---
title: "Cipher Mining (NASDAQ:CIFR) Shares Gap Down   - Time to Sell?"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/265760628.md"
description: "Cipher Mining's stock (NASDAQ:CIFR) gapped down, opening at $16.65 from a previous close of $17.38. Analysts have mixed ratings: Canaccord Genuity raised its target price to $27.00, while Weiss Ratings reiterated a 'sell' rating. The company reported better-than-expected quarterly earnings, with a negative net margin of 34.16%. Insider sales and hedge fund activities are noted, with institutional investors owning 12.26% of the stock."
datetime: "2025-11-13T15:52:55.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/265760628.md)
  - [en](https://longbridge.com/en/news/265760628.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/265760628.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/265760628.md) | [繁體中文](https://longbridge.com/zh-HK/news/265760628.md)


# Cipher Mining (NASDAQ:CIFR) Shares Gap Down   - Time to Sell?

Cipher Mining Inc. (NASDAQ:CIFR - Get Free Report)'s stock price gapped down before the market opened on Thursday . The stock had previously closed at $17.38, but opened at $16.65. Cipher Mining shares last traded at $16.3810, with a volume of 7,571,325 shares changing hands.

Get **Cipher Mining** alerts:

## Analyst Upgrades and Downgrades

-   Why Now Could Be the Smartest Time to Buy Crypto Stocks

CIFR has been the subject of a number of research analyst reports. Jones Trading began coverage on Cipher Mining in a report on Monday, July 21st. They issued a "hold" rating for the company. Canaccord Genuity Group reaffirmed a "buy" rating and set a $27.00 target price (up previously from $16.00) on shares of Cipher Mining in a research note on Tuesday, November 4th. Weiss Ratings reiterated a "sell (e+)" rating on shares of Cipher Mining in a report on Tuesday. JPMorgan Chase & Co. boosted their price objective on shares of Cipher Mining from $6.00 to $12.00 and gave the company a "neutral" rating in a research report on Friday, September 26th. Finally, HC Wainwright increased their target price on shares of Cipher Mining to $30.00 and gave the stock a "buy" rating in a research report on Monday, November 3rd. Twelve analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Cipher Mining has an average rating of "Moderate Buy" and a consensus target price of $23.77.

**Get Our Latest Stock Analysis on CIFR**

## Cipher Mining Trading Down 9.5%

-   4 Blockchain Stocks That Aren’t Coinbase

The company has a market cap of $6.22 billion, a price-to-earnings ratio of -89.21 and a beta of 2.91. The company's 50 day moving average price is $15.90 and its 200 day moving average price is $8.69. The company has a debt-to-equity ratio of 1.31, a quick ratio of 2.49 and a current ratio of 2.49.

Cipher Mining (NASDAQ:CIFR - Get Free Report) last issued its quarterly earnings data on Monday, November 3rd. The company reported ($0.01) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.08) by $0.07. Cipher Mining had a negative net margin of 34.16% and a negative return on equity of 9.57%. The firm had revenue of $71.71 million during the quarter, compared to analysts' expectations of $79.13 million. Research analysts anticipate that Cipher Mining Inc. will post -0.31 EPS for the current year.

## Insider Activity at Cipher Mining

-   Beyond the Halving: The Future of Bitcoin Mining Stocks

In related news, major shareholder Holding Ltd V3 sold 3,504,540 shares of the firm's stock in a transaction that occurred on Thursday, September 25th. The stock was sold at an average price of $12.36, for a total value of $43,316,114.40. Following the transaction, the insider directly owned 71,437,719 shares of the company's stock, valued at approximately $882,970,206.84. This trade represents a 4.68% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Over the last quarter, insiders sold 20,822,449 shares of company stock worth $279,929,441. Corporate insiders own 2.63% of the company's stock.

## Hedge Funds Weigh In On Cipher Mining

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Sherman Asset Management Inc. acquired a new stake in shares of Cipher Mining in the third quarter worth $25,000. Stoneridge Investment Partners LLC acquired a new position in Cipher Mining during the 1st quarter worth $29,000. Hollencrest Capital Management bought a new stake in Cipher Mining during the third quarter valued at about $31,000. Peterson Wealth Services bought a new stake in Cipher Mining during the third quarter valued at about $41,000. Finally, Steward Partners Investment Advisory LLC increased its stake in shares of Cipher Mining by 258.1% in the second quarter. Steward Partners Investment Advisory LLC now owns 9,041 shares of the company's stock worth $43,000 after purchasing an additional 6,516 shares during the period. Institutional investors and hedge funds own 12.26% of the company's stock.

## About Cipher Mining

(Get Free Report)

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.

## Featured Stories

-   Five stocks we like better than Cipher Mining
-   Investing in Travel Stocks Benefits
-   4 High-Yield Real Estate Stocks to Buy as Investors Get Defensive
-   EV Stocks and How to Profit from Them
-   Oklo’s Meltdown Is Over: A Robust Rebound Lies Ahead
-   10 Best Airline Stocks to Buy
-   3 Reasons On Holding’s Sell-Off Is Over and New Highs Are Coming

_This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._

## Should You Invest $1,000 in Cipher Mining Right Now?

Before you consider Cipher Mining, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cipher Mining wasn't on the list.

While Cipher Mining currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

### Related Stocks

- [Cipher Digital Inc. (CIFR.US)](https://longbridge.com/en/quote/CIFR.US.md)

## Related News & Research

- [Cipher Mining (NASDAQ:CIFR)  Shares Down 5.1%  After Insider Selling](https://longbridge.com/en/news/280653186.md)
- [Cipher Digital Shares Jump on Landmark 15-Year Data Center Lease and $200M Credit Facility](https://longbridge.com/en/news/280466723.md)
- [Cipher Digital (CIFR) Valuation Check After Rebrand And Strong Recent Share Price Momentum](https://longbridge.com/en/news/280672612.md)
- [Nuveen NASDAQ 100 Dynamic Overwrite Fund (NASDAQ:QQQX) Short Interest Update](https://longbridge.com/en/news/280383116.md)
- [Monashee Investment Management LLC Reduces Holdings in Cipher Mining Inc. $CIFR](https://longbridge.com/en/news/277354816.md)