Blog Archive

Showing posts with label CIFR. Show all posts
Showing posts with label CIFR. Show all posts

Thursday, March 21, 2024

CIFR

The average price target for Cipher Mining is $5.83. 

This is based on 3 Wall Streets Analysts 12-month price targets, issued in the past 3 months. 

The highest analyst price target is $8.00 ,the lowest forecast is $4.50. 

The average price target represents 42.20% Increase from the current price of $4.1.

Is a 75 PE ratio good?

Price Earnings Ratio - [ Formula, Example ] - P/E Ratio ...

For example, if a company has been growing at 10% per year over the past five years but has a P/E ratio of 75, then conventional wisdom would say that the shares are expensive.

Certainly! Let’s take a look at the recent progress of Cipher Mining Inc. (CIFR):


Current Price: $3.95 per share.

Previous Close: $3.53 per share.

Day’s Range: $3.40 - $4.07.

52-Week Range: $1.76 - $5.60.

Market Cap: Approximately $1.17 billion.

Earnings Date: Expected between May 7, 2024, and May 13, 2024.

EPS (TTM): Reported as 0.05(beatingexpectationsof-0.07) in the most recent earnings call1.

Performance Outlook:


Short Term (2 weeks to 6 weeks): Positive.

Mid Term (6 weeks to 9 months): Positive.

Long Term (9 months and beyond): Positive.



Fair Value Estimate: Approximately $5.00 per share.

Beta (5Y Monthly): 2.07.