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↓Deteriorating
- +1 more pillar — see the Why tab for full reasoning
Riot Platforms, Inc. (RIOT) Stock Analysis
Breakout setup
Financial Services · Capital Markets
Sell if holding. Engine safety override at $21.63: Quality below floor (2.4 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.1/10 and A.R:R 2.3:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 14%; 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 $21.63: Quality below floor (2.4 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.1/10 and A.R:R 2.3:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 14%; Below-average business quality. Chart setup: Golden cross, above all MAs, RSI 56, MACD bullish. Score 5.1/10, moderate confidence.
Passes 8/8 gates (positive momentum, favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, earnings proximity 54d clear, semi cycle peak clear, materials cycle peak clear). Suitability: aggressive.
Recent developments
updated 2026-09-05Recent Developments — Riot Platforms, Inc.
Latest news
- NEWS Billionaire Activist Investor Dan Loeb's Third Point Builds 4-Stock Bitcoin-To-AI Basket — benzinga Aug 28, 2026 neutral
- NEWS Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet — benzinga Aug 22, 2026 neutral
- NEWS Riot Platforms Stock Gains as Bitcoin Crosses $72,000 — benzinga Aug 20, 2026 positive
- NEWS Dan Loeb Exits Nvidia, Meta And Broadcom — Bets Big On Warner Bros. Discovery — benzinga Aug 17, 2026 negative
- NEWS Anthropic Paying 33% Above Market for AI Capacity, JPMorgan Says — benzinga Aug 17, 2026 neutral
Generated 2026-09-05T21:56:56Z.
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 -196.3%. Quality floor flags this regardless of sector context.static
No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.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 $21.63: Quality below floor (2.4 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.1/10 and A.R:R 2.3:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 14%; Below-average business quality. Chart setup: Golden cross, above all MAs, RSI 56, MACD bullish. Prior stop was $20.27. Score 5.1/10, moderate confidence.
Take-profit target: $29.16 (+33.8% upside). Prior stop was $20.27. Stop-loss: $20.27.
Quality below floor (2.4 < 4.0).
Riot Platforms, Inc. trades at a P/E of N/A (forward -23.3). TrendMatrix value score: 6.2/10. Verdict: Sell.
28 analysts cover RIOT with a consensus score of 4.1/5. Average price target: $32.
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.