$ 15.89
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
Based on key historical and expected multiples, the stock is overvalued relative to its peers. Specifically, the stock is overvalued on EV/EBITDA.
Target Price
The average target price of RIOT is 18 and suggests 11% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation su
