RIOT — Riot Platforms, Inc. - Common Stock
Session close: $18.28. Regular-session share volume: 27,386,977. Change from previous close: +1.11%.
Key developments
Riot Platforms drew divergent analyst actions. B. Riley raised its price target while keeping a Buy rating, and Keefe Bruyette & Woods downgraded the stock to Market Perform even as it lifted its target. The downgrade followed a prior-session Jefferies upgrade tied to the company's long-term AI data-center lease at its Corsicana campus.
Company news B. Riley Raises Price Target on Riot Platforms · Company news Keefe Bruyette & Woods Downgrades Riot Platforms to Market Perform · Company news This Riot Platforms Analyst Turns Bullish; Here Are Top 5 Upgrades For Tuesday · Company mentioned — Mentions RIOT in the article text. Nvidia To $200? Here Are 10 Top Analyst Forecasts For Wednesday
Coverage framed the bull case around the multi-billion-dollar, multi-year Anthropic lease that converts Texas power sites into contracted compute real estate, with the tenant shouldering more construction and financing risk. Skeptics question whether the share price is justified relative to current sales, and one report noted the stock slipped despite the Jefferies upgrade.
Company news Riot Platforms (RIOT) Stock May Be Overvalued Despite Its Huge AI Lease Deal · Company news What Riot Platforms Doubters Got Wrong · Company mentioned — Mentions RIOT in the article text. Riot Stock Dips: What's Going On?
News sources
Company news B. Riley Raises Price Target on Riot Platforms · Company news Keefe Bruyette & Woods Downgrades Riot Platforms to Market Perform · Company news Keefe, Bruyette & Woods Downgrades Riot Platforms to Market Perform, Raises Price Target to $23 · Company news Riot Platforms (RIOT) Stock May Be Overvalued Despite Its Huge AI Lease Deal · Company news What Riot Platforms Doubters Got Wrong · Company news JP Morgan Maintains Overweight on Riot Platforms, Raises Price Target to $28 · Company news This Riot Platforms Analyst Turns Bullish; Here Are Top 5 Upgrades For Tuesday