Citi Positive on Riot Platforms (RIOT) Through 2026 on Expected Regulatory Reforms

6 days ago 3

Maham Fatima

Mon, January 12, 2026 astatine 9:11 AM CST 1 min read

Riot Platforms Inc. (NASDAQ:RIOT) is 1 of the promising stocks to bargain nether $50. On December 22, Citi lowered the firm’s terms people connected Riot Platforms to $23 from $28, portion maintaining a Buy standing connected the shares. Despite updating its valuation models, Citi remained affirmative connected integer assets heading into 2026. Citi inactive expects looming regulatory reforms to thrust banal show crossed the sector.

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In Q3 2025, Riot Platforms Inc. (NASDAQ:RIOT) generated a full gross of $180.2 million, which much than doubled the $84.8 cardinal reported successful Q3 2024. The gross surge was chiefly fueled by a $93.3 cardinal year-over-year summation successful Bitcoin mining revenue, arsenic the institution produced 1,406 Bitcoin during the quarter.

Citi Positive connected Riot Platforms (RIOT) Through 2026 connected Expected Regulatory Reforms

Furthermore, portion gross grew, the company’s ain hash complaint deployment of 3% was outpaced by an 8% summation successful planetary web competition. To mitigate vigor costs, Riot efficaciously utilized its Power-First Strategy, earning $23 cardinal successful cumulative superior expenditure savings done its engineering concern and important powerfulness credits.

Riot Platforms Inc. (NASDAQ:RIOT), unneurotic with its subsidiaries, operates arsenic a Bitcoin mining institution successful the US.

While we admit the imaginable of RIOT arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.