Cipher Mining (NASDAQ:CIFR) Price Target Cut to $19.00 by Analysts at Rosenblatt Securities

Cipher Mining (NASDAQ:CIFR) had its target price reduced by analysts at Rosenblatt Securities from $30.00 to $19.00 in a research report issued on Tuesday, Benzinga reports. The firm presently has a “buy” rating on the stock. Rosenblatt Securities‘s price objective points to a potential upside of 176.97% from the company’s previous close.

Several other analysts have also weighed in on CIFR. UBS Group reissued an “overweight” rating on shares of Cipher Mining in a report on Tuesday. Freedom Capital raised Cipher Mining to a “hold” rating in a report on Friday, September 18th. Keefe, Bruyette & Woods decreased their target price on Cipher Mining from $32.00 to $28.00 and set an “outperform” rating for the company in a research report on Thursday, August 6th. Rothschild & Co Redburn initiated coverage on Cipher Mining in a report on Monday, September 21st. They issued a “neutral” rating and a $18.00 price target for the company. Finally, Chardan Capital reissued a “buy” rating and set a $32.00 price target on shares of Cipher Mining in a research report on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Cipher Mining has an average rating of “Moderate Buy” and an average target price of $27.18.

Cipher Mining Price Performance

Shares of CIFR stock opened at $6.86 on Tuesday. The firm has a fifty day moving average of $13.99 and a two-hundred day moving average of $17.70. The firm has a market cap of $2.85 billion, a P/E ratio of -2.40 and a beta of 3.20. Cipher Mining has a 1-year low of $6.62 and a 1-year high of $30.14. The company has a debt-to-equity ratio of 9.69, a current ratio of 3.00 and a quick ratio of 3.00.

Cipher Mining (NASDAQ:CIFR) last issued its earnings results on Monday, November 2nd. The company reported ($0.22) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.25) by $0.03. Cipher Mining had a negative net margin of 585.75% and a negative return on equity of 156.28%. The business had revenue of $26.70 million for the quarter, compared to analyst estimates of $39.31 million. During the same quarter in the prior year, the business posted $0.10 EPS. The company’s revenue for the quarter was down 62.8% on a year-over-year basis. As a group, research analysts anticipate that Cipher Mining will post -1.36 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Cipher Mining

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. CoreCap Advisors LLC raised its position in shares of Cipher Mining by 41.7% during the 2nd quarter. CoreCap Advisors LLC now owns 1,700 shares of the company’s stock worth $42,000 after purchasing an additional 500 shares during the period. Abel Hall LLC lifted its holdings in shares of Cipher Mining by 3.8% in the 1st quarter. Abel Hall LLC now owns 20,140 shares of the company’s stock worth $259,000 after purchasing an additional 739 shares during the last quarter. Rathbones Group PLC boosted its position in Cipher Mining by 7.0% during the 1st quarter. Rathbones Group PLC now owns 11,495 shares of the company’s stock valued at $148,000 after purchasing an additional 750 shares during the period. DKM Wealth Management Inc. boosted its position in Cipher Mining by 5.8% during the 3rd quarter. DKM Wealth Management Inc. now owns 14,152 shares of the company’s stock valued at $224,000 after purchasing an additional 771 shares during the period. Finally, Navellier & Associates Inc. grew its stake in Cipher Mining by 3.7% during the 2nd quarter. Navellier & Associates Inc. now owns 25,230 shares of the company’s stock worth $618,000 after buying an additional 901 shares during the last quarter. 12.26% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Cipher Mining

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

• Positive Sentiment: Cipher Mining reported a third-quarter loss of $0.22 per share, narrower than the consensus loss estimate of $0.25–$0.31. However, the result was still weaker than the $0.01-per-share loss reported a year earlier. Zacks earnings report
• Positive Sentiment: The company began generating HPC rental revenue, including approximately $5.9 million in the quarter, supporting its strategy to shift from Bitcoin mining toward data-center and AI infrastructure. Seeking Alpha characterized the earnings report as a loss beat with HPC operations starting up. Seeking Alpha earnings report
• Positive Sentiment: H.C. Wainwright said the selloff creates an attractive entry point, offering some support for the long-term HPC conversion thesis. H.C. Wainwright commentary
• Neutral Sentiment: Management emphasized that Cipher is not a traditional “neocloud” company, suggesting investors should evaluate it primarily as an infrastructure and data-center operator rather than a pure AI software or cloud provider. Yahoo Finance earnings reaction
• Negative Sentiment: Third-quarter revenue was $26.7 million, well below the $39.31 million analyst estimate and down 62.8% year over year. Bitcoin-mining revenue fell approximately 71%, while initial HPC rent replaced only a fraction of the lost revenue. 247 Wall St. earnings analysis
• Negative Sentiment: High leverage remains a major concern: approximately $5.6 billion of borrowings contributed to roughly $59 million in quarterly interest expense before the new data halls reach full rental capacity. Motley Fool earnings reaction
• Negative Sentiment: Keefe Bruyette reduced its price target to $11 from $28, reflecting a significant valuation reset after the revenue miss and uncertainty around the pace of the HPC transition. Keefe Bruyette price-target change

About Cipher Mining

Cipher Mining Inc (NASDAQ: CIFR) is a bitcoin mining company that develops and operates large-scale data center infrastructure in the United States. The company uses specialized application-specific integrated circuit (ASIC) computers to validate transactions on the Bitcoin network and earn bitcoin rewards.

Cipher focuses on securing access to cost-effective power, building and managing mining facilities, and deploying high-performance computing equipment. Its operations are supported by power infrastructure, cooling systems, networking equipment and other data center technologies required for energy-intensive digital asset mining.

The company was formed through the combination of Cipher Mining Technologies Inc and Good Works Acquisition Corp.