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

Group 1 - Riot Platforms Inc. is considered one of the best upside stocks to buy currently, despite a price target reduction by JPMorgan from $19 to $17, maintaining an Overweight rating [1] - In Q3 2025, Riot Platforms reported total revenue of $180.2 million, reflecting an 18% increase from the previous quarter, but net income decreased significantly to $104.5 million from $219.5 million [2] - The company's Bitcoin production slightly declined quarter-over-quarter due to an 8% growth in the global hash rate, which outpaced Riot's own 3% growth in hash rate deployment [3] Group 2 - Riot Platforms operates as a Bitcoin mining company in the US, with two segments: Bitcoin Mining and Engineering [4] - There are suggestions that certain AI stocks may offer greater upside potential and carry less downside risk compared to Riot Platforms [4]