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

Cipher Mining (NASDAQ:CIFR) had its price objective reduced by stock analysts at Needham & Company LLC to $22.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the stock. Needham & Company LLC’s target price suggests a potential upside of 28.50% from the company’s previous close.

Several other research analysts have also recently issued reports on the stock. JPMorgan Chase & Co. raised shares of Cipher Mining from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $12.00 to $18.00 in a report on Monday, November 24th. Wall Street Zen raised Cipher Mining from a “sell” rating to a “hold” rating in a research report on Saturday. Canaccord Genuity Group reissued a “buy” rating and issued a $27.00 price objective on shares of Cipher Mining in a report on Monday, December 15th. Northland Securities set a $27.50 price objective on Cipher Mining in a research report on Tuesday, November 4th. Finally, Citizens Jmp set a $30.00 price objective on shares of Cipher Mining in a report on Wednesday, November 19th. Fourteen analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Cipher Mining presently has an average rating of “Moderate Buy” and an average price target of $24.46.

Cipher Mining Price Performance

Shares of NASDAQ CIFR opened at $17.12 on Wednesday. Cipher Mining has a 52 week low of $1.86 and a 52 week high of $25.52. The company has a quick ratio of 2.49, a current ratio of 2.49 and a debt-to-equity ratio of 1.31. The firm has a market cap of $6.76 billion, a P/E ratio of -95.11 and a beta of 2.95. The business’s 50 day moving average price is $16.41 and its 200 day moving average price is $15.09.

Insider Buying and Selling

In other Cipher Mining news, Director James E. Newsome sold 21,821 shares of the business’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $16.03, for a total transaction of $349,790.63. Following the completion of the sale, the director directly owned 172,492 shares in the company, valued at approximately $2,765,046.76. The trade was a 11.23% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Patrick Arthur Kelly sold 35,568 shares of the firm’s stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $17.76, for a total value of $631,687.68. Following the completion of the transaction, the chief operating officer owned 1,512,644 shares in the company, valued at approximately $26,864,557.44. This trade represents a 2.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 142,825 shares of company stock worth $2,319,720. Insiders own 2.63% of the company’s stock.

Institutional Trading of Cipher Mining

Large investors have recently bought and sold shares of the business. Vanguard Group Inc. lifted its stake in Cipher Mining by 43.2% in 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 acquired a new stake in shares of Cipher Mining in the 3rd quarter worth $70,524,000. Value Aligned Research Advisors LLC purchased a new position in shares of Cipher Mining during the 3rd quarter worth $64,266,000. Situational Awareness LP boosted its position 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 during the last quarter. Finally, Janus Henderson Group PLC grew its holdings in shares of Cipher Mining by 3,718.3% in the fourth quarter. Janus Henderson Group PLC now owns 4,292,790 shares of the company’s stock valued at $63,359,000 after purchasing an additional 4,180,362 shares during the period. Hedge funds and other institutional investors own 12.26% of the company’s stock.

Cipher Mining News Summary

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

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.