In last trading session, Cipher Mining Inc (NASDAQ:CIFR) saw 11.29 million shares changing hands with its beta currently measuring 2.52. Company’s recent per share price level of $3.03 trading at -$0.17 or -5.31% at ring of the bell on the day assigns it a market valuation of $1.10B. That closing price of CIFR’s stock is at a discount of -163.7% from its 52-week high price of $7.99 and is indicating a premium of 12.54% from its 52-week low price of $2.65. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 16.62 million shares which gives us an average trading volume of 13.42 million if we extend that period to 3-months.
For Cipher Mining Inc (CIFR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.18. Splitting up the data highlights that, out of 8 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Cipher Mining Inc (NASDAQ:CIFR) trade information
Upright in the red during last session for losing -5.31%, in the last five days CIFR remained trading in the red while hitting it’s week-highest on Friday, 03/07/25 when the stock touched $3.03 price level, adding 23.29% to its value on the day. Cipher Mining Inc’s shares saw a change of -34.70% in year-to-date performance and have moved -20.05% in past 5-day. Cipher Mining Inc (NASDAQ:CIFR) showed a performance of -46.84% in past 30-days. Number of shares sold short was 27.16 million shares which calculate 1.64 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 7.5 to the stock, which implies a rise of 59.6% to its current value. Analysts have been projecting 6 as a low price target for the stock while placing it at a high target of 9. It follows that stock’s current price would drop -98.02% in reaching the projected high whereas dropping to the targeted low would mean a loss of -98.02% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -129.25% during past 5 years.
Cipher Mining Inc (NASDAQ:CIFR)’s Major holders
Insiders are in possession of 30.18% of company’s total shares while institution are holding 64.76 percent of that, with stock having share float percentage of 92.75%. Investors also watch the number of corporate investors in a company very closely, which is 64.76% institutions for Cipher Mining Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at CIFR for having 13.0 million shares of worth $53.94 million. And as of 2024-06-30, it was holding 4.3816 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 12.31 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.1487 of outstanding shares, having a total worth of $51.07 million.
On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 7.69 shares of worth $23.31 million or 2.09% of the total outstanding shares. The later fund manager was in possession of 5.5 shares on Dec 31, 2024 , making its stake of worth around $16.68 million in the company or a holder of 1.50% of company’s stock.
