Riot Platforms, Inc. (RIOT)
Riot Platforms: The $9.1 Billion Anthropic Deal Changes Everything
Riot Platforms is rated Buy with a 12-month price target of $32–$35, reflecting transformative AI data center contracts. The 20-year, $9.1 billion Anthropic lease and the AMD contract shift RIOT toward energy infrastructure, with 241 MW of contracted AI capacity and 84% gross margins. Sum-of-the-parts analysis suggests RIOT is materially undervalued, with the current market cap near the value of the Anthropic deal alone and significant upside potential.
RIOT Stocks Path to 71.21% Upside This Year
Shares of Riot Platforms (NASDAQ:RIOT | RIOT Price Prediction) are working through a choppy post-earnings tape.
Riot Platforms $9.1B AI deal fuels speculation around Anthropic IPO
Riot Platforms Inc (NASDAQ:RIOT) shares rose about 4% on Tuesday after the bitcoin mining company announced a 20-year data center lease with a leading frontier AI lab in a deal valued at approximately $9.1 billion over its initial term. The tenant was not identified by Riot, but the deal has been widely reported to be with Anthropic.
RIOT Q2 Earnings Call Centers on AI Leasing and Funding
Riot is scaling its data center push with a 191 MW AI lease, AMD buildout and Corsicana LOI, backed by project debt and $1.2B in liquidity.
Riot Platforms, Inc. (RIOT) Q2 2026 Earnings Call Transcript
Riot Platforms, Inc. (RIOT) Q2 2026 Earnings Call Transcript
Riot Platforms, Inc. (RIOT) Reports Q2 Loss, Tops Revenue Estimates
Riot Platforms, Inc. (RIOT) came out with a quarterly loss of $0.68 per share versus the Zacks Consensus Estimate of a loss of $0.39. This compares to earnings of $0.57 per share a year ago.
Riot Platforms to Post Q2 Earnings: Is the Stock a Portfolio Must-Have?
RIOT readies for its Aug. 5 Q2 report facing weaker revenue and EPS expectations, but lease revenues and power credits could have helped offset key pressures.
Riot Platforms: A 2GW Power Portfolio Hiding In Plain Sight
I'm rating Riot Platforms (RIOT) a Strong Buy rating with a $29 price target, reflecting a 45% upside from current levels. RIOT is transitioning from pure bitcoin mining to a power-backed AI infrastructure platform, anchored by a 10-year, 50 MW lease agreement with AMD. The company's 2 GW power portfolio and data center buildout position RIOT to capitalize on surging AI infrastructure demand constrained by power availability.
Countdown to Riot Platforms, Inc. (RIOT) Q2 Earnings: Wall Street Forecasts for Key Metrics
Beyond analysts' top-and-bottom-line estimates for Riot Platforms, Inc. (RIOT), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2026.
Here is What to Know Beyond Why Riot Platforms, Inc. (RIOT) is a Trending Stock
Recently, Zacks.com users have been paying close attention to Riot Platforms, Inc. (RIOT). This makes it worthwhile to examine what the stock has in store.
Riot Platforms, Inc. (RIOT) Declines More Than Market: Some Information for Investors
Riot Platforms, Inc. (RIOT) closed at $18.24 in the latest trading session, marking a -14.12% move from the prior day.
Wall Street Analysts See Riot Platforms, Inc. (RIOT) as a Buy: Should You Invest?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
