
Riot Blockchain (RIOT) Stock Forecast & Price Target
Riot Blockchain (RIOT) Analyst Ratings
Bulls say
Riot Platforms Inc. has demonstrated a positive growth trajectory, evidenced by a significant quarter-over-quarter increase in hash rate and a shift toward higher-margin Corsicana power sources, resulting in a 19% rise in mining revenue. The Engineering segment is projected to achieve a run rate of $100 million by Q4 2025, reflecting increased revenue estimates aligned with company guidance. Additionally, fourth-quarter results exceeded expectations, driven by a combination of higher Bitcoin prices and revenue growth, underscoring robust operational performance and strategic initiatives across both segments.
Bears say
Riot Platforms Inc. faces significant challenges driven by a downturn in Bitcoin prices, as a decline could severely impact its revenue and profitability, given that the majority of its income stems from Bitcoin mining. Additionally, the company's anticipated incremental revenue from its engineering segment is expected to drag on overall profitability, exacerbated by rising operational costs and pricing uncertainties in electricity. Furthermore, ongoing supply chain issues could hinder timely delivery of mining equipment, adding another layer of uncertainty to Riot’s future financial outlook.
This aggregate rating is based on analysts' research of Riot Blockchain and is not a guaranteed prediction by Public.com or investment advice.
Riot Blockchain (RIOT) Analyst Forecast & Price Prediction
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