Cipher Mining Inc. (CIFR)
NASDAQ: CIFR · Real-Time Price · USD
5.49
+0.28 (5.42%)
Dec 24, 2024, 12:35 PM EST - Market open
Cipher Mining Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Cipher Mining stock have an average target of 7.73, with a low estimate of 5.00 and a high estimate of 9.00. The average target predicts an increase of 40.74% from the current stock price of 5.49.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Cipher Mining stock from 10 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 5 | 4 | 4 | 5 | 5 |
| Buy | 2 | 2 | 4 | 4 | 4 | 5 |
| Hold | 1 | 1 | 1 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 8 | 9 | 9 | 9 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold → Buy Upgrades $8 | Hold → Buy | Upgrades | $8 | +45.65% | Dec 10, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Maintains $6 → $8.5 | Buy | Maintains | $6 → $8.5 | +54.76% | Dec 4, 2024 |
| BTIG | BTIG | Strong Buy Maintains $6 → $9 | Strong Buy | Maintains | $6 → $9 | +63.86% | Nov 15, 2024 |
| Macquarie | Macquarie | Buy Maintains $6 → $7.25 | Buy | Maintains | $6 → $7.25 | +32.00% | Nov 7, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $7 | Strong Buy | Maintains | $7 | +27.45% | Nov 1, 2024 |
Financial Forecast
Revenue This Year
152.35M
from 126.84M
Increased by 20.11%
Revenue Next Year
342.07M
from 152.35M
Increased by 124.53%
EPS This Year
-0.25
from -0.10
EPS Next Year
0.01
from -0.25
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 161.0M | 579.1M | 692.7M |
| Avg | 152.4M | 342.1M | 560.4M |
| Low | 138.6M | 238.0M | 453.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 27.0% | 280.1% | 102.5% |
| Avg | 20.1% | 124.5% | 63.8% |
| Low | 9.2% | 56.2% | 32.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.12 | 0.78 | 0.38 |
| Avg | -0.25 | 0.01 | 0.14 |
| Low | -0.31 | -0.36 | -0.19 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 2,493.3% |
| Avg | - | - | 851.7% |
| 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.