Cipher Mining Stock Price, News & Analysis (NASDAQ:CIFR) $2.79 -0.20 (-6.69%) (As of 12/5/2023 ET) Add Compare Share Share Today's Range$2.77▼$3.1350-Day Range$2.31▼$4.1052-Week Range$0.38▼$5.30Volume6.57 million shsAverage Volume1.65 million shsMarket Capitalization$710.50 millionP/E RatioN/ADividend YieldN/APrice Target$5.42 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Cipher Mining MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.86 Rating ScoreUpside/Downside94.1% Upside$5.42 Price TargetShort InterestHealthy22.10% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.15Based on 6 Articles This WeekInsider TradingSelling Shares$29.50 M Sold Last QuarterProj. Earnings GrowthDecreasingFrom ($0.23) to ($0.38) 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.1.83 out of 5 starsBusiness Services Sector199th out of 285 stocksNondepository Credit Institutions Industry27th out of 46 stocks 3.4 Analyst's Opinion Consensus RatingCipher Mining has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $5.42, Cipher Mining has a forecasted upside of 94.1% from its current price of $2.79.Amount of Analyst CoverageCipher Mining has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted22.10% 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 6.8.Change versus previous monthShort interest in Cipher Mining has recently decreased by 16.42%, indicating that investor sentiment is improving 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 2.3 News and Social Media Coverage News SentimentCipher Mining has a news sentiment score of 0.15. 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 0.38 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Cipher Mining this week, compared to 1 article on an average week.Search Interest23 people have searched for CIFR on MarketBeat in the last 30 days. This is an increase of 44% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Cipher Mining to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 $29,500,000.00 in company stock.Percentage Held by InsidersOnly 2.21% 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 ($0.23) to ($0.38) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cipher Mining is -7.75, 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 -7.75, 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 2.01. 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 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.Read More CIFR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CIFR Stock News HeadlinesDecember 5, 2023 | americanbankingnews.comCipher Mining's (CIFR) Overweight Rating Reaffirmed at Cantor FitzgeraldDecember 4, 2023 | msn.comCipher Mining Stock Is Rising Monday: What's Going On?December 6, 2023 | Edge On The Street (Ad)Energy Storage Trend Ignites Frenzy Over Vanadium SupplyAs the world shifts to renewables such as wind and solar, how will we store all this energy? Vanadium batteries are the breakthrough that some experts predict will be the future of grid-scale energy storage. The problem is, only 5% of vanadium is mined in the U.S. - and China and Russia have a stranglehold on our supply.December 4, 2023 | finance.yahoo.comCipher Mining Announces November 2023 Operational UpdateDecember 3, 2023 | americanbankingnews.comCipher Mining (NASDAQ:CIFR) Sees Large Volume IncreaseNovember 29, 2023 | americanbankingnews.comCipher Mining Inc. (NASDAQ:CIFR) Receives Consensus Recommendation of "Moderate Buy" from AnalystsNovember 12, 2023 | finance.yahoo.comCipher Mining Inc. (NASDAQ:CIFR) Q3 2023 Earnings Call TranscriptNovember 11, 2023 | finance.yahoo.comCipher Mining Inc. (NASDAQ:CIFR) Just Released Its Third-Quarter Results And Analysts Are Updating Their EstimatesDecember 6, 2023 | Edge On The Street (Ad)U.S. Military Defense Fails Without Vanadium?The metal vanadium is needed for numerous military applications, including jet engines, airframes, and ballistic missiles. And although the U.S. Govt. considers vanadium critical to national security, less than 5% of the metal is mined in America. This means we're at the mercy of China and Russia for our supply. November 10, 2023 | markets.businessinsider.comColonnese Recommends ‘Buy’ for Cipher Mining Amid Expansion and Increased Operational CapacityNovember 9, 2023 | markets.businessinsider.comWhat 6 Analyst Ratings Have To Say About Cipher MiningNovember 8, 2023 | seekingalpha.comCipher Mining Inc. 2023 Q3 - Results - Earnings Call PresentationNovember 8, 2023 | finance.yahoo.comCipher Mining Inc (CIFR) Reports Mixed Q3 2023 Results Amid Expansion EffortsNovember 8, 2023 | finance.yahoo.comCipher Mining Provides Third Quarter 2023 Business UpdateNovember 2, 2023 | msn.com7 Growth Stocks Gearing Up to Breakout in Late 2023November 1, 2023 | finance.yahoo.comCipher Mining Announces October 2023 Operational UpdateOctober 19, 2023 | finance.yahoo.comCipher Mining Announces Date of Third Quarter 2023 Business Update Conference CallOctober 12, 2023 | msn.comJP Morgan Initiates Coverage of Cipher Mining (CIFR) with Neutral RecommendationOctober 3, 2023 | finanznachrichten.deCipher Mining Inc.: Cipher Mining Announces September 2023 Operational UpdateOctober 2, 2023 | finance.yahoo.comCipher Mining Announces September 2023 Operational UpdateSeptember 28, 2023 | seekingalpha.comCipher Mining: Low On Cash And TimeSeptember 25, 2023 | markets.businessinsider.comExpert Ratings for Cipher MiningSeptember 16, 2023 | msn.comBTIG Initiates Coverage of Cipher Mining (CIFR) with Buy RecommendationSeptember 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 5.20See 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 Company Calendar Last Earnings11/08/2023Today12/06/2023Fiscal Year End12/31/2023Next Earnings (Estimated)3/12/2024Get 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 Target$5.42 High Stock Price Target$6.00 Low Stock Price Target$4.50 Potential Upside/Downside+94.1%Consensus RatingModerate Buy Rating Score (0-4)2.86 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($0.36) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-39,050,000.00 Net Margins-102.52% Pretax Margin-100.87% Return on Equity-25.82% Return on Assets-21.30% Debt Debt-to-Equity Ratio0.04 Current Ratio1.40 Quick Ratio1.40 Sales & Book Value Annual Sales$86.46 million Price / Sales8.22 Cash FlowN/A Price / Cash FlowN/A Book Value$1.39 per share Price / Book2.01Miscellaneous Outstanding Shares254,660,000Free Float249,032,000Market Cap$710.50 million OptionableOptionable Beta1.98 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Rodney Tyler Page (Age 47)CEO & Director Comp: $300kMr. Patrick Arthur Kelly (Age 43)Co-President & COO Comp: $200kMr. William Iwaschuk (Age 47)Co-President, Chief Legal Officer & Corporate Secretary Comp: $200kMr. Edward John Farrell CPA (Age 62)Chief Financial Officer Comp: $200kMr. Richard Carter Jr.Senior AccountantMr. Bryan KellerChief Technology OfficerMs. Olivia StennettChief Administrative OfficerMr. Joshua KaneHead of Investor RelationMr. Samy BiyadiHead of PowerMs. Courtney FrazierHead of Corporate OperationsMore ExecutivesKey CompetitorsAMTD DigitalNYSE:HKDPagaya TechnologiesNASDAQ:PGYBitfarmsNASDAQ:BITFBakktNYSE:BKKTGreen DotNYSE:GDOTView All CompetitorsInsiders & InstitutionsWellington Management Group LLPSold 189,713 shares on 12/1/2023Ownership: 0.012%American Century Companies Inc.Bought 16,358 shares on 11/30/2023Ownership: 0.017%Legal & General Group PlcBought 24,987 shares on 11/15/2023Ownership: 0.011%Toroso Investments LLCSold 4,250 shares on 11/15/2023Ownership: 0.006%The Manufacturers Life Insurance Company Bought 11,754 shares on 11/15/2023Ownership: 0.005%View All Insider TransactionsView All Institutional Transactions 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 12 month price objectives for Cipher Mining's stock. 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 twelve months. This suggests a possible upside of 94.1% 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 the year. Since then, CIFR shares have increased by 398.2% and is now trading at $2.79. View the best growth stocks for 2023 here. Are investors shorting Cipher Mining? Cipher Mining saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 11,810,000 shares, a decline 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 days-to-cover ratio is presently 6.8 days. Currently, 22.1% of the shares of the stock 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 data on Wednesday, November, 8th. The company reported ($0.07) EPS for the quarter, hitting analysts' consensus estimates of ($0.07). The business had revenue of $30.30 million for the quarter, compared to the consensus estimate of $32.43 million. Cipher Mining had a negative trailing twelve-month return on equity of 25.82% and a negative net margin of 102.52%. 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). Who are Cipher Mining's major shareholders? Cipher Mining's stock is owned by a variety of 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 12/6/2023 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. 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