Q3 EPS Estimate for Cipher Mining Lowered by Analyst

Cipher Mining Inc. (NASDAQ:CIFR) – Analysts at Northland Securities dropped their Q3 2026 earnings estimates for Cipher Mining in a report released on Tuesday, August 4th. Northland Securities analyst M. Grondahl now anticipates that the company will earn ($0.26) per share for the quarter, down from their prior forecast of ($0.11). The consensus estimate for Cipher Mining’s current full-year earnings is ($0.90) per share. Northland Securities also issued estimates for Cipher Mining’s Q4 2026 earnings at ($0.16) EPS and FY2026 earnings at ($1.35) EPS.

Other analysts also recently issued research reports about the company. Keefe, Bruyette & Woods lowered their target price on Cipher Mining from $32.00 to $28.00 and set an “outperform” rating on the stock in a research note on Thursday, August 6th. HC Wainwright lifted their price target on Cipher Mining from $25.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Weiss Ratings reissued a “sell (d-)” rating on shares of Cipher Mining in a report on Wednesday, June 24th. Chardan Capital restated a “buy” rating and issued a $32.00 price objective on shares of Cipher Mining in a research report on Tuesday, August 4th. Finally, Needham & Company LLC raised their price objective on shares of Cipher Mining from $22.00 to $25.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $28.61.

Cipher Mining Price Performance

Shares of CIFR opened at $17.21 on Wednesday. The business’s 50-day moving average is $22.61 and its two-hundred day moving average is $19.11. The company has a market capitalization of $7.14 billion, a P/E ratio of -6.02 and a beta of 3.20. Cipher Mining has a fifty-two week low of $4.67 and a fifty-two week high of $30.14. The company has a debt-to-equity ratio of 9.69, a quick ratio of 3.00 and a current ratio of 3.00.

Cipher Mining (NASDAQ:CIFR) last posted its earnings results on Tuesday, August 4th. The company reported ($0.65) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.40). Cipher Mining had a negative net margin of 585.75% and a negative return on equity of 156.28%. The business had revenue of $24.84 million for the quarter, compared to analyst estimates of $31.86 million. During the same quarter in the prior year, the firm earned ($0.12) earnings per share.

Institutional Investors Weigh In On Cipher Mining

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Los Angeles Capital Management LLC acquired a new stake in shares of Cipher Mining in the fourth quarter valued at about $25,000. Arax Advisory Partners increased its stake in Cipher Mining by 274.2% during the 4th quarter. Arax Advisory Partners now owns 1,826 shares of the company’s stock worth $27,000 after buying an additional 1,338 shares in the last quarter. Meeder Asset Management Inc. acquired a new position in shares of Cipher Mining during the fourth quarter valued at approximately $28,000. Danske Bank A S raised its holdings in shares of Cipher Mining by 1,150.0% during the fourth quarter. Danske Bank A S now owns 2,500 shares of the company’s stock valued at $37,000 after acquiring an additional 2,300 shares during the last quarter. Finally, CWM LLC lifted its position in shares of Cipher Mining by 43.3% in the fourth quarter. CWM LLC now owns 2,661 shares of the company’s stock valued at $39,000 after acquiring an additional 804 shares in the last quarter. Hedge funds and other institutional investors own 12.26% of the company’s stock.

Insider Activity

In other Cipher Mining news, Director Cary M. Grossman sold 15,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $29.43, for a total value of $441,450.00. Following the sale, the director directly owned 143,829 shares of the company’s stock, valued at approximately $4,232,887.47. This trade represents a 9.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Tyler Page sold 112,500 shares of the business’s stock in a transaction that occurred on Wednesday, July 8th. The shares were sold at an average price of $21.19, for a total value of $2,383,875.00. Following the completion of the sale, the chief executive officer owned 9,084,225 shares of the company’s stock, valued at $192,494,727.75. This trade represents a 1.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 3,145,825 shares of company stock worth $81,741,167. 3.09% of the stock is currently owned by corporate insiders.

Cipher Mining News Roundup

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

• Positive Sentiment: HC Wainwright maintained a Buy rating and a $30 price target, well above recent trading levels. The firm expects Cipher Mining’s quarterly losses to narrow through 2027, reaching a projected $0.01 per share profit in Q4 2027. Its 2027 quarterly estimates improve from a $0.08 loss in Q1 to a $0.02 loss in Q3.
• Positive Sentiment: The company’s long-term earnings trajectory remains a potential catalyst: HC Wainwright forecasts a 2027 loss of $0.12 per share, implying a transition toward profitability later in the forecast period.
• Neutral Sentiment: Reported short-interest data showed zero shares short both before and after the period measured, producing a zero-day short-interest ratio. The figures do not indicate meaningful short-covering activity and may reflect incomplete data.
• Negative Sentiment: HC Wainwright reduced its Q3 2026 EPS estimate to a $0.35 loss from a $0.30 loss and cut its FY2026 forecast to a $1.44 loss. Northland Securities also lowered its Q3 estimate to a $0.26 loss from $0.11 and its FY2026 estimate to a $1.35 loss from $0.52.
• Negative Sentiment: Both firms lowered their Q4 2026 projections to a $0.16-per-share loss. Northland previously expected a $0.01 loss, while HC Wainwright previously forecast a $0.08 loss. These revisions signal weaker near-term profitability than previously anticipated.
• Negative Sentiment: A recent valuation article said Cipher Mining shares had fallen 5% and remained overvalued according to GuruFocus’s GF Value model, which could limit upside despite the bullish analyst price target. Cipher Digital Inc. Shares Fall — GF Value Says Still Overvalued

Cipher Mining Company Profile

Cipher Mining Inc is a Nasdaq-listed bitcoin mining company that develops, owns and operates large-scale mining facilities across the United States. The company focuses on deploying advanced ASIC hardware and securing long-term low-cost power contracts to optimize bitcoin production. By strategically locating its sites in regions with abundant energy supply, Cipher Mining seeks to maintain a competitive cost structure and deliver efficient hashrate capacity growth.

Founded in 2021 and headquartered in Austin, Texas, Cipher Mining has pursued an integrated approach encompassing site development, equipment procurement and operations management.