Cipher Mining Inc. (CIFR)
NASDAQ: CIFR · IEX Real-Time Price · USD
4.580
-0.140 (-2.97%)
At close: Jul 2, 2024, 4:00 PM
4.600
+0.020 (0.44%)
After-hours: Jul 2, 2024, 7:59 PM EDT
Cipher Mining Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Cipher Mining stock have an average target of 6.17, with a low estimate of 5.00 and a high estimate of 9.00. The average target predicts an increase of 34.72% from the current stock price of 4.58.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Cipher Mining stock from 7 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 4 |
| Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Initiates $5 → $9 | Buy | Initiates | $5 → $9 | +96.51% | Jun 11, 2024 |
| Needham | Needham | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +9.17% | Jun 7, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $5.5 → $6 | Strong Buy | Maintains | $5.5 → $6 | +31.00% | Jun 6, 2024 |
| Needham | Needham | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +9.17% | May 17, 2024 |
| Needham | Needham | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +9.17% | May 8, 2024 |
Financial Forecast
Revenue This Year
165.75M
Revenue Next Year
334.45M
from 165.75M
Increased by 101.78%
EPS This Year
0.03
from -0.10
EPS Next Year
0.30
from 0.03
Increased by 880.00%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 192.0M | 630.3M | 386.4M |
| Avg | 165.8M | 334.5M | 358.9M |
| Low | 140.9M | 197.1M | 329.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 280.3% | 15.5% |
| Avg | - | 101.8% | 7.3% |
| Low | - | 18.9% | -1.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.12 | 1.43 | -0.04 |
| Avg | 0.03 | 0.30 | -0.04 |
| Low | -0.05 | -0.10 | -0.04 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 4,566.7% | - |
| Avg | - | 880.0% | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.