Cipher Mining's stock fell 6.45% as it crossed below the 5-day SMA amid a broader market decline, with the Nasdaq-100 down 1.40% and the S&P 500 down 0.73%.
The company has secured a 15-year agreement with Amazon valued at $5.5 billion for 300 megawatts of AI data center capacity, providing a stable revenue stream and enhancing its competitive position in the AI infrastructure market. This long-term deal, along with its commitment to renewable energy, positions Cipher Mining favorably in a sector facing regulatory pressures. Analysts have also upgraded their outlook, with Keefe Bruyette raising the price target from $13 to $22, reflecting confidence in the company's strategy.
The implications of this deal are significant, as it not only boosts Cipher Mining's revenue potential but also aligns with the growing demand for AI infrastructure, which is projected to increase dramatically in the coming years.
Wall Street analysts forecast CIFR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CIFR is 26.23 USD with a low forecast of 18.00 USD and a high forecast of 34.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
Wall Street analysts forecast CIFR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CIFR is 26.23 USD with a low forecast of 18.00 USD and a high forecast of 34.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Buy
1 Hold
0 Sell
Strong Buy
Current: 18.970
Low
18.00
Averages
26.23
High
34.00
Current: 18.970
Low
18.00
Averages
26.23
High
34.00
Keefe Bruyette
Stephen Glagola
upgrade
$13 -> $22
2026-01-27
New
Reason
Keefe Bruyette
Stephen Glagola
Price Target
$13 -> $22
AI Analysis
2026-01-27
New
upgrade
Reason
Keefe Bruyette analyst Stephen Glagola raised the firm's price target on Cipher Mining to $22 from $13 and keeps an Outperform rating on the shares.
Keefe Bruyette
Outperform
upgrade
$13 -> $22
2026-01-26
New
Reason
Keefe Bruyette
Price Target
$13 -> $22
2026-01-26
New
upgrade
Outperform
Reason
Keefe Bruyette raised the firm's price target on Cipher Mining to $22 from $13 and keeps an Outperform rating on the shares. The firm updated the company's model ahead of the Q4 report to reflect recent business developments and hash price trends. Cipher is executing well on its AI colocation strategy, says Keefe, which is "constructive" on the company's 2026 lease signings.
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Rosenblatt
Rosenblatt
Buy
downgrade
$33 -> $25
2025-12-19
Reason
Rosenblatt
Rosenblatt
Price Target
$33 -> $25
2025-12-19
downgrade
Buy
Reason
Rosenblatt lowered the firm's price target on Cipher Mining to $25 from $33 and keeps a Buy rating on the shares. Stubbornly high network competition has been an issue for Bitcoin miners throughout 2025 and the situation has "gone from bad to worse" with the sharp drop in BTC, the analyst tells investors. Although pure play miners will remain under pressure, the impact is limited for high-performance computing plays given "entirely uncorrelated and considerably more profitable HPC hosting opportunities," the analyst added.
JPMorgan
Neutral -> Overweight
upgrade
$12 -> $18
2025-11-24
Reason
JPMorgan
Price Target
$12 -> $18
2025-11-24
upgrade
Neutral -> Overweight
Reason
JPMorgan upgraded Cipher Mining to Overweight from Neutral with a price target of $18, up from $12.
About CIFR
Cipher Mining Inc. is focused on the development and operation of industrial-scale data centers for bitcoin mining and high-performance computing (HPC) hosting. The Company operates two wholly owned bitcoin mining data centers, a 207 megawatts (MW) site located in Odessa, Texas that draws fixed priced power from a power purchase agreement with its electricity provider (the Odessa Facility), and a 300 MW data center in Wink, Texas, of which 150 MW is operational as a bitcoin mining data center, that draws power from the power grid (the Black Pearl Facility), and has equity investments in three partially-owned 40 MW bitcoin mining data centers. Its development pipeline totals approximately 3.4 gigawatts (GW) across eight sites. The Odessa Facility is an approximately 52-acre site, located next to a natural gas power production facility. Through a subsidiary, it is in the process of constructing a data center for HPC near Colorado City, Texas (the Barber Lake Facility).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
