On May 7, 2025, analyst Chris Brendler from Rosenblatt reaffirmed a "Buy" rating for Cipher Mining (CIFR, Financial). According to the latest data, the stock's price target remains steady at USD 5.50.
The price target for CIFR has been maintained at USD 5.50, showing no change from the prior set target. This stability reflects a consistent outlook from the analyst on the stock's potential value.
Rosenblatt's decision to maintain both the "Buy" rating and the unchanged price target indicates confidence in Cipher Mining's (CIFR, Financial) future performance within the market.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 11 analysts, the average target price for Cipher Mining Inc (CIFR, Financial) is $6.99 with a high estimate of $9.00 and a low estimate of $4.00. The average target implies an upside of 129.96% from the current price of $3.04. More detailed estimate data can be found on the Cipher Mining Inc (CIFR) Forecast page.
Based on the consensus recommendation from 11 brokerage firms, Cipher Mining Inc's (CIFR, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.