Cipher Mining is trading at $21.38 (+4.1%) in pre-market as rising cryptocurrency prices and a maintained Overweight rating from Morgan Stanley bolster investor sentiment.
- The move extends a sharp 16.97% gain from July 20, 2026, as Bitcoin and Ethereum climbed 1.5–1.8% since the last close.
- Morgan Stanley adjusted its price target for the miner to $47 while keeping its Overweight rating intact, signaling continued confidence in the stock.