At the time of writing, Riot Platforms Inc [RIOT] stock is trading at $9.85, up 9.57%. 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 22.06% over the last week, with a monthly amount glided 25.64%, and 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.
For the past year, the stock price of Riot Platforms Inc fluctuated between $6.19 and $15.87. Currently, Wall Street analysts expect the stock to reach $20 within the next 12 months. Riot Platforms Inc [NASDAQ: RIOT] shares were valued at $9.85 at the most recent close of the market. An investor can expect a potential return of 103.05% based on the average RIOT price forecast.
Analyzing the RIOT fundamentals
According to Riot Platforms Inc [NASDAQ:RIOT], the company’s sales were 458.75M for trailing twelve months, which represents an 103.52% jump. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at -0.62%, Pretax Profit Margin comes in at -0.87%, and Net Profit Margin reading is -0.87%. To continue investigating profitability, this company’s Return on Assets is posted at -0.11, Equity is -0.14 and Total Capital is -0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.
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 9.31 points at the first support level, and at 8.78 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.29, and for the 2nd resistance point, it is at 10.74.
Ratios To Look Out For
It is important to note that Riot Platforms Inc [NASDAQ:RIOT] has a current ratio of 3.23. As well, the Quick Ratio is 3.23, while the Cash Ratio is 1.18. Considering the valuation of this stock, the price to sales ratio is 7.67, the price to book ratio is 1.17.
Transactions by insiders
Recent insider trading involved Riot Platforms, Inc., 10% Owner, that happened on May 27 ’25 when 90.11 million shares were purchased. Director, Mouton Douglas completed a deal on Mar 17 ’25 to buy 8384.0 shares. Meanwhile, Director Cho Hannah sold 12000.0 shares on Mar 14 ’25.
