Riot Platforms, Inc. (DE:AP4N)
NASDAQ:AP4N
AP4N Stock Chart & Stats
€15.46
-€1.00(-8.13%)
At close: 4:00 PM EST
€15.46
-€1.00(-8.13%)
Day’s Range― - ―
52-Week Range€8.05 - €24.77
Previous CloseN/A
Volume7.93K
Average Volume (3M)4.31K
Market Cap
€9.00B
Enterprise Value€11.04B
Total Cash (Recent Filing)€205.67M
Total Debt (Recent Filing)€877.18M
Price to Earnings (P/E)―
Beta1.90
Next Earnings
Jul 30, 2026EPS Estimate
-0.19Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.35
Shares Outstanding378,151,250
10 Day Avg. Volume5,862
30 Day Avg. Volume4,312
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 CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€26.04Price Target Upside68.43% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering15
EPS Forecast (FY)-1.63
Revenue Forecast (FY)€579.17M
Bulls Say, Bears Say
Bulls Say
Large Contracted AMD Lease (50 MW, 10-year TCV)A 10-year, $636M TCV with ~ $51M annual NOI creates durable, contracted cash flows that de-risk growth versus pure mining revenue. Long-term lease revenue diversifies income, supports project finance, and provides predictable NOI as AMD ramps to the full 50 MW footprint.
Corsicana Capital Efficiency And Expanded CapacityAchieving ~50% more core capacity for the same core-and-shell spend materially improves development economics. Higher capacity per dollar lowers marginal CapEx/MW, enabling faster scale, better returns on future builds and more efficient conversion of approved power into revenue-generating assets.
Large Bitcoin Treasury Provides Non-dilutive LiquidityA sizable BTC treasury offers a non-dilutive liquidity source and collateral for secured financing, increasing funding optionality for development. This treasury can support near-term capex and refinancing strategies, reducing immediate reliance on equity while management pursues tenant‑backed project finance.
Bears Say
Negative Operating And Free Cash FlowSustained negative operating and free cash flow forces dependence on asset sales, BTC disposals, or external financing to fund growth. That cash burn increases refinancing and liquidity risk, constrains organic reinvestment, and elevates the importance of converting contracted leases to cash flow quickly.
Large GAAP And Adjusted EBITDA LossesMaterial reported losses reflect mark-to-market volatility and heavy scaling costs. Persistent large accounting and EBITDA deficits can erode retained capital, limit financing alternatives, and signal that operational scale-up and depreciation will keep profitability negative until recurring lease revenue and mining margins improve materially.
Early-stage Data Center Revenue Mix Is Low-marginHeavy reliance on low-margin fit-out work delays realization of high-margin, recurring operating lease income. Until recurring leases scale, segment margins and free cash flow will remain depressed, increasing execution risk that tenant conversions and phased deliveries deliver the anticipated NOI profile.
Riot Platforms News
AP4N FAQ
What was Riot Platforms, Inc.’s price range in the past 12 months?
Riot Platforms, Inc. lowest stock price was €8.05 and its highest was €24.77 in the past 12 months.
What is Riot Platforms, Inc.’s market cap?
Riot Platforms, Inc.’s market cap is €9.00B.
When is Riot Platforms, Inc.’s upcoming earnings report date?
Riot Platforms, Inc.’s upcoming earnings report date is Jul 30, 2026 which is in 42 days.
How were Riot Platforms, Inc.’s earnings last quarter?
Riot Platforms, Inc. released its earnings results on Apr 30, 2026. The company reported -€1.248 earnings per share for the quarter, missing the consensus estimate of -€0.497 by -€0.751.
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. does not currently pay dividends.
What is Riot Platforms, Inc.’s EPS estimate?
Riot Platforms, Inc.’s EPS estimate is -0.19.
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 -€1.248 in its last earnings report, missing expectations of -€0.497. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Riot Platforms, Inc.?
Currently, no hedge funds are holding shares in DE:AP4N
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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8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
€26.04 (68.43% Upside)
€26.04 (68.43% Upside)
Blogger Sentiment
Bullish
DE:AP4N Sentiment 70%
Sector Average ―
Sector Average ―
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
169.61%
12-Months-Change
Fundamentals
Return on Equity
-28.78%
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.
AP4N Company Deck
AP4N 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 DE:AP4N earnings summariesAP4N Stock 12 Month Forecast
Average Price Target
€26.04
▲(68.43% Upside)
Technical Analysis
Options Prices
Currently, No data available
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