Cipher Mining Inc. (NASDAQ:CIFR) Sees Positive Outlook from Morgan Stanley
Cipher Mining Cipher Mining (US:CIFR) Financial Modeling Prep·2026-02-09 15:06

Company Overview - Cipher Mining Inc. is engaged in the cryptocurrency mining industry, focusing on developing and operating bitcoin mining data centers, aiming for efficient and sustainable mining solutions [1] Stock Performance and Analyst Ratings - On February 9, 2026, Morgan Stanley upgraded Cipher Mining's stock from Underweight to Overweight, with the stock priced at $14.73 at the time of the upgrade [2] - The stock opened at $13.66 and last traded at $14.03, reflecting a notable increase from its previous close of $12.70 [2] - Analysts from Rosenblatt Securities raised their price target to $33.00 with a "buy" rating, while Citigroup and JMP Securities expressed optimism with an "outperform" rating and price targets of $30.00 [3] Stock Volatility and Market Activity - Cipher Mining's stock has shown significant fluctuations, with a 15.98% increase, reflecting a $2.03 change, and trading within a range of $13.45 to $14.86 [4] - Over the past year, the stock reached a high of $25.52 and a low of $1.86, indicating its volatile nature [4] - The company's market capitalization is approximately $5.82 billion [4] Trading Volume and Investor Interest - The trading volume for CIFR today is notably high, with 31,185,318 shares traded, suggesting growing investor interest and confidence in the company's future prospects [5]

Cipher Mining Inc. (NASDAQ:CIFR) Sees Positive Outlook from Morgan Stanley - Reportify