HC Wainwright Has Negative View of Cipher Mining Q2 Earnings

Cipher Mining Inc. (NASDAQ:CIFR) – Research analysts at HC Wainwright dropped their Q2 2025 earnings per share (EPS) estimates for Cipher Mining in a report issued on Tuesday, May 6th. HC Wainwright analyst M. Colonnese now anticipates that the company will post earnings per share of ($0.13) for the quarter, down from their previous forecast 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 earnings results on Tuesday, May 6th. The company reported ($0.11) EPS for the quarter, meeting analysts’ consensus estimates of ($0.11). The company had revenue of $48.96 million during the quarter, compared to analysts’ expectations of $53.57 million. Cipher Mining had a negative return on equity of 8.29% and a negative net margin of 33.39%.

Several other equities analysts have also recently commented on CIFR. Cantor Fitzgerald decreased their price target on shares of Cipher Mining from $11.00 to $10.00 and set an “overweight” rating for the company in a research report on Tuesday, February 4th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $5.50 target price on shares of Cipher Mining in a report on Wednesday. Canaccord Genuity Group reiterated a “buy” rating and issued a $8.00 price target on shares of Cipher Mining in a research note on Thursday. Needham & Company LLC dropped their price objective 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. Finally, JPMorgan Chase & Co. cut shares of Cipher Mining from an “overweight” rating to a “neutral” rating in a research report on Thursday, March 13th. One analyst has rated the stock with a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, Cipher Mining currently has a consensus rating of “Buy” and an average target price of $8.03.

Cipher Mining Trading Down 4.5 %

NASDAQ CIFR opened at $2.98 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.57 and a current ratio of 2.57. The firm has a market cap of $1.11 billion, a price-to-earnings ratio of -22.92 and a beta of 2.61. The firm has a 50 day simple moving average of $2.80 and a 200-day simple moving average of $4.70. Cipher Mining has a one year low of $1.86 and a one year high of $7.99.

Institutional Investors Weigh In On Cipher Mining

A number of institutional investors and hedge funds have recently bought and sold shares of CIFR. Voya Investment Management LLC grew its stake in Cipher Mining by 3.6% during the 4th quarter. Voya Investment Management LLC now owns 59,135 shares of the company’s stock worth $274,000 after buying an additional 2,036 shares during the last quarter. Xponance Inc. increased its holdings in shares of Cipher Mining by 17.8% in the 4th quarter. Xponance Inc. now owns 14,151 shares of the company’s stock valued at $66,000 after acquiring an additional 2,140 shares during the period. Russell Investments Group Ltd. raised its position in Cipher Mining by 17.4% in the 4th quarter. Russell Investments Group Ltd. now owns 14,524 shares of the company’s stock valued at $67,000 after purchasing an additional 2,149 shares during the last quarter. Mackenzie Financial Corp boosted its stake in Cipher Mining by 26.6% during the 4th quarter. Mackenzie Financial Corp now owns 13,095 shares of the company’s stock worth $61,000 after purchasing an additional 2,754 shares during the period. Finally, Tobam increased its stake in Cipher Mining by 22.7% in the fourth quarter. Tobam now owns 18,023 shares of the company’s stock valued at $84,000 after purchasing an additional 3,336 shares during the period. 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.