Cipher Mining Inc [NASDAQ: CIFR] stock went on an upward path that rose over 2.67% on Firday, amounting to a one-week price increase of more than 29.96%.
Over the last 12 months, CIFR stock dropped by -35.97%. The one-year Cipher Mining Inc stock forecast points to a potential upside of 55.36. The average equity rating for CIFR stock is currently 1.18, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $1.14 billion, with 350.78 million shares outstanding and 259.96 million shares in the current float. Compared to the average trading volume of 14.50M shares, CIFR stock reached a trading volume of 11963863 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Cipher Mining Inc [CIFR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CIFR shares is $6.90 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CIFR stock is a recommendation set at 1.18. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
JP Morgan have made an estimate for Cipher Mining Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on March 13, 2025. While these analysts kept the previous recommendation, Rosenblatt raised their target price to Buy. The new note on the price target was released on March 07, 2025, representing the official price target for Cipher Mining Inc stock.
The Average True Range (ATR) for Cipher Mining Inc is set at 0.30, with the Price to Sales ratio for CIFR stock in the period of the last 12 months amounting to 7.56. The Price to Book ratio for the last quarter was 1.58, with the Price to Cash per share for the same quarter was set at 0.26.
CIFR Stock Performance Analysis:
Cipher Mining Inc [CIFR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 29.96. With this latest performance, CIFR shares gained by 14.93% in over the last four-week period, additionally sinking by -44.00% over the last 6 months – not to mention a drop of -35.97% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CIFR stock in for the last two-week period is set at 57.15, with the RSI for the last a single of trading hit 68.26, and the three-weeks RSI is set at 50.78 for Cipher Mining Inc [CIFR]. The present Moving Average for the last 50 days of trading for this stock 3.35, while it was recorded at 2.80 for the last single week of trading, and 4.61 for the last 200 days.
Insight into Cipher Mining Inc Fundamentals:
Cipher Mining Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.28 and a Current Ratio set at 1.28.
Cipher Mining Inc [CIFR] Institutonal Ownership Details
There are presently around $64.48%, or 91.37%% of CIFR stock, in the hands of institutional investors. The top three institutional holders of CIFR stocks are: VANGUARD GROUP INC with ownership of 13.0 million shares, which is approximately 4.1347%. BLACKROCK INC., holding 12.31 million shares of the stock with an approximate value of $$51.07 million in CIFR stocks shares; and BLACKROCK INC., currently with $$34.94 million in CIFR stock with ownership which is approximately 2.6781%.
