This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts’ Top Technology Picks: Daktronics (DAKT), Cipher Mining (CIFR)

Tipranks - Tipranks - Thu Jun 25, 3:48PM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Daktronics (DAKT) and Cipher Mining (CIFR) with bullish sentiments.

TipRanks' Prime Week Sale - 70% Off

Daktronics (DAKT)

Craig-Hallum analyst Aaron Spychalla maintained a Buy rating on Daktronics yesterday. The company’s shares closed last Wednesday at $19.33, close to its 52-week high of $19.89.

According to TipRanks.com, Spychalla is a 5-star analyst with an average return of 24.9% and a 62.5% success rate. Spychalla covers the Industrial Goods sector, focusing on stocks such as Babcock & Wilcox Company, Bowman Consulting Group, and Orion Group Holdings. ;'>

Currently, the analyst consensus on Daktronics is a Moderate Buy with an average price target of $26.00, a 20.1% upside from current levels. In a report issued on June 13, Roth MKM also initiated coverage with a Buy rating on the stock with a $26.00 price target.

See the top stocks recommended by analysts >>

Cipher Mining (CIFR)

BTIG analyst Gregory Lewis maintained a Buy rating on Cipher Mining today and set a price target of $35.00. The company’s shares closed last Wednesday at $26.25.

According to TipRanks.com, Lewis is a top 100 analyst with an average return of 35.1% and a 59.7% success rate. Lewis covers the Industrial Goods sector, focusing on stocks such as Capital Clean Energy Carriers, Nano Nuclear Energy Inc., and Legence Corp. Class A. ;'>

Currently, the analyst consensus on Cipher Mining is a Strong Buy with an average price target of $30.85, which is a 12.0% upside from current levels. In a report issued on June 10, Bernstein also maintained a Buy rating on the stock with a $32.00 price target.

Read More on DAKT:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2026.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).