2026-01-14 21:49:37

Analysts at Piper Sandler just flagged $RIOT as a "Sleeping Giant" in their latest research, attaching a $26 price target to the stock—marking a potential upside exceeding 50% from current trading levels.

What's catching attention is the infrastructure backbone backing this thesis. The company operates 1.7GW of AI and HPC-ready data center capacity positioned in West Texas, positioning it well ahead of the curve as enterprise compute demand accelerates. This isn't just hype—it's tangible megawatt capacity in one of the most strategic locations for data center deployment.

The market's already buzzing with parallels. Observers are drawing comparisons to recent AI-driven catalysts seen with $IREN and $CIFR, where data center assets and computing infrastructure became deal magnets. Speculation is mounting that similar M&A activity could be heading RIOT's way sooner rather than later. The combination of available capacity, strategic location, and existing analyst recognition makes this a narrative worth tracking closely.

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AirdropHarvester

· 17h ago

1.7GW data center in West Texas? That logic definitely makes sense, but M&A is purely a game of psychological strategy.

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ThatsNotARugPull

· 17h ago

1.7GW data center in West Texas? That's quite something, but to be honest, I've seen too many targets like a 50% increase...

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liquidation_watcher

· 17h ago

West Texas 1.7GW sounds good, but can it really justify a 50% increase? It seems like Piper Sandler might be a bit too optimistic this time.

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AirdropHarvester

· 17h ago

1.7GW in Texas? That location is indeed amazing, but a 50% increase... I've heard this story too many times. --- It's another M&A hype, just like the IREN case, and look what happened—retail investors still got cut. --- Western Texas's strategic position? It depends on electricity costs—that's the key to data centers. --- Sleeping giant? Feels like that phrase is overused; every month there's a new sleeping giant. --- $26 price target, can Piper Sandler deliver this time? What about their previous forecast? --- Quickly lay in wait; before M&A, funds usually start positioning early. --- 1.7GW sounds impressive, but it's far behind Hut8 and CoreWeave. --- I'm tired of hearing about infrastructure stories; it all comes down to who gets acquired first. --- Texas has cheap electricity, that's true, but don't ignore the regulatory risks either. --- AI infrastructure is indeed a gold mine, but how much share RIOT can actually grab is still unknown.

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RektRecovery

· 18h ago

lmao piper sandler calling it a "sleeping giant" is peak analyst theater... we've seen this playbook before with $IREN and $CIFR, right? megawatt capacity doesn't guarantee anything when acquisition speculation gets this loud 🤔

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StableGeniusDegen

· 18h ago

1.7GW in Texas? If it's really acquired, I'll go all in, but to be honest, I've seen too many hype around this kind of topic.

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