Risk factor
Very high price volatility
Profitability factor
Favourable analyst view
About
Riot Platforms, Inc., together with its subsidiaries, operates as a Bitcoin mining company in the United States. The company operates in two segments, Bitcoin Mining and Engineering. It offers comprehensive and critical infrastructure for institutional-scale Bitcoin mining facilities in Rockdale and Navarro counties, Texas; and two Bitcoin mining sites in Paducah, Kentucky. The company also...
Company Valuation
Based on key historical and expected multiples, the stock is overvalued relative to its peers. In particular, the stock is overpriced on P/E, of fair value on EV/EBITD.
Target Price
The average target price of RIOT is 28 and suggests 87% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increase
Buy
Sell