Shares of Riot Platforms Inc (NASDAQ:RIOT) are 5.5% higher to trade at $14.11 this afternoon, extending its choppy pattern on the charts. The Blockchain stock has pulled back more than 40% since tapping an Oct. 10, nearly four-year high of $23.93, but still sports an 11% year-to-date high. A historic bullish signal looks to be flashing, however, meaning more support could be on its way for whipsawing RIOT. Per Schaeffer's Senior Quantitative Analyst Rocky White, the crypto stock is now within 0.75 of the ...

Riot Platforms, Inc. (NASDAQ:RIOT) is one of the stocks on our list of the best blockchain infrastructure stocks according to analysts. Analysts Remain Bullish on Riot Platforms (RIOT) As Company Shifts Toward High-Performance Computing Infrastructure Riot Platforms, Inc. (NASDAQ:RIOT) boasts bullish analyst sentiment as of March 17, 2026, with all covering analysts maintaining “Buy” ratings on the stock. The stock’s upside remains healthy as well, with the $26 consensus price target implying over 75% up ...

Core Viewpoint - MARA Holdings and Riot Platforms, two Bitcoin miners, are facing significant challenges due to rising energy costs and the need to demonstrate the viability of their AI pivots amidst Bitcoin price volatility [5][3]. Group 1: MARA Holdings - MARA Holdings reported an increase in purchased energy cost per Bitcoin from $32,433 to $39,235, reflecting a 21% rise [2][9]. - The company plans to acquire a 64% stake in Exaion and develop West Texas data center campuses, aiming for 50% of revenue to come from international operations by 2028 [2][10][11]. - Over the past year, MARA's stock has decreased by 31%, and it has lost 80% of its value over five years, indicating a volatile market sentiment [8]. Group 2: Riot Platforms - Riot Platforms achieved record annual revenue of $647.4 million for fiscal year 2025, a year-over-year increase of over 70%, but adjusted EBITDA fell dramatically from $463.19 million to $12.96 million [12]. - The company has a 10-year data center lease with AMD that became operational in January 2026, which is expected to generate revenue [13]. - Riot holds 3,977 Bitcoin as collateral, which limits its financial flexibility, especially as the global hashrate increased by 52% year-over-year, raising mining costs [14]. Group 3: Industry Context - Geopolitical tensions have driven WTI crude oil prices to $97 per barrel, significantly impacting energy-intensive operations like Bitcoin mining [3][15]. - Both companies are under pressure to prove their AI strategies can generate revenue quickly enough to offset rising mining costs and Bitcoin price volatility [5][17]. - The probability of Bitcoin reaching a high price threshold by year-end is approximately 40.5%, while the likelihood of a significant price dip is around 70.5%, indicating a challenging market environment [16].

Core Viewpoint - Citigroup has lowered its 12-month price targets for Bitcoin and Ethereum, leading to reductions in stock price targets for several cryptocurrency companies due to delays in the CLARITY Act progress [1][2]. Cryptocurrency Price Targets - Bitcoin forecast reduced from $143,000 to $112,000 [1] - Ethereum forecast reduced from $4,304 to $3,175 [1] Company-Specific Stock Price Target Adjustments - MicroStrategy's stock price target cut by 20% from $325 to $260, maintaining a "Buy" rating; the company holds 761,068 Bitcoin, representing 3.6% of total BTC supply [3] - Bullish's stock price target lowered from $67 to $65, with a "Buy" rating; stock closed at $38.28, down over 4% [5] - Riot Platforms' stock price target reduced from $23 to $21, while keeping a "Buy" rating; stock closed at $14.10, nearly 4% lower [6][8] - BitGo's stock price target trimmed from $18 to $17, maintaining a "Buy" rating; stock closed around 6% lower at $10.08 [9]

Riot Platforms, Inc (NASDAQ:RIOT) is one of the crypto stocks with huge upside potential. On March 3, analysts at Cantor Fitzgerald reiterated an Overweight rating on Riot Platforms, Inc (NASDAQ:RIOT), but cut the price target to $29 from $31. Riot Platforms, Inc. (RIOT) Pivot to Data Center Opportunities Triggers Price Target Cut The price target cut is in response to Riot Platform’s deteriorating Bitcoin position and mining economics. The deterioration comes as the company increasingly transitions from ...

MARA RIOT CIFR are your BTC leading indicators right now. miners producing at $80k cost with $75k BTC price. public miners liquidated 15k+ BTC from treasuries in 6 months. MARA has 5,938 BTC pledged against $350m debt. when mining stocks break new lows BTC follows. not the other way around. ...

Company Performance - Riot Platforms, Inc. closed at $14.04, reflecting a -3.17% change from the previous day, underperforming the S&P 500's daily loss of 0.61% [1] - Over the past month, the company's shares gained 2.11%, outperforming the Finance sector's loss of 5.63% and the S&P 500's loss of 2.25% [1] Earnings Projections - The upcoming EPS for Riot Platforms, Inc. is projected at -$0.29, indicating a 67.78% increase compared to the same quarter last year [2] - Revenue is estimated at $138.82 million, down 13.98% from the prior-year quarter [2] Full Year Estimates - For the full year, earnings are projected at -$1.06 per share and revenue at $627.17 million, showing changes of +45.64% and -3.13% respectively from the previous year [3] - Recent changes in analyst estimates are crucial as they reflect near-term business trends, with positive revisions indicating analysts' confidence in performance [3] Zacks Rank and Industry Performance - Riot Platforms, Inc. currently holds a Zacks Rank of 5 (Strong Sell), with a consensus EPS projection moving 44.03% lower in the past 30 days [5] - The Financial - Miscellaneous Services industry, part of the Finance sector, has a Zacks Industry Rank of 142, placing it in the bottom 43% of over 250 industries [6]

Core Insights - A former OpenAI researcher, Leopold Aschenbrenner, has made a significant investment in Bitcoin miners through his hedge fund, Situational Awareness LP, which is valued at $5.5 billion with approximately $1 billion allocated to Bitcoin mining [1][2] - Analysts suggest that the true asset in the Bitcoin mining sector is electricity rather than Bitcoin itself, highlighting the importance of energy infrastructure and grid access [2][3] Investment Details - Aschenbrenner's investment is one of the largest institutional bets on Bitcoin miners in recent months, indicating a shift in focus towards companies with substantial energy resources [2][5] - His portfolio includes major Bitcoin mining companies such as Core Scientific, Iris Energy, Cipher Mining, Riot Platforms, and Hut 8, all of which are pivoting towards AI [5] Market Dynamics - The Bitcoin mining sector is facing challenges due to reduced revenues following the 2024 halving event, which cut block rewards in half, and decreased transaction-fee revenue due to low on-chain activity [4] - Miners are increasingly shifting their business models towards AI, driven by shareholder demands for faster adaptation to the AI sector [4][7] Company Strategies - Core Scientific has contracted with AI cloud provider CoreWeave for 12 years, projected to generate $10 billion in revenue, while IREN aims for over $500 million in annualized revenue from AI cloud services by early 2026 [6] - Riot Platforms has also made strategic moves towards AI and high-performance computing, including a 10-year data center lease with AMD [6] Economic Factors - The pivot towards AI is influenced by economic realities, as AI hosting offers more predictable revenue compared to the volatile nature of Bitcoin mining [7]

Core Viewpoint - Riot Platforms, Inc. (NASDAQ:RIOT) is recognized as one of the leading AI stocks with significant growth potential, supported by positive ratings and strategic developments in the company [2][3]. Group 1: Analyst Ratings and Price Targets - Citizens has reiterated a Market Outperform rating on Riot Platforms, Inc. with a price target of $25, highlighting the company's potential for growth [2]. - Keefe, Bruyette & Woods raised its price target from $16 to $23 while maintaining an Outperform rating, following a significant lease agreement with Advanced Micro Devices, Inc. [4]. Group 2: Strategic Developments - Starboard has indicated that Riot Platforms is well-positioned to secure lucrative AI and high-performance computing (HPC) deals due to its 1.7 gigawatts of available power [3]. - The company has made notable progress over the past year, including improvements in governance, cost controls, and the initiation of its AI and HPC strategy [3]. Group 3: Company Overview - Riot Platforms, Inc. is a prominent digital infrastructure company focused on developing large-scale data centers and Bitcoin mining operations [5].

Core Insights - Bitcoin miners experienced significant declines following disappointing earnings reports from Riot Platforms and Core Scientific, with Riot posting a wider-than-expected loss and Core Scientific planning to sell most of its bitcoin holdings to improve liquidity [1][1][1] - Bitcoin's price remained relatively stable at around $67,900, having increased by 6.3% over the past week, but still trading well below its all-time high of approximately $126,200 from October [1][1][1] Company Performance - Riot Platforms (RIOT) and Marathon Digital Holdings (MARA) both saw their stock prices drop by about 7% and 8.4% respectively after their earnings reports, while Core Scientific (CORZ) also retreated more than 7% [1][1][1] - MARA announced plans to opportunistically monetize bitcoin to enhance financial flexibility, while also forming a strategic partnership with Starwood Capital Group to develop AI-capable digital infrastructure [1][1][1] Market Activity - Chainalysis reported a sharp increase in crypto outflows from Iranian exchanges, with over $10.3 million in outflows recorded between February 28 and March 2, indicating a response to the ongoing military operations by the U.S. and Israel [1][1][1] - The Iranian crypto ecosystem is valued at approximately $7.8 billion, and the spike in outflows may be attributed to individuals moving funds to personal wallets or state actors withdrawing assets [1][1][1]