Riot Platforms Inc [RIOT] stock is trading at $8.72, up 9.69%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The RIOT shares have gain 12.37% over the last week, with a monthly amount drifted -16.63%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Piper Sandler started tracking the stock with Overweight rating on December 17, 2024, and set its price target to $23. On September 25, 2024, Macquarie initiated with a Outperform rating and assigned a price target of $15 on the stock. Needham reiterated its Buy rating and decreased its price target to $13 on July 24, 2024. JP Morgan upgraded its rating to a Neutral and raised its price target to $12 on December 08, 2023. Bernstein started tracking with a Outperform rating for this stock on October 31, 2023, and assigned it a price target of $15.60. In a note dated October 11, 2023, JP Morgan initiated an Underweight rating and provided a target price of $6.50 on this stock.
Riot Platforms Inc [RIOT] stock has fluctuated between $6.36 and $15.87 over the past year. Currently, Wall Street analysts expect the stock to reach $10.5 within the next 12 months. Riot Platforms Inc [NASDAQ: RIOT] shares were valued at $8.72 at the most recent close of the market. An investor can expect a potential return of 20.41% based on the average RIOT price forecast.
Analyzing the RIOT fundamentals
Riot Platforms Inc [NASDAQ:RIOT] reported sales of 376.66M for the trailing twelve months, which represents a growth of 80.88%. Gross Profit Margin for this corporation currently stands at 0.04% with Operating Profit Margin at 0.41%, Pretax Profit Margin comes in at 0.29%, and Net Profit Margin reading is 0.29%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.04 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.2.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.34 points at the first support level, and at 7.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.91, and for the 2nd resistance point, it is at 9.11.
Ratios To Look Out For
For context, Riot Platforms Inc’s Current Ratio is 3.74. As well, the Quick Ratio is 3.74, while the Cash Ratio is 1.73. Considering the valuation of this stock, the price to sales ratio is 8.11, the price to book ratio is 0.96 and price to earnings (TTM) ratio is 25.32.
Transactions by insiders
Recent insider trading involved Mouton Douglas, Director, that happened on Mar 17 ’25 when 8384.0 shares were purchased. Director, Cho Hannah completed a deal on Mar 14 ’25 to sell 12000.0 shares. Meanwhile, Director Cho Hannah bought 12000.0 shares on Mar 14 ’25.
