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)4.09K
Market Cap
$140.76B
Enterprise Value$9.85K
Total Cash (Recent Filing)$471.38M
Total Debt (Recent Filing)$279.24M
Price to Earnings (P/E)―
Beta1.57
Next Earnings
Nov 10, 2026EPS Estimate
-5.31Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-3.68
Shares Outstanding375,258,940
10 Day Avg. Volume4,909
30 Day Avg. Volume4,089
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
$571.99Price Target Upside77.47% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering14
EPS Forecast (FY)-43.3
Revenue Forecast (FY)$11.46B
Bulls Say, Bears Say
Bulls Say
Long-term AI Data-center ContractsThe long-duration Rockdale lease materially broadens Riot beyond bitcoin mining into contracted data-center infrastructure. Its substantial committed revenue base and projected 80%–90% NOI margin could improve earnings visibility, support recurring cash generation, and create a durable platform for additional AI-related deployments.
Growing Engineering Capability And BacklogThe engineering segment provides evidence of expanding execution capability and vertical integration in data-center infrastructure. Higher revenue, improved gross margin, and a substantial data-center-focused backlog can help Riot capture more project economics, reduce delivery bottlenecks, and reinforce its position as the business diversifies.
Liquidity And Moderate LeverageA large liquidity pool and relatively low debt-to-equity provide financial capacity to fund procurement and pursue contracted infrastructure growth. The $573M interim facility adds near-term support, while moderate leverage leaves more flexibility to manage the capital-intensive transition without relying entirely on immediate equity issuance.
Bears Say
Deep Losses And Weak Cash GenerationPersistent losses and negative cash generation weaken Riot’s ability to self-fund expansion and reduce financial resilience. Even where noncash items contribute to reported losses, the negative operating and free-cash-flow profile indicates that the current business is consuming capital, increasing dependence on financing and asset monetization.
Capital-intensive Buildout And Funding DependenceRiot’s data-center opportunity requires substantial upfront investment before the planned 2027–2028 delivery milestones. Heavy capital needs and reliance on project debt, equity, and recycled AMD financing create execution and funding exposure, while delays or cost changes could postpone the conversion of contracted revenue into cash flow.
Volatile Bitcoin-mining EconomicsSelf-mining remains exposed to variables Riot does not fully control, including bitcoin prices, network-wide hash rate growth, difficulty, and uptime. These factors can compress rewards and margins even when deployed capacity expands, while the reported 87% utilization and Kentucky downtime show that operating performance can also affect production.
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 $140.76B.
When is Riot Platforms’s upcoming earnings report date?
Riot Platforms’s upcoming earnings report date is Nov 10, 2026 which is in 60 days.
How were Riot Platforms’s earnings last quarter?
Riot Platforms released its earnings results on Aug 10, 2026. The company reported -$11.575 earnings per share for the quarter, missing the consensus estimate of -$5.158 by -$6.417.
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 -5.31.
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 -$11.575 in its last earnings report, missing expectations of -$5.158. 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:
$571.99 (77.47% Upside)
$571.99 (77.47% Upside)
Blogger Sentiment
Bullish
MX:RIOT Sentiment 75%
Sector Average 57%
Sector Average 57%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
27.74%
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
$571.99
▲(77.47% Upside)