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→Stable
- Earnings Volatility Pattern→Stable
- +1 more pillar — see the Why tab for full reasoning
Riot Platforms, Inc. (RIOT) Stock Analysis
Financial Services · Capital Markets
Sell if holding. Engine safety override at $22.76: Quality below floor (2.1 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 3.7/10. Specifically: High short interest: 16%; Elevated put/call ratio: 1.58; 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 $22.76: Quality below floor (2.1 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 3.7/10. Specifically: High short interest: 16%; Elevated put/call ratio: 1.58; Below-average business quality. Chart setup: No clear chart pattern; technical signals are mixed. Score 3.7/10, high confidence.
Passes 6/8 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity 25d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: aggressive.
Recent developments
updated 2026-07-07Recent Developments — Riot Platforms, Inc.
Latest news
- NEWS Bitcoin Mining Stocks IREN, RIOT, and MARA Slide as AI Pivot Faces Fresh Headwinds — benzinga Jul 4, 2026 negative
- NEWS BTIG Maintains Buy on Riot Platforms, Raises Price Target to $40 — benzinga Jun 25, 2026 positive
- NEWS Shares of crypto-linked stocks are trading lower amid a continued selloff as Bitcoin prices drop. Weakness in the digita — benzinga Jun 24, 2026 negative
- NEWS 5 Stocks to Sell as Cryptocurrencies Crumble — benzinga Jun 18, 2026 negative
- NEWS 10 Information Technology Stocks Whale Activity In Today's Session — benzinga May 29, 2026 neutral
Generated 2026-07-07T11:31:44Z.
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
5 floor-breakers
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Unprofitable operations — net margin -132.8%. Quality floor flags this regardless of sector context.static
Volatile — 9.9% daily ATR makes tight stops impractical. Position-size conservatively.static
Growth below the gate floor. Component breakdown shows what dragged the score down.static
Momentum 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 $22.76: Quality below floor (2.1 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 3.7/10. Specifically: High short interest: 16%; Elevated put/call ratio: 1.58; Below-average business quality. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $21.27. Score 3.7/10, high confidence.
Take-profit target: $26.23 (+14.7% upside). Prior stop was $21.27. Stop-loss: $21.27.
Quality below floor (2.1 < 4.0).
Riot Platforms, Inc. trades at a P/E of N/A (forward -37.4). TrendMatrix value score: 4.2/10. Verdict: Sell.
27 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.