JPMorgan Trims Riot Platforms (RIOT) Target Citing Lower Bitcoin Prices and Share Dilution

Riot Platforms Inc. (NASDAQ:RIOT) is one of the best upside stocks to buy now. On November 24, JPMorgan lowered the firm’s price target on Riot Platforms to $17 from $19 and kept an Overweight rating on the shares. This price cut sentiment was posted as JPMorgan cited lower bitcoin prices and a higher share count. Earlier in its Q3 2025 financial results, Riot Platforms reported a total revenue of $180.2 million, which was an 18% increase from the previous quarter. However, net income for Q3 decreased sub ...