Stock Price & Analysis

Analysis and Insights

Based on the current data and analysis, here is a concise recommendation regarding CIFR stock:

Technical Analysis:

CIFR is currently trading at $2.88, with a 14-day RSI of 23.15, indicating oversold conditions. The stock has broken below key Fibonacci support levels, suggesting weak momentum.

Fundamental Analysis:

J.P. Morgan recently downgraded CIFR to Neutral from Overweight, citing the need for capital to support future growth targets. This, combined with declining bitcoin prices and production challenges, raises concerns about near-term profitability.

Analyst Sentiment:

While some analysts maintain a Strong Buy rating, the recent downgrade and production declines suggest caution. The stock has underperformed peers in recent months.

Conclusion:

Given the current downtrend and analyst sentiment, it may be prudent to sell CIFR stock at this time. Reassess after signs of stabilization or positive developments in bitcoin mining operations.

CIFR stock is predicted to reach $3.50 in the short term, driven by potential rebound from oversold RSI levels, but may struggle to sustain higher prices due to resistance at Fibonacci levels. Longer-term, it could drop to $2.50 if market conditions remain bearish.

The S1 support level for CIFR Stock is $2.96 ,The R1 resistant level for CIFR Stock is $3.95.

As of the end of day on 2025-03-19, the price of CIFR Stock was $2.91.

The target price for CIFR Stock according to analyst rating is 8.17, with the highest price target at 10.00 and the lowest at 7.00. Analysts have a Strong Buy rating on CIFR Stock overall.

The market cap of CIFR is $1.0B.

CIFR appears to be overvalued based on its high valuation multiples and recent performance. The stock's PE ratio of 108.93 and EV/EBITDA of 62.24 are significantly higher than industry averages, indicating a premium that may not be justified by its current earnings. The lack of dividend yield and mixed analyst sentiment, with some downgrades, further support the case for caution. Additionally, the recent decline in bitcoin prices and production challenges in the mining sector pose risks to CIFR's growth prospects. Investors should carefully consider these factors before making a decision.

Cipher Mining Inc. is a technology company. The Company is focused on the development and operation of bitcoin mining data centers. The Company, through its subsidiaries, including Cipher Mining Technologies Inc., operates four bitcoin mining data centers in Texas. It is also developing an additional data center in Winkler County, Texas. Its Odessa data center (the Odessa Facility), which is its wholly owned 207 megawatts (MW) facility located in Odessa, Texas. The Odessa Facility is capable of producing approximately 6.4 exahash per second (EH/s). Its Alborz data center (the Alborz Facility) is located near Happy, Texas. Its Bear data center (the Bear Facility) is located near Andrews, Texas. Its Chief data center (the Chief Facility) is also located near Andrews, Texas. The Chief Facility is a 10 megawatts (MW) data center that is connected to the local electrical grid.

CIFR stock is predicted to reach $5.00 by 2030, driven by potential recovery in bitcoin prices and improved mining operations. However, if capital challenges persist, it may only reach $3.00, reflecting moderate growth.

CIFR has a total of 35 employees.