Riot Platforms (RIOT)
NASDAQ:RIOT
RIOT Stock Chart & Stats
$12.55
-$0.67(-5.36%)
At close: 4:00 PM EST
$12.55
-$0.67(-5.36%)
Day’s Range― - ―
52-Week Range$6.19 - $23.94
Previous CloseN/A
Volume10.93M
Average Volume (3M)17.55M
Market Cap
$4.76B
Enterprise Value$4.80B
Total Cash (Recent Filing)$233.52M
Total Debt (Recent Filing)$279.85M
Price to Earnings (P/E)―
Beta2.61
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. Volume15,926,856
30 Day Avg. Volume17,546,332
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/Revenue7.42
Enterprise Value/Gross Profit19.56
Enterprise Value/Ebitda-16.13
Forecast
1Y Price Target
$26.36Price Target Upside110.04% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering12
EPS Forecast (FY)-1.25
Revenue Forecast (FY)$596.69M
Bulls Say, Bears Say
Bulls Say
AMD Partnership And Expansion PotentialAnalyst highlights the long-term lease and service agreement with AMD and indicates that additional AMD capacity expansions could significantly boost revenue and validate the HPC business model.
Owned Land And Available Power CapacityAnalyst emphasizes ownership of key Rockdale and Corsicana sites, which removes lease overhang and unlocks substantial power capacity that can be marketed to hyperscale and cloud customers.
Strategic Pivot To High-performance ComputingAnalyst notes the company's strategic shift from bitcoin mining to high-performance computing data centers, with initial AI colocation deals showing the ability to generate recurring revenue from converted mining infrastructure.
Bears Say
Capital Intensity And Financing Risk For ExpansionAnalyst cautions that fully developing remaining capacity for data centers will be capital intensive and could require substantial external financing, creating execution and funding risk for the rollout.
Exposure To Bitcoin Market VolatilityAnalyst warns that most operating capacity still supports bitcoin mining, leaving revenue and production forecasts vulnerable to cryptocurrency price swings and reduced miner utilization.
Valuation And Profit Multiple RiskAnalyst points out the stock trades at relatively high multiples on projected profit and revenue, increasing downside risk if growth, pricing, or margins disappoint.
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 $4.76B.
When is Riot Platforms’s upcoming earnings report date?
Riot Platforms’s upcoming earnings report date is May 13, 2026 which is in 41 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
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10
Analyst Consensus
Strong Buy
Average Price Target:
$26.36 (110.04% Upside)
$26.36 (110.04% 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
Negative
Last 7 Days ▼ 0.3%
Last 30 Days ▼ 0.9%
Last 30 Days ▼ 0.9%
News Sentiment
Very Bearish
Bullish news 17%
Bearish news 83%
Bearish news 83%
Technicals
SMA
Negative
20 days / 200 days
Momentum
66.44%
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
$26.36
▲(110.04% Upside)
Technical Analysis
Ownership Overview
8.14% Insiders
19.65% Mutual Funds
20.32% Other Institutional Investors
32.66% Public Companies and Individual Investors