Streetbeat News

CIFR

Cipher Mining Inc.

https://www.ciphermining.com

Industry

Financial - Capital Markets

Cipher Mining Inc., a technology company, operates in the bitcoin mining ecosystem in the United States. It engages in developing and growing a cryptocurrency mining business that specializes in bitcoin. The company was incorporated in 2021 and is based in New York, New York.

Open

6.92

Mkt cap

2.5B

Volume

14M

High

7.20

P/E Ratio

-47.73

52-wk high

7.99

Low

6.50

Div yield

N/A

52-wk low

2.15

Several US stocks recorded gains on Monday, with Pitney Bowes Inc. (PBI) gaining 15.5% after announcing a leadership transition. Riot Platforms, Inc. (RIOT) and Marathon Digital Holdings, Inc. (MARA) surged amid an increase in the price of Bitcoin. Sphere Entertainment Co. (SPHR) jumped after a successful U2 concert in Las Vegas. Other companies that saw gains include Tigo Energy, Inc. (TYGO), Studio City International Holdings Limited (MSC), Pharming Group N.V. (PHAR), Cipher Mining Inc. (CIFR), Cantaloupe, Inc. (CTLP), Mondee Holdings, Inc. (MOND), FingerMotion, Inc. (FNGR), Discover Financial Services (DFS), CleanSpark, Inc. (CLSK), and CommScope Holding Company, Inc. (COMM).

Portfolio Pulse from Lisa Levin

October 02, 2023 | 2:20 pm

In Monday's pre-market session, several information technology stocks saw significant movement. Gainers included BTCS, Cipher Mining, Greenidge Generation Hldg, Mawson Infra Gr, SatixFy Communications, and EMCORE. Losers included Borqs Technologies, Glimpse Group, MariaDB, MMTEC, MicroAlgo, and Nano Labs.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 1:05 pm

Cipher Mining (NASDAQ:CIFR) has received 8 analyst ratings in the last quarter, all of which are bullish to some extent. The average price target for the stock is $5.38, significantly higher than its current price of $2.3682, implying a potential upside. The average price target has increased by 46.59% over the past month.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 6:00 pm

Cantor Fitzgerald analyst Josh Siegler has reiterated an Overweight rating on Cipher Mining (NASDAQ:CIFR) and maintained a $6 price target.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 4:17 pm

Despite a general fall in U.S. stocks, several companies saw gains. Cisco Systems agreed to acquire Splunk for $157 per share, causing Splunk's stock to rise by 20.8%. Calliditas Therapeutics, Exscientia, Klaviyo, Compañía de Minas Buenaventura, FedEx, FactSet Research Systems, The Greenbrier Companies, and Cipher Mining also saw stock increases due to various factors such as collaborations, IPOs, upgrades, and earnings reports.

Portfolio Pulse from Lisa Levin

September 21, 2023 | 2:25 pm

BTIG analyst Gregory Lewis has initiated coverage on Cipher Mining (NASDAQ:CIFR) with a Buy rating and a price target of $6.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 10:32 am

Several stocks recorded gains in Tuesday's trading session. Shengfeng Development Limited (SFWL), Cognyte Software Ltd. (CGNT), The Beauty Health Company (SKIN), Bitfarms Ltd. (BITF), MoonLake Immunotherapeutics (MLTX), TeraWulf Inc. (WULF), NextNav Inc. (NN), ImmunityBio, Inc. (IBRX), Casey's General Stores, Inc. (CASY), United Homes Group, Inc. (UHG), CleanSpark, Inc. (CLSK), Riot Platforms, Inc. (RIOT), IonQ, Inc. (IONQ), Cipher Mining Inc. (CIFR), GameStop Corp. (GME), Matrix Service Company (MTRX), Coinbase Global, Inc. (COIN), VinFast Auto Ltd. (VFS), Hut 8 Mining Corp. (HUT), and IAMGOLD Corporation (IAG) all saw increases in their share prices.

Portfolio Pulse from Lisa Levin

September 12, 2023 | 2:24 pm

Several information technology stocks experienced significant movement in Tuesday's pre-market session. AgileThought, Porch Group, Minim, Argo Blockchain, A10 Networks, and Cipher Mining saw gains, while Datasea, CS Disco, CXApp, Taoping, Oracle, and SMX experienced losses. Oracle's decline followed the release of its Q1 earnings.

Portfolio Pulse from Benzinga Insights

September 12, 2023 | 1:06 pm

In the last quarter, Cipher Mining (NASDAQ:CIFR) has received 6 bullish and somewhat bullish ratings from analysts. The company's average 12-month price target has increased by 40.87% from the previous average, now standing at $5.17.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 9:00 pm

Cantor Fitzgerald analyst Josh Siegler has reiterated an Overweight rating on Cipher Mining (NASDAQ:CIFR) and maintained a $6 price target.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 1:53 pm

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