
Cipher Mining (CIFR) Stock Forecast & Price Target
Cipher Mining (CIFR) Analyst Ratings
Bulls say
Cipher Mining Inc. has demonstrated significant financial growth in its recent quarter, achieving a 75% quarter-over-quarter increase in revenues, rising to $42.2 million, primarily driven by higher Bitcoin prices and increased BTC production, which reached 492 BTC at its Odessa site. The company's hash rate expanded significantly, increasing by 45% to 13.5 EH/s due to strategic fleet upgrades, positioning it favorably in the competitive Bitcoin mining ecosystem. Additionally, the company's positive financial turnaround is evidenced by a notable shift to GAAP net income of $17.5 million and an EPS of $0.05, compared to a substantial loss in the previous quarter, with further growth anticipated as it ramps up hash rate expectations to 23 EH/s in 2025.
Bears say
The financial outlook for Cipher Mining Inc. appears negative, primarily due to a significant GAAP net loss of $44.6 million for the year, which reflects a deterioration from the previous year's loss. Additionally, revised revenue estimates for 2025 have been lowered to $279.7 million, paired with an expected increased loss per share of $0.25, driven by declining Bitcoin prices and potential inefficiencies in hardware. Lastly, delays in site expansions and vulnerability to market downturns could further impede the company’s growth prospects and strain its liquidity, posing additional risks to its financial stability.
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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