
Cipher Mining (CIFR) Stock Forecast & Price Target
Cipher Mining (CIFR) Analyst Ratings
Bulls say
Cipher Mining Inc. demonstrated significant financial growth in 4Q, achieving a 75% sequential increase in revenues to $42.2 million, driven by rising Bitcoin prices and increased production, as the company mined 492 BTC, up from 396 BTC in the prior quarter. The firm's hash rate expanded substantially by 45% quarter-over-quarter, reaching 13.5 EH/s, bolstered by strategic upgrades and the success of its joint ventures, which produced 93 BTC, signifying a 24% increase. Furthermore, Cipher Mining's successful completion of capital initiatives, including a notable investment from Softbank, and its expanding portfolio of sites aimed at total capacity increases further support a positive outlook for the company’s growth trajectory in the Bitcoin mining ecosystem.
Bears say
Cipher Mining Inc. reported a GAAP net loss of $44.6 million for the year, a deterioration from the previous year's loss of $25.8 million, indicating significant financial strain. Although adjusted EPS matched estimates at $0.14, it declined from $0.25 in 2023, reflecting operational challenges in a volatile market. The company's modestly lowered revenue projections for 2025, alongside concerns over hardware efficiency and potential expansion setbacks, contribute to a negative outlook on its future profitability and growth.
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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