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 6,814 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
2%
downside
Avg. target
$16.25
44%
upside
High target
$23
104%
upside
6 analyst ratings
6 positive
100%
0 neutral
0%
0 negative
0%
Piper Sandler Patrick Moley 82% 1-year accuracy 36 / 44 met price target | 104%upside $23 | Overweight Initiated | 17 Dec 2024 |
JP Morgan Reginald Smith 58% 1-year accuracy 15 / 26 met price target | 42%upside $16 | Overweight Maintained | 10 Dec 2024 |
Compass Point Chase White 100% 1-year accuracy 9 / 9 met price target | 15%upside $13 | Buy Maintained | 31 Oct 2024 |
Macquarie Paul Golding 77% 1-year accuracy 34 / 44 met price target | 55%upside $17.50 | Outperform Maintained | 31 Oct 2024 |
Needham John Todaro 90% 1-year accuracy 54 / 60 met price target | 2%downside $11 | Buy Reiterated | 31 Oct 2024 |
Financial journalist opinion
Based on 14 articles about RIOT published over the past 30 days
Negative
Investors Business Daily
3 days ago
Bitcoin ETF Outflows Gather Steam As Bitcoin Falls Near $90,000; Are Crypto ETFs A Sell Now?
Crypto ETFs rallied as Bitcoin hit a $108,000 milestone in December but have fallen with the digital asset in 2025. The post Bitcoin ETF Outflows Gather Steam As Bitcoin Falls Near $90,000; Are Crypto ETFs A Sell Now?
Negative
Investors Business Daily
3 days ago
Bitcoin ETF Outflows Gather Steam As Bitcoin Falls Near $90,000; Are Crypto ETFs A Sell Now?
Crypto ETFs rallied as Bitcoin hit a $108,000 milestone in December but have fallen with the digital asset in 2025. The post Bitcoin ETF Outflows Gather Steam As Bitcoin Falls Near $90,000; Are Crypto ETFs A Sell Now?
Positive
Zacks Investment Research
5 days 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?
Neutral
PRNewsWire
1 week 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.
Neutral
GlobeNewsWire
1 week 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.
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.
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).
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.
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.
Positive
CNBC
3 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.
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