Cipher Mining Inc. (NASDAQ:CIFR) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Cipher Mining Inc. (NASDAQ:CIFR) have received an average recommendation of “Moderate Buy” from the seventeen brokerages that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and fourteen have given a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $23.6786.

Several research analysts recently weighed in on CIFR shares. Morgan Stanley began coverage on Cipher Mining in a research report on Monday, February 9th. They issued an “overweight” rating and a $38.00 price objective for the company. Canaccord Genuity Group restated a “buy” rating and issued a $27.00 target price on shares of Cipher Mining in a research report on Monday, December 15th. Keefe, Bruyette & Woods decreased their price target on Cipher Mining from $22.00 to $20.00 and set an “outperform” rating on the stock in a research note on Wednesday, March 11th. Needham & Company LLC reiterated a “buy” rating and set a $22.00 price target on shares of Cipher Mining in a report on Wednesday. Finally, Wall Street Zen downgraded Cipher Mining from a “hold” rating to a “strong sell” rating in a research report on Sunday, March 1st.

Key Stories Impacting Cipher Mining

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

• Positive Sentiment: Needham & Company reiterated a Buy rating on CIFR, signaling continued analyst conviction and supporting upside expectations. Read More.
• Positive Sentiment: Rosenblatt Securities reaffirmed a Buy and set a $24 price target, reinforcing a bullish analyst view that could attract buyers. Read More.
• Positive Sentiment: Zacks Research upgraded Cipher from “strong sell” to “hold,” a modest improvement in sentiment from a prior negative stance. Read More.
• Positive Sentiment: CIFR experienced a sharp gap higher tied to strength in Nasdaq futures, producing short‑term momentum that can attract momentum traders and algos. Read More.
• Neutral Sentiment: Analyst coverage is mixed overall (many Buy ratings and some Hold/Sell), leaving consensus upside but also exposing the stock to sentiment swings; consensus price targets imply material upside versus current levels. Read More.
• Negative Sentiment: Several market pieces highlight steep intraday declines (around 9% in Thursday trading), linking CIFR’s moves to Bitcoin and broader crypto‑miner volatility—this has been a direct driver of selling pressure. Read More.
• Negative Sentiment: Director Cary M. Grossman sold 30,000 shares (~15% reduction in his reported stake), a disclosed insider sale that can be interpreted as profit‑taking and may weigh on sentiment. Read More.
• Negative Sentiment: Zacks published a note highlighting a larger-than-market decline in the latest close, underscoring downside risk from near‑term price moves. Read More.

Insider Activity at Cipher Mining

In other Cipher Mining news, CEO Tyler Page sold 37,500 shares of Cipher Mining stock in a transaction dated Wednesday, March 25th. The shares were sold at an average price of $16.11, for a total transaction of $604,125.00. Following the completion of the sale, the chief executive officer directly owned 8,263,862 shares in the company, valued at $133,130,816.82. This trade represents a 0.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Cary M. Grossman sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $14.54, for a total transaction of $436,200.00. Following the completion of the sale, the director directly owned 170,530 shares in the company, valued at $2,479,506.20. This trade represents a 14.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 183,797 shares of company stock worth $2,915,655. 2.63% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its stake in Cipher Mining by 996.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,227,021 shares of the company’s stock worth $10,645,000 after acquiring an additional 2,023,994 shares in the last quarter. Thames Capital Management LLC purchased a new position in Cipher Mining during the 3rd quarter valued at about $19,070,000. Legal & General Group Plc grew its position in Cipher Mining by 33.4% in the 2nd quarter. Legal & General Group Plc now owns 298,446 shares of the company’s stock valued at $1,427,000 after acquiring an additional 74,744 shares in the last quarter. Soros Fund Management LLC increased its stake in Cipher Mining by 67.5% during the second quarter. Soros Fund Management LLC now owns 1,300,000 shares of the company’s stock worth $6,214,000 after purchasing an additional 524,044 shares during the period. Finally, Vanguard Group Inc. increased its stake in Cipher Mining by 13.4% during the third quarter. Vanguard Group Inc. now owns 22,814,653 shares of the company’s stock worth $287,236,000 after purchasing an additional 2,699,717 shares during the period. 12.26% of the stock is currently owned by institutional investors and hedge funds.

Cipher Mining Stock Down 4.3%

Shares of NASDAQ CIFR opened at $13.74 on Friday. The company has a 50 day simple moving average of $15.71 and a 200-day simple moving average of $16.30. The company has a market capitalization of $5.57 billion, a P/E ratio of -6.36 and a beta of 2.96. The company has a debt-to-equity ratio of 3.37, a current ratio of 3.79 and a quick ratio of 3.79. Cipher Mining has a 1 year low of $1.86 and a 1 year high of $25.52.

About Cipher Mining

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.