Riot Platforms operates a cash-burning Bitcoin mining business with a quality score of 2.1 below the minimum threshold, trading above analyst consensus targets with 18% short interest and a put/call ratio of 3.42, making the risk profile highly unfavorable regardless of the Bitcoin price direction.
Thesis pillars
- Cash Burn Quality Floor Breach→Stable
- Extreme Bearish Positioning↑Improving
- Earnings Volatility Pattern↓Deteriorating
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026, based on the 10-K filed Mar 2, 2026
Riot Platforms, Inc. (RIOT) Stock Analysis
Financial Services · Capital Markets
Sell if holding. Engine safety override at $14.45: Quality below floor (2.4 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.3/10 and A.R:R 5.5:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 16%; Below-average business quality; Below long-term trend.
Riot Platforms operates large-scale Bitcoin mining and data center facilities in Texas (Rockdale 700 MW, Corsicana 400 MW) and Kentucky (~137 MW), with 38.5 EH/s deployed hash rate at December 31, 2025, mining 5,686 bitcoin in 2025. Revenue comes primarily from block rewards... Read more
Sell if holding. Engine safety override at $14.45: Quality below floor (2.4 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.3/10 and A.R:R 5.5:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 16%; Below-average business quality; Below long-term trend. Chart setup: No clear chart pattern; technical signals are mixed. Score 5.3/10, moderate confidence.
Passes 7/9 gates (positive momentum, favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear, materials cycle peak clear). Fails on earnings proximity 5d<=7d. Suitability: speculative.
Recent developments
updated 2026-10-29Recent Developments — Riot Platforms, Inc.
Latest news
- NEWS 10 Information Technology Stocks Whale Activity In Today’s Session — benzinga Oct 26, 2026 neutral
- NEWS RIOT, MARA, IREN, and CORZ Stocks Slide as Bitcoin Miners Turn Neoclouds Face Credit Risks — benzinga Oct 24, 2026 negative
- NEWS Tesla Doesn’t Sell a Single Bitcoin in Q3 as Crypto Stash Jumps 42% to $962 Million — benzinga Oct 22, 2026 neutral
- NEWS Riot Platforms Announces Third Quarter 2026 Earnings Conference Call — fiscal.ai Oct 20, 2026 neutral
- NEWS Piper Sandler Maintains Overweight on Riot Platforms, Lowers Price Target to $19 — benzinga Oct 20, 2026 negative
Generated 2026-10-29T11:48:40Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
3 floor-breakers
Unprofitable operations — net margin -196.3%. Quality floor flags this regardless of sector context.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $14.45: Quality below floor (2.4 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.3/10 and A.R:R 5.5:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 16%; Below-average business quality; Below long-term trend. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $13.44. Score 5.3/10, moderate confidence.
Analyst target: $26.44 (+83.0% upside). Prior stop was $13.44. Stop-loss: $13.44.
Quality below floor (2.4 < 4.0).
Riot Platforms, Inc. trades at a P/E of N/A (forward -15.2). TrendMatrix value score: 7.3/10. Verdict: Sell.
28 analysts cover RIOT with a consensus score of 4.1/5. Average price target: $29.
What does Riot Platforms, Inc. do?Riot Platforms operates large-scale Bitcoin mining and data center facilities in Texas (Rockdale 700 MW, Corsicana 400...
Riot Platforms operates large-scale Bitcoin mining and data center facilities in Texas (Rockdale 700 MW, Corsicana 400 MW) and Kentucky (~137 MW), with 38.5 EH/s deployed hash rate at December 31, 2025, mining 5,686 bitcoin in 2025. Revenue comes primarily from block rewards under a Full-Pay-Per-Share mining pool arrangement plus engineering services. In January 2026, Riot signed a 10-year data center lease with AMD for 25 MW at Rockdale.