H.C. Wainwright reiterates a Buy rating on Cipher Mining (CIFR) with a $6.75 price target The company reported “solid” Q1 results, reiterated its Q3 hash rate guidance of 23 EH/s, and announced a key development on its high performance computing initiatives, the analyst tells investors in a research note. The firm says Cipher’s newly formed joint venture with Fortress will accelerate its path to artificial intelligence monetization. H.C. Wainwright is surprised the shares initially traded down this morning, give the “positive news” on the “HPC/AI front, a key area of focus for investors.” The shares “deserve better,” contends H.C. Wainwright.

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Cipher Mining Reports Q1 2025 Financial Results Cipher Mining reports Q1 adjusted EPS 2c, consensus 4c CIFR Earnings Report this Week: Is It a Buy, Ahead of Earnings? Cipher Mining mines 174 Bitcoin in April Cipher Mining price target lowered to $6.75 from $8 at H.C. Wainwright