NASDAQ:CIFR Cipher Mining (CIFR) Stock Forecast, Price & News $2.44 -0.22 (-8.27%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$2.44▼$2.7250-Day Range$2.44▼$4.7652-Week Range$0.38▼$5.30Volume804,363 shsAverage Volume1.28 million shsMarket Capitalization$612.34 millionP/E RatioN/ADividend YieldN/APrice Target$5.25 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Cipher Mining MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside115.2% Upside$5.25 Price TargetShort InterestBearish29.92% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.22Based on 3 Articles This WeekInsider TradingSelling Shares$666,550 Sold Last QuarterProj. Earnings GrowthDecreasingFrom ($0.18) to ($0.20) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.90 out of 5 starsBusiness Services Sector195th out of 293 stocksNondepository Credit Institutions Industry23rd out of 45 stocks 4.5 Analyst's Opinion Consensus RatingCipher Mining has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $5.25, Cipher Mining has a forecasted upside of 115.2% from its current price of $2.44.Amount of Analyst CoverageCipher Mining has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted29.92% of the float of Cipher Mining has been sold short.Short Interest Ratio / Days to CoverCipher Mining has a short interest ratio ("days to cover") of 7.3.Change versus previous monthShort interest in Cipher Mining has recently increased by 11.62%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldCipher Mining does not currently pay a dividend.Dividend GrowthCipher Mining does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CIFR. Previous Next 1.8 News and Social Media Coverage News SentimentCipher Mining has a news sentiment score of 0.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Cipher Mining this week, compared to 1 article on an average week.Search InterestOnly 5 people have searched for CIFR on MarketBeat in the last 30 days. This is a decrease of -55% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Cipher Mining to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cipher Mining insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $666,550.00 in company stock.Percentage Held by InsidersOnly 1.76% of the stock of Cipher Mining is held by insiders.Percentage Held by InstitutionsOnly 6.70% of the stock of Cipher Mining is held by institutions. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Cipher Mining are expected to decrease in the coming year, from ($0.18) to ($0.20) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cipher Mining is -48.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Cipher Mining is -48.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCipher Mining has a P/B Ratio of 1.76. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Cipher Mining (NASDAQ:CIFR) StockCipher 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.Read More CIFR Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CIFR Stock News HeadlinesSeptember 20, 2023 | americanbankingnews.comCipher Mining Inc. (NASDAQ:CIFR) Short Interest UpdateSeptember 18, 2023 | americanbankingnews.comReviewing Cipher Mining (NASDAQ:CIFR) and Bakkt (NYSE:BKKT)September 24, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.September 18, 2023 | americanbankingnews.comCipher Mining Inc. (NASDAQ:CIFR) Receives $5.10 Consensus PT from BrokeragesSeptember 17, 2023 | americanbankingnews.comBTIG Research Begins Coverage on Cipher Mining (NASDAQ:CIFR)September 17, 2023 | americanbankingnews.comContrasting Cipher Mining (NASDAQ:CIFR) & CNFinance (NYSE:CNF)September 16, 2023 | msn.comBTIG Initiates Coverage of Cipher Mining (CIFR) with Buy RecommendationSeptember 14, 2023 | americanbankingnews.comCoinbase Global (NASDAQ:COIN) & Cipher Mining (NASDAQ:CIFR) Head-To-Head ContrastSeptember 24, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.September 5, 2023 | msn.comCantor Fitzgerald Reiterates Cipher Mining (CIFR) Overweight RecommendationSeptember 1, 2023 | msn.com7 Best Cryptocurrency Mining StocksSeptember 1, 2023 | finance.yahoo.comCipher Mining Announces August 2023 Operational UpdateSeptember 1, 2023 | msn.comCipher Mining (CIFR) Price Target Increased by 21.43% to 5.20August 31, 2023 | finance.yahoo.comCipher Mining Announces Participation in the 3rd Annual Needham Virtual Crypto ConferenceAugust 30, 2023 | markets.businessinsider.comCantor Fitzgerald Keeps Their Buy Rating on Cipher Mining (CIFR)August 23, 2023 | finance.yahoo.comWhile shareholders of Cipher Mining (NASDAQ:CIFR) are in the black over 1 year, those who bought a week ago aren't so fortunateAugust 21, 2023 | msn.comNo Line Reading Involved: Cipher Mining (CIFR) is a Pure Risk-On Trade Right NowAugust 16, 2023 | msn.comCanaccord Genuity Maintains Cipher Mining (CIFR) Buy RecommendationAugust 10, 2023 | msn.comHC Wainwright & Co. Maintains Cipher Mining (CIFR) Buy RecommendationAugust 9, 2023 | markets.businessinsider.comH.C. Wainwright Reaffirms Their Buy Rating on Cipher Mining (CIFR)August 8, 2023 | msn.comCipher Mining Inc. (CIFR) Reports Q2 Loss, Lags Revenue EstimatesAugust 8, 2023 | seekingalpha.comCipher Mining Inc. 2023 Q2 - Results - Earnings Call PresentationAugust 8, 2023 | benzinga.comEarnings Preview For Cipher MiningAugust 8, 2023 | finance.yahoo.comCipher Mining Provides Second Quarter 2023 Business UpdateAugust 3, 2023 | msn.comNeedham Maintains Cipher Mining (CIFR) Buy RecommendationAugust 2, 2023 | msn.comCipher Mining (CIFR) Price Target Increased by 16.67% to 4.28August 1, 2023 | finance.yahoo.comCipher Mining Announces July 2023 Operational UpdateSee 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. Email Address CIFR Company Calendar Last Earnings8/08/2023Today9/23/2023Next Earnings (Estimated)11/13/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Nondepository credit institutions Sub-IndustryN/A SectorBusiness Services Current SymbolNASDAQ:CIFR CUSIPN/A CIK1819989 Webwww.ciphermining.com Phone332-262-2300FaxN/AEmployees26Year FoundedN/APrice Target and Rating Average Stock Price Forecast$5.25 High Stock Price Forecast$6.00 Low Stock Price Forecast$4.50 Forecasted Upside/Downside+115.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)($0.05) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-39,050,000.00 Net MarginsN/A Pretax Margin-16.23% Return on Equity-27.03% Return on Assets-23.09% Debt Debt-to-Equity Ratio0.03 Current Ratio1.09 Quick Ratio1.09 Sales & Book Value Annual Sales$3.04 million Price / Sales201.43 Cash FlowN/A Price / Cash FlowN/A Book Value$1.39 per share Price / Book1.76Miscellaneous Outstanding Shares250,960,000Free Float246,539,000Market Cap$612.34 million OptionableOptionable Beta2.41 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Rodney Tyler Page (Age 47)CEO & Director Comp: $300kMr. Patrick Arthur Kelly (Age 43)Co-Pres & COO Comp: $200kMr. William Iwaschuk (Age 47)Co-Pres, Chief Legal Officer & Corp. Sec. Comp: $200kMr. Edward John Farrell CPA (Age 62)Chief Financial Officer Comp: $200kMr. Richard Carter Jr.Sr. AccountantMr. Bryan KellerChief Technology OfficerMs. Olivia StennettChief Admin. OfficerMr. Joshua KaneHead of Investor RelationMr. Samy BiyadiHead of PowerMs. Courtney FrazierHead of Corp. OperationsMore ExecutivesKey CompetitorsCleanSparkNASDAQ:CLSKGreen DotNYSE:GDOTCompoSecureNASDAQ:CMPOHut 8 MiningNASDAQ:HUTBakktNYSE:BKKTView All CompetitorsInsiders & InstitutionsWolverine Trading LLCSold 30,000 shares on 8/23/2023Ownership: 0.000%Nuveen Asset Management LLCBought 126,073 shares on 8/16/2023Ownership: 0.075%XTX Topco LtdBought 19,200 shares on 8/15/2023Ownership: 0.008%Wells Fargo & Company MNBought 9,175 shares on 8/15/2023Ownership: 0.007%Walleye Capital LLCBought 11,921 shares on 8/15/2023Ownership: 0.005%View All Insider TransactionsView All Institutional Transactions CIFR Stock - Frequently Asked Questions Should I buy or sell Cipher Mining stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cipher Mining in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street 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? 6 equities research analysts have issued twelve-month price targets for Cipher Mining's stock. Their CIFR share price forecasts range from $4.50 to $6.00. On average, they predict the company's stock price to reach $5.25 in the next twelve months. This suggests a possible upside of 115.2% 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 335.7% and is now trading at $2.44. View the best growth stocks for 2023 here. Are investors shorting Cipher Mining? Cipher Mining saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 12,490,000 shares, an increase of 11.6% from the August 15th total of 11,190,000 shares. Based on an average daily trading volume, of 1,700,000 shares, the days-to-cover ratio is presently 7.3 days. Approximately 29.9% 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 Monday, November 13th 2023. View our CIFR earnings forecast. How were Cipher Mining's earnings last quarter? Cipher Mining Inc. (NASDAQ:CIFR) announced its quarterly earnings data on Tuesday, August, 8th. The company reported ($0.05) earnings per share for the quarter, missing analysts' consensus estimates of ($0.03) by $0.02. The business had revenue of $31.22 million for the quarter, compared to analysts' expectations of $32.20 million. What ETFs hold Cipher Mining's stock? ETFs with the largest weight of Cipher Mining (NASDAQ:CIFR) stock in their portfolio include Valkyrie Bitcoin Miners ETF (WGMI), Grayscale Future of Finance ETF (GFOF), VanEck Digital Transformation ETF (DAPP), VanEck Digital Assets Mining ETF (DAM), Global X Blockchain ETF (BKCH), Fidelity Crypto Industry and Digital Payments ETF (FDIG) and Bitwise Crypto Industry Innovators ETF (BITQ).First Trust SkyBridge Crypto Industry and Digital Economy ETF (CRPT). 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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (0.97%), State Street Corp (0.88%), Geode Capital Management LLC (0.56%), Van ECK Associates Corp (0.46%), Mirae Asset Global Investments Co. Ltd. (0.39%) and Mint Tower Capital Management B.V. (0.23%). Insiders that own company stock include Cary M Grossman, 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. What is Cipher Mining's stock price today? One share of CIFR stock can currently be purchased for approximately $2.44. How much money does Cipher Mining make? Cipher Mining (NASDAQ:CIFR) has a market capitalization of $612.34 million and generates $3.04 million in revenue each year. The company earns $-39,050,000.00 in net income (profit) each year or ($0.05) 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 9/24/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Cipher Mining Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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