Riot Platforms: Piper Sandler Sees Potential in Data Center Shift, Maintains Neutral Rating
Minneapolis (www.aktiencheck.de) – Piper Sandler analysts have revised their price target for Riot Platforms Inc.(ISIN: US7672921050, WKN: A2H51D, ticker symbol: AP4N, NASDAQ symbol: RIOT) upwards, increasing it from $18 to $25 while maintaining a “neutral” rating. The adjustment reflects potential opportunities stemming from a possible strategic shift for the company.
The analysis, dated October 20, 2025, centers on the potential for Riot Platforms to leverage its existing infrastructure for high-performance data centers, specifically targeting the growing demands of artificial intelligence (AI) and high-performance computing (HPC).Piper Sandler highlights the company’s locations in Corsicana (near Dallas, Texas) and Rockdale (near Austin, Texas) as particularly attractive to potential tenants. These sites offer substantial electricity capacity and proximity to major metropolitan areas – key advantages for data center operations.
While acknowledging a recent period of relative quiet in the AI and HPC sectors, Piper Sandler suggests Riot Platforms may be engaged in discussions with multiple “hyperscalers” regarding a transition from Bitcoin mining to data center services at these locations.
The analysts believe a successful realignment could unlock growth for Riot Platforms, though they caution that concrete contracts are necessary to realize this potential. The $25 price target reflects this conditional optimism.
Investors are directed to review potential conflicts of interest disclosures as outlined in Directive 2014/57/EU and related EU regulations, available at http://www.pipersandler.com/2col.aspx?id=4783. (20.10.2025/AC/A/N)
Further information regarding potential conflicts of interest can be found on the analyst firm’s website.
