Q1 EPS Estimates for Cipher Mining Lowered by HC Wainwright

Cipher Mining Inc. (NASDAQ:CIFR) – Equities researchers at HC Wainwright decreased their Q1 2026 earnings estimates for Cipher Mining in a research report issued to clients and investors on Wednesday, February 25th. HC Wainwright analyst M. Colonnese now forecasts that the company will earn ($0.29) per share for the quarter, down from their previous forecast of ($0.20). HC Wainwright currently has a “Buy” rating and a $25.00 target price on the stock. The consensus estimate for Cipher Mining’s current full-year earnings is ($0.31) per share. HC Wainwright also issued estimates for Cipher Mining’s Q2 2026 earnings at ($0.33) EPS, Q3 2026 earnings at ($0.33) EPS, Q4 2026 earnings at ($0.11) EPS and FY2026 earnings at ($1.07) EPS.

A number of other research analysts also recently issued reports on the company. Weiss Ratings reissued a “sell (d-)” rating on shares of Cipher Mining in a research note on Monday, December 29th. JPMorgan Chase & Co. raised Cipher Mining from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $12.00 to $18.00 in a research note on Monday, November 24th. Northland Securities set a $27.50 price target on Cipher Mining in a report on Tuesday, November 4th. Needham & Company LLC lowered their price objective on shares of Cipher Mining to $22.00 and set a “buy” rating for the company in a research note on Wednesday, February 25th. Finally, Wells Fargo & Company set a $18.00 target price on shares of Cipher Mining in a research report on Monday, November 24th. Fourteen investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Cipher Mining presently has an average rating of “Moderate Buy” and a consensus target price of $24.46.

Cipher Mining Stock Performance

Shares of CIFR opened at $15.60 on Monday. The company has a current ratio of 3.79, a quick ratio of 3.79 and a debt-to-equity ratio of 3.37. The firm’s fifty day simple moving average is $16.46 and its two-hundred day simple moving average is $15.33. Cipher Mining has a 12 month low of $1.86 and a 12 month high of $25.52. The stock has a market capitalization of $6.32 billion, a P/E ratio of -7.22 and a beta of 2.96.

Institutional Investors Weigh In On Cipher Mining

Hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. lifted its position in Cipher Mining by 43.2% in the 4th quarter. Vanguard Group Inc. now owns 32,680,186 shares of the company’s stock valued at $482,360,000 after acquiring an additional 9,865,533 shares in the last quarter. Situational Awareness LP raised its stake in shares of Cipher Mining by 82.4% in the fourth quarter. Situational Awareness LP now owns 10,469,093 shares of the company’s stock worth $154,524,000 after purchasing an additional 4,728,600 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Cipher Mining by 7.3% in the fourth quarter. Geode Capital Management LLC now owns 8,164,226 shares of the company’s stock worth $120,519,000 after purchasing an additional 558,105 shares during the last quarter. State Street Corp lifted its holdings in shares of Cipher Mining by 10.2% in the fourth quarter. State Street Corp now owns 8,078,423 shares of the company’s stock valued at $119,238,000 after purchasing an additional 745,030 shares in the last quarter. Finally, Value Aligned Research Advisors LLC boosted its position in shares of Cipher Mining by 45.9% during the fourth quarter. Value Aligned Research Advisors LLC now owns 7,447,495 shares of the company’s stock valued at $109,925,000 after buying an additional 2,342,958 shares during the last quarter. 12.26% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, Director Wesley Hastie Williams sold 49,867 shares of Cipher Mining stock in a transaction on Friday, December 19th. The shares were sold at an average price of $16.08, for a total value of $801,861.36. Following the completion of the sale, the director owned 158,145 shares of the company’s stock, valued at approximately $2,542,971.60. This trade represents a 23.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director James E. Newsome sold 21,821 shares of the business’s stock in a transaction on Friday, December 19th. The shares were sold at an average price of $16.03, for a total transaction of $349,790.63. Following the sale, the director owned 172,492 shares of the company’s stock, valued at $2,765,046.76. This trade represents a 11.23% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 142,825 shares of company stock worth $2,319,720 in the last ninety days. Corporate insiders own 2.63% of the company’s stock.

Cipher Mining Company Profile

Cipher Mining Inc is a Nasdaq-listed bitcoin mining company that develops, owns and operates large-scale mining facilities across the United States. The company focuses on deploying advanced ASIC hardware and securing long-term low-cost power contracts to optimize bitcoin production. By strategically locating its sites in regions with abundant energy supply, Cipher Mining seeks to maintain a competitive cost structure and deliver efficient hashrate capacity growth.

Founded in 2021 and headquartered in Austin, Texas, Cipher Mining has pursued an integrated approach encompassing site development, equipment procurement and operations management.