Bernstein Keeps Their Buy Rating on Cipher Mining (CIFR)

Bernstein analyst Gautam Chhugani maintained a Buy rating on Cipher Mining yesterday and set a price target of $32.00. The company’s shares closed yesterday at $15.50.

According to TipRanks, Chhugani is a 5-star analyst with an average return of 23.6% and a 45.86% success rate. Chhugani covers the Financial sector, focusing on stocks such as Riot Platforms, MARA Holdings, and IREN.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Cipher Mining with a $30.59 average price target, representing a 97.35% upside. In a report released on August 26, J.P. Morgan also maintained a Buy rating on the stock with a $22.00 price target.

Based on Cipher Mining’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $24.84 million and a GAAP net loss of $267.53 million. In comparison, last year the company earned a revenue of $43.57 million and had a GAAP net loss of $45.78 million

Based on the recent corporate insider activity of 69 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CIFR in relation to earlier this year. Most recently, in June 2026, Cary Grossman, a Director at CIFR sold 15,000.00 shares for a total of $441,450.00.