Q2 EPS Estimates for Cipher Mining Lowered by HC Wainwright

Cipher Mining Inc. (NASDAQ:CIFR) – Equities researchers at HC Wainwright dropped their Q2 2025 EPS estimates for shares of Cipher Mining in a note issued to investors on Tuesday, May 6th. HC Wainwright analyst M. Colonnese now forecasts that the company will post earnings of ($0.13) per share for the quarter, down from their previous estimate of ($0.09). HC Wainwright currently has a “Buy” rating 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 Q3 2025 earnings at ($0.09) EPS, Q4 2025 earnings at ($0.02) EPS and FY2025 earnings at ($0.33) EPS.

Cipher Mining (NASDAQ:CIFR) last announced its quarterly earnings results on Tuesday, May 6th. The company reported ($0.11) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.11). Cipher Mining had a negative net margin of 33.39% and a negative return on equity of 8.29%. The company had revenue of $48.96 million during the quarter, compared to the consensus estimate of $53.57 million.

A number of other research firms have also weighed in on CIFR. Rosenblatt Securities reissued a “buy” rating and set a $5.50 price target on shares of Cipher Mining in a research report on Wednesday. Needham & Company LLC dropped their target price on shares of Cipher Mining from $7.50 to $7.00 and set a “buy” rating on the stock in a research report on Wednesday, February 26th. JPMorgan Chase & Co. downgraded Cipher Mining from an “overweight” rating to a “neutral” rating in a research report on Thursday, March 13th. Canaccord Genuity Group reissued a “buy” rating and issued a $8.00 price objective on shares of Cipher Mining in a research report on Thursday. Finally, Cantor Fitzgerald decreased their target price on Cipher Mining from $11.00 to $10.00 and set an “overweight” rating for the company in a research report on Tuesday, February 4th. One investment analyst has rated the stock with a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $8.03.

Cipher Mining Price Performance

Shares of CIFR opened at $2.98 on Friday. The company has a quick ratio of 2.57, a current ratio of 2.57 and a debt-to-equity ratio of 0.01. The stock has a market cap of $1.11 billion, a PE ratio of -22.92 and a beta of 2.61. The business has a 50-day simple moving average of $2.80 and a two-hundred day simple moving average of $4.70. Cipher Mining has a 12-month low of $1.86 and a 12-month high of $7.99.

Institutional Investors Weigh In On Cipher Mining

Several institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. raised its position in shares of Cipher Mining by 510.2% in the fourth quarter. JPMorgan Chase & Co. now owns 954,209 shares of the company’s stock valued at $4,428,000 after purchasing an additional 797,824 shares during the period. Private Advisor Group LLC raised its holdings in Cipher Mining by 90.4% during the 4th quarter. Private Advisor Group LLC now owns 200,940 shares of the company’s stock valued at $932,000 after acquiring an additional 95,400 shares during the period. Vanguard Group Inc. lifted its position in shares of Cipher Mining by 7.0% during the fourth quarter. Vanguard Group Inc. now owns 18,172,080 shares of the company’s stock worth $84,318,000 after acquiring an additional 1,189,756 shares in the last quarter. Federated Hermes Inc. bought a new position in shares of Cipher Mining in the fourth quarter worth $2,029,000. Finally, Charles Schwab Investment Management Inc. grew its position in shares of Cipher Mining by 33.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,139,553 shares of the company’s stock valued at $14,568,000 after purchasing an additional 783,509 shares in the last quarter. 12.26% of the stock is owned by hedge funds and other institutional investors.

About Cipher Mining

Cipher Mining Inc, together with its subsidiaries, engages in the development and operation of industrial scale bitcoin mining data centers in the United States. The company was incorporated in 2020 and is based in New York, New York. Cipher Mining Inc operates as a subsidiary of Bitfury Holding B.V.