Cipher Mining (CIFR) has shifted focus from crypto mining to AI and high-performance computing, reshaping investor sentiment. Quarterly results are due on Feb. 24, offering insight into their AI-driven transformation. Cipher’s stock has surged 174.58% in the past year, outperforming the S&P 500. Q3 earnings showed strong growth in Bitcoin mining revenue and transformative hosting agreements with major tech giants. Analysts are bullish on Cipher Mining stock, with a consensus “Strong Buy” rating and a price target implying 64.25% upside. Morgan Stanley set a $38 target, suggesting a potential 131.4% surge.
Read more at Barchart: Dear Cipher Mining Stock Fans, Mark Your Calendars for February 24
