Fintel reports that on September 23, 2026, UBS initiated coverage of Cipher Digital (NASDAQGS:CIFR) (BIT:1CIFR) with a Buy recommendation. The closing price of Cipher Digital on September 23, 2026, was $18.36, following a pre-action close of $19.09 on September 22, 2026.
Looking at historical market performance, the stock experienced a price change of +9.81% over one week, relative to a baseline close of $16.72 on September 16, 2026. Over a one-month period, the price change was +16.46% from a baseline close of $15.76 on August 21, 2026. In its latest earnings report on August 4, 2026, Cipher Digital reported an actual EPS of -0.65, compared to an estimated EPS of -0.2388. The company's actual revenue for the period was $24,837,000.00, which was below the estimated revenue of $33,164,963.00.
Separately from the UBS rating, the current consensus target mean for the stock was $31.08 as of September 15, 2026, representing an implied change of +69.26% from previous levels. The current consensus target median was $30.60. This compares to a prior consensus target mean of $31.51 on August 28, 2026, reflecting a consensus target revision of -1.38%. As of the September 1, 2026 recommendation period, the aggregate analyst sentiment showed 6 strong buy, 17 buy, 2 hold, 0 sell, and 0 strong sell recommendations, totaling 25 recommendations. This breakdown represents 92.0% positive, 8.0% hold, and 0.0% negative recommendations, which remained unchanged from the August 1, 2026 period.
Other recent analyst activities include Rothschild & Co initiating coverage with a Neutral rating on September 21, 2026. On September 18, 2026, Morgan Stanley maintained an Overweight rating, and Freedom Capital Markets initiated coverage with a Hold rating. Wells Fargo initiated coverage with an Overweight rating on September 17, 2026. Additionally, Rosenblatt maintained a Buy rating on both September 10, 2026, and September 4, 2026.
Recent analyst actions
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This story originally appeared on Fintel.