Cipher Mining (NASDAQ:CIFR) Price Target Cut to $15.00 by Analysts at Cantor Fitzgerald

Cipher Mining (NASDAQ:CIFR) had its target price decreased by equities research analysts at Cantor Fitzgerald from $19.00 to $15.00 in a note issued to investors on Tuesday, Benzinga reports. The firm currently has an “overweight” rating on the stock. Cantor Fitzgerald‘s target price would indicate a potential upside of 118.66% from the company’s previous close.

Several other equities analysts also recently weighed in on CIFR. Keefe, Bruyette & Woods reduced their price target on Cipher Mining from $32.00 to $28.00 and set an “outperform” rating for the company in a report on Thursday, August 6th. HC Wainwright reiterated a “buy” rating on shares of Cipher Mining in a research note on Monday. Chardan Capital reissued a “buy” rating and set a $32.00 price objective on shares of Cipher Mining in a research report on Tuesday, August 4th. Morgan Stanley reduced their price objective on shares of Cipher Mining from $54.00 to $51.50 and set an “overweight” rating for the company in a research note on Monday, October 12th. Finally, Wells Fargo & Company restated an “overweight” rating and set a $15.00 price objective on shares of Cipher Mining in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $27.18.

Cipher Mining Stock Performance

Cipher Mining stock opened at $6.86 on Tuesday. The company has a quick ratio of 3.00, a current ratio of 3.00 and a debt-to-equity ratio of 9.69. The company has a market capitalization of $2.85 billion, a P/E ratio of -2.40 and a beta of 3.20. The stock’s 50 day moving average is $13.99 and its 200 day moving average is $17.70. Cipher Mining has a twelve month low of $6.62 and a twelve month high of $30.14.

Cipher Mining (NASDAQ:CIFR) last posted its quarterly earnings data on Monday, November 2nd. The company reported ($0.22) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.25) by $0.03. The company had revenue of $26.70 million during the quarter, compared to analyst estimates of $39.31 million. Cipher Mining had a negative return on equity of 156.28% and a negative net margin of 585.75%. The firm’s revenue for the quarter was down 62.8% on a year-over-year basis. During the same quarter last year, the company earned $0.10 EPS. On average, equities research analysts predict that Cipher Mining will post -1.36 earnings per share for the current fiscal year.

Institutional Trading of Cipher Mining

Institutional investors have recently made changes to their positions in the stock. CenterBook Partners LP bought a new position in shares of Cipher Mining during the 3rd quarter valued at $691,000. Kestra Advisory Services LLC grew its holdings in shares of Cipher Mining by 5.4% in the third quarter. Kestra Advisory Services LLC now owns 88,548 shares of the company’s stock worth $1,401,000 after acquiring an additional 4,510 shares during the period. Covestor Ltd grew its holdings in shares of Cipher Mining by 10,781.8% in the third quarter. Covestor Ltd now owns 49,621 shares of the company’s stock worth $785,000 after acquiring an additional 49,165 shares during the period. Integrity Alliance LLC. purchased a new stake in Cipher Mining during the third quarter valued at $1,274,000. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new stake in Cipher Mining during the third quarter valued at $42,000. Hedge funds and other institutional investors own 12.26% of the company’s stock.

Key Cipher Mining News

Here are the key news stories impacting Cipher Mining this week:

• Positive Sentiment: Cipher Mining reported a third-quarter loss of $0.22 per share, narrower than the consensus loss estimate of $0.25–$0.31. However, the result was still weaker than the $0.01-per-share loss reported a year earlier. Zacks earnings report
• Positive Sentiment: The company began generating HPC rental revenue, including approximately $5.9 million in the quarter, supporting its strategy to shift from Bitcoin mining toward data-center and AI infrastructure. Seeking Alpha characterized the earnings report as a loss beat with HPC operations starting up. Seeking Alpha earnings report
• Positive Sentiment: H.C. Wainwright said the selloff creates an attractive entry point, offering some support for the long-term HPC conversion thesis. H.C. Wainwright commentary
• Neutral Sentiment: Management emphasized that Cipher is not a traditional “neocloud” company, suggesting investors should evaluate it primarily as an infrastructure and data-center operator rather than a pure AI software or cloud provider. Yahoo Finance earnings reaction
• Negative Sentiment: Third-quarter revenue was $26.7 million, well below the $39.31 million analyst estimate and down 62.8% year over year. Bitcoin-mining revenue fell approximately 71%, while initial HPC rent replaced only a fraction of the lost revenue. 247 Wall St. earnings analysis
• Negative Sentiment: High leverage remains a major concern: approximately $5.6 billion of borrowings contributed to roughly $59 million in quarterly interest expense before the new data halls reach full rental capacity. Motley Fool earnings reaction
• Negative Sentiment: Keefe Bruyette reduced its price target to $11 from $28, reflecting a significant valuation reset after the revenue miss and uncertainty around the pace of the HPC transition. Keefe Bruyette price-target change

About Cipher Mining

Cipher Mining Inc (NASDAQ: CIFR) is a bitcoin mining company that develops and operates large-scale data center infrastructure in the United States. The company uses specialized application-specific integrated circuit (ASIC) computers to validate transactions on the Bitcoin network and earn bitcoin rewards.

Cipher focuses on securing access to cost-effective power, building and managing mining facilities, and deploying high-performance computing equipment. Its operations are supported by power infrastructure, cooling systems, networking equipment and other data center technologies required for energy-intensive digital asset mining.

The company was formed through the combination of Cipher Mining Technologies Inc and Good Works Acquisition Corp.