Riot PlatformsRIOT
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 and Engineering. The Bitcoin Mining segment generates revenue from the Bitcoin the Company earns through its Bitcoin Mining activities. The Engineering segment generates revenue through customer contracts for custom engineered electrical products. It generates the majority of its revenue from the Bitcoin Mining segment.
Employees: 783
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
165% more first-time investments, than exits
New positions opened: 98 | Existing positions closed: 37
101% more capital invested
Capital invested by funds: $971M [Q3] → $1.95B (+$982M) [Q4]
34% more call options, than puts
Call options by funds: $506M | Put options by funds: $378M
31% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 71
22% more funds holding
Funds holding: 258 [Q3] → 315 (+57) [Q4]
12.69% more ownership
Funds ownership: 42.91% [Q3] → 55.6% (+12.69%) [Q4]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
JP Morgan Reginald Smith 28% 1-year accuracy 7 / 25 met price target | 88%upside $13 | Overweight Maintained | 13 Mar 2025 |
Roth MKM Darren Aftahi 4% 1-year accuracy 1 / 23 met price target | 189%upside $20 | Buy Reiterated | 25 Feb 2025 |
Cantor Fitzgerald Brett Knoblauch 14% 1-year accuracy 11 / 77 met price target | 203%upside $21 | Overweight Maintained | 25 Feb 2025 |
Piper Sandler Patrick Moley 70% 1-year accuracy 31 / 44 met price target | 232%upside $23 | Overweight Reiterated | 25 Feb 2025 |
Needham John Todaro 13% 1-year accuracy 9 / 72 met price target | 95%upside $13.50 | Buy Maintained | 25 Feb 2025 |
Financial journalist opinion
Based on 8 articles about RIOT published over the past 30 days









