Cipher Mining (CIFR) Stock Forecast, Price Target & Predictions

OverviewRevenue Ownership Financials Chart Transcripts

CIFR Stock Forecast

Cipher Mining stock forecast is as follows: an average price target of $7.79 (represents a 21.34% upside from CIFR’s last price of $6.42) and a rating consensus of 'Buy', based on 12 wall street analysts offering a 1-year stock forecast.

CIFR Price Target

The average price target for Cipher Mining (CIFR) is $7.79 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $9.00 to $6.00. This represents a potential 21.34% upside from CIFR's last price of $6.42.

CIFR Analyst Ratings

Buy

According to 12 Wall Street analysts, Cipher Mining's rating consensus is 'Buy'. The analyst rating breakdown for CIFR stock is 0 'Strong Buy' (0.00%), 7 'Buy' (58.33%), 4 'Hold' (33.33%), 1 'Sell' (8.33%), and 0 'Strong Sell' (0.00%).

Cipher Mining Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Sep 25, 2024	Mike Grondahl	Northland Securities	$6.00	$3.90	53.84%	-6.54%
Sep 25, 2024	Joe Flynn	Compass Point	$9.00	$3.44	161.63%	40.19%
Aug 28, 2024	Mike Colonnese	H.C. Wainwright	$7.00	$3.58	95.53%	9.03%
Aug 21, 2024	Joseph Vafi	Canaccord Genuity	$7.00	$3.98	75.88%	9.03%
Aug 14, 2024	John Todaro	Needham	$7.50	$3.65	105.48%	16.82%
Aug 06, 2024	Bill Papanastasiou	Stifel Nicolaus	$9.00	$3.97	126.70%	40.19%
Jun 10, 2024	Brett Knoblauch	Cantor Fitzgerald	$9.00	$4.18	115.31%	40.19%
Jun 06, 2024	Mike Colonnese	H.C. Wainwright	$6.00	$4.04	48.51%	-6.54%
Feb 07, 2023	-	H.C. Wainwright	$3.00	$1.82	64.84%	-53.27%

Row per page

Go to

The latest Cipher Mining stock forecast, released on Sep 25, 2024 by Mike Grondahl from Northland Securities, set a price target of $6.00, which represents a 53.84% increase from the stock price at the time of the forecast ($3.90), and a -6.54% decrease from CIFR last price ($6.42).

Cipher Mining Price Target by Period

	1M	3M	12M
# Anlaysts	-	4	8
Avg Price Target	-	$7.25	$7.56
Last Closing Price	$6.42	$6.42	$6.42
Upside/Downside	-100.00%	12.93%	17.76%

In the current month, the average price target of Cipher Mining stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Cipher Mining's last price of $6.42. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Sep 25, 2024	Needham	Buy	Buy	Hold
Sep 25, 2024	Compass Point	Buy	Buy	Hold
Sep 24, 2024	Macquarie	-	Outperform	Initialise
Sep 03, 2024	Compass Point	Underperform	Underperform	Hold
Aug 28, 2024	H.C. Wainwright	Buy	Buy	Hold
Aug 21, 2024	Canaccord Genuity	Buy	Buy	Hold
Aug 14, 2024	Compass Point	Buy	Buy	Hold
Aug 14, 2024	Cantor Fitzgerald	Underperform	Underperform	Hold
Aug 14, 2024	Needham	Buy	Buy	Hold
Jun 06, 2024	H.C. Wainwright	Underperform	Underperform	Hold

Row per page

Go to

Cipher Mining's last stock rating was published by Needham on Sep 25, 2024. The company gave CIFR a "Buy" rating, the same as its previous rate.

Cipher Mining Financial Forecast

Cipher Mining Revenue Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	$30.30M	$31.22M	$21.89M	$3.04M
Avg Forecast	$170.73M	$148.07M	$143.77M	$130.05M	$117.39M	$90.23M	$65.09M	$52.61M	$39.44M	$28.06M	$38.13M	$50.26M	$40.27M	$33.50M	$32.41M	$22.95M	$3.85M
High Forecast	$191.56M	$166.14M	$161.31M	$145.91M	$131.71M	$101.23M	$73.03M	$55.69M	$43.78M	$31.48M	$38.13M	$50.26M	$45.37M	$33.50M	$36.36M	$25.75M	$4.32M
Low Forecast	$145.45M	$126.15M	$122.49M	$110.79M	$100.01M	$76.87M	$55.45M	$50.26M	$36.73M	$23.91M	$38.13M	$50.26M	$35.16M	$33.50M	$27.61M	$19.56M	$3.28M
# Analysts	4	4	4	4	3	3	3	5	5	4	2	2	4	2	2	2	1
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.90%	0.96%	0.95%	0.79%

Cipher Mining's average Quarter revenue forecast for Dec 23 based on 4 analysts is $40.27M, with a low forecast of $35.16M, and a high forecast of $45.37M. CIFR's average Quarter revenue forecast represents a 32.88% increase compared to the company's last Quarter revenue of $30.30M (Sep 23).

Cipher Mining EBITDA Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22
# Analysts	4	4	4	4	3	3	3	5	5	4	2	2	4	2	2	2	1
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	$-3.55M	$-4.62M	$-1.76M	$-32.31M
Avg Forecast	$56.04M	$48.61M	$47.19M	$42.69M	$38.53M	$29.62M	$21.37M	$17.27M	$12.95M	$9.21M	$12.51M	$16.50M	$13.22M	$11.00M	$10.64M	$7.53M	$1.26M
High Forecast	$62.88M	$54.54M	$52.95M	$47.90M	$43.23M	$33.23M	$23.97M	$18.28M	$14.37M	$10.33M	$12.51M	$16.50M	$14.89M	$11.00M	$11.94M	$8.45M	$1.42M
Low Forecast	$47.75M	$41.41M	$40.21M	$36.37M	$32.83M	$25.23M	$18.20M	$16.50M	$12.06M	$7.85M	$12.51M	$16.50M	$11.54M	$11.00M	$9.06M	$6.42M	$1.08M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.32%	-0.43%	-0.23%	-25.57%

undefined analysts predict CIFR's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Cipher Mining's previous annual EBITDA (undefined) of $NaN.

Cipher Mining Net Income Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22
# Analysts	4	4	4	4	3	3	3	5	5	4	2	2	4	2	2	2	1
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	$-17.71M	$-12.70M	$-6.60M	$-80.82M
Avg Forecast	$-19.79M	$-17.40M	$-14.19M	$-12.56M	$16.89M	$586.51K	$-1.17M	$-6.77M	$-21.96M	$-24.28M	$-13.27M	$311.06K	$-14.13M	$-15.39M	$-8.65M	$831.70K	$-15.53M
High Forecast	$-15.98M	$-14.05M	$-11.46M	$-10.14M	$19.56M	$679.53K	$-943.21K	$-5.07M	$-13.72M	$-19.61M	$-10.72M	$321.87K	$-8.07M	$-12.43M	$-6.98M	$963.60K	$-12.54M
Low Forecast	$-22.93M	$-20.16M	$-16.44M	$-14.55M	$13.64M	$473.62K	$-1.35M	$-8.46M	$-30.19M	$-28.13M	$-15.38M	$300.24K	$-20.18M	$-17.83M	$-10.02M	$671.61K	$-17.99M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	1.15%	1.47%	-7.94%	5.21%

Cipher Mining's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. CIFR's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

Cipher Mining SG&A Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22
# Analysts	4	4	4	4	3	3	3	5	5	4	2	2	4	2	2	2	1
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	$23.90M	$21.34M	$17.42M	$18.99M
Avg Forecast	$1.11B	$962.33M	$934.38M	$845.19M	$762.89M	$586.37M	$423.01M	$341.93M	$256.29M	$182.37M	$247.78M	$326.65M	$261.70M	$217.69M	$210.63M	$149.18M	$25.02M
High Forecast	$1.24B	$1.08B	$1.05B	$948.29M	$855.95M	$657.90M	$474.61M	$361.90M	$284.53M	$204.61M	$247.78M	$326.65M	$294.88M	$217.70M	$236.33M	$167.38M	$28.07M
Low Forecast	$945.29M	$819.84M	$796.03M	$720.05M	$649.93M	$499.55M	$360.38M	$326.65M	$238.71M	$155.36M	$247.78M	$326.65M	$228.52M	$217.69M	$179.44M	$127.09M	$21.32M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.11%	0.10%	0.12%	0.76%

Cipher Mining's average Quarter SG&A projection for Dec 23 is $261.70M, based on 4 Wall Street analysts, with a range of $228.52M to $294.88M. The forecast indicates a 995.07% rise compared to CIFR last annual SG&A of $23.90M (Sep 23).

Cipher Mining EPS Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22
# Analysts	4	4	4	4	3	3	3	5	5	4	2	2	4	2	2	2	1
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	$-0.07	$-0.05	$-0.03	$-0.33
Avg Forecast	$-0.06	$-0.05	$-0.04	$-0.04	$0.05	-	$-0.00	$-0.02	$-0.07	$-0.07	$-0.04	-	$-0.04	$-0.05	$-0.03	-	$-0.05
High Forecast	$-0.05	$-0.04	$-0.03	$-0.03	$0.06	-	$-0.00	$-0.02	$-0.04	$-0.06	$-0.03	-	$-0.02	$-0.04	$-0.02	-	$-0.04
Low Forecast	$-0.07	$-0.06	$-0.05	$-0.04	$0.04	-	$-0.00	$-0.03	$-0.09	$-0.08	$-0.05	-	$-0.06	$-0.05	$-0.03	-	$-0.05
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	1.52%	1.96%	-10.60%	7.07%

According to undefined Wall Street analysts, Cipher Mining's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to CIFR previous annual EPS of $NaN (undefined).

Cipher Mining Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
ARBK	Argo Blockchain	$1.20	$2.88	140.00%	Hold
BITF	Bitfarms	$2.11	$4.26	101.90%	Buy
CLSK	CleanSpark	$13.98	$25.33	81.19%	Buy
HIVE	HIVE Blockchain	$4.31	$6.50	50.81%	Buy
BTBT	Bit Digital	$4.38	$6.50	48.40%	Buy
IREN	Iris Energy	$10.33	$13.44	30.11%	Buy
CIFR	Cipher Mining	$6.42	$7.79	21.34%	Buy
SDIG	Stronghold Digital Mining	$5.16	$6.25	21.12%	Hold
WULF	TeraWulf	$6.95	$7.08	1.87%	Buy
HUT	Hut 8 Mining	$23.14	$14.90	-35.61%	Buy

CIFR Forecast FAQ

Is Cipher Mining a good buy?

Yes, according to 12 Wall Street analysts, Cipher Mining (CIFR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 58.33% of CIFR's total ratings.

What is CIFR's price target?

Cipher Mining (CIFR) average price target is $7.79 with a range of $6 to $9, implying a 21.34% from its last price of $6.42. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Cipher Mining stock go up soon?

According to Wall Street analysts' prediction for CIFR stock, the company can go up by 21.34% (from the last price of $6.42 to the average price target of $7.79), up by 40.19% based on the highest stock price target, and down by -6.54% based on the lowest stock price target.

Can Cipher Mining stock reach $10?

CIFR's average twelve months analyst stock price target of $7.79 does not support the claim that Cipher Mining can reach $10 in the near future.

What are Cipher Mining's analysts' financial forecasts?

Cipher Mining's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $325.31M (high $361.65M, low $282.58M), average EBITDA is $106.79M (high $118.71M, low $92.76M), average net income is $9.54M (high $14.23M, low $4.3M), average SG&A $2.11B (high $2.35B, low $1.84B), and average EPS is $0.0287 (high $0.0428, low $0.0129). CIFR's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $592.63M (high $664.92M, low $504.88M), average EBITDA is $194.53M (high $218.26M, low $165.73M), average net income is $-63.948M (high $-51.639M, low $-74.089M), average SG&A $3.85B (high $4.32B, low $3.28B), and average EPS is $-0.192 (high $-0.155, low $-0.223).

Did the CIFR's actual financial results beat the analysts' financial forecasts?

Based on Cipher Mining's last annual report (Dec 2022), the company's revenue was $3.04M, which missed the average analysts forecast of $3.85M by -21.12%. Apple's EBITDA was $-104M, missing the average prediction of $1.26M by -8335.13%. The company's net income was $-39.053M, beating the average estimation of $-15.525M by 151.55%. Apple's SG&A was $70.84M, beating the average forecast of $25.02M by 183.10%. Lastly, the company's EPS was $-0.16, beating the average prediction of $-0.0467 by 242.85%. In terms of the last quarterly report (Sep 2023), Cipher Mining's revenue was $30.3M, missing the average analysts' forecast of $33.5M by -9.53%. The company's EBITDA was $-3.546M, missing the average prediction of $11M by -132.25%. Cipher Mining's net income was $-17.711M, beating the average estimation of $-15.387M by 15.10%. The company's SG&A was $23.9M, missing the average forecast of $217.69M by -89.02%. Lastly, the company's EPS was $-0.0703, beating the average prediction of $-0.0463 by 51.99%