Streetbeat News

RIOT

Riot Blockchain, Inc.

https://www.riotblockchain.com

Industry

Software - Application

Riot Blockchain, Inc., together with its subsidiaries, focuses on bitcoin mining operations in North America. It operates through Bitcoin Mining, Data Center Hosting, and Electrical Products and Engineering segments. As of December 31, 2021, it operated approximately 30,907 miners. Riot Blockchain, Inc. was incorporated in 2000 and is headquartered in Castle Rock, Colorado.

Open

12.33

Mkt cap

4.3B

Volume

29M

High

12.84

P/E Ratio

85.40

52-wk high

18.75

Low

12.01

Div yield

N/A

52-wk low

6.36

The article lists five tech stocks that are currently oversold and may present a buying opportunity. These include Marathon Digital Holdings, Riot Platforms, indie Semiconductor, Maxeon Solar Technologies, and One Stop Systems. The companies have reported mixed Q2 results, with some missing revenue estimates and others exceeding them.

Portfolio Pulse from Lisa Levin

August 23, 2023 | 1:12 pm

Cantor Fitzgerald analyst Josh Siegler has reiterated an Overweight rating on Riot Platforms (NASDAQ:RIOT) and maintained a $23 price target.

Portfolio Pulse from richadhand@benzinga.com

August 23, 2023 | 1:06 pm

Crypto stocks including CLSK, COIN, MARA, and RIOT are trading lower due to the recent weakness in Bitcoin.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 1:07 pm

Crypto stocks, including MARA and RIOT, are experiencing a downturn due to the current weakness in Bitcoin.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 3:42 pm

Benzinga's options activity scanner has identified significant trading activity in 10 information technology stocks. The stocks include Apple (AAPL), Nvidia (NVDA), Cisco Systems (CSCO), Advanced Micro Devices (AMD), Lumentum Holdings (LITE), Twilio (TWLO), Riot Blockchain (RIOT), Micron Technology (MU), Palo Alto Networks (PANW), and Intel (INTC). The trading activity includes both bullish and bearish sentiments.

Portfolio Pulse from Benzinga Insights

August 16, 2023 | 5:35 pm

Crypto-related stocks, including MARA and RIOT, are experiencing a downturn due to a decrease in Bitcoin value and risk-off sentiment.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 7:48 pm

B. Riley Securities analyst Lucas Pipes maintains a Buy rating on Riot Platforms (NASDAQ:RIOT) and raises the price target from $14 to $18.

Portfolio Pulse from richadhand@benzinga.com

August 14, 2023 | 1:11 pm

Northland Capital Markets analyst Mike Grondahl maintains an Outperform rating on Riot Platforms (NASDAQ:RIOT) and raises the price target from $14.5 to $18.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 6:28 pm

HC Wainwright & Co. analyst Mike Colonnese maintains a Buy rating on Riot Platforms (NASDAQ:RIOT) and raises the price target from $13.5 to $18.

Portfolio Pulse from richadhand@benzinga.com

August 11, 2023 | 10:07 am

Riot Platforms' shares are trading lower after the company reported a Q2 revenue miss.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 5:52 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.