Cipher Mining (CIFR)
(Delayed Data from NSDQ)
$4.97 USD
+0.15 (3.11%)
Updated Oct 18, 2024 04:00 PM ET
After-Market: $4.98 +0.01 (0.20%) 7:58 PM ET
3-Hold of 5 3
F Value F Growth A Momentum F VGM
Cipher Mining Inc. (CIFR) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$7.39 | $9.00 | $6.00 | 53.32% |
Price Target
Based on short-term price targets offered by nine analysts, the average price target for Cipher Mining Inc. comes to $7.39. The forecasts range from a low of $6.00 to a high of $9.00. The average price target represents an increase of 53.32% from the last closing price of $4.82.
Analyst Price Targets (9 )
Broker Rating
Cipher Mining Inc. currently has an average brokerage recommendation (ABR) of 1.40 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 10 brokerage firms. The current ABR compares to an ABR of 1.50 a month ago based on eight recommendations.
Of the 10 recommendations deriving the current ABR, seven are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 70% and 20% of all recommendations. A month ago, Strong Buy made up 62.5%, while Buy represented 25%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 7 | 7 | 5 | 5 | 5 |
Buy | 2 | 2 | 2 | 2 | 1 |
Hold | 1 | 1 | 1 | 1 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.40 | 1.40 | 1.50 | 1.50 | 1.43 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
10/3/2024 | Cantor Fitzgerald & Co | Brett Knoblauch | Strong Buy | Strong Buy |
9/25/2024 | Northland Capital Markets | Michael Grondahl | Not Available | Strong Buy |
9/24/2024 | BTIG | Gregory Lewis | Strong Buy | Strong Buy |
9/24/2024 | Macquarie Capital Securities | Paul Golding | Not Available | Strong Buy |
8/21/2024 | Canaccord Genuity | Joseph A Vafi | Strong Buy | Strong Buy |
8/15/2024 | Compass Point Research & Trading | Chase White | Strong Buy | Strong Buy |
8/6/2024 | Not Identified | Not Identified | Not Available | Moderate Buy |
6/7/2024 | Needham & Company | John Todaro | Moderate Buy | Moderate Buy |
6/6/2024 | H.C. Wainwright & Co. | Michael Colonnese | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.40 |
ABR (Last week) | 1.40 |
# of Recs in ABR | 10 |
Average Target Price | $7.39 |
LT Growth Rate | NA |
Industry | Technology Services |
Industry Rank by ABR | 66 of 252 |
Current Quarter EPS Est: | -0.07 |
CIFR FAQs
Cipher Mining Inc. (CIFR) currently has an average brokerage recommendation (ABR) of 1.40 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 10 brokerage firms.
The average price target for Cipher Mining Inc. (CIFR) is $7.39. The current on short-term price targets is based on 3 reports.
The forecasts for Cipher Mining Inc. (CIFR) range from a low of $6 to a high of $9. The average price target represents a increase of $48.69 from the last closing price of $4.97.
The current UPSIDE for Cipher Mining Inc. (CIFR) is 48.69%
Based on short-term price targets offered by nine analysts, the average price target for Cipher Mining Inc. comes to $7.39. The forecasts range from a low of $6.00 to a high of $9.00. The average price target represents an increase of 53.32% from the last closing price of $4.82.