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Analysts cut Riot targets despite 72% revenue jump
short by / on Tuesday, 3 March, 2026
Riot Platforms stock fell over 4% as Wall Street slashed price targets despite a 72% revenue jump. Analysts cited weaker Bitcoin prices, higher expenses, and reduced 2026 mining estimates. Firms including Cantor and Needham lowered their outlooks, though HC Wainwright maintained a Buy rating based on the company's AI potential.
read more at Stocktwits