RIOT icon

Riot Platforms

12.02 USD
+0.00
0.00%
At close Jan 8, 4:00 PM EST
Pre-market
12.03
+0.01
0.08%
1 day
0.00%
5 days
13.72%
1 month
7.23%
3 months
53.71%
6 months
31.51%
Year to date
14.91%
1 year
-23.63%
5 years
803.76%
10 years
186.87%
 

About: Riot Platforms Inc is a vertically integrated Bitcoin mining company focused on building, supporting, and operating blockchain technologies. The company's segments include Bitcoin Mining; Data Center Hosting and Engineering. It generates maximum revenue from the Bitcoin Mining segment which generates revenue from the Bitcoin the company earns through its mining activities.

Employees: 534

0
Funds holding %
of 6,810 funds
0
Analysts bullish %
of 6 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

69% more repeat investments, than reductions

Existing positions increased: 100 | Existing positions reduced: 59

7% more call options, than puts

Call options by funds: $147M | Put options by funds: $136M

3.88% less ownership

Funds ownership: 46.89% [Q2] → 43.01% (-3.88%) [Q3]

4% less funds holding

Funds holding: 268 [Q2] → 256 (-12) [Q3]

15% less first-time investments, than exits

New positions opened: 41 | Existing positions closed: 48

21% less capital invested

Capital invested by funds: $1.24B [Q2] → $973M (-$265M) [Q3]

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$11
8%
downside
Avg. target
$16.25
35%
upside
High target
$23
91%
upside

6 analyst ratings

positive
100%
neutral
0%
negative
0%
Piper Sandler
Patrick Moley
80% 1-year accuracy
35 / 44 met price target
91%upside
$23
Overweight
Initiated
17 Dec 2024
JP Morgan
Reginald Smith
54% 1-year accuracy
14 / 26 met price target
33%upside
$16
Overweight
Maintained
10 Dec 2024
Compass Point
Chase White
100% 1-year accuracy
9 / 9 met price target
8%upside
$13
Buy
Maintained
31 Oct 2024
Macquarie
Paul Golding
77% 1-year accuracy
34 / 44 met price target
46%upside
$17.50
Outperform
Maintained
31 Oct 2024
Needham
John Todaro
92% 1-year accuracy
55 / 60 met price target
8%downside
$11
Buy
Reiterated
31 Oct 2024

Financial journalist opinion

Based on 15 articles about RIOT published over the past 30 days

Positive
Zacks Investment Research
1 day ago
Wall Street Bulls Look Optimistic About Riot Platforms, Inc. (RIOT): Should You Buy?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Wall Street Bulls Look Optimistic About Riot Platforms, Inc. (RIOT): Should You Buy?
Neutral
PRNewsWire
3 days ago
Riot Announces December 2024 Production and Operations Updates
Riot Produces 516 Bitcoin in December 2024 CASTLE ROCK, Colo. , Jan. 6, 2025 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin ("BTC") mining, announces unaudited production and operations updates for December 2024.
Riot Announces December 2024 Production and Operations Updates
Neutral
GlobeNewsWire
6 days ago
Defiance Launches RIOX, The First 2X Leveraged Single-Stock ETF on Riot Platforms, Inc.
MIAMI, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Defiance ETFs is proud to unveil RIOX, the first 2X long ETF for Riot Platforms, Inc. RIOX seeks to provide 200% long daily targeted exposure to Riot Platforms, Inc. Defiance's single-stock ETFs provide leveraged exposure to disruptive companies without the need for a margin account. “Building off the success of MSTX, RIOX offers investors a unique opportunity to amplify their exposure to the rapidly evolving blockchain and cryptocurrency mining sector.
Defiance Launches RIOX, The First 2X Leveraged Single-Stock ETF on Riot Platforms, Inc.
Positive
Investors Business Daily
1 week ago
Bitcoin Set For 'Significant Bull Market,' Analyst Targets $225,000
Bitcoin and cryptocurrency miners are set for a major bull market after notching a record year for 2024, H.C. Wainwright writes.
Bitcoin Set For 'Significant Bull Market,' Analyst Targets $225,000
Positive
Schwab Network
1 week ago
Options Corner: NVDA, ALK, RIOT
It's a bull run of unusual trades on today's Options Corner. Tom White takes a look at trading examples in Nvidia (NVDA), Alaska Airlines (ALK) and Riot Platforms (RIOT).
Options Corner: NVDA, ALK, RIOT
Neutral
The Motley Fool
2 weeks ago
3 of the Fastest-Growing Stocks on the Planet in 2025
Wall Street and investors have little to complain about with just a few days left before we turn the page to 2025. When the closing bell tolled on Dec. 24, the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite had respectively galloped higher by 15%, 27%, and 33% for the year.
3 of the Fastest-Growing Stocks on the Planet in 2025
Positive
Zacks Investment Research
2 weeks ago
After Strong Run, Riot Platforms Stock Drops 10%: Time to Buy the Dip?
Given the recent decline in RIOT shares, we evaluate the stock's current position to determine whether it presents a good investment opportunity.
After Strong Run, Riot Platforms Stock Drops 10%: Time to Buy the Dip?
Positive
CNBC
2 weeks ago
Starboard sees an opportunity to create value at Riot Platforms amid growth in hyperscalers
Riot Platforms is in a solid position to capitalize on an opportunity to lease capacity to hyperscalers.
Starboard sees an opportunity to create value at Riot Platforms amid growth in hyperscalers
Positive
Zacks Investment Research
2 weeks ago
Wall Street Analysts Think Riot Platforms, Inc. (RIOT) Is a Good Investment: Is It?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Wall Street Analysts Think Riot Platforms, Inc. (RIOT) Is a Good Investment: Is It?
Negative
The Motley Fool
2 weeks ago
Missed Out on MicroStrategy Stock? Chairman Michael Saylor Is Praising This Little-Known Stock That's Doubled in Value in Just the Last 3 Months.
In September, Riot Platforms (RIOT -6.36%) stock dropped down to almost $6 per share, falling to its lowest price in nearly two years. In the three short months since, Riot Platforms stock has more than doubled.
Missed Out on MicroStrategy Stock? Chairman Michael Saylor Is Praising This Little-Known Stock That's Doubled in Value in Just the Last 3 Months.
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