Cipher Mining Inc. (CIFR)
NASDAQ: CIFR · IEX Real-Time Price · USD
5.33
+0.11 (2.11%)
At close: Mar 27, 2024, 4:00 PM
5.66
+0.33 (6.19%)
Pre-market: Mar 28, 2024, 6:13 AM 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 5.00, with a low estimate of 4.00 and a high estimate of 6.00. The average target predicts a decrease of -6.19% from the current stock price of 5.33.
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 | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 5 | 5 | 5 | 5 | 5 | 5 |
Buy | 1 | 1 | 1 | 1 | 1 | 1 |
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 |
---|---|---|---|---|---|---|---|
Needham | Needham | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | -6.19% | Mar 18, 2024 |
Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $5 | Buy | Reiterates | $5 | -6.19% | Mar 6, 2024 |
Canaccord Genuity | Canaccord Genuity | Strong Buy Reiterates $5.5 | Strong Buy | Reiterates | $5.5 | +3.19% | Mar 6, 2024 |
Needham | Needham | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | -6.19% | Mar 6, 2024 |
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $4.5 | Strong Buy | Reiterates | $4.5 | -15.57% | Mar 5, 2024 |
Financial Forecast
Revenue This Year
147.79M
Revenue Next Year
273.81M
from 147.79M
Increased by 85.27%
EPS This Year
-0.18
from -0.10
EPS Next Year
0.23
from -0.18
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 192.8M | 380.3M |
Avg | 147.8M | 273.8M |
Low | 108.8M | 181.3M |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | - | 157.3% |
Avg | - | 85.3% |
Low | - | 22.7% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | -0.07 | 0.50 |
Avg | -0.18 | 0.23 |
Low | -0.41 | -0.10 |
EPS Growth
EPS Growth | 2024 | 2025 |
---|---|---|
High | - | - |
Avg | - | - |
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.