Cipher Stock Is On The Move: The Chart Tells An Interesting Story
Cipher Digital Inc (NASDAQ:CIFR) shares are jumping on Thursday despite the broader market trading with a more cautious tone.
CIFR - Cipher Mining Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$27.90
DETAILS
HIGH:
$42.50
LOW:
$18.00
MEDIAN:
$25.00
CONSENSUS:
$27.90
UPSIDE:
26.99%
Stock News
Forget Overpriced AI Software: 1 Unsung Energy Play Under $30 Powering the Tech Revolution
With megacap AI software names trading at triple-digit cash-flow multiples, value-oriented investors are quietly rotating into the physical layer of the buildout: power, land, and data center capacity.
Canaan Inc. Reports Unaudited First Quarter 2026 Financial Results
Revenue of US$62.7 million was in line with guidance; cryptocurrency treasury[1] reached a record 1,807.60 BTC and 3,951.53 ETH as of March 31, 2026 Installed mining computing power across 10 joint-mining projects reached approximately 11 EH/s, up 10.7% sequentially; Produced 257 bitcoins in Q1 Strategic energy infrastructure footprint expanded through the acquisition of 49% interest in ABC Projects in West Texas from Cipher Mining and Nordic hash-to-heat deployment SINGAPORE, May 19, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced its unaudited financial results for the three months ended March 31, 2026. First Quarter 2026 Operating and Financial Highlights Metrics Q1 2026 Market-readable takeaways Total revenue US$62.7 million In line with guidance Product revenue US$42.9 million Completed final deliveries under a major U.S. order Mining revenue US$19.1 million Resilient production despite BTC/hashprice volatility BTC produced 257 BTC Continued mining output Crypto treasury 1,807.60 BTC / 3,951.53 ETH Record high treasury Installed mining computing power ~11 EH/s Up 10.7% QoQ All-in power cost ~US$0.04/kWh Competitive mining cost base G&A expense US$15.0 million Down 11% QoQ Subsequent customer cash collections ~US$42 million Liquidity improved after quarter-end ABC Projects 49% interest / ~4.4 EH/s operating hashrate West Texas energy-compute footprint Nordic hash-to-heat Project 8MW planned / 2MW in operation Sustainable compute infrastructure use case Total revenues were US$62.7 million, which was in line with the Company's previous guidance range.
This Small Crypto Miner Pivoting to AI Infrastructure Is Up by 75% This Year. Is It a Buy?
The company has a 2.2 gigawatt pipeline and expects to sign three leases with tech tenants by the end of the year. Keel Infrastructure told investors its $533 million in liquidity is enough to execute leases at three of its sites.
Clarity Act Passes Senate Banking Committee, Crypto Stocks Rally
The Senate Banking Committee approved the Clarity Act in a bipartisan vote. But some issues are still up for debate.
Bitcoin Miners That Got Into AI Have Soaring Stocks. These Experts See More Gains Ahead
There's another set of artificial intelligence plays hidden in plain sight. And their roots are in crypto.
Charts to Watch: SPX All-Time High, CIFR & LLY Breakouts
@CharlesSchwab's Kevin Horner breaks down key market charts as the S&P 500 (SPX) taps new record highs, backed by investors defending the 10-day SMA. In stock movers, he highlights notable technical setups in Cipher Digital (CIFR) and Eli Lilly (LLY).
Cipher Digital Announces Participation in Upcoming Investor and Industry Conferences
NEW YORK, May 07, 2026 (GLOBE NEWSWIRE) -- Cipher Digital Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”), a leading developer, owner, and operator of industrial-scale data centers, today announced its participation in several upcoming industry conferences. Cipher's CEO, Tyler Page, may be featured in various discussions highlighting the Company's recent developments and growth strategy. If the presentation will be webcast, a link to such webcast will be posted on the Company's website at https://investors.cipherdigital.com, as well as on Cipher's X and LinkedIn platforms ahead of each event. Details of the Events:
Is Cipher Digital Inc. (CIFR) a Buy as Wall Street Analysts Look Optimistic?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Hut 8, Cipher Digital Stocks Boom As AI Data Center Deals Fuel Rally
Hut 8 Corp. (NASDAQ:HUT) shares soared Wednesday after the company reported first-quarter results and announced another major AI data center lease, extending a rally that has swept through bitcoin miners pivoting into high-performance computing infrastructure.
Stock Of The Day: Where Is The Top For Cipher Digital?
Cipher Digital Inc. (NASDAQ:CIFR) gained more than 20% yesterday. The company reported earnings.
Cipher Digital Q1 Loss Wider Than Expected, Revenues Decline Y/Y
CIFR posts a wider Q1 loss as revenues fall 28.5% Y/Y, while the company advances mining upgrades and data center buildouts.
Cipher Digital: 2 Tailwinds, 1 Undervalued Play
Cipher Digital surged 36% since my last bullish call, outperforming benchmarks and validating my thesis. I maintain a Buy rating as CIFR's pivot to the AI niche is a multi-year tailwind, with several favorable catalysts developing. Forward P/S remains attractive given expectations for 270% revenue growth next year, supporting potential for multiple expansion.
Stock Market Today, May 5: Cipher Digital Surges on AI Data Center Shift Backed by Hyperscale Leases
Cipher's reported lower Q1 2026 results were offset by new AI/HPC data center leases, a $200 million credit facility, and a long-term contracted revenue framework that could shift how investors value the company.
Why Cipher Digital Stock Is Skyrocketing Today
Cipher's Q1 sales and earnings may have missed the mark, but investors are liking other news released by the company.
Cipher Digital Inc. (CIFR) Q1 2026 Earnings Call Transcript
Cipher Digital Inc. (CIFR) Q1 2026 Earnings Call Transcript
Cipher Digital Inc. (CIFR) Reports Q1 Loss, Tops Revenue Estimates
Cipher Digital Inc. (CIFR) came out with a quarterly loss of $0.28 per share versus the Zacks Consensus Estimate of a loss of $0.27. This compares to a loss of $0.11 per share a year ago.
Cipher Digital Provides First Quarter 2026 Business Update
Development Timeline on Track at Barber Lake and Black Pearl Data Centers Signed Third AI Data Center Campus Lease with Investment-Grade Hyperscale Tenant Secured $200 Million Revolving Credit Facility Supported by a Syndicate of Leading Global Financial Institutions NEW YORK, May 05, 2026 (GLOBE NEWSWIRE) -- Cipher Digital Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”), a leading developer, owner, and operator of industrial-scale data centers, today announced its first quarter 2026 financial results, with an update on its operations and business strategy. “2026 is the year of execution for Cipher,” said Tyler Page, Chief Executive Officer.
Bitcoin surged in April, but weak buyer demand makes the rally vulnerable
Bitcoin gained 12.7% in April, registering back-to-back monthly gains and its best month since April 2025. The run was driven by leveraged trading activity in the derivatives market while demand for the spot bitcoin contracted, signaling weakness in the rally, according to CryptoQuant.
Here's Why Cipher Digital Inc. (CIFR) Fell More Than Broader Market
Cipher Digital Inc. (CIFR) concluded the recent trading session at $16.92, signifying a -1.97% move from its prior day's close.
Price Targets
Cipher Mining price target raised to $42.50 from $40.50 at Morgan Stanley
$42.50
(was $19.12)
Morgan Stanley
Cipher Mining price target raised to $25 from $22 at Needham
$25.00
(was $20.26)
Needham
Cipher Mining initiated with a Buy at Jefferies
$32.00
(was $21.24)
Jefferies
Cipher Mining price target raised to $40.50 from $38 at Morgan Stanley
$40.50
(was $18.45)
Morgan Stanley
Cipher Mining price target lowered to $22 from $24 at Cantor Fitzgerald
$22.00
(was $16.36)
Cantor Fitzgerald
Cipher Mining initiated with an Overweight at Morgan Stanley
$38.00
(was $14.73)
Stephen Byrd
·
Morgan Stanley
JPMorgan Upgrades Cipher Mining (CIFR) to Overweight
$18.00
(was $14.15)
Wells Fargo
Cipher Mining initiated with an Outperform at Citizens JMP
$30.00
(was $14.58)
JMP Securities
Cipher Mining price target raised to $27.50 from $14.50 at Northland
$27.50
(was $22.66)
Northland Securities
Cipher Mining (CIFR) PT Raised to $27 at Canaccord Genuity
$27.00
(was $22.76)
Joseph Vafi
·
Canaccord Genuity
Cipher Mining (CIFR) PT Raised to $30 at H.C. Wainwright
$30.00
(was $22.76)
Mike Colonnese
·
H.C. Wainwright
Cipher Mining price target raised to $25 from $17 at H.C. Wainwright
$25.00
(was $19.96)
H.C. Wainwright
Cipher Mining price target raised to $25 from $9 at BTIG
$25.00
(was $20.34)
BTIG
Cipher Mining price target raised to $15 from $10 at Needham
$15.00
(was $12.65)
Needham
Cipher Mining price target raised to $16 from $12 at Canaccord
$16.00
(was $12.65)
Joseph Vafi
·
Canaccord Genuity
Cipher Mining price target raised to $17 from $7.50 at H.C. Wainwright
$17.00
(was $12.20)
Mike Colonnese
·
H.C. Wainwright
Cipher Mining price target raised to $14.50 from $7 at Northland
$14.50
(was $11.47)
Mike Grondahl
·
Northland Securities
Northland Starts Cipher Mining (CIFR) at Outperform
$6.00
(was $3.90)
Mike Grondahl
·
Northland Securities
Compass Point Reiterates Buy Rating on Cipher Mining (CIFR)
$9.00
(was $3.44)
Joe Flynn
·
Compass Point
H.C. Wainwright Reiterates Buy Rating on Cipher Mining (CIFR)
$7.00
(was $3.58)
Mike Colonnese
·
H.C. Wainwright