$ 11.33
Key Takeaways
Risk factor
Very high price volatility
Profitability factor
Strong growth
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
From both historical and forecast perspectives, the stock is slightly overpriced compared to similar stocks. In particular, the stock is of fair value on EV/EBITDA.
Target Price
The average target price of RIOT is 17 and suggests 41% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increase
