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
Target Low Average Median High
Price $4.00 $5.00 $5.00 $6.00
Change -24.95% -6.19% -6.19% +12.57%

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 '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 555555
Buy 111111
Hold 111111
Sell 000000
Strong Sell 000000
Total 777777

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
More Analyst Ratings

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
Year 20202022202320242025
Revenue
---147.79M273.81M
Revenue Growth
----85.27%
EPS
--0.16-0.10-0.180.23
EPS Growth
-----
No. Analysts ---96
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 192.8M 380.3M
Avg 147.8M 273.8M
Low 108.8M 181.3M

Revenue Growth

Revenue Growth 20242025
High -
157.3%
Avg -
85.3%
Low -
22.7%

EPS Forecast

EPS 20242025
High -0.07 0.50
Avg -0.18 0.23
Low -0.41 -0.10

EPS Growth

EPS Growth 20242025
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.