
Cipher Mining (CIFR) Stock Forecast & Price Target
Cipher Mining (CIFR) Analyst Ratings
Bulls say
Cipher Mining Inc. demonstrated strong financial performance in 4Q24, with reported revenues increasing by 75% quarter-over-quarter to $42.2 million, driven by higher Bitcoin (BTC) prices and improved production, as the company mined 492 BTC, up from 396 BTC in the previous quarter. The continuous growth of Cipher's deployed hash rate, reaching 13.5 EH/s—a 45% increase quarter-over-quarter—was significantly supported by strategic fleet upgrades, showcasing the company's commitment to boosting operational efficiency. Furthermore, with a notable GAAP net income of $17.5 million and positive trajectory of hash rate estimates for 2025 suggesting a rise to 23 EH/s, Cipher Mining is positioning itself favorably within the evolving cryptocurrency mining landscape.
Bears say
Cipher Mining Inc. has reported a significant GAAP net income loss of $44.6 million, translating to an EPS of -$0.14, marking a decline from the previous year's loss of $25.8 million and -$0.10 per share. The company's revenue estimates for 2025 have been modestly lowered due to anticipated lower Bitcoin prices, now forecasting a total of $279.7 million and an EPS loss of $0.25, which reflects ongoing challenges in achieving hardware efficiency and potential setbacks in site expansions. Furthermore, the recent market downturn and the prolonged decline in Bitcoin prices pose substantial risks to the company's liquidity and could impede future expansion efforts.
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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