Cipher Mining (CIFR) Stock Forecast, Price Target & Predictions
CIFR Stock Forecast
Cipher Mining stock forecast is as follows: an average price target of $7.90 (represents a 155.66% upside from CIFR’s last price of $3.09) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.
CIFR Price Target
The average price target for Cipher Mining (CIFR) is $7.90 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $9.00 to $7.00. This represents a potential 155.66% upside from CIFR's last price of $3.09.
CIFR Analyst Ratings
According to 10 Wall Street analysts, Cipher Mining's rating consensus is 'Buy'. The analyst rating breakdown for CIFR stock is 0 'Strong Buy' (0.00%), 5 'Buy' (50.00%), 4 'Hold' (40.00%), 1 'Sell' (10.00%), 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 |
|---|---|---|---|---|---|---|
| Aug 28, 2024 | Mike Colonnese | H.C. Wainwright | $7.00 | $3.58 | 95.53% | 126.54% |
| Aug 21, 2024 | Joseph Vafi | Canaccord Genuity | $7.00 | $3.98 | 75.88% | 126.54% |
| Aug 14, 2024 | John Todaro | Needham | $7.50 | $3.65 | 105.48% | 142.72% |
| Aug 06, 2024 | Bill Papanastasiou | Stifel Nicolaus | $9.00 | $3.97 | 126.70% | 191.26% |
| Jun 10, 2024 | Brett Knoblauch | Cantor Fitzgerald | $9.00 | $4.18 | 115.31% | 191.26% |
| Jun 06, 2024 | Mike Colonnese | H.C. Wainwright | $6.00 | $4.04 | 48.51% | 94.17% |
| Feb 07, 2023 | - | H.C. Wainwright | $3.00 | $1.82 | 64.84% | -2.91% |
The latest Cipher Mining stock forecast, released on Aug 28, 2024 by Mike Colonnese from H.C. Wainwright, set a price target of $7.00, which represents a 95.53% increase from the stock price at the time of the forecast ($3.58), and a 126.54% increase from CIFR last price ($3.09).
Cipher Mining Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 4 | 6 |
| Avg Price Target | $7.00 | $7.63 | $7.58 |
| Last Closing Price | $3.09 | $3.09 | $3.09 |
| Upside/Downside | 126.54% | 146.93% | 145.31% |
In the current month, the average price target of Cipher Mining stock is $7.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 126.54% increase as opposed to Cipher Mining's last price of $3.09. This month's average price target is down -8.26% compared to last quarter, and down -7.65% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 |
| Jun 06, 2024 | Needham | Buy | Buy | Hold |
| Jun 06, 2024 | H.C. Wainwright | Buy | Buy | Hold |
| May 09, 2024 | Compass Point | Buy | Buy | Hold |
Cipher Mining's last stock rating was published by Compass Point on Sep 03, 2024. The company gave CIFR a "Underperform" 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 | $147.49M | $108.51M | $114.30M | $111.59M | $134.96M | $101.81M | $76.39M | $59.98M | $44.26M | $29.80M | $38.13M | $50.26M | $40.27M | $33.50M | $32.41M | $22.95M | $3.85M |
| High Forecast | $168.80M | $124.19M | $130.82M | $127.72M | $154.46M | $116.52M | $87.43M | $68.65M | $50.66M | $31.00M | $43.63M | $57.52M | $45.37M | $38.34M | $37.09M | $26.27M | $4.41M |
| Low Forecast | $130.03M | $95.67M | $100.78M | $98.39M | $118.99M | $89.76M | $67.35M | $52.88M | $39.02M | $27.53M | $33.61M | $44.31M | $35.16M | $29.53M | $28.57M | $20.24M | $3.39M |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 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 | 3 | 4 | 5 | 4 | 2 | 4 | 2 | 2 | 2 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $-3.55M | $-4.62M | $-1.76M | $-32.31M |
| Avg Forecast | $35.17M | $25.88M | $27.26M | $26.61M | $32.19M | $24.28M | $18.22M | $14.31M | $10.56M | $7.11M | $9.09M | $11.99M | $9.60M | $7.99M | $7.73M | $5.47M | $918.18K |
| High Forecast | $40.26M | $29.62M | $31.20M | $30.46M | $36.84M | $27.79M | $20.85M | $16.37M | $12.08M | $7.39M | $10.41M | $13.72M | $10.82M | $9.14M | $8.85M | $6.27M | $1.05M |
| Low Forecast | $31.01M | $22.82M | $24.03M | $23.46M | $28.38M | $21.41M | $16.06M | $12.61M | $9.31M | $6.57M | $8.02M | $10.57M | $8.39M | $7.04M | $6.81M | $4.83M | $809.53K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.44% | -0.60% | -0.32% | -35.19% |
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 | 3 | 4 | 5 | 4 | 2 | 4 | 2 | 2 | 2 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $-17.71M | $-12.70M | $-6.60M | $-80.82M |
| Avg Forecast | - | - | - | - | $38.98M | $9.43M | $16.35M | $628.71K | $-16.36M | $-22.41M | $-12.54M | $293.92K | $-13.35M | $-14.54M | $-8.17M | $785.88K | $-14.67M |
| High Forecast | - | - | - | - | $46.30M | $11.20M | $19.42M | $746.80K | $-13.84M | $-3.73M | $-10.61M | $349.13K | $-7.63M | $-12.30M | $-6.92M | $933.50K | $-12.41M |
| Low Forecast | - | - | - | - | $32.98M | $7.98M | $13.83M | $531.99K | $-19.43M | $-37.35M | $-14.90M | $248.70K | $-19.07M | $-17.27M | $-9.71M | $664.98K | $-17.43M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.22% | 1.55% | -8.40% | 5.51% |
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 | 3 | 4 | 5 | 4 | 2 | 4 | 2 | 2 | 2 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $23.90M | $21.34M | $17.42M | $18.99M |
| Avg Forecast | $957.93M | $704.78M | $742.41M | $724.80M | $876.56M | $661.28M | $496.16M | $389.59M | $287.49M | $193.52M | $247.63M | $326.45M | $261.54M | $217.56M | $210.50M | $149.09M | $25.01M |
| High Forecast | $1.10B | $806.61M | $849.68M | $829.52M | $1.00B | $756.83M | $567.85M | $445.88M | $329.03M | $201.35M | $283.41M | $373.62M | $294.70M | $249.00M | $240.92M | $170.63M | $28.62M |
| Low Forecast | $844.57M | $621.38M | $654.56M | $639.03M | $772.83M | $583.03M | $437.44M | $343.49M | $253.47M | $178.81M | $218.32M | $287.82M | $228.38M | $191.82M | $185.59M | $131.45M | $22.05M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.11% | 0.10% | 0.12% | 0.76% |
Cipher Mining's average Quarter SG&A projection for Dec 23 is $261.54M, based on 4 Wall Street analysts, with a range of $228.38M to $294.70M. The forecast indicates a 994.41% 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 | 3 | 4 | 5 | 4 | 2 | 4 | 2 | 2 | 2 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.07 | $-0.05 | $-0.03 | $-0.33 |
| Avg Forecast | - | - | - | - | $0.12 | $0.03 | $0.05 | - | $-0.05 | $-0.07 | $-0.04 | - | $-0.04 | $-0.05 | $-0.03 | - | $-0.05 |
| High Forecast | - | - | - | - | $0.15 | $0.04 | $0.06 | - | $-0.04 | $-0.01 | $-0.03 | - | $-0.02 | $-0.04 | $-0.02 | - | $-0.04 |
| Low Forecast | - | - | - | - | $0.10 | $0.03 | $0.04 | - | $-0.06 | $-0.12 | $-0.05 | - | $-0.06 | $-0.05 | $-0.03 | - | $-0.06 |
| 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 |
|---|---|---|---|---|---|
| CLSK | CleanSpark | $9.38 | $25.33 | 170.04% | Buy |
| CIFR | Cipher Mining | $3.09 | $7.90 | 155.66% | Buy |
| ARBK | Argo Blockchain | $1.17 | $2.88 | 146.15% | Hold |
| BTBT | Bit Digital | $2.87 | $6.00 | 109.06% | Buy |
| BITF | Bitfarms | $2.04 | $4.26 | 108.82% | Buy |
| IREN | Iris Energy | $7.56 | $13.36 | 76.72% | Buy |
| HIVE | HIVE Blockchain | $3.08 | $5.00 | 62.34% | Buy |
| WULF | TeraWulf | $4.24 | $6.08 | 43.40% | Buy |
| HUT | Hut 8 Mining | $11.24 | $15.70 | 39.68% | Buy |
| SDIG | Stronghold Digital Mining | $4.61 | $6.25 | 35.57% | Hold |
CIFR Forecast FAQ
Is Cipher Mining a good buy?
Yes, according to 10 Wall Street analysts, Cipher Mining (CIFR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 50.00% of CIFR's total ratings.
What is CIFR's price target?
Cipher Mining (CIFR) average price target is $7.9 with a range of $7 to $9, implying a 155.66% from its last price of $3.09. The data is based on 10 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 155.66% (from the last price of $3.09 to the average price target of $7.9), up by 191.26% based on the highest stock price target, and up by 126.54% based on the lowest stock price target.
Can Cipher Mining stock reach $5?
CIFR's average twelve months analyst stock price target of $7.9 supports the claim that Cipher Mining can reach $5 in the near future.
What is Cipher Mining's current price target trend?
2 Wall Street analysts forecast a $7 price target for Cipher Mining (CIFR) this month, up 126.54% from its last price of $3.09. Compared to the last 3 and 12 months, the average price target increased by 146.93% and increased by 145.31%, respectively.
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 $373.14M (high $427.06M, low $328.99M), average EBITDA is $88.99M (high $101.85M, low $78.46M), average net income is $65.39M (high $77.67M, low $55.33M), average SG&A $2.42B (high $2.77B, low $2.14B), and average EPS is $0.208 (high $0.247, low $0.176). CIFR's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $481.89M (high $551.52M, low $424.87M), average EBITDA is $114.93M (high $131.53M, low $101.33M), average net income is $0 (high $0, low $0), average SG&A $3.13B (high $3.58B, low $2.76B), and average EPS is $0 (high $0, low $0).
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 $918.18K by -11434.75%. The company's net income was $-39.053M, beating the average estimation of $-14.67M by 166.21%. Apple's SG&A was $70.84M, beating the average forecast of $25.01M by 183.28%. 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 $7.99M by -144.39%. Cipher Mining's net income was $-17.711M, beating the average estimation of $-14.54M by 21.81%. The company's SG&A was $23.9M, missing the average forecast of $217.56M by -89.02%. Lastly, the company's EPS was $-0.0703, beating the average prediction of $-0.0463 by 51.99%