Riot Platforms (RIOT)
NASDAQ:RIOT
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RIOT Stock Chart & Stats
$18.11
-$0.67(-5.36%)
At close: 4:00 PM EST
$18.11
-$0.67(-5.36%)
Day’s Range― - ―
52-Week Range$6.96 - $23.94
Previous CloseN/A
Volume10.93M
Average Volume (3M)17.00M
Market Cap
$7.06B
Enterprise Value$7.10B
Total Cash (Recent Filing)$233.52M
Total Debt (Recent Filing)$279.85M
Price to Earnings (P/E)―
Beta2.66
Next Earnings
Apr 30, 2026EPS Estimate
-0.54Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.88
Shares Outstanding379,125,850
10 Day Avg. Volume15,606,659
30 Day Avg. Volume16,996,619
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 Cap1.01
Enterprise Value/Revenue10.97
Enterprise Value/Gross Profit28.92
Enterprise Value/Ebitda-23.84
Forecast
1Y Price Target
$25.88Price Target Upside42.88% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering13
EPS Forecast (FY)-1.26
Revenue Forecast (FY)$598.97M
Bulls Say, Bears Say
Bulls Say
High-performance Computing PartnershipsAnalyst highlights the long-term lease and service agreement with Advanced Micro Devices as validation of the shift into high-performance computing colocation, creating a stable revenue stream with expansion options.
Low-cost Conversion And Funding FlexibilityAnalyst emphasizes that converting existing mining facilities to high-performance computing requires lower capital spending than new builds and can be funded using cash reserves, cryptocurrency holdings, and project financing, supporting attractive returns without immediate equity dilution.
Owned Land And Power CapacityAnalyst notes that ownership of core sites like Rockdale and Corsicana removes lease overhang and unlocks substantial power capacity that can be marketed to cloud and hyperscaler customers for large-scale data center builds.
Bears Say
Capital Intensity And Valuation RiskAnalyst cautions that fully developing remaining capacity will be capital intensive and may require substantial external financing, creating execution and funding risk while the stock trades at relatively high multiples of future profits.
Cryptocurrency Exposure And Revenue SensitivityAnalyst warns that most operating capacity still supports bitcoin mining, leaving revenue heavily exposed to cryptocurrency price swings and global mining capacity assumptions, which increases earnings volatility.
Lease Economics And Limited Initial FootprintAnalyst points out that the Advanced Micro Devices lease covers a small portion of the Rockdale site and that contracted pricing per unit of capacity is lower than peer deals, which could limit revenue per capacity deployed.
Riot Platforms News
RIOT FAQ
What was Riot Platforms’s price range in the past 12 months?
Riot Platforms lowest stock price was $6.96 and its highest was $23.93 in the past 12 months.
What is Riot Platforms’s market cap?
Riot Platforms’s market cap is $7.06B.
When is Riot Platforms’s upcoming earnings report date?
Riot Platforms’s upcoming earnings report date is Apr 30, 2026 which is in 3 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 -0.54.
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
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5
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10
Analyst Consensus
Strong Buy
Average Price Target:
$25.88 (42.88% Upside)
$25.88 (42.88% Upside)
Blogger Sentiment
Bullish
RIOT Sentiment 86%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 14.7M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.2%
Last 30 Days ▼ 0.3%
Last 30 Days ▼ 0.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
60.34%
12-Months-Change
Fundamentals
Return on Equity
-21.05%
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
$25.88
▲(42.88% Upside)
Technical Analysis
Ownership Overview
7.82% Insiders
19.62% Mutual Funds
0.56% Other Institutional Investors
52.88% Public Companies and Individual Investors