Is RIOT a good long term stock?

RIOT has an average analyst recommendation of Strong Buy. The company has an average price target of $9.60. RIOT has an Overall Score of 53.

What will RIOT stock be worth in 5 years?

Riot Platforms Inc quote is equal to 9.345 USD at 2023-04-05. Based on our forecasts, a long-term increase is expected, the "RIOT" stock price prognosis for 2028-03-29 is 13.984 USD. With a 5-year investment, the revenue is expected to be around +49.64%. Your current $100 investment may be up to $149.64 in 2028.

What is the future of RIOT stock?

Stock Price Forecast

The 9 analysts offering 12-month price forecasts for Riot Platforms Inc have a median target of 9.00, with a high estimate of 12.00 and a low estimate of 5.00. The median estimate represents a -7.22% decrease from the last price of 9.70.

Should I buy RIOT stock now?

Riot Platforms has received a consensus rating of Buy. The company's average rating score is 2.90, and is based on 9 buy ratings, 1 hold rating, and no sell ratings.

What is the price target for Riot Blockchain in 2023?

As of March 17, 2023, the average one-year price target for Riot Blockchain is $9.35. The forecasts range from a low of $5.05 to a high of $12.60.

Riot Platforms Stock Potential Blew Me Away - Breaking Down Riot Stock Buy Opportunity

What is the stock forecast for Riot Blockchain in 2030?

The stock is forecast to hit $46.21 on average in 2026, before falling to $11.21 by 2030.

What is the biggest crypto price prediction for 2023?

Cryptocurrency industry insiders predict bitcoin could hit a new all-time high in 2023 and possibly reach $100,000. It comes after a noted investor bet that the digital currency could go to $1 million in 90 days.

Which stock is better Mara or RIOT?

Riot recorded a net loss of $373.2 million for the last 12 months, but its debt/equity position is far better than MARA's at 1.7%. The company had $257.1 million in cash and short-term investments, $1.45 billion in total assets, and only $154.3 million in total liabilities as of its most recent report.

What is the fair value of RIOT stock?

This DCF valuation model was created by Alpha Spread and was last updated on Apr 4, 2023. Estimated DCF Value of one RIOT stock is 7.91 USD.

Is RIOT stock undervalued?

In addition, Riot Platforms, Inc. has a VGM Score of B (this is a weighted average of the individual Style Scores which allow you to focus on the stocks that best fit your personal trading style). Valuation metrics show that Riot Platforms, Inc. may be overvalued.

Who are the largest holders of RIOT stock?

Riot Platforms Stock Ownership FAQ

Riot Platforms (NASDAQ: RIOT) is owned by 36.26% institutional shareholders, 22.06% Riot Platforms insiders, and 41.68% retail investors. Data Ag Northern is the largest individual Riot Platforms shareholder, owning 6.95M shares representing 4.16% of the company.

Does RIOT pay a dividend?

Riot Platforms does not have a record of paying a dividend.

Is RIOT making money?

How Much Does Riot Games Make A Day? Riot Games makes $4.1M in a day. In a single month, Riot Games normally makes close to $125.0M in revenue.

What stocks will be worth a lot in 5 years?

Who is the biggest investor in Riot Games?

HAX and Tencent are the most recent investors. Riot Games has made 22 investments. Their most recent investment was on Mar 7, 2023 , when The Believer Company raised $55M .

What was the maximum price of RIOT stock?

The all-time high Riot Platforms stock closing price was 3197.14 on October 26, 2007. The Riot Platforms 52-week high stock price is 21.04, which is 110.6% above the current share price. The Riot Platforms 52-week low stock price is 3.25, which is 67.5% below the current share price.

Will RIOT go back up?

On average, Wall Street analysts predict that Riot Platforms's share price could reach $12.89 by Mar 6, 2024. The average Riot Platforms stock price prediction forecasts a potential upside of 102.34% from the current RIOT share price of $6.37.

Is RIOT stock a Cryptocurrency?

Riot is a Bitcoin mining company, supporting the Bitcoin blockchain through rapidly expanding large-scale mining in the United States.

Who are the largest investors in Riot Blockchain?

Riot Blockchain is not owned by hedge funds. The Vanguard Group, Inc. is currently the company's largest shareholder with 8.7% of shares outstanding. With 5.7% and 2.3% of the shares outstanding respectively, BlackRock, Inc. and Jason Les are the second and third largest shareholders.

Is hive better than RIOT?

In February, the company had 1.9 Exahash of bitcoin mining capacity and increased its ETH mining capacity to 4.88 Terahash from 4.56 Terahash. HIVE's gross margin of 86.4% is superior to RIOT.

Is Riot Blockchain Inc a good investment?

RIOT has an average analyst recommendation of Strong Buy. The company has an average price target of $9.60. RIOT has an Overall Score of 53.

Which crypto will hit $1 in 2023?

The top 5 cryptos under $1 that could give 50x gains in the 2023 bull market are RenQ Finance, Shiba Inu, Cardano, Dogecoin, and Algorand. As with any investment, it is important to conduct your due diligence and invest only what you can afford to lose.

Where will crypto be in 10 years?

The price of Bitcoin is most likely to reach USD 800,000 and USD 1 million in 10 years, according to the cryptocurrency community. The value of Bitcoin is anticipated to rise steadily soon. During the final few months of 2021, the price of Bitcoin was quite close to USD 100,000.