Newsflash: Cipher Mining Inc. (NASDAQ:CIFR) Analysts Have Been Trimming Their Revenue Forecasts

Simply Wall St.11-13

Market forces rained on the parade of Cipher Mining Inc. (NASDAQ:CIFR) shareholders today, when the analysts downgraded their forecasts for next year. Revenue estimates were cut sharply as analysts ...

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Revenue estimates were cut sharply as analysts ...</p>\n\n<a href=\"https://finance.yahoo.com/news/newsflash-cipher-mining-inc-nasdaq-120900074.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Newsflash: Cipher Mining Inc. 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(NASDAQ:CIFR) Analysts Have Been Trimming Their Revenue Forecasts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-13 20:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/newsflash-cipher-mining-inc-nasdaq-120900074.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Market forces rained on the parade of Cipher Mining Inc. (NASDAQ:CIFR) shareholders today, when the analysts downgraded their forecasts for next year. Revenue estimates were cut sharply as analysts ...</p>\n\n<a href=\"https://finance.yahoo.com/news/newsflash-cipher-mining-inc-nasdaq-120900074.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".IXIC","symbol_name":"NASDAQ Composite","start_time":0,"source_url":"https://finance.yahoo.com/news/newsflash-cipher-mining-inc-nasdaq-120900074.html","article_id":"2483094380","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/gnGTQ_q9KCdl7Xvx_ppB0g--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/0fe4d5d105492213ce106a92b49639d4"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483094380","pubTimestamp":1731499740,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Market forces rained on the parade of Cipher Mining Inc.  shareholders today, when the analysts downgraded their forecasts for next year. Revenue estimates were cut sharply as analysts signalled a weaker outlook - perhaps a sign that investors should temper their expectations as well. Investors however, have been notably more optimistic about Cipher Mining recently, with the stock price up a magnificent 38% to US$7.35 in the past week. With such a sharp increase, it seems brokers may have seen something that is not yet being priced in by the wider market.After this downgrade, Cipher Mining's ten analysts are now forecasting revenues of US$299m in 2025. This would be a substantial 96% improvement in sales compared to the last 12 months. Before the latest update, the analysts were foreseeing US$341m of revenue in 2025. The consensus view seems to have become more pessimistic on Cipher Mining, noting the measurable cut to revenue estimates in this update.NasdaqGS:CIFR Earnings and Revenue","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{".IXIC":"NASDAQ Composite","CIFRW":"Cipher Mining Inc. Warrant","NDAQ":"纳斯达克OMX交易所","CIFR":"Cipher Mining Inc."},"translate_title":"快讯：Cipher Mining Inc.（纳斯达克：CIFR）分析师一直在下调收入预测","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".IXIC":1,"CIFR":1,"NDAQ":1,"CIFRW":0.9},"content_text":"Market forces rained on the parade of Cipher Mining Inc. (NASDAQ:CIFR) shareholders today, when the analysts downgraded their forecasts for next year. Revenue estimates were cut sharply as analysts signalled a weaker outlook - perhaps a sign that investors should temper their expectations as well. Investors however, have been notably more optimistic about Cipher Mining recently, with the stock price up a magnificent 38% to US$7.35 in the past week. With such a sharp increase, it seems brokers may have seen something that is not yet being priced in by the wider market. \n After this downgrade, Cipher Mining's ten analysts are now forecasting revenues of US$299m in 2025. This would be a substantial 96% improvement in sales compared to the last 12 months. Before the latest update, the analysts were foreseeing US$341m of revenue in 2025. The consensus view seems to have become more pessimistic on Cipher Mining, noting the measurable cut to revenue estimates in this update. \n See our latest analysis for Cipher Mining \n\n\n\n  NasdaqGS:CIFR Earnings and Revenue Growth November 13th 2024\n \n\n These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Cipher Mining's past performance and to peers in the same industry. We would highlight that Cipher Mining's revenue growth is expected to slow, with the forecast 71% annualised growth rate until the end of 2025 being well below the historical 112% p.a. growth over the last three years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 12% annually. So it's pretty clear that, while Cipher Mining's revenue growth is expected to slow, it's still expected to grow faster than the industry itself. \nThe Bottom Line \n The clear low-light was that analysts slashing their revenue forecasts for Cipher Mining next year. They're also forecasting more rapid revenue growth than the wider market. Given the stark change in sentiment, we'd understand if investors became more cautious on Cipher Mining after today. \n Still got questions? At least one of Cipher Mining's ten analysts has provided estimates out to 2026, which can be seen for free  on our platform here. \n Of course, seeing company management  invest large sums of money in a stock can be just as useful as knowing whether analysts are downgrading their estimates. So you may also wish to search this free list of stocks with high insider ownership. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2483094380"}