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 ...

Riot Platforms, Inc. (NASDAQ:RIOT) is among the stocks under $50 to buy now. On January 20, Needham raised the price target on Riot Platforms, Inc. (NASDAQ:RIOT) to $30 from $28 and maintained a Buy rating, as reported by TheFly. This updated target, reflecting an upside potential of nearly 74%, is attributed to the company’s 25MW lease contract with AMD at its recently purchased Rockdale site. The analyst says that the yield on cost is appealing, with capital expenditure forecasted to be just $3.6 milli ...

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]

Riot Platforms, Inc. (RIOT) closed the last trading session at $18.1, gaining 32.4% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $27.33 indicates a 51% upside potential.The mean estimate comprises 18 short-term price targets with a standard deviation of $5.28. While the lowest estimate of $16.00 indicates a 11.6% decline from the current price level, the most optimistic analyst ...

Potential: If all expansion options are exercised, the total contract value could exceed $1 billion.Capacity: The deployment begins with 25 Megawatts (MW) of capacity, with an option to scale operations up to 200 MW.The deal centers on Riot’s Rockdale, Texas, facility. Under the terms of the agreement, AMD will lease power and facility capacity for an initial 10-year term. The specifics of the deal highlight why investors are optimistic:The driver behind this market enthusiasm is the confirmation of a major ...

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Market Overview - Bitcoin mining stocks opened lower as Bitcoin's price retreated to a critical support level, trading at $90,489, down 2.28% over 24 hours, which negatively impacted mining stock valuations [1] - Major operators like MARA and Riot erased recent gains, reflecting a broader decline in cryptocurrency markets [1] Stock Performance - MARA led the losses, with shares falling 6.87% to $10.58, while Riot dropped 5.09% to $18.26 [2] - Other miners also experienced significant declines: IREN down 4.88% to $55.00, CleanSpark down 4.79% to $12.73, and Applied Digital down 6.36% to $35.02 [2] - Additional industry players recorded similar losses: Cipher down 4.79% to $17.90, Core Scientific down 4.16% to $18.11, TeraWulf down 3.10% to $13.42, and Hut 8 down 5.22% to $56.54 [3] Strategic Shifts - Bitcoin miners are increasingly attempting to decouple their stock performance from Bitcoin prices by pivoting towards high-performance computing (HPC) and AI [4] - Companies like Cipher, TeraWulf, IREN, Galaxy, and Hut 8 have signed major deals with hyperscalers or AI tech firms to support this shift [4] Recent Developments - Riot recently secured its first HPC/AI deal, acquiring its Rockdale site and entering a $311 million lease agreement with AMD, with potential contract extensions valued at approximately $1 billion [5] - CleanSpark's infrastructure advantages were noted by analysts, highlighting the value of its power assets for AI applications due to their proximity to major metropolitan areas [6] - HIVE announced plans to diversify its revenue and expand its power capacity with a 100-megawatt expansion in Paraguay, expected to be completed by 2026 [6]

Riot Platforms ( RIOT ) is at the beginning of realizing a major operational paradigm shift, transitioning from pure bitcoin mining into data center hosting, a market that can potentially be extremely lucrative for the organization given itsMonte Independent Investment Research: Michael Del Monte is a buy-side equity analyst with expertise in the technology, energy, industrials, and materials sectors. Prior to working in the investment management industry, Michael spent over a decade in professional service ...