We recently published 10 Big Names, Bigger Losses. Riot Platforms Inc. (NASDAQ:RIOT) was one of the worst performers on Thursday. Riot Platforms fell by 14.71 percent on Thursday to close at $12.06 apiece, tracking the marked decline in Bitcoin prices amid the Treasury Department’s inability to bail out the crypto industry, alongside a caution from a notable investor that any further fall could evolve into a death spiral. Riot Platforms Inc. (NASDAQ:RIOT) declined alongside its peers, namely Strategy In ...

Bitcoin (BTC) plunged beneath the $70,000 mark on Jan. 5, shedding roughly 8% over the past 24 hours in its steepest drop since early November 2024. At the time of writing, the world’s largest cryptocurrency, often dubbed "King Crypto," was changing hands at $69,398.37, leaving traders on edge as market volatility returned in force. The sell-off sent shockwaves across the crypto sector, dragging major blockchain and fintech stocks into the red as the U.S. market opened. Related: 'Big Short’ Michael Burr ...

J.P. Morgan updated its financial models for North American Bitcoin miners Wednesday ahead of the fourth-quarter earnings season, and the bank adjusted price targets to reflect fluctuations in network difficulty and cryptocurrency prices. Analysts at the firm projected a modest decline in bitcoin mining revenue for the fourth quarter of 2025. While estimates for mined bitcoin increased by a low single-digit percentage due to slower network hashrate growth, lower realized bitcoin prices offset production g ...

Riot Platforms Inc. (NASDAQ:RIOT) is one of the best high short interest stocks with biggest upside potential. On January 27, Keefe Bruyette analyst Stephen Glagola raised the firm’s price target on Riot Platforms to $23 from $16 while maintaining an Outperform rating, following the company’s 10-year 25MW Data Center Lease and Services Agreement with AMD at its Rockdale facility. Glagola noted that this partnership, which is expected to generate ~$311 million in contract revenue, provides Riot Platforms ...

On January 29, Broad Peak Investment Advisers disclosed a new position in Riot Platforms (NASDAQ:RIOT), acquiring 1.41 million shares valued at $17.86 million. What happened According to a filing with the U.S. Securities and Exchange Commission dated January 29, Broad Peak Investment Advisers reported purchasing 1.41 million shares of Riot Platforms. The stake’s quarter-end value was also $17.86 million, reflecting both share acquisition and market pricing. What else to know Riot Platforms represents 3 ...

Group 1 - Riot Platforms, Inc. (NASDAQ:RIOT) is identified as a stock under $50 with significant upside potential, with Needham raising its price target to $30 from $28, indicating a nearly 74% upside [1] - The company has secured a 25MW lease contract with AMD at its Rockdale site, which is a key factor in the positive outlook [1] - Needham has also slightly increased its 2026 and 2027 revenue estimates due to emerging High-Performance Computing revenue, despite lease economics being lower than peers [2] Group 2 - BTIG has reaffirmed a Buy rating and a $28 price target for Riot Platforms, emphasizing opportunities from data center expansion, particularly at the Corsicana location, which is considered highly attractive for large-scale data centers in the U.S. [3] - Riot Platforms operates in two segments: Bitcoin Mining and Engineering, with facilities in Texas and mining sites in Kentucky [4]

Core Insights - Riot Platforms, Inc. is a bitcoin mining company that is leveraging the AI trend, differentiating itself from competitors like Bitfarms Ltd. [1] Company Overview - Riot Platforms, Inc. focuses on bitcoin mining and is exploring opportunities in artificial intelligence [1] - The company is positioned within the technology sector, indicating a strategic alignment with emerging technological trends [1] Investment Perspective - The analyst expresses a long position in Riot Platforms, indicating confidence in the company's future performance [2] - The article aims to assist investors in identifying potential value or risks associated with Riot Platforms [1]

Core Insights - Riot Platforms has seen a significant stock price increase of approximately 40% since the beginning of 2025, indicating a strong turnaround narrative in the market [2][5] - The company has reported substantial financial improvements, achieving record revenue of $180.2 million in Q3 2025, more than double the $84.8 million from the same quarter the previous year, with a net income of $104.5 million compared to a loss a year earlier [6] - Riot is diversifying its business model beyond Bitcoin mining by leveraging its power portfolio and land assets in Texas to develop large-scale data centers for artificial intelligence and high-performance computing [7] Financial Performance - In Q3 2025, Riot produced 1,406 BTC and achieved an adjusted EBITDA of $197.2 million, showcasing operational scale and efficiency advancements [6] - The company holds approximately 19,287 BTC on its balance sheet, valued at around $2.2 billion, positioning it with one of the strongest Bitcoin treasury positions in the mining industry [6] Strategic Developments - Riot's strategic pivot towards AI and high-performance computing data centers represents a potential new revenue stream, distinct from its traditional Bitcoin mining operations [7] - The introduction of 112 MW of core and shell capacity at Riot's Corsicana campus aims to attract hyperscalers and cloud infrastructure clients, indicating a shift in business focus [7] Market Dynamics - The company's performance remains closely tied to Bitcoin prices, with higher BTC valuations enhancing revenue from mined bitcoins and the value of inventory [8] - Riot's hash rate has significantly increased year-over-year, solidifying its production capacity and long-term revenue prospects [8] Future Outlook - The future trajectory of Riot's stock will depend on developments in data center leases and collaborations with AI/cloud corporations, which could lead to a re-rating of the company's valuation multiples [9] - Macroeconomic conditions and the state of the Bitcoin market will continue to influence stock sentiment, with potential risks from declines in BTC prices or spikes in electricity costs [10] - Riot's elevated capital expenditures for infrastructure development may require patience before substantial data center revenues are realized, but the recovery in Bitcoin mining profits and strong treasury holdings support a positive outlook [11]

Core Viewpoint - Riot Platforms, Inc. (RIOT) has shown a significant price increase of 32.4% over the past four weeks, with a mean price target of $27.33 indicating a potential upside of 51% from the current price of $18.1 [1] Price Targets and Analyst Estimates - The mean estimate consists of 18 short-term price targets with a standard deviation of $5.28, indicating variability among analysts. The lowest estimate is $16.00 (11.6% decline), while the highest is $42.00 (132% increase) [2] - A low standard deviation suggests a strong agreement among analysts regarding the stock's price movement direction, which can serve as a starting point for further research [9] Earnings Estimates and Analyst Agreement - Analysts have shown increasing optimism about RIOT's earnings prospects, as evidenced by a strong consensus in revising EPS estimates higher, which correlates with potential stock price increases [11] - Over the last 30 days, one estimate has increased, leading to a 0.7% rise in the Zacks Consensus Estimate for the current year [12] Zacks Rank and Investment Potential - RIOT holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for upside in the near term [13]

Core Insights - The partnership between Riot Platforms and AMD represents a significant validation of Riot's Power First strategy, with the potential total contract value exceeding $1 billion and an initial deployment capacity of 25 Megawatts (MW) that can scale up to 200 MW [1] - Institutional investors are re-evaluating Riot as a critical infrastructure landlord, moving beyond its previous perception as merely a cryptocurrency miner [2][5] - Riot's stock performance has diverged from Bitcoin prices, indicating a fundamental shift in investor sentiment, with shares rising over 16% despite Bitcoin's decline [4][3] Financial and Operational Developments - Riot's acquisition of a 200-acre site for $96 million enables the development of custom data centers necessary for AI, transitioning from a ground lease to fee-simple ownership [6] - The AMD lease introduces revenue stability, providing a fixed-income floor that contrasts with the historically variable revenue from Bitcoin mining [7] - Riot currently holds approximately 1.7 Gigawatts (GW) of secured power capacity, enhancing its competitive position in the market [9] Strategic Growth Initiatives - The Corsicana facility is being developed with a planned capacity of 1 GW, designed for both mining and high-performance computing [10] - Riot has initiated the development of 112 MW of infrastructure in Corsicana, reflecting management's confidence in future demand for AI and cloud computing [11] - The company is mitigating execution risks through vertical integration, controlling the supply chain for critical electrical components [12] Market Position and Future Outlook - Riot's strategic pivot allows it to leverage its Bitcoin treasury to fund infrastructure development while maintaining exposure to cryptocurrency market upside [13] - The AMD deal serves as a blueprint for future growth, positioning Riot as a key enabler in the expanding AI compute market [14] - Analysts have responded positively, with price targets for Riot raised to $30 and $31, reflecting the scarcity value of access to power in the current energy market [8]