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Riot Platforms (RIOT)
NASDAQ:RIOT
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RIOT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$6.36 - $18.36
Previous CloseN/A
Volume10.93M
Average Volume (3M)34.67M
Market Cap
$4.57B
Enterprise Value$1.54B
Total Cash (Recent Filing)$13.04M
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)45.5
Beta3.14
Next Earnings
Mar 12, 2025EPS Estimate
-0.14Last Dividend Ex-Date
Oct 12, 2017Dividend YieldN/A
Share Statistics
EPS (TTM)0.29
Shares Outstanding343,927,060
10 Day Avg. Volume27,761,015
30 Day Avg. Volume34,668,959
Standard Deviation0.41
R-Squared0.29
Alpha0.05
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)14.11
Price to Cash Flow (P/CF)-19.60
P/FCF Ratio0.00
Enterprise Value/Market Cap0.34
Enterprise Value/Revenue4.91
Enterprise Value/Gross Profit58.32
Enterprise Value/Ebitda-8.42
Forecast
1Y Price Target
$18.00Price Target Upside34.43% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering14
Riot Platforms News
Bulls Say, Bears Say
Bulls Say
Diversification And Growth PotentialThe view that RIOT will leverage its large power portfolio for high-performance computing and artificial intelligence suggests a potential transformation into a hybrid business model, offering an upside opportunity for investors.
Improved Efficiency And ProfitabilityRIOT captured additional efficiency gains as average uptimes improved to approximately 84%, with its Corsicana site reaching about 93% uptime.
Strategic Financial ManeuversRIOT's issuance of approximately $594M in convertible notes indicates a strategic financial maneuver to bolster its Bitcoin holdings and future capabilities.
Bears Say
Financial PerformanceThe company's hosting business continued to be a drag on results, with significant costs exceeding revenue.
Future GuidanceRiot modestly lowered YE2024 guidance to 34.9 EH/s from 36.3 EH/s previously and slashed YE2025 guidance to 46.7 EH/s from 56.6 EH/s due to longer lead times on substation equipment.
Hash Rate And ProductionRiot Platforms' hash rate and BTC production were below expectations and guidance.
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Ownership Overview
7.09% Insiders
11.82% Mutual Funds
0.04% Other Institutional Investors
62.30% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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RIOT FAQ
What was Riot Platforms’s price range in the past 12 months?
Riot Platforms lowest stock price was $6.36 and its highest was $18.36 in the past 12 months.
What is Riot Platforms’s market cap?
Riot Platforms’s market cap is $4.57B.
When is Riot Platforms’s upcoming earnings report date?
Riot Platforms’s upcoming earnings report date is Mar 12, 2025 which is in 51 days.
How were Riot Platforms’s earnings last quarter?
Riot Platforms released its earnings results on Oct 30, 2024. The company reported -$0.54 earnings per share for the quarter, missing the consensus estimate of -$0.18 by -$0.36.
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 -0.14.
How many shares outstanding does Riot Platforms have?
Riot Platforms has 343,927,060 shares outstanding.
What happened to Riot Platforms’s price movement after its last earnings report?
Riot Platforms reported an EPS of -$0.54 in its last earnings report, missing expectations of -$0.18. Following the earnings report the stock price went down -11.832%.
Which hedge fund is a major shareholder of Riot Platforms?
Among the largest hedge funds holding Riot Platforms’s share is Graham Capital Management, L.P.. It holds Riot Platforms’s shares valued at 799K.
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Riot Platforms Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$18.00 (34.43% Upside)
$18.00 (34.43% Upside)
Blogger Sentiment
Bullish
RIOT Sentiment 81%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 166.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $126.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.3%
Last 30 Days ▲ 3.5%
Last 30 Days ▲ 3.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
23.18%
12-Months-Change
Fundamentals
Return on Equity
1.90%
Trailing 12-Months
Asset Growth
100.79%
Trailing 12-Months
Company Description
Riot Platforms
Riot Blockchain Inc is focused on building, supporting and operating blockchain technologies. Distributed blockchain technology is a decentralized and encrypted ledger that is designed to offer a secure, efficient, verifiable and permanent way of storing records and other information without the need for intermediaries. It serves as a medium of exchange, store of value or unit of account. The company's portfolio consists of Verady, Tesspay, Coinsquare, and others.
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RIOT Company Deck
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RIOT Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented a mix of positive growth in hash rate and revenue, alongside challenges with increased net losses, operational inefficiencies, and reduced future growth forecasts. The positive aspects of strategic power management and increased Bitcoin holdings were countered by financial and operational hurdles.Read More>---
RIOT Stock 12 Month Forecast
Average Price Target
$18.00
▲(34.43% Upside)
Technical Analysis
HIVE Digital Technologies
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Best Analysts Covering RIOT
1 Year
1 Year Success Rate
9/13 ratings generated profit
1 Year Average Return
+17.72%
reiterated a buy rating 3 months ago
Copying John Todaro's trades and holding each position for 1 Year would result in 69.23% of your transactions generating a profit, with an average return of +17.72% per trade.
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