Needham initiated coverage on Riot Platforms with a new price target
$RIOT
Finance: Consumer Services
Finance
Needham initiated coverage of Riot Platforms with a rating of Buy and set a new price target of $9.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/8/2025 | Outperform | Keefe Bruyette | |
| 12/17/2024 | $23.00 | Overweight | Piper Sandler |
| 9/25/2024 | $15.00 | Outperform | Macquarie |
| 7/24/2024 | $15.00 → $13.00 | Buy | Needham |
| 12/8/2023 | $8.00 → $12.00 | Underweight → Neutral | JP Morgan |
| 10/31/2023 | $15.60 | Outperform | Bernstein |
| 10/11/2023 | $6.50 | Underweight | JP Morgan |
| 2/21/2023 | $9.00 | Buy | Needham |
8-K - Riot Platforms, Inc. (0001167419) (Filer)
144 - Riot Platforms, Inc. (0001167419) (Subject)
10-K - Riot Platforms, Inc. (0001167419) (Filer)
Non-Binding Term Sheet Outlines Proposed Acquisition of Rhodium Assets at the Rockdale Facility and Mutual Release of All Claims CASTLE ROCK, Colo., March 21, 2025 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ:RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin mining, announced entry into a non-binding term sheet outlining terms of a potential acquisition (the "Term Sheet") by Whinstone US, Inc., or an affiliate ("Whinstone"), a wholly-owned subsidiary of Riot, of specific assets owned by Rhodium Encore LLC (together with its affiliates, "Rhodium") at Riot's Rockdale Facility (the "Transaction"), and the filing of a motion to approve settlement under Federal
Riot Produces 470 Bitcoin in February 2025 CASTLE ROCK, Colo., March 4, 2025 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ:RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin ("BTC") mining, announces unaudited production and operations updates for February 2025. Bitcoin Production and Operations Updates for February 2025 Comparison (%) Metric February 2025 1 January 2024 1 February 2024 Month/Month Year/Year Bitcoin Produced 470 527 418 -11 % 12 % Average Bitcoin Produced per Day 16.8 17.0 14.4 -1 % 16 % Bitcoin Held 2 18,692 18,221 8,067 3 % 132 % Bitcoin Sold - - - N/A N/A Bitcoin Sales - Net Proceeds - - - N/A N/A Average Net Price per Bitcoin Sold N/A
Riot Reports $376.7 million in Total Revenue and Deployed Hash Rate of 31.5 EH/s CASTLE ROCK, Colo., Feb. 24, 2025 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ:RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin mining, reported financial results for the full year ended December 31, 2024. The accompanying presentation materials are available on Riot's website. "Riot had a remarkable year in 2024, generating record revenue of $376.7 million and net income of $109.4 million," said Jason Les, CEO of Riot. "These results are particularly noteworthy in the context of the Bitcoin network's 'halving' in April of 2024, and an increase in global hash rate of 67% over
Jaime Leverton, Doug Mouton and Michael Turner to Join the Board and Bring Directly Applicable AI/HPC Conversion, Data Center and Real Estate Experience Retains Evercore and Northland Capital to Lead Engagement with Potential AI/HPC Partners Following Increased Inbound Interest Riot Platforms, Inc. (NASDAQ:RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin mining, today announced the appointment of Jaime Leverton, Doug Mouton and Michael Turner to its Board of Directors (the "Board"). The three new directors were selected through a comprehensive process conducted by the Board's Governance and Nominating Committee, with constructive, independent input fr
- Andrés Finkielsztain Steps Down from Board - - Bitfarms Appoints Amy Freedman to Board of Directors - - Board to Nominate an Independent Director for Election at Special Meeting - - Standstill Agreement Through 2026 Annual Meeting - This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated November 10, 2023. TORONTO, Ontario and BROSSARD, Québec and CASTLE ROCK, Colo., Sept. 23, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (TSX:BITF) ("Bitfarms" or the "Company"), a global leader in vertically integrated Bitcoin data center operations, and Riot Platforms Inc.
Riot Platforms, Inc. ("Riot") issues this press release pursuant to Part 3 of Canadian National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and Part 5 of Canadian National Instrument 62-104 – Take-Over Bids and Issuer Bids in respect of Bitfarms Ltd. (the "Company"). Riot announces that on June 13, 2024 it acquired ownership of 1,432,063 common shares (the "Purchased Shares") of the Company representing approximately 0.35% of the issued and outstanding Common Shares (the "Common Shares") of the Company (as calculated based on the information most recently provided by the Company in its material change report dated June 10, 2024). T
Keefe Bruyette initiated coverage of Riot Platforms with a rating of Outperform
Piper Sandler initiated coverage of Riot Platforms with a rating of Overweight and set a new price target of $23.00
Macquarie initiated coverage of Riot Platforms with a rating of Outperform and set a new price target of $15.00
CASTLE ROCK, Colo., Feb. 10, 2025 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ:RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin ("BTC") mining, announced today that it has scheduled its fourth quarter and year-end 2024 earnings conference call for Monday, February 24, 2025, at 4:30 P.M. EST. This conference call will be available through the audio-only webcast, please use this link here to register. Participants who choose to dial into the call in the United States or internationally, please use this link here to register. A replay of the we
CASTLE ROCK, Colo., Oct. 16, 2024 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ:RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin ("BTC") mining, announced today that it has scheduled its third quarter 2024 earnings conference call for Wednesday, October 30, 2024, at 4:30 P.M. EST. During the call, Riot will discuss the results for the quarter ended September 30, 2024. This conference call will be available through the audio-only webcast, please use this link here to register. Participants who choose to dial into the call in the United States
Riot Produces 370 Bitcoin in July 2024 and Expands into Kentucky CASTLE ROCK, Colo., Aug. 5, 2024 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ:RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin ("BTC") mining, announces unaudited production and operations updates for July 2024. Bitcoin Production and Operations Updates for July 2024 Comparison (%) Metric July 2024 1 June 2024 1 July 2023 Month/Month Year/Year Bitcoin Produced 370 255 410 45 % -10 % Average Bitcoin Produced per Day 11.9 8.5 13.2 40 % -10 % Bitcoin Held 2 9,704 9,334 7,275 4 % 33 % Bitcoin Sold - - 400 N/A N/A Bitcoin Sales - Net Proceeds - - $12.1 million N/A N/A Average Net Price per Bitco
4 - Riot Platforms, Inc. (0001167419) (Issuer)
4 - Riot Platforms, Inc. (0001167419) (Issuer)
4 - Riot Platforms, Inc. (0001167419) (Issuer)
SC 13G/A - Riot Platforms, Inc. (0001167419) (Subject)
SC 13G/A - Riot Platforms, Inc. (0001167419) (Subject)
SC 13G/A - Riot Platforms, Inc. (0001167419) (Subject)
4 - Riot Platforms, Inc. (0001167419) (Issuer)