Is RIOT a penny stock?

Riot Blockchain gave an update on its Bitcoin mining operations for December 2022. The company also announced a name change to Riot Platforms. The stock is still a highly promotional penny stock that should be avoided by all investors.

Is RIOT a good buy right now?

The financial health and growth prospects of RIOT, demonstrate its potential to underperform the market. It currently has a Growth Score of A. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of B.

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.

How high will RIOT stock go?

Stock Price Forecast

The 10 analysts offering 12-month price forecasts for Riot Platforms Inc have a median target of 10.00, with a high estimate of 12.00 and a low estimate of 5.00. The median estimate represents a -5.53% decrease from the last price of 10.59.

Is RIOT a good long-term investment?

Riot Platforms Inc has a Long-Term Technical rank of 83. This means that trading over the last 200 trading days has placed the company in the upper half of stocks with 17% of the market scoring higher. In the Software - Application industry which is number 97 by this metric, RIOT ranks better than 97% of stocks.

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What is the future of RIOT stock?

RIOT Stock 12 Months Forecast

Based on 8 Wall Street analysts offering 12 month price targets for Riot Platforms in the last 3 months. The average price target is $9.38 with a high forecast of $12.00 and a low forecast of $5.00.

Does RIOT pay a dividend?

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

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 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.

Why is RIOT stock falling?

The fall of cryptocurrency prices has a direct impact on the financial performance of Riot Blockchain as its mining operations generate less revenues. Hence, the stock has become a target of short-sellers, who are increasing their bets against RIOT since late August, as indicated by the RIOT short interest.

Who owns the most shares for RIOT?

Riot Platforms Stock Ownership FAQ

Data Ag Northern is the largest individual Riot Platforms shareholder, owning 6.95M shares representing 4.16% of the company. Data Ag Northern's Riot Platforms shares are currently valued at $67.21M. If you're new to stock investing, here's how to buy Riot Platforms stock.

Is RIOT a Bitcoin stock?

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

Is RIOT a buy or sell?

Riot Platforms has received a consensus rating of Buy. The company's average rating score is 2.89, and is based on 8 buy ratings, 1 hold rating, and no sell ratings.

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.

Can NIO stock reach $1,000?

The success of NIO is dependent on the continued growth of China's electric vehicle market. If this industry continues to grow rapidly, it is possible that NIO's share price could reach $1000 per share within the next few 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 stocks will be worth a lot in 5 years?

What is the most a stock has ever been worth?

Watching stocks go up and down might make you wonder: How high can a stock go? Berkshire Hathaway (BRK. A) - Get Report is the most expensive stock of all time in terms of its price per share. The A-class shares traded for more than $482,000 per share in early 2023.

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.

Why is RIOT stock going up?

The current spike in Riot can be seen as a result of the rally in Bitcoin. BTC has breached the threshold of $26000 which has pushed the asset price to a new high. Various analysts are expecting a strong rise in price in the near future.

How to invest in RIOT?

Deposit funds unto your account by linking your banking information or transfer funds from another trading account. Search for the stock name – RIOT. Search for the stock by name or ticker symbol. Buy the stock.

How to get $1,000 in dividends?