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RIOT Stock Chart & Stats
$22.53
-$1.33(-5.57%)
At close: 4:00 PM EDT
$22.53
-$1.33(-5.57%)
Day’s Range― - ―
52-Week Range$11.15 - $30.32
Previous CloseN/A
Volume14.53M
Average Volume (3M)15.79M
Market Cap
$7.34B
Enterprise Value$9.85K
Total Cash (Recent Filing)$471.38M
Total Debt (Recent Filing)$289.38M
Price to Earnings (P/E)―
Beta2.54
Next Earnings
Nov 10, 2026EPS Estimate
-0.31Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-3.68
Shares Outstanding378,151,250
10 Day Avg. Volume18,090,512
30 Day Avg. Volume15,794,003
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit>-0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$34.43Price Target Upside52.81% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering14
EPS Forecast (FY)-1.98
Revenue Forecast (FY)$654.25M
Bulls Say, Bears Say
Bulls Say
Long-term Rockdale AI Lab LeaseA 20-year, 191 MW contracted lease creates durable, high-margin contracted cash flows once deployed. The large initial-term revenue and 80%–90% NOI guidance materially diversifies Riot toward predictable data-center income, reducing sole reliance on block-reward mining volatility over the multi-year lease term.
Strong Liquidity And Interim FinancingHaving $1.2B of combined cash and bitcoin plus a $573M interim facility provides near-term funding optionality to procure long-lead equipment and advance builds. This liquidity buffer materially reduces immediate refinancing pressure, enabling phased project execution and lowering short-term dilution risk while operations scale.
Growing Engineering & Vertical IntegrationRapidly expanding engineering revenue, meaningful margin improvement, and a sizable backlog indicate a durable operational competency. Increased manufacturing capacity shortens supply lead times, supports on‑schedule deployments, and creates a higher-margin, recurring services stream that complements capital-intensive leasing and mining activities.
Bears Say
Persistent Negative Cash FlowSustained negative operating and free cash flow means Riot consumes cash to fund operations and growth, increasing reliance on external financing or asset sales. Over months, persistent cash burn elevates liquidity and execution risk, particularly if project timelines slip or capital markets tighten, constraining self-funded expansion.
Very High Capital Intensity And Financing NeedsLarge upfront CapEx and heavy expected project leverage create structural execution and financing risk. The business model depends on securing sizable, timely project financing and equity; any shortfall or higher-than-expected financing costs would raise funding needs or dilution, compressing returns on multi-year leases and slowing rollout.
Exposure To Bitcoin Price And Mining VolatilityRiot's core mining revenue and treasury value remain tied to volatile Bitcoin prices. Regular selling of mined BTC to fund builds reduces treasury upside and links liquidity to market timing. Combined with variable hash utilization and network difficulty, this creates durable earnings and funding volatility across quarters.
Riot Platforms News
RIOT FAQ
What was Riot Platforms, Inc.’s price range in the past 12 months?
Riot Platforms, Inc. lowest stock price was $11.15 and its highest was $30.32 in the past 12 months.
What is Riot Platforms, Inc.’s market cap?
Riot Platforms, Inc.’s market cap is $7.34B.
When is Riot Platforms, Inc.’s upcoming earnings report date?
Riot Platforms, Inc.’s upcoming earnings report date is Nov 10, 2026 which is in 90 days.
How were Riot Platforms, Inc.’s earnings last quarter?
Riot Platforms, Inc. released its earnings results on Aug 10, 2026. The company reported -$0.68 earnings per share for the quarter, missing the consensus estimate of -$0.303 by -$0.377.
Is Riot Platforms, Inc. overvalued?
According to Wall Street analysts Riot Platforms, Inc.’s price is currently Undervalued.
Does Riot Platforms, Inc. pay dividends?
Riot Platforms, Inc. pays a Notavailable dividend of $1 which represents an annual dividend yield of N/A. See more information on Riot Platforms, Inc. dividends here
What is Riot Platforms, Inc.’s EPS estimate?
Riot Platforms, Inc.’s EPS estimate is -0.31.
How many shares outstanding does Riot Platforms, Inc. have?
Riot Platforms, Inc. has 378,151,250 shares outstanding.
What happened to Riot Platforms, Inc.’s price movement after its last earnings report?
Riot Platforms, Inc. reported an EPS of -$0.68 in its last earnings report, missing expectations of -$0.303. Following the earnings report the stock price went up 4.33%.
Which hedge fund is a major shareholder of Riot Platforms, Inc.?
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
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$34.43 (52.81% Upside)
$34.43 (52.81% Upside)
Blogger Sentiment
Bullish
RIOT Sentiment 80%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 3.1M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 0.1%
Last 30 Days ▼ 1.2%
Last 30 Days ▼ 1.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
51.10%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-7.56%
Trailing 12-Months
Company Description
Riot Platforms, Inc.
Riot Platforms, Inc., along with its associated companies, primarily operates as a Bitcoin mining enterprise within the United States. The firm's activities are divided into two main areas: Bitcoin Mining and Engineering. It develops and manages essential infrastructure for large-scale Bitcoin mining operations at sites in Rockdale and Navarro counties, Texas, as well as two facilities in Paducah, Kentucky. Beyond its mining endeavors, the company's Engineering division designs and manufactures specialized power distribution equipment and custom-engineered electrical solutions. This segment also provides comprehensive services for the design, production, and installation of electricity distribution products to a diverse client base, including major commercial organizations, government agencies, and customers in the data center, power generation, utility, water, industrial, and renewable energy sectors. Established in the year 2000, Riot Platforms is headquartered in Castle Rock, Colorado.
RIOT Company Deck
RIOT Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized substantial operational progress and high-quality, long-term contracted revenue potential driven by two major Rockdale leases (AMD expansion and a 191 MW frontier AI lab), a Corsicana LOI for a full campus, strong engineering momentum, and sufficient near-term liquidity plus interim financing to advance builds. These positive execution and pipeline developments largely outweigh the reported GAAP loss and noncash charges, which management framed as largely non-operational and investment-related. The company presented a clear financing and capital recycling plan to fund builds while reducing external equity needs.View all RIOT earnings summariesRIOT Stock 12 Month Forecast
Average Price Target
$34.43
▲(52.81% Upside)
Technical Analysis
Ownership Overview
6.90% Insiders
19.62% Mutual Funds
2.83% Other Institutional Investors
51.84% Public Companies and Individual Investors