Cipher Mining (NASDAQ:CIFR) Trading 8.5% Higher – Time to Buy?

Cipher Mining Inc. (NASDAQ:CIFR) shot up 8.5% on Tuesday . The stock traded as high as $17.00 and last traded at $16.5110. 26,375,623 shares traded hands during mid-day trading, a decline of 16% from the average session volume of 31,283,428 shares. The stock had previously closed at $15.22.

Trending Headlines about Cipher Mining

Here are the key news stories impacting Cipher Mining this week:

• Positive Sentiment: Management is pushing a strategic pivot to hyperscale/HPC infrastructure that analysts and note-writers say could re-rate the company if execution goes well; this narrative supports a longer-term bullish case. TipRanks: Earnings Call Signals HPC Pivot
• Positive Sentiment: Two firms (HC Wainwright and Needham) kept “buy” ratings while trimming price targets, signaling continued analyst conviction despite near-term weakness. Benzinga: Price Target Changes
• Positive Sentiment: Several bullish commentaries argue the company’s digital/HPC pivot is “proven” and that market re‑rating could follow, which can attract growth-oriented buyers. Seeking Alpha: Pivot Proven
• Neutral Sentiment: Short-interest data in the filings appears anomalous (reported as zero shares), providing little reliable signal about current short pressure. (Report noted average volume context.)
• Neutral Sentiment: Broader coverage/analysis pieces (market write-ups and comparisons) are circulating; they summarize the company’s transition and will influence sentiment depending on readers’ view of execution risk. AmericanBankingNews Analysis
• Negative Sentiment: Q4 results disappointed: a materially wider GAAP net loss (~$734M), revenues down sequentially, and a large EPS miss — all near-term negatives that likely drove selling pressure. InsiderMonkey: $734M Q4 Net Loss
• Negative Sentiment: Zacks downgraded Cipher from “hold” to “strong sell,” adding explicit sell-side downward pressure on sentiment. Zacks: Downgrade TickerReport
• Negative Sentiment: Investors must digest an earnings-call transcript showing a big EPS miss (reported EPS -1.924 vs expectations around -0.12), reinforcing near-term execution and profitability concerns. Earnings Call Transcript

Analyst Ratings Changes

Several brokerages have commented on CIFR. Rosenblatt Securities upped their price objective on Cipher Mining to $33.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. Weiss Ratings reissued a “sell (d-)” rating on shares of Cipher Mining in a research note on Monday, December 29th. Morgan Stanley initiated coverage on shares of Cipher Mining in a report on Monday, February 9th. They issued an “overweight” rating and a $38.00 price target on the stock. Canaccord Genuity Group reiterated a “buy” rating and set a $27.00 price objective on shares of Cipher Mining in a report on Monday, December 15th. Finally, BTIG Research restated a “buy” rating and issued a $25.00 target price on shares of Cipher Mining in a research note on Wednesday, November 5th. Fourteen research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Cipher Mining has an average rating of “Moderate Buy” and a consensus target price of $24.46.

Cipher Mining Stock Performance

The company has a debt-to-equity ratio of 1.31, a quick ratio of 2.49 and a current ratio of 2.49. The firm has a market cap of $6.51 billion, a P/E ratio of -7.63 and a beta of 2.95. The firm’s fifty day moving average price is $16.45 and its 200 day moving average price is $15.10.

Insider Activity at Cipher Mining

In other news, COO Patrick Arthur Kelly sold 35,569 shares of Cipher Mining stock in a transaction on Monday, December 15th. The stock was sold at an average price of $15.08, for a total value of $536,380.52. Following the transaction, the chief operating officer directly owned 1,151,770 shares in the company, valued at approximately $17,368,691.60. This trade represents a 3.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director James E. Newsome sold 21,821 shares of the company’s stock in a transaction on Friday, December 19th. The stock was sold at an average price of $16.03, for a total value of $349,790.63. Following the sale, the director owned 172,492 shares of the company’s stock, valued at $2,765,046.76. This trade represents a 11.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 142,825 shares of company stock valued at $2,319,720 over the last ninety days. 2.63% of the stock is owned by company insiders.

Hedge Funds Weigh In On Cipher Mining

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Millennium Management LLC purchased a new stake in shares of Cipher Mining during the first quarter valued at about $9,316,000. Goldman Sachs Group Inc. grew its position in shares of Cipher Mining by 52.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 4,680,219 shares of the company’s stock worth $10,765,000 after buying an additional 1,610,073 shares during the last quarter. Teacher Retirement System of Texas raised its stake in shares of Cipher Mining by 7.9% during the 2nd quarter. Teacher Retirement System of Texas now owns 38,281 shares of the company’s stock worth $183,000 after acquiring an additional 2,812 shares in the last quarter. Impact Partnership Wealth LLC raised its stake in shares of Cipher Mining by 7.5% during the 2nd quarter. Impact Partnership Wealth LLC now owns 51,128 shares of the company’s stock worth $244,000 after acquiring an additional 3,573 shares in the last quarter. Finally, Harvest Portfolios Group Inc. lifted its position in Cipher Mining by 141.5% during the second quarter. Harvest Portfolios Group Inc. now owns 162,426 shares of the company’s stock valued at $776,000 after acquiring an additional 95,170 shares during the last quarter. Hedge funds and other institutional investors own 12.26% of the company’s stock.

About Cipher Mining

Cipher Mining Inc is a Nasdaq-listed bitcoin mining company that develops, owns and operates large-scale mining facilities across the United States. The company focuses on deploying advanced ASIC hardware and securing long-term low-cost power contracts to optimize bitcoin production. By strategically locating its sites in regions with abundant energy supply, Cipher Mining seeks to maintain a competitive cost structure and deliver efficient hashrate capacity growth.

Founded in 2021 and headquartered in Austin, Texas, Cipher Mining has pursued an integrated approach encompassing site development, equipment procurement and operations management.