Cipher Mining (NASDAQ:CIFR) Stock Rating Lowered by Zacks Research

Cipher Mining (NASDAQ:CIFR) was downgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued on Tuesday,Zacks.com reports.

Other equities research analysts have also issued reports about the stock. Citizens Jmp set a $30.00 price target on Cipher Mining in a research report on Wednesday, November 19th. Northland Securities set a $27.50 target price on Cipher Mining in a research note on Tuesday, November 4th. HC Wainwright dropped their target price on Cipher Mining to $25.00 and set a “buy” rating on the stock in a report on Wednesday. Wells Fargo & Company set a $18.00 price target on Cipher Mining in a research report on Monday, November 24th. Finally, Morgan Stanley assumed coverage on Cipher Mining in a report on Monday, February 9th. They issued an “overweight” rating and a $38.00 price target for the company. Fourteen analysts have rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $24.46.

Cipher Mining Stock Down 3.0%

NASDAQ:CIFR opened at $16.61 on Tuesday. The company has a debt-to-equity ratio of 1.31, a current ratio of 2.49 and a quick ratio of 2.49. The company’s fifty day moving average price is $16.45 and its 200-day moving average price is $15.10. Cipher Mining has a 1-year low of $1.86 and a 1-year high of $25.52. The firm has a market capitalization of $6.56 billion, a P/E ratio of -7.69 and a beta of 2.95.

Insider Transactions at Cipher Mining

In other news, COO Patrick Arthur Kelly sold 35,569 shares of the stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $15.08, for a total transaction of $536,380.52. Following the transaction, the chief operating officer owned 1,151,770 shares in the company, valued at $17,368,691.60. This trade represents a 3.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director James E. Newsome sold 21,821 shares of Cipher Mining stock in a transaction on Friday, December 19th. The shares were sold at an average price of $16.03, for a total transaction of $349,790.63. Following the completion of the sale, the director directly owned 172,492 shares in the company, valued at $2,765,046.76. This represents a 11.23% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 142,825 shares of company stock valued at $2,319,720 in the last three months. 2.63% of the stock is currently owned by company insiders.

Institutional Trading of Cipher Mining

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Millennium Management LLC purchased a new stake in shares of Cipher Mining in the first quarter valued at approximately $9,316,000. Goldman Sachs Group Inc. lifted its position in Cipher Mining by 52.4% during the first quarter. Goldman Sachs Group Inc. now owns 4,680,219 shares of the company’s stock worth $10,765,000 after buying an additional 1,610,073 shares in the last quarter. Teacher Retirement System of Texas boosted its stake in Cipher Mining by 7.9% during the second quarter. Teacher Retirement System of Texas now owns 38,281 shares of the company’s stock worth $183,000 after buying an additional 2,812 shares during the last quarter. Impact Partnership Wealth LLC grew its holdings in Cipher Mining by 7.5% in the 2nd quarter. Impact Partnership Wealth LLC now owns 51,128 shares of the company’s stock valued at $244,000 after buying an additional 3,573 shares in the last quarter. Finally, Harvest Portfolios Group Inc. grew its holdings in Cipher Mining by 141.5% in the 2nd quarter. Harvest Portfolios Group Inc. now owns 162,426 shares of the company’s stock valued at $776,000 after buying an additional 95,170 shares in the last quarter. 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’s management is pitching a long-term pivot to hyperscale/HPC leases and projects a material recurring cash-generation profile (a published plan that cites roughly $669M average annualized NOI through 2036), which supports a valuation case beyond volatile crypto-mining cycles. Article Title
• Positive Sentiment: Cipher sold its 49% stake in the West Texas mining venture to Canaan for $39.75M in stock — a transaction that reduces direct mining exposure, brings a strategic partner, and frees up assets/capital as the company shifts toward hyperscale infrastructure. Article Title
• Neutral Sentiment: Several analysts trimmed price targets but maintained “buy” ratings (HC Wainwright lowered to $25; Needham to $22). That signals continued institutional conviction in the retooling story, but reduced near-term upside expectations. Article Title Article Title
• Neutral Sentiment: Management hosted an earnings call and published a slide deck outlining the HPC pivot and next steps — useful for assessing execution risk but not an immediate earnings offset. Slide Deck
• Neutral Sentiment: Short-interest data in the feed shows 0 shares (likely a reporting anomaly); disregard as a real signal until exchanges confirm updated short data.
• Negative Sentiment: Q4 results materially missed expectations: GAAP net loss (~$734M) and EPS of about -$1.92 vs. consensus around -$0.12, with revenue roughly $59.7M versus estimates near $86M — these misses drove near-term downside as they highlight weak mining revenue and mark-to-market/one-time charges. Article Title
• Negative Sentiment: Revenue and EPS misses, plus negative margins and a large GAAP loss, increase execution and liquidity risk in the near term until hyperscale contracts and asset monetizations materialize. Article Title

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.