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Cipher Digital Inc. (CIFR) Stock Analysis

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Free AI-powered analysis and research for Cipher Digital Inc. stock

Sector: Technology

Full CIFR report

Cipher Digital Inc. (CIFR) is listed in the Technology sector. The snapshot on this page updates daily; run a full report for the complete breakdown.

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๐Ÿ“ฐ Latest Update

JPMorgan Calls CIFR Stock โ€˜Substantially Undervaluedโ€™ Amid Fresh Price Target Cuts

JPMorgan has labeled Cipher Digital (CIFR) stock as "substantially undervalued," despite lowering its price target from $22 to $18 following the company's third-quarter results. CIFR shares rose over 11% in morning trading amid a sector rebound, while other firms like Northland and Wells Fargo also cut their price targets but maintained positive ratings. The company reported third-quarter revenue of $26.7 million, down from $71.7 million a year earlier, and posted a diluted loss of $0.22 per share.

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