Wall Street Cuts Cipher Mining (CIFR) and TeraWulf (WULF) Price Targets

Keefe, Bruyette & Woods Has Lowered Expectations for Cipher Mining (NASDAQ:CIFR) Stock Price

Keefe, Bruyette & Woods dropped their price target on shares of Cipher Mining from $22.00 to $20.00 and set an "outperform" rating on the stock in a report on Wednesday.

Wall Street Cuts Cipher Mining (CIFR) and TeraWulf (WULF) Price Targets

Quick Read Cipher Digital (CIFR) has $9.3B in contracted HPC revenue from 15-year AWS and 10-year Google/Fluidstack leases targeting October 2026 energization, though Keefe Bruyette cut its price target to $20 from $22 citing lower hash prices and higher spending. TeraWulf (WULF) holds $12.8B in long-term contracted HPC revenue with 522 MW of critical IT capacity, but Keefe Bruyette trimmed its target to $23 from $24 to reflect elevated capital…