Cipher Mining (NASDAQ:CIFR) Raised to “Strong-Buy” at Jefferies Financial Group

Cipher Mining (NASDAQ:CIFR) was upgraded by stock analysts at Jefferies Financial Group to a “strong-buy” rating in a report issued on Thursday,Zacks.com reports.

A number of other brokerages have also recently commented on CIFR. Keefe, Bruyette & Woods lifted their price objective on Cipher Mining from $23.00 to $27.00 and gave the stock an “outperform” rating in a research note on Thursday, May 7th. Zacks Research upgraded shares of Cipher Mining from a “strong sell” rating to a “hold” rating in a research report on Wednesday, March 25th. BTIG Research restated a “buy” rating and issued a $25.00 price objective on shares of Cipher Mining in a research report on Wednesday, May 6th. Rosenblatt Securities upped their price objective on shares of Cipher Mining from $24.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Finally, Needham & Company LLC restated a “buy” rating and issued a $22.00 price objective on shares of Cipher Mining in a research report on Wednesday, March 25th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $26.67.

Cipher Mining Stock Up 4.9%

Shares of Cipher Mining stock opened at $22.29 on Thursday. The company has a quick ratio of 3.13, a current ratio of 3.13 and a debt-to-equity ratio of 6.13. Cipher Mining has a 12 month low of $3.02 and a 12 month high of $25.52. The business has a fifty day simple moving average of $16.50 and a 200 day simple moving average of $16.92. The stock has a market cap of $9.12 billion, a PE ratio of -9.57 and a beta of 3.13.

Cipher Mining (NASDAQ:CIFR) last announced its quarterly earnings data on Tuesday, May 5th. The company reported ($0.28) EPS for the quarter, missing analysts’ consensus estimates of ($0.27) by ($0.01). Cipher Mining had a negative return on equity of 117.65% and a negative net margin of 427.79%.The company had revenue of $34.84 million for the quarter, compared to analyst estimates of $36.12 million. The firm’s revenue was down 28.8% compared to the same quarter last year. Research analysts predict that Cipher Mining will post -0.9 EPS for the current year.

Insiders Place Their Bets

In related news, Director James E. Newsome sold 45,161 shares of the company’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $15.74, for a total value of $710,834.14. Following the completion of the sale, the director owned 127,331 shares in the company, valued at $2,004,189.94. This represents a 26.18% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Cary M. Grossman sold 20,000 shares of the company’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $21.82, for a total transaction of $436,400.00. Following the completion of the sale, the director owned 150,530 shares of the company’s stock, valued at approximately $3,284,564.60. This represents a 11.73% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 244,398 shares of company stock worth $4,276,690 over the last 90 days. 2.63% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Cipher Mining

A number of large investors have recently added to or reduced their stakes in CIFR. Sherman Asset Management Inc. bought a new position in Cipher Mining during the 3rd quarter worth about $25,000. Los Angeles Capital Management LLC bought a new position in Cipher Mining during the 4th quarter worth about $25,000. Arax Advisory Partners increased its holdings 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 purchasing an additional 1,338 shares in the last quarter. GAMMA Investing LLC increased its holdings in Cipher Mining by 218.3% during the 4th quarter. GAMMA Investing LLC now owns 1,875 shares of the company’s stock worth $28,000 after purchasing an additional 1,286 shares in the last quarter. Finally, Meeder Asset Management Inc. bought a new position in Cipher Mining during the 4th quarter worth about $28,000. Institutional investors own 12.26% of the company’s stock.

More Cipher Mining News

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

• Positive Sentiment: HC Wainwright raised its earnings estimates for Cipher Mining for Q2, Q3, Q4, and full-year 2026, while maintaining a Buy rating and a $30 price target, signaling confidence in the company’s outlook.
• Positive Sentiment: Northland Securities also nudged up its Q2 2026 EPS estimate, suggesting slightly better near-term performance than previously expected.
• Positive Sentiment: An Investopedia article highlighted Bitcoin miners with AI exposure as potential winners, reinforcing the broader market narrative that has helped support Cipher Mining shares. Bitcoin Miners That Got Into AI Have Soaring Stocks. These Experts See More Gains Ahead
• Neutral Sentiment: Cipher Mining COO Patrick Arthur Kelly sold 48,000 shares at $19.36, a disclosure that can create some overhang but was relatively small compared with his remaining stake.
• Negative Sentiment: Northland also cut its FY2026 earnings estimate, and its latest projections still point to losses, which keeps fundamental pressure on the stock despite the recent analyst upgrades.
• Negative Sentiment: Recent company operating results were weak, with the most recent quarterly report missing estimates on both EPS and revenue, reminding investors that Cipher is still unprofitable.

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.