How much should you buy cipher mining (cipher)?

The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Analysts have set 12-month price targets for Cipher Mining, revealing an average target of $5.3, a high estimate of $6.00, and a low estimate of $5.00.

Did cipher upgrade its mining rigs?

Under the amended contract, Cipher also upgraded the machines to Bitmain’s most efficient S21 Pro mining rigs. The Company simultaneously entered into a new agreement with Canaan to purchase approximately 1.25 EH/s of its latest generation A1566 miners for delivery in 4Q24.

How do analysts evaluate cipher mining?

Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Cipher Mining compared to the broader market. Price Targets: Understanding forecasts, analysts offer estimates for Cipher Mining's future value.