BTIG Reiterates Buy Rating and Top Pick on Riot Platforms (RIOT)

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Piper Sandler: 'we think the deal establishes RIOT as a credible data center option for hyperscaler tenants'

January 16, 2026 12:17 PM EST

Piper Sandler analyst Patrick Moley reiterated an Overweight rating and $26.00 price target on Riot Platforms (NASDAQ: RIOT)

The analyst comments "RIOT signs first AI/HPC deal with AMD at its Rockdale site outside of Austin, TX. This morning, RIOT announced an... More