
Cipher Mining (CIFR) Stock Forecast & Price Target
Cipher Mining (CIFR) Analyst Ratings
Bulls say
Cipher Mining Inc. has demonstrated a substantial increase in revenue, reporting a sequential rise of approximately 65% to $72 million, driven by higher Bitcoin prices and its Black Pearl site's first full quarter of production. The company’s self-mined Bitcoin output reached around 689 BTC, marking a 35% increase from the previous quarter, while its total hashrate expanded to 23.6 EH/s, underscoring its operational growth in the Bitcoin mining sector. Additionally, with a robust power pipeline and updated revenue and EBITDA estimates for 2027 of $874 million and $612 million, respectively, Cipher Mining's financial outlook appears significantly strengthened, bolstered by improvements in its balance sheet and ongoing initiatives to capitalize on elevated power prices.
Bears say
Cipher Mining Inc. faces significant challenges that contribute to a negative outlook for its stock. The company's falling hardware efficiency may hinder profitability and market share, compounded by underperformance on top-line revenue and higher costs of goods sold, which negatively impacted gross margins. Additionally, potential delays in site expansions and power approvals, alongside vulnerabilities linked to Bitcoin price fluctuations and regulatory risks, raise concerns about the company's growth potential and financial stability going forward.
This aggregate rating is based on analysts' research of Cipher Mining and is not a guaranteed prediction by Public.com or investment advice.
Cipher Mining (CIFR) Analyst Forecast & Price Prediction
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