Should I Buy CIFR? CIFR 2026 Analysis

Should You Buy Cipher Mining Inc (CIFR) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

14.730

1 Day change

15.98%

52 Week Range

25.520

Analysis Updated At

2026/02/04

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Not a good buy right now: price is breaking down below key support with bearish momentum (MACD negative/expanding) and no proprietary buy signals.
Bullish longer-term setup remains (analyst upgrades/raised targets + hedge fund buying + AI/HPC colocation narrative), but today’s tape is weak and leverage/news flow adds near-term downside risk.
Best decision for an impatient buyer: stay on the sidelines today (hold/avoid new entry) rather than buy into a falling move near the next support.

Technical Analysis

Trend/momentum: Bearish near-term; MACD histogram -0.2 below zero and worsening (negative expansion) signals downside momentum is strengthening.
RSI(6)=40.1: neutral-to-weak; not oversold enough to imply a high-confidence bounce.
Moving averages: converging (no clear trend support from MAs), consistent with an unstable/transitioning trend.
Key levels: Price ~14.90 is below S1=15.48 (broken support). Next support S2=14.40 is the nearby downside magnet; resistance/pivot overhead at 17.23 then 18.98.
Probabilistic pattern read: modest positive drift over 1W/1M in the pattern set, but current momentum/level break argues against immediate entry today.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Positioning/sentiment: Open Interest put/call 0.39 is call-heavy (bullish positioning). Volume put/call 0.61 also favors calls (bullish day-to-day flow).
Volatility: IV30 ~120% vs historical vol ~142% (still extremely high); IV percentile ~60.8 suggests elevated but not extreme vs its own history.
Activity: Today volume ~169k is ~78.7% of 30D average (not a capitulation spike); open interest ~1.62M is ~106.7% vs avg (crowded options interest).
Takeaway: Options skew is bullish, but not signaling a panic bottom today; it’s supportive for the bull case but doesn’t override the bearish technical break.

Technical Summary

Sell

Buy

Positive Catalysts

- Hedge funds are buying: reported buying amount +106.57% QoQ (supports institutional accumulation narrative).
- Analysts remain positive and have recently raised targets (notably to $22), reinforcing the AI colocation/HPC optionality thesis.
- News catalyst: $2B senior secured notes intended to fund completion of the Black Pearl Facility and reimburse prior equity contributions—could accelerate buildout and improve strategic flexibility for AI/HPC.

Neutral/Negative Catalysts

- Price action is decisively weak today: -7.35% regular session and additional pre-market weakness; breakdown below S1 increases probability of testing S2 (~14.40).
- Financing overhang: large $2B secured notes increases leverage/interest burden and can pressure equity sentiment short term.
- Business/sector risk: bitcoin mining economics remain sensitive to BTC/network difficulty; prior analyst note cited stubbornly high network competition.
- Upcoming earnings (QDEC 2025 on 2026-03-06 pre-market) can add event risk if margins/AI colocation progress disappoints.

Financial Performance

Latest reported quarter: 2025/Q3.
Revenue: $71.7M, up +197.51% YoY (strong top-line growth).
Profitability: Net income -$3.28M (down -96.22% YoY) and EPS -$0.01 (down -96.15% YoY) — growth has not translated into earnings.
Margins: Gross margin -20.33% (down -75% YoY), indicating cost pressure/inefficiency remains a major issue despite revenue growth.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Recent trend: Wall Street has been getting more constructive—multiple Outperform/Overweight ratings with targets generally in the high teens to $30.
Latest changes: Keefe Bruyette raised PT to $22 from $13 (kept Outperform) ahead of the Q4 report, citing constructive AI colocation execution and 2026 lease signings.
Other notable bullish moves: JPMorgan upgraded to Overweight with $18 PT; Citizens JMP initiated Outperform with $30 PT (AI/HPC power scarcity thesis).
Wall Street pros: AI/HPC colocation optionality + power assets/approved sites could drive medium-term upside.
Wall Street cons: mining competition/hash-price pressure and execution risk; financing/leverage can weigh on the equity near term.
Influential/political trading: No recent congress trading data available; insider trend reported as neutral.

11 Analyst Rating

Wall Street analysts forecast CIFR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CIFR is 26.23 USD with a low forecast of 18 USD and a high forecast of 34 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

10 Buy

1 Hold

0 Sell

Strong Buy

Current: 12.700

Low

Averages

26.23

High

Current: 12.700

Low

Averages

26.23

High

Keefe Bruyette

Stephen Glagola

upgrade

$13 -> $22

AI Analysis

2026-01-27

Reason

Keefe Bruyette

Stephen Glagola

Price Target

$13 -> $22

AI Analysis

2026-01-27

upgrade

Reason

Keefe Bruyette analyst Stephen Glagola raised the firm's price target on Cipher Mining to $22 from $13 and keeps an Outperform rating on the shares.

Keefe Bruyette

Outperform

upgrade

$13 -> $22

2026-01-26

Reason

Keefe Bruyette

Price Target

$13 -> $22

2026-01-26

upgrade

Outperform

Reason

Keefe Bruyette raised the firm's price target on Cipher Mining to $22 from $13 and keeps an Outperform rating on the shares. The firm updated the company's model ahead of the Q4 report to reflect recent business developments and hash price trends. Cipher is executing well on its AI colocation strategy, says Keefe, which is "constructive" on the company's 2026 lease signings.

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CIFR Should I Buy

CIFR Should I Buy

Should You Buy Cipher Mining Inc (CIFR) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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