Riot Platforms, Inc. (RIOT) has disclosed a new risk, in the Sales & Marketing category.
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Riot Platforms, Inc. faces a significant risk in its AI/HPC sector endeavors due to its reliance on third-party consultants, vendors, and potential customers. The company’s success hinges on its ability to attract and retain long-term, creditworthy partners and customers to support the development and commercialization of its infrastructure. Failure to secure these relationships or if these external parties do not perform as expected, could result in the investment not delivering the anticipated returns. This dependency on external entities presents a critical risk factor that could impact Riot Platforms, Inc.’s financial outcomes.
The average RIOT stock price target is $18.36, implying 66.46% upside potential.
To learn more about Riot Platforms, Inc.’s risk factors, click here.