Riot Platforms Inc (NASDAQ: RIOT) Could Soar To Much Higher Prices In Coming Months

In the last trading session, 48.71 million Riot Platforms Inc (NASDAQ:RIOT) shares changed hands as the company’s beta touched 4.54. With the company’s per share price at $10.12 changed hands at $0.27 or 2.74% during last session, the market valuation stood at $3.62B. RIOT’s last price was a discount, traded about -56.82% 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 38.83% up since then. When we look at Riot Platforms Inc’s average trading volume, we note the 10-day average is 41.14 million shares, with the 3-month average coming to 28.94 million.

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 green as seen at the end of in last trading. With action 19.34%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -0.88%, with the 5-day performance at 19.34% in the green. However, in the 30-day time frame, Riot Platforms Inc (NASDAQ:RIOT) is 19.91% up. Looking at the short shares, we see there were 84.86 million shares sold at short interest cover period of 2.67 days.

The consensus price target for the stock as assigned by Wall Street analysts is 20, meaning bulls need an upside of 49.4% from its current 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 -97.63% plunge from its current level, while the stock would need to soar -97.63% 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 on 2025-Apr-30.

Riot Platforms Inc (NASDAQ:RIOT)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 6.76% of Riot Platforms Inc shares while 59.81% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 64.14%. There are 59.81% institutions holding the Riot Platforms Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 11.1612% of the shares, roughly 29.54 million RIOT shares worth $269.95 million.

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 Mar 31, 2025 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund . With 9.74 shares estimated at $98.59 million under it, the former controlled 2.73% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund held about 2.16% of the shares, roughly 7.73 shares worth around $78.25 million.

Marketing Sentinel
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.