Cipher Mining (NASDAQ:CIFR) Price Target Lowered to $22.00 at Needham & Company LLC

Cipher Mining (NASDAQ:CIFR) had its price target reduced by analysts at Needham & Company LLC to $22.00 in a research note issued on Wednesday,Benzinga reports. The firm currently has a “buy” rating on the stock. Needham & Company LLC’s target price points to a potential upside of 28.50% from the stock’s current price.

A number of other equities analysts have also recently issued reports on the company. Keefe, Bruyette & Woods boosted their price objective on Cipher Mining from $13.00 to $22.00 and gave the company a “moderate buy” rating in a report on Tuesday, January 27th. Rosenblatt Securities raised their price target on shares of Cipher Mining to $33.00 and gave the stock a “buy” rating in a research note on Tuesday, November 4th. BTIG Research reiterated a “buy” rating and set a $25.00 price objective on shares of Cipher Mining in a report on Wednesday, November 5th. Morgan Stanley began coverage on shares of Cipher Mining in a research report on Monday, February 9th. They issued an “overweight” rating and a $38.00 price objective for the company. Finally, Citizens Jmp set a $30.00 target price on shares of Cipher Mining in a research report on Wednesday, November 19th. Fourteen research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $24.46.

Cipher Mining Stock Up 12.5%

Shares of NASDAQ CIFR opened at $17.12 on Wednesday. Cipher Mining has a 1 year low of $1.86 and a 1 year high of $25.52. The firm has a 50-day simple moving average of $16.41 and a two-hundred day simple moving average of $15.09. The company has a market cap of $6.76 billion, a P/E ratio of -95.11 and a beta of 2.95. The company has a debt-to-equity ratio of 1.31, a current ratio of 2.49 and a quick ratio of 2.49.

Insider Activity

In other news, Director James E. Newsome sold 21,821 shares of the business’s stock in a transaction on Friday, December 19th. The stock was sold at an average price of $16.03, for a total value of $349,790.63. Following the completion of the transaction, the director directly owned 172,492 shares of the company’s stock, valued at approximately $2,765,046.76. The trade was a 11.23% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Patrick Arthur Kelly sold 35,569 shares of the firm’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $15.08, for a total value of $536,380.52. Following the sale, the chief operating officer directly owned 1,151,770 shares in the company, valued at approximately $17,368,691.60. The trade was a 3.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 142,825 shares of company stock worth $2,319,720. Corporate insiders own 2.63% of the company’s stock.

Institutional Trading of Cipher Mining

Institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. increased its position in Cipher Mining by 996.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,227,021 shares of the company’s stock valued at $10,645,000 after buying an additional 2,023,994 shares in the last quarter. Thames Capital Management LLC purchased a new position in shares of Cipher Mining in the 3rd quarter valued at approximately $19,070,000. Legal & General Group Plc boosted its stake in Cipher Mining by 33.4% in the 2nd quarter. Legal & General Group Plc now owns 298,446 shares of the company’s stock worth $1,427,000 after purchasing an additional 74,744 shares in the last quarter. Soros Fund Management LLC grew its position in Cipher Mining by 67.5% during the 2nd 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 last quarter. Finally, Two Seas Capital LP acquired a new position in Cipher Mining during the 2nd quarter valued at approximately $1,195,000. 12.26% of the stock is currently owned by institutional investors.

Trending Headlines about Cipher Mining

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

• Positive Sentiment: Cipher’s announced rebrand and pivot to HPC/hyperscale data‑center leases frames a multi‑year growth narrative (large, recurring lease NOI vs. cyclical mining revenue). Investors are treating the strategic shift as a transformational, higher‑margin business model. Cipher Digital Rebrands and Pivots to HPC Data Centers
• Positive Sentiment: Management disclosed an ambitious projection — Seeking Alpha reports a plan targeting roughly $669M average annualized NOI through 2036 from hyperscale leases, which underpins the bullish long‑term thesis if execution and lease demand materialize. Cipher Digital plans $669M average annualized NOI through 2036 as it pivots to hyperscale data center leases
• Positive Sentiment: Cipher sold its 49% interest in multiple West Texas mining projects to Canaan for $39.75M in stock (includes 6,840 Avalon rigs). That deal reduces Cipher’s direct operating exposure in lower‑margin mining ops and brings a strategic partner/shareholder alignment. Canaan Inc. Acquires Cipher Mining’s Interest in Multiple Operational Mining Projects Totaling ~4.4 EH/s in West Texas
• Neutral Sentiment: Transcript, slide deck and call summaries are available for investors to assess detail on the pivot, capital plan and near‑term cadence — useful but not a catalyst by themselves. Cipher Mining (CIFR) Q4 2025 Earnings Transcript
• Neutral Sentiment: Coverage notes the stock is highly shorted and volatility can be amplified by short covering and headline reaction to the strategic shift. Traders should expect swings while the market re‑prices the company’s new identity. Highly shorted stock Cipher Digital soars Tuesday – here’s why
• Negative Sentiment: Q4 results materially missed estimates: EPS of ($1.92) vs. consensus (~($0.12)) and revenue ~$59.7M vs. ~$86M expected — a large near‑term disappointment that pressures short‑term profitability and raises execution risk. Cipher Mining Inc. (CIFR) Reports Q4 Loss, Misses Revenue Estimates
• Negative Sentiment: Several outlets highlight that parts of the rebrand and messaging fell short of analyst expectations and that the market must see consistent lease wins and improved near‑term results to fully embrace the pivot. Execution and near‑term cash flow remain key risks. Cipher Digital (CIFR) Stock Drops on Earnings Miss as AWS Deal Takes Center Stage

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.