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$7.93 - $25.86
Previous CloseN/A
Volume10.93M
Average Volume (3M)17.00M
Market Cap
$9.27B
Enterprise Value$9.19B
Total Cash (Recent Filing)$205.67M
Total Debt (Recent Filing)$289.52M
Price to Earnings (P/E)―
Beta2.65
Next Earnings
Jul 30, 2026EPS Estimate
-0.2Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.35
Shares Outstanding378,151,250
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 Cap0.99
Enterprise Value/Revenue14.07
Enterprise Value/Gross Profit-59.17
Enterprise Value/Ebitda-99.67
Forecast
1Y Price Target
$26.13Price Target Upside44.26% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering13
EPS Forecast (FY)-1.89
Revenue Forecast (FY)$660.15M
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 $7.93 and its highest was $25.86 in the past 12 months.
What is Riot Platforms’s market cap?
Riot Platforms’s market cap is $9.27B.
When is Riot Platforms’s upcoming earnings report date?
Riot Platforms’s upcoming earnings report date is Jul 30, 2026 which is in 77 days.
How were Riot Platforms’s earnings last quarter?
Riot Platforms released its earnings results on Apr 30, 2026. The company reported -$1.44 earnings per share for the quarter, missing the consensus estimate of -$0.573 by -$0.867.
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 -0.2.
How many shares outstanding does Riot Platforms have?
Riot Platforms has 378,151,250 shares outstanding.
What happened to Riot Platforms’s price movement after its last earnings report?
Riot Platforms reported an EPS of -$1.44 in its last earnings report, missing expectations of -$0.573. Following the earnings report the stock price went up 7.309%.
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:
$26.13 (44.26% Upside)
$26.13 (44.26% 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
Positive
Last 7 Days ▼ 0.2%
Last 30 Days ▲ 2.4%
Last 30 Days ▲ 2.4%
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
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a strong operational and commercial progress narrative: a material tenant expansion with AMD, tangible delivery of first operating lease capacity, aggressive scaling at Corsicana with improved capital efficiency, robust mining operations and a sizable Bitcoin treasury providing non-dilutive funding. The principal negatives were large reported GAAP and adjusted EBITDA losses driven primarily by non-cash mark-to-market Bitcoin adjustments and early-stage data center revenue composition skewed toward low-margin fit-out services. Because most low points are driven by accounting volatility and the data center business is demonstrably progressing from development to recurring high-margin leases, the positives—large contracted capacity, improved CapEx metrics, a deep power portfolio, vertical engineering integration, and a significant BTC treasury—outweigh the near-term reported losses and early-stage revenue mix.View all RIOT earnings summariesRIOT Stock 12 Month Forecast
Average Price Target
$26.13
▲(44.26% Upside)
Technical Analysis
Ownership Overview
7.84% Insiders
19.05% Mutual Funds
1.95% Other Institutional Investors
51.61% Public Companies and Individual Investors