PriceTargets.com logo

Cipher Mining - CIFR Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $2.90
  • Forecasted Upside: 35.51%
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$2.14 As of 03/24/2023 01:00 AM ET
▼ -0.2 (-8.55%)

This chart shows the closing price for CIFR by one month, three months, or twelve months.

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New Cipher Mining Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for CIFR and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for CIFR

Analyst Price Target is $2.90
▲ +35.51% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Cipher Mining in the last 3 months. The average price target is $2.90, with a high forecast of $3.00 and a low forecast of $2.70. The average price target represents a 35.51% upside from the last price of $2.14.

This chart shows the closing price for CIFR for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart

Current Consensus is Buy

The current consensus among 3 investment analysts is to buy stock in Cipher Mining.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/2/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/31/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/31/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/29/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/27/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/26/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
2/24/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/26/2023

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/16/2023HC WainwrightReiterated RatingBuy$3.00Low
3/13/2023Cantor FitzgeraldInitiated CoverageBuy$3.00Low
2/21/2023Needham & Company LLCInitiated CoverageBuy$2.70Low
2/7/2023HC WainwrightUpgradeNeutral ➝ Buy$1.50 ➝ $3.00Low
10/10/2022HC WainwrightInitiated CoverageNeutral$1.50Low
(Data available from 3/26/2018 forward)

News Sentiment Rating

0.21 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 2 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
8/28/2022
  • 2 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/27/2022
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/27/2022
  • 2 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/26/2022
  • 2 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/26/2022
  • 2 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/25/2023
  • 3 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/24/2023
  • 3 very positive mentions
  • 15 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
3/26/2023

Current Sentiment

  • 3 very positive mentions
  • 15 positive mentions
  • 4 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Cipher Mining logo
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.
Read More

Today's Range

Now: $2.14
Low: $2.10
High: $2.28

50 Day Range

MA: $1.60
Low: $0.95
High: $2.50

52 Week Range

Now: $2.14
Low: $0.38
High: $3.94

Volume

774,116 shs

Average Volume

1,801,879 shs

Market Capitalization

$532.06 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.09

Frequently Asked Questions

What sell-side analysts currently cover shares of Cipher Mining?

The following Wall Street sell-side analysts have issued reports on Cipher Mining in the last twelve months: Cantor Fitzgerald, HC Wainwright, and Needham & Company LLC.
View the latest analyst ratings for CIFR.

What is the current price target for Cipher Mining?

3 Wall Street analysts have set twelve-month price targets for Cipher Mining in the last year. Their average twelve-month price target is $2.90, suggesting a possible upside of 35.5%. Cantor Fitzgerald has the highest price target set, predicting CIFR will reach $3.00 in the next twelve months. Needham & Company LLC has the lowest price target set, forecasting a price of $2.70 for Cipher Mining in the next year.
View the latest price targets for CIFR.

What is the current consensus analyst rating for Cipher Mining?

Cipher Mining currently has 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe CIFR will outperform the market and that investors should add to their positions of Cipher Mining.
View the latest ratings for CIFR.

What other companies compete with Cipher Mining?

Other companies that are similar to Cipher Mining include CompoSecure, Pagaya Technologies, 10X Capital Venture Acquisition Corp. II, CleanSpark and OppFi. Learn More about companies similar to Cipher Mining.

How do I contact Cipher Mining's investor relations team?

The company's listed phone number is 332-262-2300 and its investor relations email address is [email protected] The official website for Cipher Mining is www.ciphermining.com. Learn More about contacing Cipher Mining investor relations.