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RIOT Stock Chart & Stats
$21.30
-$1.33(-5.57%)
At close: 4:00 PM EDT
$21.30
-$1.33(-5.57%)
Day’s Range― - ―
52-Week Range$11.50 - $30.32
Previous CloseN/A
Volume14.53M
Average Volume (3M)18.87M
Market Cap
$8.91B
Enterprise Value$9.85K
Total Cash (Recent Filing)$471.38M
Total Debt (Recent Filing)$279.24M
Price to Earnings (P/E)―
Beta2.50
Next Earnings
Nov 10, 2026EPS Estimate
-0.31Next Dividend Ex-DateN/A
Dividend Yield12.2%
Share Statistics
EPS (TTM)-3.68
Shares Outstanding375,258,940
10 Day Avg. Volume13,423,491
30 Day Avg. Volume18,868,594
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit>-0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$33.86Price Target Upside58.95% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering14
EPS Forecast (FY)-2.55
Revenue Forecast (FY)$675.05M
Bulls Say, Bears Say
Bulls Say
Long-Term AI Data Center LeaseThe 20-year Rockdale lease adds a durable contracted-revenue base beyond volatile Bitcoin mining. Its 191 MW commitment, projected $9.1 billion initial-term revenue and 80%–90% illustrative NOI margin could materially improve recurring cash earnings once phased capacity is delivered.
AMD Capacity ExpansionAMD capacity has expanded to 50 MW, with the first 25 MW delivered on time and on budget and full deployment expected by May 2027. This provides an operating track record, recurring infrastructure revenue, and a foundation for further customer expansion.
Engineering Growth And BacklogEngineering revenue more than tripled year over year, gross margin expanded above 27%, and backlog reached $177.1 million, about 90% data center. The segment's manufacturing expansion and vertical capabilities can support timely deployments while diversifying revenue beyond mining.
Bears Say
Severe Profitability WeaknessTTM profitability is severely impaired: gross margin is below zero, net margin is about -196%, and ROE is roughly -48%. The return from 2024 profitability to deep 2025 and TTM losses signals an unstable cost structure and weak current capital efficiency.
Funding DependenceUsing mined Bitcoin to fund data-center equity needs reduces the treasury asset available for future flexibility and ties development funding to asset sales. This increases reliance on external financing or continued monetization of Bitcoin while construction remains capital intensive.
Bitcoin Mining ExposureBitcoin mining remains exposed to lower Bitcoin prices and rising global hash-rate competition, which can compress revenue and mining economics independently of Riot's execution. That sensitivity may continue to create earnings volatility while the company transitions toward data-center revenue.
Riot Platforms News
RIOT FAQ
What was Riot Platforms’s price range in the past 12 months?
Riot Platforms lowest stock price was $11.50 and its highest was $30.32 in the past 12 months.
What is Riot Platforms’s market cap?
Riot Platforms’s market cap is $8.91B.
When is Riot Platforms’s upcoming earnings report date?
Riot Platforms’s upcoming earnings report date is Nov 10, 2026 which is in 50 days.
How were Riot Platforms’s earnings last quarter?
Riot Platforms released its earnings results on Aug 10, 2026. The company reported -$0.68 earnings per share for the quarter, missing the consensus estimate of -$0.303 by -$0.377.
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 12.2%. See more information on Riot Platforms dividends here
What is Riot Platforms’s EPS estimate?
Riot Platforms’s EPS estimate is -0.31.
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 -$0.68 in its last earnings report, missing expectations of -$0.303. Following the earnings report the stock price went up 4.33%.
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
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$33.86 (58.95% Upside)
$33.86 (58.95% Upside)
Blogger Sentiment
Bullish
RIOT Sentiment 76%
Sector Average 59%
Sector Average 59%
Hedge Fund Trend
Increased
By 7.5M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 0.4%
Last 30 Days ▼ 1.3%
Last 30 Days ▼ 1.3%
News Sentiment
Neutral
Bullish news 57%
Bearish news 43%
Bearish news 43%
Technicals
SMA
Positive
20 days / 200 days
Momentum
35.63%
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 RIOT earnings summariesRIOT Stock 12 Month Forecast
Average Price Target
$33.86
▲(58.95% Upside)
Technical Analysis
Ownership Overview
6.95% Insiders
19.77% Mutual Funds
23.34% Other Institutional Investors
30.51% Public Companies and Individual Investors