Cipher Mining (NASDAQ:CIFR – Get Free Report) is expected to be issuing its Q2 2026 results before the market opens on Tuesday, August 4th. Analysts expect Cipher Mining to announce earnings of ($0.2423) per share and revenue of $31.8610 million for the quarter. Interested persons can check the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Tuesday, August 4, 2026 at 8:00 AM ET.
Cipher Mining (NASDAQ:CIFR – Get Free Report) last issued its earnings results on Tuesday, May 5th. The company reported ($0.28) EPS for the quarter, missing the consensus estimate of ($0.27) by ($0.01). The firm had revenue of $34.84 million during the quarter, compared to analyst estimates of $36.12 million. Cipher Mining had a negative net margin of 427.79% and a negative return on equity of 117.65%. The business’s revenue was down 28.8% on a year-over-year basis. On average, analysts expect Cipher Mining to post $-1 EPS for the current fiscal year and $-0 EPS for the next fiscal year.
Cipher Mining Stock Performance
Shares of Cipher Mining stock opened at $22.32 on Monday. The stock has a market capitalization of $9.13 billion, a P/E ratio of -9.58 and a beta of 3.20. The company has a quick ratio of 3.13, a current ratio of 3.13 and a debt-to-equity ratio of 6.13. The company has a 50-day simple moving average of $23.34 and a 200 day simple moving average of $19.08. Cipher Mining has a 12-month low of $4.55 and a 12-month high of $30.14.
Insider Buying and Selling
Institutional Investors Weigh In On Cipher Mining
A number of institutional investors and hedge funds have recently modified their holdings of the business. Los Angeles Capital Management LLC bought a new position in Cipher Mining in the fourth quarter valued at approximately $25,000. Arax Advisory Partners lifted its stake in shares of Cipher Mining by 274.2% in the 4th quarter. Arax Advisory Partners now owns 1,826 shares of the company’s stock valued at $27,000 after purchasing an additional 1,338 shares during the period. Meeder Asset Management Inc. bought a new position in shares of Cipher Mining in the 4th quarter worth $28,000. Parallel Advisors LLC grew its stake in shares of Cipher Mining by 663.0% during the third quarter. Parallel Advisors LLC now owns 4,166 shares of the company’s stock worth $52,000 after purchasing an additional 3,620 shares during the period. Finally, Rafferty Asset Management LLC bought a new stake in Cipher Mining in the second quarter valued at about $54,000. 12.26% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Several brokerages have weighed in on CIFR. Morgan Stanley decreased their price objective on shares of Cipher Mining from $48.50 to $47.00 and set an “overweight” rating on the stock in a research note on Monday, July 20th. Sanford C. Bernstein assumed coverage on Cipher Mining in a research report on Wednesday, June 3rd. They set an “outperform” rating and a $32.00 price target on the stock. Cantor Fitzgerald cut their price objective on Cipher Mining from $24.00 to $22.00 and set an “overweight” rating for the company in a research report on Thursday, April 9th. Chardan Capital began coverage on Cipher Mining in a research note on Monday, July 27th. They issued a “buy” rating and a $32.00 price objective on the stock. Finally, BTIG Research lifted their price target on Cipher Mining from $25.00 to $35.00 and gave the company a “buy” rating in a report on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Cipher Mining has an average rating of “Moderate Buy” and an average price target of $28.74.
Get Our Latest Stock Analysis on Cipher Mining
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.
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