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↓Deteriorating
- Earnings Volatility Pattern↑Improving
- +1 more pillar — see the Why tab for full reasoning
Riot Platforms, Inc. (RIOT) Stock Analysis
Range Bound setup
Financial Services · Capital Markets
Sell if holding. Engine safety override at $22.49: Quality below floor (2.1 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.5/10. Specifically: High short interest: 15%; Elevated put/call ratio: 1.52; Below-average business quality.
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 $22.49: Quality below floor (2.1 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.5/10. Specifically: High short interest: 15%; Elevated put/call ratio: 1.52; Below-average business quality. Chart setup: RSI 53 mid-range, Bollinger mid-band. Score 4.5/10, moderate confidence.
Passes 6/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 5d<=7d. Suitability: aggressive.
Recent developments
updated 2026-07-30Recent Developments — Riot Platforms, Inc.
Latest news
- NEWS Core Scientific's AMD Deal Could Generate $14 Billion Over 15 Years, Bernstein Forecasts — benzinga Jul 30, 2026 neutral
- NEWS Keefe, Bruyette & Woods Maintains Outperform on Riot Platforms, Lowers Price Target to $35 — benzinga Jul 28, 2026 positive
- NEWS Morgan Stanley Initiates Coverage On Riot Platforms with Overweight Rating, Announces Price Target of $36 — benzinga Jul 23, 2026 positive
- NEWS Trump Just Turned CLARITY Act Into an AI Race With China — benzinga Jul 14, 2026 positive
- NEWS Bitcoin, Ethereum, XRP Got Clobbered in Q2: Here's What Will Decide Their Fate in Q3 — benzinga Jul 10, 2026 negative
Generated 2026-07-31T00:38:36Z.
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.
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Rating Breakdown
4 floor-breakers
Unprofitable operations — net margin -132.8%. 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
Growth below the gate floor. Component breakdown shows what dragged the score down.static
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $22.49: Quality below floor (2.1 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.5/10. Specifically: High short interest: 15%; Elevated put/call ratio: 1.52; Below-average business quality. Chart setup: RSI 53 mid-range, Bollinger mid-band. Prior stop was $20.57. Score 4.5/10, moderate confidence.
Take-profit target: $26.70 (+20.7% upside). Prior stop was $20.57. Stop-loss: $20.57.
Quality below floor (2.1 < 4.0).
Riot Platforms, Inc. trades at a P/E of N/A (forward -26.1). TrendMatrix value score: 5.7/10. Verdict: Sell.
27 analysts cover RIOT with a consensus score of 4.1/5. Average price target: $30.
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.