Bernstein Reaffirms Riot Platforms (RIOT) Outperform Rating

Basio badr

ago 3 hours

Bernstein Reaffirms Riot Platforms (RIOT) Outperform Rating

On November 3, 2025, Bernstein confirmed its Outperform rating for Riot Platforms (Nasdaq: RIOT). This decision comes amidst positive market assessments and analysts predicting a substantial upside in the company’s stock price.

Stock Performance and Price Forecast

As of October 29, 2025, the average one-year price target for Riot Platforms stands at $25.23 per share. This represents a potential increase of 27.55% from its last reported closing price of $19.78. Current forecasts for the stock price range from a low of $11.11 to a high of $44.10.

Projected Revenue and Earnings

Riot Platforms’ projected annual revenue is estimated at $631 million, reflecting a slight decrease of 0.91% compared to earlier projections. The anticipated non-GAAP earnings per share (EPS) is pegged at $0.02, highlighting cautious optimism among analysts about the company’s profitability.

Institutional Support and Shareholder Activity

Recent data indicates that 604 funds and institutions hold positions in Riot Platforms, marking an increase of 5.78% in ownership over the last quarter. The average portfolio weight allocated to RIOT across these funds is 0.29%, up by 9.60%.

Total shares owned by institutions rose by 7.51%, reaching 247,256K shares.
The put/call ratio for RIOT is 0.54, signifying a bullish sentiment among investors.

Notable Institutional Holdings

Vanguard Total Stock Market Index Fund Investor Shares: Holds 10,970K shares (2.95% ownership), up from 9,742K shares, an increase of 11.19%.
Geode Capital Management: Owns 8,694K shares (2.34% ownership), up from 8,299K shares, an increase of 4.55%.
Vanguard Small-Cap Index Fund Investor Shares: Holds 8,315K shares (2.24% ownership), an increase of 7.01% from 7,732K shares.
iShares Russell 2000 ETF: Now holds 8,210K shares (2.21% ownership) despite a slight decrease of 0.95% from previous figures.
Vanguard Information Technology Index Fund Admiral Shares: Owns 6,947K shares (1.87% ownership), increasing by 2.29% from 6,788K shares.

Analyst sentiment remains predominantly positive as Bernstein gives a thumbs up to Riot Platforms’ prospects. This shows continued institutional interest and support, reflecting confidence in the company’s growth trajectory within the cryptocurrency sector.