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

Cipher Mining (NASDAQ:CIFR)‘s stock had its “buy” rating reiterated by investment analysts at Rosenblatt Securities in a research report issued to clients and investors on Wednesday,Benzinga reports. They currently have a $30.00 price objective on the stock. Rosenblatt Securities’ price target points to a potential upside of 47.20% from the stock’s current price.

Other equities analysts have also recently issued reports about the stock. Needham & Company LLC lifted their price target on shares of Cipher Mining from $22.00 to $25.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Sanford C. Bernstein began coverage on Cipher Mining in a research note on Wednesday, June 3rd. They set an “outperform” rating and a $32.00 target price on the stock. Keefe, Bruyette & Woods raised their price target on Cipher Mining from $27.00 to $32.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 28th. Cantor Fitzgerald cut their price objective on Cipher Mining from $24.00 to $22.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. Finally, Morgan Stanley decreased their target price on Cipher Mining from $48.50 to $47.00 and set an “overweight” rating for the company in a research report on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $28.74.

Cipher Mining Trading Down 15.6%

Shares of NASDAQ CIFR opened at $20.38 on Wednesday. Cipher Mining has a 1-year low of $4.55 and a 1-year high of $30.14. The company has a debt-to-equity ratio of 6.13, a current ratio of 3.13 and a quick ratio of 3.13. The business’s 50 day moving average is $23.33 and its two-hundred day moving average is $19.14. The stock has a market capitalization of $8.34 billion, a P/E ratio of -8.75 and a beta of 3.20.

Cipher Mining (NASDAQ:CIFR) last announced its earnings results on Tuesday, August 4th. The company reported ($0.65) EPS for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.41). Cipher Mining had a negative return on equity of 117.65% and a negative net margin of 427.79%.The company had revenue of $24.84 million during the quarter, compared to analysts’ expectations of $31.86 million. During the same quarter last year, the firm posted ($0.12) EPS. As a group, research analysts expect that Cipher Mining will post -0.79 EPS for the current year.

Insiders Place Their Bets

In other news, Director Wesley Hastie Williams sold 14,567 shares of the stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $21.41, for a total transaction of $311,879.47. Following the completion of the sale, the director owned 115,409 shares in the company, valued at approximately $2,470,906.69. This represents a 11.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Patrick Arthur Kelly sold 48,000 shares of the firm’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $19.36, for a total value of $929,280.00. Following the completion of the sale, the chief operating officer directly owned 1,451,856 shares of the company’s stock, valued at $28,107,932.16. The trade was a 3.20% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 3,197,167 shares of company stock valued at $82,740,496. 3.09% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in CIFR. CoreCap Advisors LLC increased its holdings in shares of Cipher Mining by 41.7% in the second quarter. CoreCap Advisors LLC now owns 1,700 shares of the company’s stock valued at $42,000 after purchasing an additional 500 shares during the period. Los Angeles Capital Management LLC acquired a new stake in shares of Cipher Mining during the fourth quarter worth about $25,000. Arax Advisory Partners boosted its position in Cipher Mining by 274.2% in the fourth quarter. Arax Advisory Partners now owns 1,826 shares of the company’s stock valued at $27,000 after buying an additional 1,338 shares during the last quarter. Meeder Asset Management Inc. purchased a new stake in Cipher Mining in the fourth quarter valued at approximately $28,000. Finally, Harbor Investment Advisory LLC purchased a new stake in Cipher Mining in the second quarter valued at approximately $58,000. 12.26% of the stock is owned by institutional investors and hedge funds.

Key Cipher Mining News

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

• Positive Sentiment: Data-center growth plans remain a major catalyst. Cipher accelerated initial capacity delivery at its Black Pearl campus at the request of its investment-grade hyperscale tenant, acquired an option for a 900-megawatt site near San Antonio, Texas, and completed project-level financing intended to fully fund development of its third data center. Cipher Digital Provides Second Quarter 2026 Business Update
• Positive Sentiment: Analysts remain optimistic despite the weak quarter. Chardan Capital reaffirmed its “buy” rating and set a $32 price target, while brokerage estimates compiled in a separate report average $28.74. These targets imply meaningful potential upside if Cipher executes its data-center strategy. Brokerages Set Cipher Mining Inc. Price Target at $28.74
• Neutral Sentiment: Options activity pointed to increased speculative interest. Traders purchased 149,349 call options, 39% above typical daily call volume. The activity may reflect bullish positioning, but it does not guarantee sustained buying in the stock.
• Negative Sentiment: Second-quarter results fell well short of expectations. Cipher reported a loss of $0.65 per share versus the consensus loss estimate of $0.24 and revenue of $24.84 million versus expectations of $31.86 million. The loss also widened from $0.12 per share a year earlier. Cipher Digital Reports Q2 Loss and Lags Revenue Estimates
• Negative Sentiment: Profitability remains deeply negative. Cipher posted a negative net margin of 427.79% and negative return on equity of 117.65%. The earnings call also highlighted accounting-related noise, adding uncertainty while the company transitions toward larger-scale data-center operations.

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.