In the latest trading session,, 6.68 million Riot Platforms Inc (NASDAQ:RIOT) shares changed hands as the company’s beta touched 4.57. With the company’s most recent per share price at $8.88 changed hands at -$0.27 or -3.01% at last look, the market valuation stands at $3.17B. RIOT’s current price is a discount, trading about -78.72% off its 52-week high of $15.87. The share price had its 52-week low at $6.19, which suggests the last value was 30.29% up since then.
Analysts gave the Riot Platforms Inc (RIOT) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.18. If we narrow down to specifics, the data shows that 0 out of 8 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended RIOT as a Hold, 7 felt it is a Buy and 0 rated the stock as Underweight.
Riot Platforms Inc (NASDAQ:RIOT) trade information
Instantly RIOT was in red as seen in intraday trades today. With action 2.01%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -13.08%, with the 5-day performance at 2.01% in the green. However, in the 30-day time frame, Riot Platforms Inc (NASDAQ:RIOT) is 37.38% up.
The consensus price target for the stock as assigned by Wall Street analysts is 20, meaning bulls need an upside of 55.6% from its recent market value. According to analyst projections, RIOT’s forecast low is 20 with 20 as the target high. To hit the forecast high, the stock’s price needs a -125.23% plunge from its current level, while the stock would need to soar -125.23% for it to hit the projected low.
The 2025 estimates are for Riot Platforms Inc earnings to decrease by -467.33%.
RIOT Dividends
Riot Platforms Inc is expected to release its next quarterly earnings report in June.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 8.1163% or 21.48 million shares worth $196.31 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF . With 9.41 shares estimated at $84.34 million under it, the former controlled 2.63% of total outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held about 2.30% of the shares, roughly 8.22 shares worth around $73.62 million.
