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)2.95K
Market Cap
$90.31B
Enterprise Value$9.85B
Total Cash (Recent Filing)$471.38M
Total Debt (Recent Filing)$279.24M
Price to Earnings (P/E)―
Beta1.15
Next Earnings
Nov 04, 2026EPS Estimate
-6.29Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-3.68
Shares Outstanding375,258,940
10 Day Avg. Volume3,623
30 Day Avg. Volume2,948
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
$584.40Price Target Upside81.32% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering15
EPS Forecast (FY)-51.01
Revenue Forecast (FY)$12.71B
Bulls Say, Bears Say
Bulls Say
Long-term AI Data Center ContractsThe long-dated Rockdale lease adds contracted infrastructure revenue beyond Bitcoin mining and materially expands Riot’s addressable market. Its high illustrative NOI margin could support durable cash generation once capacity is delivered, while extension options provide additional growth potential.
Low-cost Mining OperationsLow power costs and substantial deployed hash rate strengthen Riot’s position in a structurally competitive mining market. Better operating efficiency can protect margins relative to higher-cost miners and supports continued production growth when network conditions remain challenging.
Improving Balance-sheet FlexibilityRepaying the Coinbase facility reduces secured borrowing and releases important digital and cash assets from collateral arrangements. This improves financial flexibility for future capital allocation and leaves Riot less dependent on that specific financing source as it develops new infrastructure.
Bears Say
Deep And Volatile LossesSevere losses show that current operating scale and cost structure are not yet translating into sustainable earnings. The swing from profitability in 2024 to deep losses in 2025 and the TTM period indicates material earnings volatility that can constrain internally funded growth.
Persistent Cash ConsumptionOngoing cash burn reduces the funds available for expansion and increases reliance on financing, asset sales, or other capital sources. If negative cash generation persists during the buildout, Riot may face greater pressure to prioritize liquidity over operating investment.
Capital-intensive Expansion And Funding DependenceRiot’s data center strategy requires very large upfront investment before the planned lease revenue is fully realized. Execution therefore depends on arranging substantial project financing and delivering capacity on schedule, creating funding and implementation risk during the expansion phase.
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 $90.31B.
When is Riot Platforms’s upcoming earnings report date?
Riot Platforms’s upcoming earnings report date is Nov 04, 2026 which is in 3 days.
How were Riot Platforms’s earnings last quarter?
Riot Platforms released its earnings results on Aug 10, 2026. The company reported -$12.775 earnings per share for the quarter, missing the consensus estimate of -$5.692 by -$7.083.
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 -6.29.
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 -$12.775 in its last earnings report, missing expectations of -$5.692. 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:
$584.40 (81.32% Upside)
$584.40 (81.32% Upside)
Blogger Sentiment
Bullish
MX:RIOT Sentiment 78%
Sector Average 56%
Sector Average 56%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-39.26%
12-Months-Change
Fundamentals
Return on Equity
-48.36%
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
$584.40
▲(81.32% Upside)