Want to see RIOT full AI Analyst Report?
RIOT Stock Chart & Stats
$18.11
-$0.67(-5.36%)
At close: 4:00 PM EST
$18.11
-$0.67(-5.36%)
Day’s Range― - ―
52-Week Range$10.59 - $30.32
Previous CloseN/A
Volume10.93M
Average Volume (3M)15.12M
Market Cap
$6.91B
Enterprise Value$4.89K
Total Cash (Recent Filing)$205.67M
Total Debt (Recent Filing)$877.18M
Price to Earnings (P/E)―
Beta2.63
Next Earnings
Jul 30, 2026EPS Estimate
-0.28Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.35
Shares Outstanding378,151,250
10 Day Avg. Volume13,205,358
30 Day Avg. Volume15,116,456
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
$31.00Price Target Upside71.18% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering14
EPS Forecast (FY)-2.01
Revenue Forecast (FY)$659.82M
Bulls Say, Bears Say
Bulls Say
Large AMD Long-term LeaseA long‑duration 50 MW commitment with $636M TCV and ~ $51M average annual NOI creates predictable, multi-year contracted cash flows. This materially shifts revenue mix toward recurring leases, supports project financing, and lowers reliance on volatile mined-Bitcoin economics for growth financing.
Large Bitcoin TreasuryA ~$1.1B BTC treasury provides a sizeable, non-dilutive liquidity buffer for capex and operations. Strategically convertible BTC enables disciplined funding of development, supports loan collateralization, and buys time for lease ramping without immediate equity issuance, enhancing financing optionality.
Improved Capital Efficiency & ScaleIncreasing core-and-shell capacity by 50% for unchanged CapEx materially improves MW-per-dollar economics. Higher capital efficiency accelerates scale, lowers incremental build costs, and improves project returns, enabling faster roll-out of leased capacity and better unit economics over multi-year development cycles.
Bears Say
Negative Operating And Free Cash FlowPersistently negative operating and free cash flow increases dependence on external financing or BTC sales to fund development. This cash burn raises execution risk on multi-year buildouts, constrains discretionary investment, and can force dilutive or asset-backed financing if mining or lease cash flows lag.
Early-stage, Low-margin Data Center MixInitial data-center revenue is dominated by low-margin tenant fit-outs rather than recurring, high-margin operating leases. Until lease conversion scales, reported revenue will understate durable NOI and cash generation; margin recovery depends on successful, timely delivery of contracted leases and tenant expansions.
Earnings Volatility And Funding Reliance On BTCMaterial mark-to-market swings and management's reliance on Bitcoin sales or BTC-backed facilities inject volatility into funding capacity. Falling BTC prices or tighter lending terms could impair liquidity, increase funding costs, and constrain project timelines, making long-term execution sensitive to crypto market cycles.
Riot Platforms News
RIOT FAQ
What was Riot Platforms, Inc.’s price range in the past 12 months?
Riot Platforms, Inc. lowest stock price was $10.59 and its highest was $30.32 in the past 12 months.
What is Riot Platforms, Inc.’s market cap?
Riot Platforms, Inc.’s market cap is $6.91B.
When is Riot Platforms, Inc.’s upcoming earnings report date?
Riot Platforms, Inc.’s upcoming earnings report date is Jul 30, 2026 which is in 10 days.
How were Riot Platforms, Inc.’s earnings last quarter?
Riot Platforms, Inc. released its earnings results on Apr 30, 2026. The company reported -$1.44 earnings per share for the quarter, missing the consensus estimate of -$0.573 by -$0.867.
Is Riot Platforms, Inc. overvalued?
According to Wall Street analysts Riot Platforms, Inc.’s price is currently Undervalued.
Does Riot Platforms, Inc. pay dividends?
Riot Platforms, Inc. pays a Notavailable dividend of $1 which represents an annual dividend yield of N/A. See more information on Riot Platforms, Inc. dividends here
What is Riot Platforms, Inc.’s EPS estimate?
Riot Platforms, Inc.’s EPS estimate is -0.28.
How many shares outstanding does Riot Platforms, Inc. have?
Riot Platforms, Inc. has 378,151,250 shares outstanding.
What happened to Riot Platforms, Inc.’s price movement after its last earnings report?
Riot Platforms, Inc. reported an EPS of -$1.44 in its last earnings report, missing expectations of -$0.573. Following the earnings report the stock price went up 7.309%.
Which hedge fund is a major shareholder of Riot Platforms, Inc.?
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
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$31.00 (71.18% Upside)
$31.00 (71.18% Upside)
Blogger Sentiment
Bullish
RIOT Sentiment 71%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Decreased
By 3.1M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 2.4%
Last 30 Days ▼ 2.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
36.98%
12-Months-Change
Fundamentals
Return on Equity
-28.78%
Trailing 12-Months
Asset Growth
-7.56%
Trailing 12-Months
Company Description
Riot Platforms, Inc.
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 Stock 12 Month Forecast
Average Price Target
$31.00
▲(71.18% Upside)
Technical Analysis
Ownership Overview
7.76% Insiders
19.62% Mutual Funds
0.12% Other Institutional Investors
53.48% Public Companies and Individual Investors