Cipher Mining (CIFR) – Analysts’ Weekly Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Cipher Mining (NASDAQ: CIFR) in the last few weeks:

• 2/25/2026 – Cipher Mining had its price target lowered by Needham & Company LLC to $22.00. They now have a “buy” rating on the stock.
• 2/25/2026 – Cipher Mining had its price target lowered by HC Wainwright to $25.00. They now have a “buy” rating on the stock.
• 2/24/2026 – Cipher Mining was downgraded by Zacks Research from “hold” to “strong sell”.
• 2/21/2026 – Cipher Mining was upgraded by Wall Street Zen from “sell” to “hold”.
• 2/9/2026 – Cipher Mining is now covered by Morgan Stanley. They set an “overweight” rating and a $38.00 price target on the stock.
• 1/31/2026 – Cipher Mining was downgraded by Wall Street Zen from “hold” to “sell”.
• 1/27/2026 – Cipher Mining had its price target raised by Keefe, Bruyette & Woods from $13.00 to $22.00. They now have a “moderate buy” rating on the stock.
• 1/23/2026 – Cipher Mining was upgraded by Wall Street Zen from “sell” to “hold”.
• 12/29/2025 – Cipher Mining had its “sell (d-)” rating reaffirmed by Weiss Ratings.

Insiders Place Their Bets

In other Cipher Mining news, Director James E. Newsome sold 21,821 shares of the firm’s stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $16.03, for a total transaction of $349,790.63. Following the completion of the transaction, the director owned 172,492 shares of the company’s stock, valued at approximately $2,765,046.76. This trade represents a 11.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Patrick Arthur Kelly sold 35,569 shares of Cipher Mining 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 transaction, the chief operating officer owned 1,151,770 shares of the company’s stock, valued at $17,368,691.60. The trade was a 3.00% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 142,825 shares of company stock worth $2,319,720. 2.63% of the stock is owned by corporate insiders.

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.