000 shares, an increase of 7.0% from the April 30th total of 8,180,000 shares. Based on an average daily trading volume, of 1,420,000 shares, the short-interest ratio is currently 6.2 days. Approximately 21.3% of the company's shares 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, August 8th 2023.
View our CIFR earnings forecast
.

How were Cipher Mining's earnings last quarter?

Cipher Mining Inc. (NASDAQ:CIFR) posted its quarterly earnings results on Tuesday, March, 14th. The company reported ($0.21) earnings per share for the quarter, missing the consensus estimate of ($0.07) by $0.14. The company had revenue of $3.04 million for the quarter, compared to analysts' expectations of $4.60 million.

What ETFs hold Cipher Mining's stock?
What is Cipher Mining's stock symbol?

Cipher Mining trades on the NASDAQ under the ticker symbol "CIFR."

Who are Cipher Mining's major shareholders?

Cipher Mining's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (0.82%), Van ECK Associates Corp (0.43%), Geode Capital Management LLC (0.43%), State Street Corp (0.29%), Mint Tower Capital Management B.V. (0.22%) and Mint Tower Capital Management B.V. (0.22%). Insiders that own company stock include Cary M Grossman and Tyler Page.
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.

What is Cipher Mining's stock price today?

One share of CIFR stock can currently be purchased for approximately $2.33.

How much money does Cipher Mining make?

Cipher Mining (NASDAQ:CIFR) has a market capitalization of $580.03 million and generates $3.04 million in revenue each year. The company earns $-39,050,000.00 in net income (profit) each year or ($0.12) on an earnings per share basis.

How can I contact Cipher Mining?

The official website for the company is www.ciphermining.com. The company can be reached via phone at 332-262-2300 or via email at investors@ciphermining.com.

This page (NASDAQ:CIFR) was last updated on 6/8/2023 by MarketBeat.com Staff

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