Loading news...
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.
Broad Peak Investment Advisers initiated a new position in Riot Platforms during the fourth quarter. The fund acquired 1.41 million shares valued at $17.86 million.
In the closing of the recent trading day, Riot Platforms, Inc. (RIOT) stood at $16.23, denoting a -6.08% move from the preceding trading day.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Riot Platforms stock (NASDAQ RIOT) has emerged as one of the most closely monitored turnaround narratives in the market lately, with the stock soaring higher—approximately 40% since the beginning of the new year. What once appeared to be an undervalued Bitcoin miner just a few months ago is now attracting interest from analysts and investors.
The average of price targets set by Wall Street analysts indicates a potential upside of 51% in Riot Platforms, Inc. (RIOT). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
In mid-January, the financial markets witnessed a notable anomaly. While Bitcoin's ($BTC) price faced significant downward pressure, dropping toward $91,000 due to rising geopolitical tensions, Riot Platforms NASDAQ: RIOT shares moved sharply in the opposite direction.
Riot Platforms (RIOT) is transitioning from pure bitcoin mining to data center hosting, leveraging its land, power, and water resources for hyperscaler demand. RIOT's 10-year, $311M contract with AMD for 25MW capacity, expandable to 200MW, marks the start of this strategic shift. Sum-of-the-parts valuation supports a Buy rating with a $23.29/share target, reflecting robust future cash flows from data center hosting.
Expand NASDAQ: RIOT Riot Platforms Today's Change (16.11%) $2.67 Current Price $19.24 Key Data Points Market Cap $6.2B Day's Range $17.30 - $19.39 52wk Range $6.19 - $23.93 Volume 54M Avg Vol 19M Gross Margin -1168.45% Riot Platforms (RIOT +16.11%), a Bitcoin mining and data center operator, closed Friday at $19.23, up 16.05%. The stock moved higher after news of a long-term data center lease with Advanced Micro Devices (AMD) and a land purchase in Rockdale.
Riot Platforms, Inc. (RIOT) Discusses Transformational Milestones and Strategic Data Center Expansion Transcript
Riot Platforms will purchase 200 acres of land that it currently occupies. Riot will then lease the land to Advanced Micro Devices for data center capacity.
The Dow Jones Industrial Average (DJI) is sinking into the red despite a modestly higher open
CASTLE ROCK, Colo., Jan. 16, 2026 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), a Bitcoin-driven industry leader in the development of large-scale data centers and bitcoin mining applications, is pleased to announce a series of transformative transactions that firmly establish the Company's rapidly scaling data center business, including:
In the most recent trading session, Riot Platforms, Inc. (RIOT) closed at $16.75, indicating a +1.82% shift from the previous trading day.
Two Senate committees will hold hearings Thursday to work on their parts of a crypto market structure bill. The drafts will be merged to create one big bill, which will go to the Senate floor for a vote.
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?
Live Updates Micron Could Test $400 a Share 1 hour ago Live Over the last few days, shares of Micron (NASDAQ: MU) raced about $43 higher. Yesterday alone, MU was up $31.28 a share, or 10%. Now, analysts at UBS say the tech giant could test new highs thanks to strong demand for memory in... Stock Market Live January 7, 2026: S&P 500 (SPY) Flat After Testing Fresh Highs.
RIOT stock rises after appointing new CFO Jason Chung effective 2026. Current CFO Colin Yee will stay as senior advisor.
CASTLE ROCK, Colo., Jan. 02, 2026 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or the “Company”) today announced the appointment of Jason Chung as Chief Financial Officer of the Company, effective March 1, 2026. Chung succeeds Colin Yee, who has served as the Company's Chief Financial Officer since 2022.
Riot Platforms Inc (NASDAQ:RIOT) has entered into a definitive agreement for a new at-the-market (ATM) offering program of up to $500 million of its common stock. In a filing with the US Securities and Exchange Commission, the company said its sales agents may sell shares from time to time through the Nasdaq Capital Market and other permitted trading venues at prevailing market prices.