RIOT Stock Chart & Stats
$322.30
-$29.77(-7.07%)
At close: 4:00 PM EDT
$322.30
-$29.77(-7.07%)
Day’s Range― - ―
52-Week Range$207.13 - $510.00
Previous CloseN/A
Volume1.54K
Average Volume (3M)3.33K
Market Cap
$145.12B
Enterprise Value$9.85K
Total Cash (Recent Filing)$471.38M
Total Debt (Recent Filing)$279.24M
Price to Earnings (P/E)―
Beta1.49
Next Earnings
Nov 10, 2026EPS Estimate
-5.83Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-3.68
Shares Outstanding375,258,940
10 Day Avg. Volume1,493
30 Day Avg. Volume3,330
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
$602.33Price Target Upside86.89% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering15
EPS Forecast (FY)-46.54
Revenue Forecast (FY)$12.24B
Bulls Say, Bears Say
Bulls Say
Long-term AI Data Center ContractThe long-dated Rockdale lease shifts part of Riot’s growth profile toward contracted infrastructure revenue rather than relying solely on Bitcoin mining. Its scale, duration, and targeted high NOI margin could improve earnings visibility and support durable cash generation as capacity is delivered.
Expanding Contracted CapacityThe combined lease portfolio creates a meaningful recurring revenue base tied to data center capacity and customer contracts. Scaling from mining into leased infrastructure can diversify Riot’s business model, strengthen customer relationships, and provide a platform for further site expansion.
Efficient Power And Mining OperationsLow reported power and direct production costs are an important competitive advantage in Bitcoin mining, where electricity and operating efficiency directly affect margins. Maintaining this cost position can help Riot remain viable through network competition and changing Bitcoin economics.
Bears Say
Deeply Negative ProfitabilityThe current cost structure is not translating strong revenue growth into sustainable profits. Deep losses across operating earnings reduce internal funding capacity, increase dependence on financing or asset monetization, and make future results highly sensitive to operating conditions and execution.
Persistent Cash ConsumptionNegative operating and free cash flow indicate that Riot is consuming cash while pursuing expansion rather than funding investment from recurring operations. Continued cash burn can constrain flexibility, increase funding needs, and heighten the consequences of delays or weaker project economics.
Capital-intensive Expansion And Funding RelianceThe planned data center buildout requires substantial capital before the projected contracted revenues are realized. Riot’s stated use of Bitcoin sales and project financing increases reliance on external funding and asset monetization, making execution and capital access central to the growth plan.
Riot Platforms News
RIOT FAQ
What was Riot Platforms’s price range in the past 12 months?
Riot Platforms lowest stock price was $207.13 and its highest was $510.00 in the past 12 months.
What is Riot Platforms’s market cap?
Riot Platforms’s market cap is $145.12B.
When is Riot Platforms’s upcoming earnings report date?
Riot Platforms’s upcoming earnings report date is Nov 10, 2026 which is in 41 days.
How were Riot Platforms’s earnings last quarter?
Riot Platforms released its earnings results on Aug 10, 2026. The company reported -$12.226 earnings per share for the quarter, missing the consensus estimate of -$5.448 by -$6.779.
Is Riot Platforms overvalued?
According to Wall Street analysts Riot Platforms’s price is currently Undervalued.
Does Riot Platforms pay dividends?
Riot Platforms does not currently pay dividends.
What is Riot Platforms’s EPS estimate?
Riot Platforms’s EPS estimate is -5.83.
How many shares outstanding does Riot Platforms have?
Riot Platforms has 375,258,940 shares outstanding.
What happened to Riot Platforms’s price movement after its last earnings report?
Riot Platforms reported an EPS of -$12.226 in its last earnings report, missing expectations of -$5.448. Following the earnings report the stock price went up 4.201%.
Which hedge fund is a major shareholder of Riot Platforms?
Currently, no hedge funds are holding shares in MX: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
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$602.33 (86.89% Upside)
$602.33 (86.89% Upside)
Blogger Sentiment
Bullish
MX:RIOT Sentiment 75%
Sector Average 60%
Sector Average 60%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
8.13%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-23.84%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Riot Platforms
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 MX:RIOT earnings summariesRIOT Stock 12 Month Forecast
Average Price Target
$602.33
▲(86.89% Upside)