Update shared on31 Jul 2025
Fair value Decreased 0.042%Analysts maintain a favorable outlook on Riot Platforms given its undervalued position relative to peers, strategic powered land assets near key metro markets, and strengthened management for HPC expansion, resulting in an unchanged consensus price target of $17.37.
Analyst Commentary
- Bullish analysts see the Core Scientific acquisition by CoreWeave as validating the high value of powered land assets in the AI compute stack, with positive read-through for Riot Platforms.
- The market assigns a premium valuation to high-performance computing (HPC) infrastructure near major metro areas, and Riot’s substantial portfolio close to Dallas and Austin is seen as underappreciated versus peers.
- Bullish analysts note that Riot trades at a significant discount to comparable companies, providing attractive relative value in the mining sector.
- Riot’s hiring of an experienced Chief Data Center Officer is viewed as strengthening its ability to secure HPC business, adding credibility with utilities and customers.
- The trend of acquisition premiums in the sector highlights the value of energized MWs, favoring Riot’s strategic positioning and operational scale.
What's in the News
- Riot Platforms reported Bitcoin production increases for April, May, and June 2025, with significant year-over-year growth in daily production rates.
- The company sold 397 Bitcoin in June 2025.
- Riot Platforms was dropped from multiple Russell Growth indices, including the Russell 2000, 2500, 3000, 3000E, and Small Cap Comp Growth indices.
- Q2 2025 results are expected to be reported on July 31, 2025.
Valuation Changes
Summary of Valuation Changes for Riot Platforms
- The Consensus Analyst Price Target remained effectively unchanged, at $17.37.
- The Future P/E for Riot Platforms remained effectively unchanged, moving only marginally from 74.01x to 74.20x.
- The Net Profit Margin for Riot Platforms remained effectively unchanged, moving only marginally from 13.29% to 13.27%.
Disclaimer
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