Citi Positive on Riot Platforms (RIOT) Through 2026 on Expected Regulatory Reforms

Riot Platforms Inc. (NASDAQ:RIOT) is one of the promising stocks to buy under $50. On December 22, Citi lowered the firm’s price target on Riot Platforms to $23 from $28, while maintaining a Buy rating on the shares. Despite updating its valuation models, Citi remained positive on digital assets heading into 2026. Citi still expects looming regulatory reforms to drive stock performance across the sector. In Q3 2025, Riot Platforms Inc. (NASDAQ:RIOT) generated a total revenue of $180.2 million, which more ...