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 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
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
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
Low target
$13
80%
upside
Avg. target
$17.08
136%
upside
High target
$21
190%
upside
6 analyst ratings
6 positive
100%
0 neutral
0%
0 negative
0%
Piper Sandler Patrick Moley 76% 1-year accuracy 34 / 45 met price target | 149%upside $18 | Overweight Maintained | 28 Apr 2025 |
JP Morgan Reginald Smith 40% 1-year accuracy 10 / 25 met price target | 80%upside $13 | Overweight Maintained | 13 Mar 2025 |
Roth MKM Darren Aftahi 17% 1-year accuracy 4 / 23 met price target | 176%upside $20 | Buy Reiterated | 25 Feb 2025 |
Cantor Fitzgerald Brett Knoblauch 29% 1-year accuracy 22 / 76 met price target | 190%upside $21 | Overweight Maintained | 25 Feb 2025 |
Needham John Todaro 32% 1-year accuracy 23 / 71 met price target | 86%upside $13.50 | Buy Maintained | 25 Feb 2025 |
Financial journalist opinion
Based on 15 articles about RIOT published over the past 30 days
Positive
Zacks Investment Research
13 hours ago
Riot Platforms Set to Report Q1 Earnings: What's in the Offing?
The acquisition of E4A is anticipated to have boosted RIOT's top line in the first quarter of 2025.
Neutral
PRNewsWire
2 days ago
Riot Platforms Announces Closing of the Acquisition of Rhodium Assets at the Rockdale Facility Following the Previously Announced Settlement Agreement
Acquisition immediately terminates unprofitable legacy hosting contracts with Rhodium Riot assumes Rhodium's 125 MW of power capacity and existing operating assets at the Rockdale Facility 100% of the Rockdale Facility power capacity now dedicated to Riot Platforms and its subsidiaries CASTLE ROCK, Colo. , April 28, 2025 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin mining, is pleased to announce that Whinstone US, Inc. ("Whinstone"), a wholly-owned subsidiary of Riot, has acquired specific assets owned by Rhodium Encore LLC (together with its affiliates, "Rhodium") at Riot's Rockdale Facility (the "Transaction") for a total consideration at closing of $185.0 million.
Neutral
Zacks Investment Research
5 days ago
Riot Platforms, Inc. (RIOT) Stock Declines While Market Improves: Some Information for Investors
In the most recent trading session, Riot Platforms, Inc. (RIOT) closed at $7.77, indicating a -0.26% shift from the previous trading day.
Positive
The Motley Fool
5 days ago
Why Bitcoin Miners Soared This Week
Bitcoin (BTC 1.83%) has been on fire this week, rising 12% over the past seven days as of 2 p.m. ET on Friday.
Positive
Zacks Investment Research
5 days ago
Riot Platforms, Inc. (RIOT) Is a Trending Stock: Facts to Know Before Betting on It
Zacks.com users have recently been watching Riot Platforms, Inc. (RIOT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Positive
Zacks Investment Research
6 days ago
Riot Platforms, Inc. (RIOT) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
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.
Neutral
PRNewsWire
1 week ago
Riot Platforms Announces $100 Million Credit Facility with Coinbase
CASTLE ROCK, Colo. , April 23, 2025 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin mining, is pleased to announce that it has entered into a $100 million credit facility (the "Credit Facility") with Coinbase Credit, Inc. ("Coinbase"), a subsidiary of Coinbase Global, Inc. (NASDAQ: COIN).
Positive
The Motley Fool
1 week ago
Bitcoin Jumps 5%, and Crypto Mining Stocks Soared Today
The price of Bitcoin (BTC 5.38%) recovered on Tuesday as investors swung back to a risk-on trade. Markets have feared growing trade tensions between the U.S. and China, and that pushed stocks lower on Monday.
Positive
Schaeffers Research
1 week ago
3 Crypto Stocks Surging as Bitcoin Climbs Back Above $90K
Bitcoin (BTC) was last seen trading back above $90,000, after U.S. exchange-traded funds (ETFs) that track its price reported the biggest daily inflows since January, totaling $381.4 million.
Neutral
Zacks Investment Research
1 week ago
Riot Platforms, Inc. (RIOT) Rises Higher Than Market: Key Facts
In the latest trading session, Riot Platforms, Inc. (RIOT) closed at $6.46, marking a +1.57% move from the previous day.
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