Rosenblatt Securities Reiterates Buy Rating for Cipher Mining (NASDAQ:CIFR)

Cipher Mining (NASDAQ:CIFR)‘s stock had its “buy” rating reaffirmed by research analysts at Rosenblatt Securities in a research report issued on Thursday,Benzinga reports. They presently have a $24.00 target price on the stock. Rosenblatt Securities’ price objective points to a potential upside of 69.15% from the company’s current price.

Several other research firms also recently weighed in on CIFR. HC Wainwright dropped their price objective on Cipher Mining to $25.00 and set a “buy” rating for the company in a research note on Wednesday, February 25th. Wall Street Zen lowered Cipher Mining from a “hold” rating to a “strong sell” rating in a report on Sunday, March 1st. Keefe, Bruyette & Woods dropped their price target on Cipher Mining from $22.00 to $20.00 and set an “outperform” rating for the company in a research report on Wednesday, March 11th. Needham & Company LLC reiterated a “buy” rating and issued a $22.00 price objective on shares of Cipher Mining in a research report on Wednesday. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Cipher Mining in a research note on Monday, December 29th. Fourteen equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $23.68.

Cipher Mining Price Performance

CIFR traded down $1.69 on Thursday, hitting $14.19. 18,916,226 shares of the company were exchanged, compared to its average volume of 29,122,303. The company has a debt-to-equity ratio of 3.37, a quick ratio of 3.79 and a current ratio of 3.79. The business’s fifty day moving average is $15.87 and its 200 day moving average is $16.27. Cipher Mining has a fifty-two week low of $1.86 and a fifty-two week high of $25.52. The firm has a market capitalization of $5.75 billion, a P/E ratio of -6.58 and a beta of 2.96.

Insider Activity at Cipher Mining

In other Cipher Mining news, Director Cary M. Grossman sold 30,000 shares of the firm’s stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $14.54, for a total transaction of $436,200.00. Following the sale, the director directly owned 170,530 shares of the company’s stock, valued at $2,479,506.20. This trade represents a 14.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Patrick Arthur Kelly sold 35,568 shares of Cipher Mining stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $14.98, for a total transaction of $532,808.64. Following the sale, the chief operating officer owned 1,441,508 shares of the company’s stock, valued at approximately $21,593,789.84. This trade represents a 2.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 146,297 shares of company stock valued at $2,311,530 over the last quarter. Insiders own 2.63% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of CIFR. Vanguard Group Inc. increased its position in Cipher Mining by 43.2% during the 4th quarter. Vanguard Group Inc. now owns 32,680,186 shares of the company’s stock worth $482,360,000 after purchasing an additional 9,865,533 shares in the last quarter. Voloridge Investment Management LLC purchased a new position in shares of Cipher Mining in the 3rd quarter valued at $70,524,000. Value Aligned Research Advisors LLC acquired a new position in shares of Cipher Mining during the 3rd quarter valued at $64,266,000. Situational Awareness LP lifted its holdings in shares of Cipher Mining by 82.4% during the 4th quarter. Situational Awareness LP now owns 10,469,093 shares of the company’s stock valued at $154,524,000 after acquiring an additional 4,728,600 shares in the last quarter. Finally, Janus Henderson Group PLC boosted its position in Cipher Mining by 3,718.3% during the 4th quarter. Janus Henderson Group PLC now owns 4,292,790 shares of the company’s stock worth $63,359,000 after purchasing an additional 4,180,362 shares during the period. 12.26% of the stock is currently owned by institutional investors and hedge funds.

More Cipher Mining News

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

• Positive Sentiment: Announced a new 15‑year data‑center campus lease with an investment‑grade hyperscale tenant and secured a revolving credit facility of up to $200 million — improves long‑term revenue visibility and near‑term liquidity for expansion. Cipher Digital Announces Business Updates
• Positive Sentiment: Brokerage support: Needham reaffirmed a “buy” rating with a $22 price target, signaling analyst conviction and potential upside vs. current levels. Benzinga
• Positive Sentiment: Media coverage (Barron’s) frames the hyperscaler lease as evidence of rising AI/datacenter demand — a narrative that can re‑rate data‑center multiples and attract institutional interest. Cipher Digital Stock Jumps on Hyperscaler Deal. A New Signal for AI Demand.
• Positive Sentiment: Coverage highlighting an “AI pivot” plus the fresh liquidity boost has put CIFR back on traders’ radars, supporting momentum buying. CIFR stock back on traders’ radar
• Neutral Sentiment: Wall‑street analyst commentary is broadly constructive but mixed across firms; coverage can amplify moves without immediate changes to fundamentals. Wall Street Bulls Look Optimistic About Cipher Digital Inc. (CIFR)
• Neutral Sentiment: Recent short‑interest data in feeds is inconsistent/zeroed out and does not provide a clear signal on bearish positioning at present; not a clear driver this session.
• Negative Sentiment: Insider selling: Director Cary M. Grossman sold 30,000 shares (~14.96% reduction in his reported stake), a move investors may interpret as profit‑taking or a negative signal amid recent strength. SEC Form 4 – Insider Sale
• Negative Sentiment: Broader sector sensitivity: coverage noting that a decline in Bitcoin’s price is weighing on crypto‑mining stocks generally — a macro driver that can quickly pressure CIFR despite company‑specific positives. Cipher Mining Falls 9%… Is Bitcoin’s Price Move Punishing Crypto Mining Stocks?

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.