On June 5, 2025, Cantor Fitzgerald analyst Brett Knoblauch announced an update regarding Cipher Mining (CIFR, Financial), maintaining an "Overweight" rating on the stock. The investment firm has also raised its price target for Cipher Mining from $4.00 to $6.00 USD, marking a significant 50% increase in their outlook.
This adjustment in the price target reflects continued confidence in Cipher Mining's potential market performance. As of now, the stock rating remains "Overweight," suggesting that the firm expects the stock to outperform relative to other investments over the coming months.
Investors following Cipher Mining (CIFR, Financial) should note this updated analyst outlook, particularly those considering new or expanded positions in the company's shares. The substantial increase in the price target could indicate stronger projected growth and opportunities for investment gains.
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 $6.67 with a high estimate of $9.00 and a low estimate of $4.00. The average target implies an upside of 77.91% from the current price of $3.75. 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.
