Cipher Mining (NASDAQ:CIFR) Cut to “Strong Sell” at Zacks Research

Zacks Research downgraded shares of Cipher Mining (NASDAQ:CIFR) from a hold rating to a strong sell rating in a research report report published on Tuesday,Zacks.com reports.

Other analysts have also issued research reports about the company. Keefe, Bruyette & Woods upped their price objective on Cipher Mining from $13.00 to $22.00 and gave the stock a “moderate buy” rating in a research report on Tuesday, January 27th. Northland Securities set a $27.50 target price on Cipher Mining in a research note on Tuesday, November 4th. Citigroup began coverage on Cipher Mining in a research report on Wednesday, November 19th. They issued an “outperform” rating on the stock. Wells Fargo & Company set a $18.00 price objective on Cipher Mining in a research report on Monday, November 24th. Finally, Citizens Jmp set a $30.00 target price on shares of Cipher Mining in a research note on Wednesday, November 19th. Fourteen equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Cipher Mining currently has a consensus rating of “Moderate Buy” and an average target price of $24.46.

Cipher Mining Trading Down 0.8%

NASDAQ CIFR opened at $16.48 on Tuesday. The company has a debt-to-equity ratio of 3.37, a quick ratio of 2.49 and a current ratio of 3.79. The firm has a market cap of $6.68 billion, a price-to-earnings ratio of -7.63 and a beta of 2.95. The firm has a 50 day simple moving average of $16.48 and a 200-day simple moving average of $15.11. Cipher Mining has a one year low of $1.86 and a one year high of $25.52.

Insider Activity at Cipher Mining

In other news, COO Patrick Arthur Kelly sold 35,569 shares of the company’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $15.08, for a total value of $536,380.52. Following the completion of the transaction, the chief operating officer owned 1,151,770 shares in the company, valued at approximately $17,368,691.60. This represents a 3.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director James E. Newsome sold 21,821 shares of Cipher Mining stock in a transaction on Friday, December 19th. The stock was sold at an average price of $16.03, for a total transaction of $349,790.63. Following the sale, the director owned 172,492 shares in the company, valued at $2,765,046.76. This represents a 11.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 142,825 shares of company stock valued at $2,319,720 over the last three months. 2.63% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Cipher Mining

Several large investors have recently bought and sold shares of the stock. Los Angeles Capital Management LLC acquired a new stake in shares of Cipher Mining during the fourth quarter worth about $25,000. Arax Advisory Partners grew its stake in Cipher Mining by 274.2% during the 4th quarter. Arax Advisory Partners now owns 1,826 shares of the company’s stock worth $27,000 after buying an additional 1,338 shares during the last quarter. GAMMA Investing LLC increased its position in Cipher Mining by 218.3% during the fourth quarter. GAMMA Investing LLC now owns 1,875 shares of the company’s stock worth $28,000 after buying an additional 1,286 shares during the period. Meeder Asset Management Inc. purchased a new stake in Cipher Mining in the fourth quarter valued at approximately $28,000. Finally, Sherman Asset Management Inc. acquired a new stake in shares of Cipher Mining in the third quarter valued at approximately $25,000. Institutional investors and hedge funds own 12.26% of the company’s stock.

Key Stories Impacting Cipher Mining

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

• Positive Sentiment: Multiple bullish analyst and commentary notes highlight Cipher’s strategic pivot toward AI/HPC infrastructure and continued investor interest; these argue for a re-rating if execution continues. Cipher Digital: Pivot Proven, Re-Rating Next
• Positive Sentiment: Brokerages maintained “buy” stances despite trimming targets — HC Wainwright set a $25 target and Needham set $22 — signaling continued analyst conviction in upside from the company’s transition. Benzinga coverage of PTs
• Positive Sentiment: Investor pieces urge looking past the quarter and focusing on the AI/HPC opportunity, which supported recent intraday strength earlier in the week. Ignore Earnings, Focus On The AI Future
• Positive Sentiment: Short-term momentum had recently driven a sizeable one-day gain as investors cheered business-transition messaging, showing market appetite for the pivot when headlines are positive. InsiderMonkey jump article
• Neutral Sentiment: Third‑party analyses and Q&A summaries (press/earnings highlights) provide context on the transition but do not change the near‑term fundamentals by themselves. Yahoo Finance Q4 highlights
• Neutral Sentiment: Reported short-interest data is internally inconsistent (zeros/NaN), so it doesn’t provide a clear signal on short‑seller pressure today.
• Negative Sentiment: Zacks Research downgraded CIFR from “hold” to “strong sell,” a headline that likely amplified selling pressure among more conservative investors. Zacks downgrade TickerReport
• Negative Sentiment: Q4 results missed expectations sharply: revenue fell sequentially and GAAP net loss was large (reported ~$734M), pressuring the stock as investors digest weaker near‑term earnings and reduced mining capacity during the pivot. Zacks Q4 loss article
• Negative Sentiment: Earnings call transcript shows a large EPS miss (reported EPS -1.924 vs. -0.12 expected), which increases short‑term uncertainty around cash flow and execution. Earnings call transcript

Cipher Mining Company Profile

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.