Riot PlatformsRIOT
RIOT
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 7,139 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
169% more first-time investments, than exits
New positions opened: 94 | Existing positions closed: 35
109% more capital invested
Capital invested by funds: $979M [Q3] → $2.05B (+$1.07B) [Q4]
34% more call options, than puts
Call options by funds: $506M | Put options by funds: $378M
33% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 70
19% more funds holding
Funds holding: 258 [Q3] → 308 (+50) [Q4]
12.96% more ownership
Funds ownership: 43.26% [Q3] → 56.22% (+12.96%) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$16
53%
upside
Avg. target
$18.33
75%
upside
High target
$23
120%
upside
3 analyst ratings
3 positive
100%
0 neutral
0%
0 negative
0%
Needham John Todaro 76% 1-year accuracy 53 / 70 met price target | 53%upside $16 | Buy Maintained | 22 Jan 2025 |
Piper Sandler Patrick Moley 89% 1-year accuracy 39 / 44 met price target | 120%upside $23 | Overweight Initiated | 17 Dec 2024 |
JP Morgan Reginald Smith 73% 1-year accuracy 19 / 26 met price target | 53%upside $16 | Overweight Maintained | 10 Dec 2024 |
Financial journalist opinion
Based on 18 articles about RIOT published over the past 30 days
Neutral
Zacks Investment Research
18 hours ago
Pre-Q4 Earnings: Should RIOT Stock be in Your Portfolio?
RIOT's fourth-quarter 2024 revenues are likely to increase year over year.
Negative
Zacks Investment Research
1 day ago
Riot Platforms, Inc. (RIOT) Increases Despite Market Slip: Here's What You Need to Know
In the closing of the recent trading day, Riot Platforms, Inc. (RIOT) stood at $11.60, denoting a +0.35% change from the preceding trading day.
Positive
Zacks Investment Research
4 days ago
Riot Platforms, Inc. (RIOT) Expected to Beat Earnings Estimates: Should You Buy?
Riot Platforms, Inc. (RIOT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Positive
Seeking Alpha
6 days ago
Riot Platforms: Recent Catalysts And Q4 Earnings Preview
RIOT's recent out-performance may be driven by a combo of no more tax loss harvesting, significant BTC purchases, and excitement around AI/HPC developments. Despite a strong balance sheet, RIOT's reliance on dilution and speculative BTC holdings raises concerns about long-term shareholder value. I expect Q4 earnings to be lackluster due in part to minimal power credits and no realized revenue from BTC sales. However, BTC per share has increased year over year.
Neutral
Zacks Investment Research
1 week ago
Riot Platforms, Inc. (RIOT) Advances While Market Declines: Some Information for Investors
Riot Platforms, Inc. (RIOT) reachead $12.27 at the closing of the latest trading day, reflecting a +0.33% change compared to its last close.
Positive
Zacks Investment Research
1 week ago
Investors Heavily Search Riot Platforms, Inc. (RIOT): Here is What You Need to Know
Riot Platforms, Inc. (RIOT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Negative
MarketBeat
1 week ago
Will Falling Bond Yields Send These 2 Small Caps Soaring?
The recent trade tariff announcements rolled out by President Trump have created some volatility in the broader stock markets globally. Where capital flows during these times is often the best piece of information that retail investors can follow to get their portfolios to land on the right side of history.
Positive
Reuters
1 week ago
Riot Platforms appoints new directors to board with inputs from Starboard, DE Shaw
Bitcoin miner Riot Platforms said on Wednesday it has appointed three new directors to its board after inputs from investors Starboard Value and D. E. Shaw.
Neutral
Business Wire
1 week ago
Riot Platforms Announces Changes to Its Board of Directors and Provides Update on Formal Evaluation of AI/HPC Uses
CASTLE ROCK, Colo.--(BUSINESS WIRE)--Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin mining, today announced the appointment of Jaime Leverton, Doug Mouton and Michael Turner to its Board of Directors (the “Board”). The three new directors were selected through a comprehensive process conducted by the Board's Governance and Nominating Committee, with constructive, independent input from each of Starboard Value LP and The D. E. S.
Neutral
PRNewsWire
1 week ago
Riot Announces Fourth Quarter and Year-End 2024 Earnings Conference Call
CASTLE ROCK, Colo. , Feb. 10, 2025 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin ("BTC") mining, announced today that it has scheduled its fourth quarter and year-end 2024 earnings conference call for Monday, February 24, 2025, at 4:30 P.M.
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