Want to see RIOT full AI Analyst Report?
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)21.35M
Market Cap
$6.68B
Enterprise Value$9.85K
Total Cash (Recent Filing)$471.38M
Total Debt (Recent Filing)$279.24M
Price to Earnings (P/E)―
Beta2.58
Next Earnings
Nov 10, 2026EPS Estimate
-0.31Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-3.68
Shares Outstanding375,258,940
10 Day Avg. Volume17,340,893
30 Day Avg. Volume21,346,113
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)$673.80M
Bulls Say, Bears Say
Bulls Say
Long-Term AI Data Center ContractsThe long-duration Rockdale lease shifts part of Riot’s model toward contracted data-center infrastructure revenue. Its large capacity, long initial term, and projected high NOI margin could improve revenue visibility as phased construction is completed.
Expanding Infrastructure And Engineering PlatformAMD expansion and a growing engineering backlog support diversification beyond self-mining. Vertical integration, increased manufacturing capacity, and improved engineering margins may help Riot control delivery risks and capture more data-center value.
Scale And Low Power CostsLarge deployed hash rate and favorable power economics can strengthen Riot’s position in a competitive mining industry. Lower energy costs support mining resilience and provide operating scale, although returns remain dependent on network conditions.
Bears Say
Deep Losses And Weak Cash GenerationPersistent losses and cash consumption weaken internal funding capacity and reduce capital efficiency. With deeply negative ROE and recurring negative free cash flow, Riot may need sustained execution improvements before its expansion can become self-funded.
High Capital Intensity And Funding DependenceRiot’s data-center strategy requires substantial construction spending before full revenue realization. Dependence on project debt, asset sales, and possible equity funding creates execution and refinancing risk across the multi-year buildout.
Structural Bitcoin Mining VolatilitySelf-mining remains exposed to bitcoin prices, rising network competition, and operating downtime. These factors can compress mining revenue and margins even when Riot expands hash rate, leaving earnings structurally volatile during the transition.
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 $6.68B.
When is Riot Platforms’s upcoming earnings report date?
Riot Platforms’s upcoming earnings report date is Nov 10, 2026 which is in 68 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 N/A. 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 78%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 7.5M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.4%
Last 30 Days ▲ 7.1%
Last 30 Days ▲ 7.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
32.25%
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
23.33% Other Institutional Investors
30.67% Public Companies and Individual Investors