Riot Blockchain upgraded by Compass Point with a new price target
$RIOT
Finance: Consumer Services
Finance
Compass Point upgraded Riot Blockchain from Neutral to Buy and set a new price target of $14.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
| 11/23/2022 | $10.00 | Buy | H.C. Wainwright |
| 9/29/2022 | $7.00 | Equal Weight | Wells Fargo |
Macquarie initiated coverage of Riot Platforms with a rating of Outperform and set a new price target of $15.00
Needham reiterated coverage of Riot Platforms with a rating of Buy and set a new price target of $13.00 from $15.00 previously
JP Morgan upgraded Riot Platforms from Underweight to Neutral and set a new price target of $12.00 from $8.00 previously
- 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
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 5, 2024 it acquired ownership of 1,460,278 common shares (the "Purchased Shares") of the Company representing approximately 0.37% of the issued and outstanding Common Shares (the "Common Shares") of the Company. The Purchased Shares were acquired through normal course purchases on the Nasdaq Stock Market and other open market trades for a we
4 - Riot Platforms, Inc. (0001167419) (Issuer)
4 - Riot Platforms, Inc. (0001167419) (Issuer)
4 - Riot Platforms, Inc. (0001167419) (Issuer)
Clear Street's Newest Offering, with In-Depth Market Analysis and Investment Insights, Addresses the Firm's Rapidly Expanding Institutional Client Base Initial Sector Coverage Includes Disruptive Technology, Energy Transition and Healthcare Clear Street ("Clear Street", "the Company"), a cloud-native financial technology firm on a mission to modernize the brokerage ecosystem, today announced the launch of its Equity Research Group, a strategic initiative aimed at providing in-depth market analysis and investment insights to its growing institutional client base. Led by Director of Research Mara Goldstein, Clear Street Equity Research will focus initially on the Disruptive Technology, En
Riot Produces 505 Bitcoin in October 2024 and Increases Hash Rate Deployed to 29.4 EH/s CASTLE ROCK, Colo., Nov. 4, 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 October 2024. Bitcoin Production and Operations Updates for October 2024 Comparison (%) Metric October 20241 September 20241 October 2023 Month/Month Year/Year Bitcoin Produced 505 412 458 23 % 10 % Average Bitcoin Produced per Day 16.8 13.7 14.8 23 % 14 % Bitcoin Held2 10,928 10,427 7,345 5 % 49 % Bitcoin Sold - - 440 N/A N/A Bitcoin Sales - Net Proceeds - - $12.5 mi
Riot Reports $84.8 million in Total Revenue and Deployed Hash Rate of 28 EH/s CASTLE ROCK, Colo., Oct. 30, 2024 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ:RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin mining, reported financial results for the three-month period ended September 30, 2024. The accompanying presentation materials are available on Riot's website. "I'm pleased to announce Riot's results for the third quarter 2024, the first full quarter past the Bitcoin 'halving' event, during which Riot continued to achieve significant growth while maintaining industry-leading low power costs," said Jason Les, CEO of Riot. "Riot recorded $84.8 million in
10-Q - Riot Platforms, Inc. (0001167419) (Filer)
8-K - Riot Platforms, Inc. (0001167419) (Filer)
8-K - Riot Platforms, Inc. (0001167419) (Filer)
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
Riot Reports $70.0 million in Total Revenue and Deployed Hash Rate of 22.0 EH/s CASTLE ROCK, Colo., July 31, 2024 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ:RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin mining, reported financial results for the three-month period ended June 30, 2024. The unaudited financial statements and accompanying presentation materials are available on Riot's website. "I am extremely pleased to present results for Riot's second quarter 2024, during which we accomplished significant operational growth and execution of our long-term strategy," said Jason Les, CEO of Riot. "The second quarter saw the Bitcoin network 'halving' in Ap
SC 13G/A - Riot Platforms, Inc. (0001167419) (Subject)
SC 13G/A - Riot Platforms, Inc. (0001167419) (Subject)
SC 13G/A - Riot Platforms, Inc. (0001167419) (Subject)
Riot Platforms Inc (NASDAQ:RIOT) shares are trading lower Thursday. The company announced that Ontario Capital Markets Tribunal has cease traded Bitfarms Ltd’s (NASDAQ:BITF) poison pill. What Happened: Riot announced that it was successful in its application to the Ontario Capital Markets Tribunal to cease trade the shareholder rights plan (poison pill) implemented by Bitfarms’ board. “This ruling from the Tribunal in favor of Riot’s application is a win for all Bitfarms shareholders. The adoption of the off-market Poison Pill is yet another example of the broken corporate governance that plagues Bitfarms and of the ongoing attempts by the Bitfarms directors to entrench themselves. We
Cantor Fitzgerald analyst Brett Knoblauch reiterates Riot Platforms (NASDAQ:RIOT) with a Overweight and maintains $23 price target.
Riot Platforms, Inc. (NASDAQ:RIOT) shares are on watch Wednesday as the broader markets, including the price of Bitcoin (CRYPTO: BTC), slip. The Details: Riot announced the acquisition of Block Mining on Tuesday, a bitcoin miner with significant power resources which can support up to 305 MW by the end of 2025. The acquisition also allows Riot to increase its hashrate targets to 36.3 EH/s by the end of 2024 and 56.6 EH/s by the end of 2025. “Riot aims to solidify their position as one of the three largest U.S.-listed miners by hashrate and power pipeline,” JPMorgan analyst Reginald L. Smith emphasized in a research note. Read Next: What’s Going On With Carnival Stock? Nee