RIOT Should I Buy
-
$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
ET
Riot Platforms Inc (RIOT) is not a strong buy for a beginner, long-term investor at this moment. The technical indicators show a bearish trend, and the financial performance indicates significant challenges with declining net income and EPS. While analysts maintain a Buy rating, price targets have been lowered due to weaker Bitcoin prices and mining economics. Options data suggests a bullish sentiment, but the lack of strong proprietary trading signals and mixed catalysts make it prudent to hold off on buying for now.
The technical indicators are bearish. The MACD is negative and expanding downward, RSI is neutral at 43.221, and moving averages are bearish (SMA_200 > SMA_20 > SMA_5). The stock is trading below its pivot level of 14.277, with support at 13.303 and resistance at 15.251.
Riot Platforms reported a 4.5% increase in performance metrics, indicating some operational improvements.
Analysts highlight strong HPC demand trends and Riot's shift towards a 'Power-First' strategy, which could unlock shareholder value in the long term.
Pre-market price is down by 2.18%, reflecting weak sentiment.
Analysts have lowered price targets due to declining Bitcoin prices and weaker mining economics.
Financial performance shows a significant drop in net income (-606.28% YoY) and EPS (-803.57% YoY).
In Q4 2025, revenue increased by 7.21% YoY to $152.83M, but net income dropped significantly to -$690.75M (-606.28% YoY), and EPS fell to -1.97 (-803.57% YoY). Gross margin improved but remains negative at -36.45%.
Analysts maintain a Buy rating on RIOT, but most have lowered their price targets recently due to weaker Bitcoin prices and mining economics. The average price target now ranges between $21 and $25, down from previous estimates of $23 to $30.
