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Riot Platforms (RIOT)
NASDAQ:RIOT
RIOT Stock Chart & Stats
$16.53
-$0.67(-5.36%)
At close: 4:00 PM EST
$16.53
-$0.67(-5.36%)
Day’s Range― - ―
52-Week Range$6.19 - $23.94
Previous CloseN/A
Volume10.93M
Average Volume (3M)18.81M
Market Cap
$5.91B
Enterprise Value$5.85B
Total Cash (Recent Filing)$233.52M
Total Debt (Recent Filing)$279.85M
Price to Earnings (P/E)―
Beta2.58
Next Earnings
May 13, 2026EPS Estimate
-0.55Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.88
Shares Outstanding379,125,850
10 Day Avg. Volume18,676,245
30 Day Avg. Volume18,811,527
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)1.51
Price to Sales (P/S)6.67
P/FCF Ratio-5.58
Enterprise Value/Market Cap0.99
Enterprise Value/Revenue9.03
Enterprise Value/Gross Profit40.94
Enterprise Value/Ebitda23.34
Forecast
1Y Price Target
$26.55Price Target Upside60.62% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering12
EPS Forecast (FY)-1.3
Revenue Forecast (FY)$608.84M
Bulls Say, Bears Say
Bulls Say
Capital EfficiencyAnalyst emphasizes that converting existing mining facilities into high-performance computing sites requires relatively low retrofit capital, improving project margins and accelerating payback compared with new builds.
Owned Land And CapacityAnalyst highlights that ownership of core site land at Rockdale and Corsicana removes lease overhang and unlocks substantial deliverable power capacity that can be marketed to large cloud and hyperscaler customers.
Partnerships & Customer WinsAnalyst notes that the colocation agreement with Advanced Micro Devices began generating revenue and validates the company's pivot to high-performance computing, supporting further tenant interest and expansion options.
Bears Say
Contract Pricing And ScaleAnalyst states that the AMD lease covers a small portion of Rockdale and that contracted pricing per megawatt is lower than peer deals, which could limit revenue per unit and margin upside.
Cryptocurrency Revenue ExposureAnalyst warns that most operating capacity still supports bitcoin mining, leaving revenue highly sensitive to bitcoin price swings and assumptions about global mining capacity.
Valuation ConcernsAnalyst points out that the stock trades at elevated multiples of projected profits and revenue, increasing downside risk if execution or market assumptions are not met.
Riot Platforms News
RIOT FAQ
What was Riot Platforms’s price range in the past 12 months?
Riot Platforms lowest stock price was $6.19 and its highest was $23.93 in the past 12 months.
What is Riot Platforms’s market cap?
Riot Platforms’s market cap is $5.91B.
When is Riot Platforms’s upcoming earnings report date?
Riot Platforms’s upcoming earnings report date is May 13, 2026 which is in 68 days.
How were Riot Platforms’s earnings last quarter?
Riot Platforms released its earnings results on Mar 02, 2026. The company reported -$1.88 earnings per share for the quarter, missing the consensus estimate of -$0.214 by -$1.666.
Is Riot Platforms overvalued?
According to Wall Street analysts Riot Platforms’s price is currently Undervalued.
Does Riot Platforms pay dividends?
Riot Platforms pays a Notavailable dividend of $1 which represents an annual dividend yield of N/A. See more information on Riot Platforms dividends here
What is Riot Platforms’s EPS estimate?
Riot Platforms’s EPS estimate is -0.55.
How many shares outstanding does Riot Platforms have?
Riot Platforms has 379,125,850 shares outstanding.
What happened to Riot Platforms’s price movement after its last earnings report?
Riot Platforms reported an EPS of -$1.88 in its last earnings report, missing expectations of -$0.214. Following the earnings report the stock price went down -6.939%.
Which hedge fund is a major shareholder of Riot Platforms?
Currently, no hedge funds are holding shares in RIOT
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Riot Platforms Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$26.55 (60.62% Upside)
$26.55 (60.62% Upside)
Blogger Sentiment
Bullish
RIOT Sentiment 85%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 14.7M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.3%
Last 30 Days ▼ 0.2%
Last 30 Days ▼ 0.2%
News Sentiment
Bullish
Bullish news 73%
Bearish news 27%
Bearish news 27%
Technicals
SMA
Positive
20 days / 200 days
Momentum
96.55%
12-Months-Change
Fundamentals
Return on Equity
-22.10%
Trailing 12-Months
Asset Growth
-3.79%
Trailing 12-Months
Company Description
Riot Platforms
Riot Platforms, Inc., together with its subsidiaries, operates as a Bitcoin mining company in the United States. The company operates in two segments, Bitcoin Mining and Engineering. It offers comprehensive and critical infrastructure for institutional-scale Bitcoin mining facilities in Rockdale and Navarro counties, Texas; and two Bitcoin mining sites in Paducah, Kentucky. The company also designs and manufactures power distribution equipment and custom engineered electrical products; and electricity distribution product design, manufacturing, and installation services for large-scale commercial and governmental customers, as well as data center, power generation, utility, water, industrial, and alternative energy markets. The company was founded in 2000 and is based in Castle Rock, Colorado.
RIOT Company Deck
RIOT Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call emphasized substantial operational progress: a strategic pivot to data center development marked by the Rockdale acquisition, expansion of Corsicana, the AMD anchor lease (25 MW initial with large expansion potential), a 1.7 GW fully approved power portfolio, strong revenue growth (+72% YoY), material increases in mining production (+18%) and hash rate (+22%), and a 302% increase in Engineering backlog. However, material GAAP losses ($663M) driven by large noncash charges, modest non‑GAAP EBITDA ($13M), a sizable rise in cost to mine per BTC (~+54%), continued dependence on Bitcoin-sales to fund CapEx, and an existing market valuation discount introduce meaningful financial and execution risks. Overall, operational momentum is strong but financial results and execution/financing risks keep the picture balanced.View all RIOT earnings summariesRIOT Stock 12 Month Forecast
Average Price Target
$26.55
▲(60.62% Upside)
Technical Analysis
Ownership Overview
8.30% Insiders
20.02% Mutual Funds
4.13% Other Institutional Investors
48.01% Public Companies and Individual Investors