Cipher Mining (CIFR) Stock Today: JPMorgan Upgrade, Big Tech AI Deals, and the 2025–2026 Outlook
Cipher Mining (CIFR) shares fell 8% to around $18 Tuesday after recent highs, despite a 194% gain over the past year. JPMorgan upgraded the stock to “Overweight” with an $18 target, citing major AI data-center deals with AWS and Fluidstack/Google. Q3 revenue jumped 197% to $72 million, but the company posted a $3 million GAAP net loss. The stock remains volatile amid insider selling and analyst debate.