Riot Platforms maintains a Strong Buy rating and a $25.74 price target amid near-term challenges in bitcoin and AI markets. The company's growth depends on expanding its AMD data center hosting deal to 200MW and potential new projects in Corsicana. Key factors for Q2 2026 earnings include executing the AMD lease, delivering 25 MW capacity on time, and providing credible guidance on further expansion. Funding through equity issuance and bitcoin mining is crucial, while a shift to AI and high-performance computing hosting could boost long-term value and stock re-rating.
Riot Platforms, a leader in digital infrastructure and Bitcoin mining, announced its third quarter 2026 earnings conference call will be held on November 4, 2026, at 8:00 AM EST. The call will be accessible via audio webcast and phone, providing inve...
Despite Piper Sandler lowering price targets on major crypto mining stocks MARA, Hut 8, and Riot due to inflation, higher oil prices, and credit market concerns, MARA and Hut 8 shares rose about 4%, while Riot held flat. The gains suggest investors a...
