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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)16.08M
Market Cap
$5.15B
Enterprise Value$9.85B
Total Cash (Recent Filing)$471.38M
Total Debt (Recent Filing)$279.24M
Price to Earnings (P/E)―
Beta2.54
Next Earnings
Nov 10, 2026EPS Estimate
-0.33Next Dividend Ex-DateN/A
Dividend Yield12.2%
Share Statistics
EPS (TTM)-3.68
Shares Outstanding375,258,940
10 Day Avg. Volume17,759,102
30 Day Avg. Volume16,081,168
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 Cap1.91
Enterprise Value/Revenue14.60
Enterprise Value/Gross Profit-106.10
Enterprise Value/Ebitda-45.80
Forecast
1Y Price Target
$32.54Price Target Upside52.75% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering15
EPS Forecast (FY)-2.62
Revenue Forecast (FY)$676.23M
Bulls Say, Bears Say
Bulls Say
Long-term AI Data Center ContractsThe long-dated Rockdale lease could shift Riot toward recurring infrastructure revenue with substantially higher visibility than standalone Bitcoin mining. Its contracted scale and projected NOI margins create a durable growth platform, provided the company executes the phased buildout and financing plan.
Low-cost, Scaled Mining OperationsRiot’s large deployed hash rate and low reported power cost support competitiveness in a network where electricity and operating efficiency are core inputs. These capabilities can improve resilience and preserve mining economics relative to less efficient operators over the next several quarters.
Engineering And Infrastructure CapabilitiesThe engineering segment adds an operating capability beyond Bitcoin production and is increasingly tied to data-center demand. Rising revenue, improved margins, and a mostly data-center backlog can support execution, reduce reliance on external contractors, and reinforce Riot’s infrastructure expansion.
Bears Say
Deep Losses And Weak ProfitabilityRiot’s strong revenue growth has not translated into sustainable profits, with negative gross margin and substantial net losses indicating a weak current cost structure. Persistent losses reduce internal funding capacity and make future earnings highly sensitive to operating conditions and asset values.
Persistent Cash ConsumptionOngoing operating and free-cash-flow deficits mean Riot is consuming capital while pursuing a capital-intensive expansion. This can increase reliance on financing, asset sales, or additional equity and may constrain strategic flexibility if project spending rises faster than cash generation.
High Exposure To Bitcoin Mining ConditionsBitcoin mining remains a major earnings driver, leaving Riot exposed to cryptocurrency prices, network competition, and power economics. These factors can change faster than infrastructure contracts, creating meaningful earnings volatility and complicating the transition toward steadier 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 $5.15B.
When is Riot Platforms’s upcoming earnings report date?
Riot Platforms’s upcoming earnings report date is Nov 10, 2026 which is in 21 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 -0.33.
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:
$32.54 (52.75% Upside)
$32.54 (52.75% Upside)
Blogger Sentiment
Bullish
RIOT Sentiment 75%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Increased
By 7.5M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 5.3%
Last 30 Days ▼ 5.3%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-29.82%
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 RIOT earnings summariesRIOT Stock 12 Month Forecast
Average Price Target
$32.54
▲(52.75% Upside)
Technical Analysis
Ownership Overview
6.95% Insiders
19.77% Mutual Funds
0.19% Other Institutional Investors
53.17% Public Companies and Individual Investors