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Cipher Mining ( (CIFR) ) has issued an announcement.
On June 3, 2025, Cipher Mining Inc. held its Annual Meeting of Stockholders, where 71.38% of the company’s common stock was represented. During the meeting, stockholders elected directors for terms expiring in 2028, ratified the appointment of CBIZ CPAs P.C. as the independent registered public accounting firm, and approved executive compensation and its advisory vote frequency, indicating continued shareholder support for the company’s governance and financial strategies.
The most recent analyst rating on (CIFR) stock is a Buy with a $8.00 price target. To see the full list of analyst forecasts on Cipher Mining stock, see the CIFR Stock Forecast page.
Spark’s Take on CIFR Stock
According to Spark, TipRanks’ AI Analyst, CIFR is a Neutral.
Cipher Mining’s stock score is influenced by strong revenue growth and positive technical indicators, yet hindered by profitability issues and an unattractive valuation. The earnings call provided promising expansion guidance, but financial performance remains a key area of concern.
To see Spark’s full report on CIFR stock, click here.
More about Cipher Mining
Cipher Mining Inc. operates in the cryptocurrency industry, focusing on bitcoin mining operations. The company is engaged in developing and managing data centers to mine cryptocurrencies, aiming to be a leading bitcoin mining company in the United States.
Average Trading Volume: 16,010,065
Technical Sentiment Signal: Strong Sell
Current Market Cap: $1.31B
See more data about CIFR stock on TipRanks’ Stock Analysis page.